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Brazil chases Olympic success
Country: Brazil
27 August 2008
Most Brazilian property owners will be delighted to hear that Brazil wants to launch a bid to host the Olympic Games in 2016.
Brazil is keen to boost its fast growing economy and sees the Olympic Games as a catalyst to do this. The country has already secured the FIFA World Cup in 2014 and has spent billions of pounds on infrastructure improvements, making Brazil a major attraction, which is why a growing number of property investors are attracted to property for sale in Brazil.
Brazil’s President, Lula da Silva, said that the South American nation would be a suitable host.
He commented: “Rio de Janeiro has all the right conditions to win this bid even if it is in competition with cities such as Tokyo, Chicago and Madrid.
“We have learned from the Chinese about the event's organisation.”
President Lula told the IOC President Jacques Rogge to “think about Brazil between now and 2016, with an economy growing strongly, with the poor gaining access to the middle class, with improved infrastructure and more security.”
“I told him the Olympic Games were not created to take place only in rich countries and that Brazil is much better prepared than numerous other countries to host the Games.
“The Pan-American Games of July 2007 had been a real success and the country's hosting of the World Cup in 2014 would act as an ideal preparation for the Olympic Games two years later,” President Lula added.
A final decision over the nation selected to host the Olympic Games in 2016 will be made at an IOC meeting in Copenhagen on October 2, 2009.
See Also: Brazil, Olympic Games
Some properties in Brazil
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Type: Apartment
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The Spring of 2010 will see a World Class Resort launched in the worlds largest and most exciting emerging market, Brazil.
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Price: £32,268
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Type: Apartment
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The Spring of 2010 will see a World Class Resort launched in the worlds largest and most exciting emerging market, Brazil.
We would like to introduce the ambitious, and long awaited, Pipa Natureza.
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View details | Enquire further
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Price: £32,590
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Type: Apartment
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Bedrooms: 1
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The Spring of 2010 will see a World Class Resort launched in the world's largest and most exciting emerging market Brazil.
We would like to introduce the ambitious, and long awaited, Pipa Natureza.
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View details | Enquire further
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Price: £38,000
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Type: Apartment
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Bedrooms: 3
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Minha Vida, Minha Casa (My Home, My Life) is the largest housing program the world has ever seen with the Brazilian government committing over R$ 34 billion to build more than 1 million homes. The waiting list already exceeds 1,300,000.
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"There is no argument - emerging markets win hands down." Emerging markets such as Brazil are "the future and where the future growth in profits and earnings will come from." [Property guru and billionaire, Sam Zell]220
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Price: £39,440
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Type: Apartment
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The spring of 2010 will see a World Class Resort launched on the open market.
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Price: £39,440
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"One local expert projects Brazilian property prices could appreciate by up to 200% over the next decade"
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