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Brazil tourist tip could spell good news for investors

Article Date : 21 December 2009       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Brazil tourist tip could spell good news for investors

Property investors in Brazil could gain from a surge in visitor numbers if predictions of a major pick-up in the sector are correct.

Speaking about the country, travel editor at Lonely Planet Tom Hall said the South American nation is "extremely well set up to mount a quick recovery when it comes to tourism".

He stated that the obvious attraction is Rio de Janeiro, but noted that there are also a number of other places that are popular, including Sao Paolo, whose "reputation as a cultural hot spot is growing seemingly by the month".

Mr Hall also noted that tourism is growing in the north-east and places such as Iguassu Falls, on the border with Argentina.

Those keen to invest in buy-to-let property overseas may consider such parts of Brazil as an option.

Earlier this week, Shelter Offshore said expats would find Brazil a good place to buy property as it is "a nation with everything going for it".

Tags: Argentina, Brazil, Rio de Janeiro, Sao Paolo
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