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Booming tourism makes Brazil property more attractive

Sunday, December 7, 2008

Brazilian property investors could be interested to learn that owning property in the Latin American nation can be a "great experience", it has been reported.

Recently launched PropertyBrazilEstate.com, a new property website claims that Brazilian property offers a great investment potential as well as an enjoyable lifestyle. The website added that factors such as a strong economy, fantastic weather, great food, warm friendly people and realistic chances of a 20 per cent capital growth makes Brazilian real estate a strong option for buyers.

Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the House of Deputies that the country will continue to maintain the investment flow so the impact of the crisis does not result in "exorbitant costs",

Meanwhile, Figures released by the Central Bank of Brazil showed tourism revenue of $478 million (£321 million) during the month which is 9.78 per cent higher than compared to the same period last year, according to Brazzil Magazine. Alvaro Bezerra de Mello, president of the ABIH (The Brazilian Hotel Industry Association has said that he forecasts the nation's tourism will continue to do well all the way through.

This comes after the news that Brazil will have a high number of opportunities available to people wanting to invest in Brazil as the number of tourists increases, reports Ready2Invest.

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posted by EstatesNewz, 10:18 PM

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