Brazil could be a big new destination for expat property buyers, according to a leading property website.
BuyAssociation.com have recently noted that Brazil’s financial standing can only improve as both the FIFA World Cup and the Olympic Games are set to take place in the country. As one of the BRIC nations Brazil has also been earmarked as a developing economy to watch.
In fact, many finance experts predict that the huge revenue-generating sporting events in the country will elevate Brazil into the top five economies of the world.
Speaking about Brazil Paul Collins, editor of BuyuAssociation.com said: “"It has shown that the measures put in place by the government to mitigate the effects of the global downturn have worked. That is quite a compelling argument for the stability of the country.”
Within the country there are many properties that can be snapped up by willing foreign buyers, and low property prices make owning a home in a country as beautiful as Brazil even more appealing. Brazil is also known to have a high quality of life and fantastic culture.