Tuesday, December 30, 2008

Sao Paulo named in top ten cities list

People thinking about buying property in Brazil may be interested to hear that the Brazilian city of Sao Paulo has been included in Lonely Planet's top ten cities list.

The travel guide as selected Sao Paulo in its Best in Travel 2009 guide Along with Chicago, Lisbon, Zurich and Shanghai because it offers a new and exciting holiday destination. Lonely Planet's new guide aims to capture the worlds hottest travel trends, destinations, journeys and experiences for the year ahead.

According to Aboutsaopaulo.com, the state of Sao Paulo accounts for just three per cent of the Brazilian territory yet is home to 40 million people and it also attracts the most foreign visitors.

The website also stated that due to a favorable exchange rate many Brits are choosing to invest in property in Brazil and Sao Paulo's properties providing goof rental returns. Sao Paulo also offers excellent value for money and capital growth, while a strong tourism infrastructure is already in place including an international airport, restaurants and many attractions. The prices for a two-bedroom house start at £40,000.

Previously, Brazzil Magazine has reported that Brazil's housing market offers a good deal for investors, referring to it as a "safe haven" which has remained unaffected by the current global housing crisis.

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