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Brazil Property Investment ?��Ǩ�� Citius, Altius, Fortius

By Obelisk on 05 October 2009

For those waiting for further proof of Brazil's new international presence before they make investment in Brazil property, try Rio de Janeiro's successful 2016 Olympic bid. As host to the World Cup in 2014 and now the Olympic Games two years later, this confirms Brazil real estate is one of the most exciting prospects in the world.

Beating three cities in three of the world's most developed countries, Brazil's candidate, Rio de Janeiro, achieved 66 votes of the 99 cast by the International Olympic Committee (IOC) in Copenhagen on Friday. The victory brought tears to the eyes of Brazil President, Lula and football star Pelé.

"Today is a day to celebrate because today Brazil was upgraded from a second-class country to a first-class country," Lula said at the emotional press conference after Rio's victory. He later went on to claim that Brazil will host the best Olympics the world has ever seen.

The 2016 Games will be the first to be celebrated in a South-American country. In his speech to the members of the IOC, Lula said that Rio's bid was also Latin America's bid, backed by 400 million people including 180 million young people. "Rio is the most fantastic city on earth", he said. Lula also pointed out that Brazil is now firmly on the world economic map as was recognised at the recent G20 summit.

Just as the Beijing Olympics last year marked China's status as a world power, the Rio 2016 Games mean that Brazil has received a global stamp of approval, also as a world power.

‘Citius, Altius, Fortius' is the Olympic motto and means ‘faster, higher and stronger', a trio of adjectives that fit Brazil like a glove. At a time when most developed countries are struggling to find some positive economic data, Brazil is full of it. The latest Olympic success comes fast behind several weeks of increasingly good news. GDP growth for Q2 was well ahead of the few other developed countries that managed positive growth. Brazil's industrial output and consumer confidence are increasing monthly and unemployment is at a steady 8%.

Tipped by Goldman Sachs to be one of the world's top four economies by 2050, Brazil is already the world's tenth largest. Latest economic figures and the discovery of massive oil fields off the Brazilian coast have led some analysts to predict that Brazil will the fifth biggest economy by 2020.

World sporting events - and the World Cup and Olympics Games are the two biggest - are huge generators of revenue for a country. They are also major engines behind investment and Brazil property investment will be no exception. World Cup matches are being held throughout the country including Natal in north-east Brazil.

Although the Olympics will be confined to Rio, the Games will offer a worldwide showcase for Brazil and its exceptional beauty just two years after the opportunities offered by the World Cup. Tourism in Brazil is, unsurprisingly, expected to soar.

Hosting world-class sporting events and boasting one of the strongest economies and one with an exceptional future, Brazil stands alone as the rising star in property investment in emerging markets. Why not go faster, higher and stronger with Brazil and invest in Brazilian real estate now?

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