Stability key to attracting investors to Brazil

Stability and a strong economy are two factors which could tempt investors to the Brazilian market, one property expert has claimed.

According to Terry Hobbs, of portal PropertyShowrooms.com, the South American destination offers great potential for investment this coming year.

In addition, the country is likely to benefit from a host of sporting events which are being staged within its boundaries.

The 2014 Fifa World Cup and 2016 Olympic Games are sure to draw yet more attention to the emerging destination.

Mr Hobbs noted that, for him, stability was a key attribute when looking for countries to invest in an as such Brazil is ideal.

"Brazil is a personal favourite of mine, if you are buying in the right place," he commented.

"I certainly think there are some places such as Rio and Sao Paulo where, if you are looking in the right places and you are getting the right deal, then you could have a very good investment."

Furthermore, investment portal Property Frontiers has also tipped Brazil to be a popular destination for overseas buyers during 2010.

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