If youââ¬â¢re looking for a great
place to buy an investment property then Brazil should be on your
shortlist. A booming economy, the
prospect of the 2014 World Cup and 2016 Olympics and increasing numbers of
tourists make the countryââ¬â¢s housing market one of the worldââ¬â¢s most robust.
New figures have found that
Brazil attracted a record number of visitors in 2011 ââ¬â great news if youââ¬â¢re
looking for an investment property.
Keep reading to learn more.
Record tourism figures boost property investment potential
Figures from the Brazilian
Tourism Ministry showed that the country welcomed a record 5.4 million tourists
in 2011. This represents a 5.3 per
cent increase on 2010 ââ¬â and the visitors are coming from all around the world.
Visitors from South America
increased from 2.38 million to 2.63 million in 2011 with a 13.9 per cent
increase in visitors from neighbouring Argentina alone.
Investment International reports that ââ¬ËBrazil’s wealth of cultural,
gastronomic and environmental attractions also drew visitors from all over the
worldââ¬â¢. Russian tourists rose by
over 40 per cent, Chinese visitors were up by almost half and Indian visitors
to the country rose by 14 per cent in 2011.
Brazil is an increasingly popular
place for tourists and these numbers are only set to increase as the World Cup
and Olympics arrive in the country in the next four years.
Visitors from Europe were also
up in 2011, with 1.62 million European tourists heading to the beautiful
country. And, of course, more
tourists means more property rental and investment opportunities.
With a wide choice of property,
from beachside villas to city centre apartments and increasing local demand for
homes, thereââ¬â¢s really never been a better time to buy property in Brazil.ââ¬Â
Author : Nick
Marr