Brazilian investment prospects 'good'

Investors considering purchasing property in Brazil may be pleased to hear that experts believe prospects in the country are looking up.

With a better than expected growth in the country's economy and a long-term sovereign debt status upgrade from Standard & Poors, the Latin American nation is looking forward to increasing levels of investment from overseas, according to the Brazilian-American Chamber of Commerce.

Brazil's equity funds have already spotted the potential and for the past six consecutive weeks the country has seen consistent inflowing revenue.

Property in Brazil, the health sector and information technology are particular areas of interest for investors.

Julian Thompson, head of emerging market equities at Threadneedle, commented: "The demand for middle income residential property is strong and [it] remains relatively good value."

Joinville may be a focal point for investment in Brazil, as it is to see $800 million (£400 million) worth of public money pumped into infrastructure and the local economy over the next five years, reports Nubricks.com.

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