Expert tips Brazilian city for investment success

People considering buying investment properties in Brazil should look at the city of Joinville, an overseas housing expert has advised.

The suggestion was made by Dan Johnson of The Move Channel, who explained that Joinville is set to benefit from a major publicly-funded investment programme.

Authorities in the city have set aside $800 million (£405 million) for infrastructure projects and improvements to health and education facilities over the next five years.

City leaders hope this will stimulate the economy and create employment opportunities, which Mr Johnson believes will create favourable conditions for property investors.

"In a domestic market that is growing rapidly as a whole, this city is already faring well and this investment programme will help Joinville to continue attracting residents and businesses," he told Nubricks.com.

Mr Johnson added that acting before the benefits of the public money start to be felt would help property investors to maximise returns.

His advice comes after Jonathan Garner, head of emerging markets for Morgan Stanley, told Reuters he was recommending land and property in Brazil to investors.

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