Booming Economy of Brazil appears attractive to real estate investors

British Foreign and Commonwealth Office voiced that the Brazilian economy is the tenth largest in the world, with 'Real' as its currency. The gross domestic product of Brazil is R$ 2322 billion last year. The annual growth rate was 3.72% in 2007, with the rate of inflation averaging at nearly 3.1%, making the nation more economically stable and developing in a sustainable way.

The Economy of Brazil is strongly geared by industries such as mining, agriculture, petrochemicals, wood products, electronics, tourism and its trading partners on the worldwide front include major players such as the UK, America, France, China, Japan, Germany and Argentina. The strong and increasing economy and overall accepted economic stability in the global market, further ensures that the market remains an attractive option to property investors seeking long term commitment.