And such growth is set to continue, with the nation’s economy predicted to become the fifth biggest on the planet by 2035. Such figures bode well for investors and, when coupled with the fact that rental yields in tourist destinations range from between six and 12 per cent, Brazil looks like a sure bet.

However, many investors are choosing Brazil for potential capital growth. Some areas of North Eastern Brazil, especially around Bahia, are currently attracting as much as 20 per cent annual capital appreciation – and other areas are expected to rise at a healthy rate too.

The popular carnival city of Rio de Janeiro boasts 45 miles of white beaches – including Copacabana – meaning that it is popular for sure-fire tourist lets. Meanwhile, Sao Paolo is the government and financial centre of the country and, at an 11-hour flight from the UK, promises good business lettings.
However the best potential seems to lie in the northern beach resorts. The natural beauty of these areas have been complimented by a range of high-quality developments and inward investment, meaning that capital growth is on the up. But a purchase here isn’t all about money – some of the purest water and cleanest air in the continent has been found here, while the city of Natal boasts the highest quality of life (and the lowest crime rate) in the nation.
However it is the resort of Bahia which is attracting the most attention from UK buyers. Glorious beaches and an excellent climate, compliment good value for money – a mix which many purchasers believe will pay dividends in the long run.