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Brazil property news: Country receives flattering Olympic report



Country:  Brazil

9 September 2009

Impressive transportation structure, sporting venues, and properties in Brazil, have earned the country a glowing report by the International Olympic Committee, which may boost the Brazil property market, reports UV10.

Brazil has been short listed to host the 2016 Olympic Games, along with Madrid, Chicago and Tokyo. If awarded the sporting event, property values in the country will undoubtedly rise, due to greater demand for property in Brazil, greater infrastructural improvement, a global TV exposure.
Carlos Nuzman, president of Rio's bid to bring the games to Brazil for the first time, was “very happy” with the report.

He added: “The commission's visit was a great success and this has been highlighted in its description of our documentation and presentations of ‘a very high quality'.

A vote to decide which country will host the games will be held in Copenhagen next month.

Brazil has already been awarded the rights to host the football World Cup in 2014.


See Also:   Brazil, Marc Da-Silva, Olympic Games


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