Property in Salvador 'attracting foreign investment'
Date added: 15th September, 2010 at 09:23
(view all articles from September, 2010)
Categories: Property News, Salvador
Property in Salvador is one of the Brazilian markets receiving attention for overseas speculators, it has been reported.
The Daily Telegraph noted the country has been predicted by Goldman Sachs as one of the next global economic powerhouses.
While money has been ploughed into preparations for the 2016 Olympics and 2014 World Cup, social and economic reform has also seen the wealth of the nation surge.
According to the publication, the Brazilian real estate market has seen a huge growth in interest from foreign speculators, with the country's coastline attracting money from overseas.
The nation boasts as much as 7,500 km of beaches, the newspaper stated, with property in Salvador, Natal and Rio de Janeiro all highlighted by the information source as investment opportunities.
This news comes after Paulo Cabral wrote for the BBC that government initiatives such as the affordable housing project Minha Casa, Minha Vida were helping more families buy Brazilian property.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of property in Salvador.
Related Articles
Investment in Brazilian property 'like a fever'
Date added: 31st August, 2010 at 10:54
(view all articles from August, 2010)
Could retail sales during the World Cup see more commercial investment in Brazil?
Date added: 20th August, 2010 at 14:56
(view all articles from August, 2010)
Affordable housing schemes in Brazil see double profit for developer
Date added: 13th August, 2010 at 14:00
(view all articles from August, 2010)