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Olympic Growth Expected For Brazil's Real Estate Market

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Olympic Growth Expected For Brazil's Real Estate Market

The recent news that Brazil is to host the 2016 Olympic Games in Rio de Janeiro extends as not only fantastic opportunities for the country in the sectors of economy, tourism, infrastructure and sporting awareness, yet also foreign investment.

Brazil won the victory to host the Olympics against Chicago, Madrid and Tokyo, all located in countries that have hosted the games in the past. Following three previous attempts to become a host country, Brazil has finally won. Especially beneficial to Brazil is the Olympic bid win following the FIFA World Cup host position. The two highly important sporting events will be held within two years of each other, creating a wealth of growth opportunities throughout the country.

Having been positioned as one of the world's largest economies for several years, predictions on economic growth for 2010 has began to soar following the Olympic hosting announcement. Even the Sao Paolo stock exchange has seen impressive growth in the days immediately following the announcement, especially in companies relating to tourism and infrastructure.

The growth of Brazil's economy will assist with continued strength in the country's real estate market. These increases are beneficial to investors for strong and steady capital appreciation potential.

Tourism clearly receives immediate benefits from the sporting events, set to increase considerably during the lead up. Accommodation and transport are being buy madden coins upgraded to cope with the demands of mass tourism from hosting major worldwide sporting events. The benefits mut coins of renewed interest in the region madden coins and continued mass market opportunities will assist buy-to-let investors, along with improving exit strategies to early investors.

Renovations and upgrading of airports around the country are being planned, along with new transport networks such as the high speed trains between Rio de Janeiro and Sao Paolo. Modern infrastructure developments have so far only been carried out in the north-east, where recent interest in tourism and real estate investments have been attracting strong influxes of European and North American investors.

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