News Article - Send to Friend

Email Preview

Hi

Could investment in Rio grow as tourists invited to favelas?

Those interested in investment in Rio de Janeiro may be interested to know the Brazilian government is encouraging tourists to visit the city's favelas.

With the Olympics being hosted in the area in 2016, the authorities are eager to show the slums are not as dangerous as they may have previously been perceived, AFP stated.

"Favelas are neighborhoods, communities, like everywhere else," the news provider quoted president Luiz Inacio Lula da Silva as saying.

His Rio Top Tour was launched on Monday (August 30th) and the visitors were led through a shantytown near to where the Olympics will be held, the information source revealed.

The president said he was hoping to organise other opportunities for tourists to discover the city's favelas, where around a third of the urban area's population are settled.

Of the 1,000 slums in Rio, visitors will be invited into those that are guarded by police squads, the news agency noted.

This comes after EFE reported the city's mayor Eduardo Paes told CBN radio 378 shantytowns would be regenerated in time for the Olympics.

For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of opportunities for investment in Rio.

More articles can be read at www.propertyinbrasil.com/Brazilian-News/