Films and sports boost Brazil property market

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The Brazilian property market is
one of the world’s hotspots.  With
economic growth in the country at 6.9 per cent in 2010 there are lots of
reasons to be positive about buying property in Brazil.

However, over the next year or
two there are other reasons why the focus may turn to the country and its
property.  We look at two such
reasons.

Hollywood blockbuster set in Brazil

Millions of cinemagoers are set
to see Brazil’s true beauty over the next few months thanks to the country
featuring in a new Hollywood blockbuster.

The fourth instalment of the
successful Twilight series, Breaking Dawn: Part 1, has been released
in the last week.  In it, the two
main characters, Bella and Edward, are married and spend their honeymoon in Mamangua
Bay in Brazil.

The characters, played by Kristen
Stewart and Robert Pattinson, spend time in a stunning 11,000 square foot
beachfront property designed by renowned architect Thiago Bernandes.

With the location looking amazing
in the movie, it’s hard not to see the huge box office smash not having a major
impact on the tourist and property industry in Brazil.

World’s two biggest sporting events heading to Brazil

The focus of the world’s sports
fans is also set to be on Brazil over the next five years as the two biggest
events in the sporting calendar land in the country.

The 2014 FIFA World Cup will be
held in 12 cities across the country with the final set to be hosted by the
legendary Maracana Stadium in Rio de Janeiro.

Then, just two years later,
London will hand the Olympic Games baton to Rio de Janeiro as it hosts the
Games of the XXXI Olympiad.

Both events require significant
infrastructure improvements and will bring millions of tourists into
Brazil.  It is these factors which
many believe will help the prices of property in Brazil continue to rise over
the next few years.