Brazilian property 'in demand as middle class grows'
Date added: 30th September, 2010 at 10:15
(view all articles from September, 2010)
Categories: Economy, Property News, Social and Affordable Housing in Brazil
Brazilian property is in demand with the country's burgeoning middle-class demographic, it has been claimed.
Will Landers, manager of Blackrock Latin American Investment Trust, said the nation "offers the best combination of a strong top-down story and the most attractive valuations from a bottom-up perspective".
Domestic growth is making the country an attractive prospect for speculators, with the population increasing in wealth and looking to buy real estate and other luxury goods, he explained.
The expert was speaking to the Association of Investment Companies, which asked specialists to comment on the "hot topic" of Brazil ahead of the nation's general election on October 3rd.
Mr Landers stated he did not expect the introduction of a new leader to have any effect on the money ploughed into the country by investors.
Currently in first place in the presidential race is Dilma Rousseff, who represents the ruling Workers' Party, with a recent Vox Populi poll showing she had won the support of 51 per cent of voters, according to Reuters.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of Brazilian property.
Related Articles
Brazilian property firm rated "positive" by Fitch
Date added: 28th September, 2010 at 09:08
(view all articles from September, 2010)
Could Rousseff continue Minha Casa, Minha Vida?
Date added: 24th September, 2010 at 14:54
(view all articles from September, 2010)
Could commercial investment in Brazil grow with more people in jobs?
Date added: 24th September, 2010 at 09:29
(view all articles from September, 2010)