A record breaking 5.4 million overseas visitors were welcomed to Brazil in 2011, a 5.3% increase from 2010, according to the latest figures from the country’s tourism ministry.
Investors considering putting their money into property in Brazil should look to land, which is a "low entry, affordable way" into the market, according to experts.
Overseas property investors wanting a slice of the Brazilian market may want to consider putting their money into hotels, according to global real estate services firm, Jones Lang LaSalle.
Brazil’s position as ‘the powerhouse’ of the Latin American property market shows no signs of being challenged in the near future, according to global consultancy PricewaterhouseCoopers.
The property market in Brazil has been recognised as one of the best performing in the world, with only Delhi showing greater growth.
Brazil has overtaken the UK to become the world’s 6th largest economy according the Centre for Economics and Business Research.
Already booming Brazil is set to get another boost to its property and tourism markets after the country’s recent appearance in the latest Twilight film.
FIFA has this month announced its schedule of dates and venues for the 2014 World Cup in Brazil, giving a boost to investment plans in the country.
Brazil’s booming fortunes show no signs of abating with the news that travel website Expedia have seen a 90% increase in bookings for the South American country.
A report published by the Global Property Guide reveals that prices of property in São Paulo have risen by 20% in the last year.