Carnival time?

Brazil has fast developed into a sound economy with a fiscal and political environment conducive to growth. Despite the country

Foreign investment into real estate is actively encouraged in Brazil; foreigners can own 100% of land and property within the country, which is not always the case in emerging markets. This is viewed as a major contributory factor, alongside the favourable currency exchange rate for foreigner investment. This has enabled direct foreign investment into real estate in Brazil to soar. A staggering US$1.3 billion was invested by foreigners in 2006 alone.

The fact that Brazilian properties are still available at low prices, combined with a pro-active Government that is taking a long-term attitude to investment into infrastructure improvements and into tourism, will result in inherent rises in property prices, thereby creating a lucrative property market. Additionally, the market is still in its infancy and indicators to its future are highly positive, all aspects that make it a prime emerging market.