Brazil presents investment opportunities

Brazil's potential as a good invest market has been outlined by a property developer in the country.

Invest Tur stated that the South American nation has a diverse range of attractions to offer, such as history, good beaches and natural beauty, Market Watch reports.

However, the firm added that since the country is hosting the football World Cup in 2014, it also offers other benefits to investors.

Carlos Novis Guimaraes, chairman of the board at Invest Tur, highlighted the extra investment in infrastructure upgrades as one example, along with a likely increase in tourism.

This should push up demand for rental accommodation in many of Brazilian property's main hotspots, which could enhance its appeal to overseas property investors.

Mr Guimaraes commented: "From the Amazon to tropical forests to colonial history to beaches, it's a myriad of natural and very high-level attractions that have been vastly underdeveloped."

Brazil's government recently revealed that the country's economy expanded by 5.4 per cent last year.

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