The World Cup will be held in the country in 2014 and the Olympic Games in 2016 and "experience from around the world tends to show that, on the whole, big tournaments have a positive impact on property prices", chief executive officer of the Association of International Property Professionals Mark Sharp declared.
He said there is no guarantee this will happen in Brazil but pointed out the London 2012 Games have pushed up house prices in the boroughs nearest to the event's venues by 28 per cent.
After the Olympics occur in Brazil, it should be one of the world's top five economies in terms of size, BuyAssociation.co.uk editor Paul Collins recently predicted.
Currently, this country is "enjoying a growing economy" and rising numbers of middle class Brazilians are buying new houses for the first time, Mr Sharp stated.
Furthermore, the infrastructure in the nation is improving, with Rio's international airport recently opening a second terminal, he declared.
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