World Bank loan to Brazil boosts property market

Overseas investors considering buying property in Brazil could be interested to hear the news of the high rate of economic growth in Brazil and a $7 billion (£3.5 billion) loan by the World Bank for improving the infrastructure. Meanwhile, Ignacio Goni, the head of Latin American research for Riedel Research Group has revealed that Brazil was a very attractive place to be for investors in most sectors.

The Brazilian press has reported that last week in Washington DC the Executive Board of International Bank for Reconstruction and Development (IBRD) approved the deal.
IBRD has stated that almost 70% of the financing should be made available to state governments for priority projects and the Growth Acceleration Programme. Overseas investors are planning to buy property for sale in Brazil will be increased as the infrastructure improvements across the country would indirectly support investors by raising the appeal of certain locations.

The recent surge of tourists would kick-start growth in the Brazil economy, with the holiday industry being the key player. The burgeoning tourist trade are driving property prices upwards and offers investors the chance for strong returns on their investment.

Louise Brown on an interview to The Telegraph has said that foreign property buyers would be able to enter the market at a relatively low price, since it is considerably cheap to invest in Brazil at the moment. Property Frontiers said that property and land prices are rising but still reasonably priced and investors in rental properties could expect returns of about ten per cent a year.

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Thanks for the update. Brazil like many places in central and south Americas, is becoming a great place for real estate investment. The US market is overpriced, but there are a lot of bargain values in these developing countries. The fractional ownership real estate market will be opening up soon in Brazil. We have heard a lot of interest in the fractional ownership industry.

Hi, my name is Agustin, and I am looking for investors interested in Brazil real estate, I have RE contacts in Sao Paulo, Goiania, and Caldas Novas (thermal city).
If you want, we could get in touch.

[email]amirandetti@creditcorp.es[/email]