Greater Michigan Realty

Brazil has numerous natural resources and because of favourable agricultural climate and massive areas of rich fertile agricultural land; it is a world leader in the production and trade of many important commodities such as ethanol, coffee, soybeans, oranges and sugarcane.

There are a growing number of investors looking for land for sale in Brazil for both agricultural as well as tourist resorts and residential property development.

The recent sharp increase in commodity prices and the integration of China, a major buyer of commodities, into the world economy have provided a further boost to the economy of Brazil and balance of trade.

Analysing long term growth, a Goldman Sachs study predicted that Brazil will be one of the top five economies in the world by 2050 and Deutsche Bank confirmed that on the long run the demographics of Brazil favour strong economic growth because of the predicted increase in the Brazil population that is in full time employment.

Fabio Kanczuk, professor of economics at the Universidade de S