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Foreign Investors Look to Brazil for Bargains in the Housing Market

By Georgia Grimond, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – As Brazil is rocked by political uncertainty and alarmed by a shrinking economy, canny investors are turning to the country’s real-estate market in search of a bargain. Companies are keen to identify “stranded” properties from a surplus of stock and secure large discounts on them. By buying at a low in the country’s economic cycle investors hope to make a return on their purchases when the economy picks up in the future.

Ahead of a conference on April 12th, hosted by newspaper O Estado de S . . .

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