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In the past decade, Brazil has transformed itself into one of the most attractive countries to invest in amongst international property buyers much thanks to improved stability in its economy and real estate boom. According to data as at 11 October 2016, the World Bank has ranked Brazil’s economy as the ninth largest in the world.

In the decade between 2004 and 2014, even during temporary downturns, Brazil reported a ten-year GDP growth of 3.6 percent, far ahead of the 2.8 percent in the preceding decade (1993 to 2003), a reflection of the economy’s resilience. In addition, the number of middle and upper class has at least doubled between 1993 and 2014.

Brazil has been ranked 20th globally as the fastest growing housing market in the world on the back of a large housing deficit and an increasing demand for high quality market, with house price index standing at 305.5, outperforming all other countries between Q1 2008 to Q2 2015.