Sao Paulo considered a good investment option

Sao Paulo, the largest city in Brazil, good enough to become a country, is also ranked as one among the largest 50 in the world. The property market in Brazil is the main gearing force behind its foreign investment.

According to a report conducted by the Federation of Commerce in the State of Sao Paulo, honoring the rating of the city as the largest in South America, the report outlines the importance of the city of Sao Paulo throughout the world.

The Economic Advisor at Fecomercio, Julia Zimenes, said, "It is necessary to consider the difference between the countries. When a city with 11 million inhabitants in a developing country, is compared to a small country such as New Zealand, with smaller population (4 million) it appears more difficult. However, it is really to show the splendor of the city.

Making use of the GDP in dollars is a way of providing this grandeur empirically."

Brazil has evolved as a new real estate market for investors, and Sao Paulo, was not left behind. All through the region, there is a huge growth in value terms, except for the tourist market here. Beachfront properties remain in high demand, but on the housing markets in cities like Sao Paulo are still appreciated by foreign investors.