Spotlight on Brazil: Minas Gerais

This month, the world’s eyes turn to Brazil, as it hosts the 2016 Summer Olympics. But there is more to Brazil than just Rio de Janeiro. And so, in honour of the Rio games, TheMoveChannel.com is having its own marathon – a month-long tour of Brazil’s lesser known property hotspots.

This week, it’s Minas Gerais in the spotlight. After Sao Paolo, this region is the most economically prosperous region in Brazil. Thanks to its international airport, investors can easily come here to scope out the latest opportunities and enjoy many of the cultural highlights, such as music and architecture, which Minas Gerais is well known for.

The landscape is made up of lush, green vistas with impressive mountain ranges, which contain some of Brazil’s highest peaks and dominate the skyline. Once an important source of precious metals and gems in the 16th and 17th century, Minas Gerais is now the source of two equally important resources for Brazil: coffee and milk. Property here tends to take on the form of stylish, modern, country villas, which would be great holiday homes or buy-to-let investments, thanks to their picturesque locations and spacious designs.

Governador Valadares, home to Pirapama, is the 11th most searched-for location on TheMoveChannel.com. With enquiries traditionally dominated by destinations such as Rio de Janeiro and Rio Grande do Norte, investors appear to be increasingly turning to the area as an untapped hotspot.

1. Pirapama, Governador Valadares

Asking Price: £293,913
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2. Paiva, Minas Gerais

Asking Price: £859,699

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3. Paiva, Minas Gerais

Asking Price: £857,246
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4. Paiva, Minas Gerais

Asking Price: £857,246

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5. Paiva, Minas Gerais

Asking Price: £1,224,638

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6. Paiva, Minas Gerais

Asking Price: £1,592,029
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