Foreign investors are becoming increasingly interested in the Brazilian property market after the weakening of the country’s currency has led to drops in real estate prices; assets are estimated to be up to 40% cheaper than a year ago. The government is also trying to boost its domestic economy, which grew by just 1% last year, and it recently announced plans for an infrastructure investment program that will include projects such as high-speed rail lines connecting major
Foreign investors are becoming increasingly interested in the Brazilian property market after the weakening of the country’s currency has led to drops in real estate prices; assets are estimated to be up to 40% cheaper than a year ago. Asian investors are reported to be particularly keen on Brazilian investment after China’s economic slowdown has led to a decrease of investor confidence throughout Asia.