International Golf & Resort Management (IGRM) has appointed Michael Nagy as Managing Director of the company’s newly-formed Brazilian subsidiary. South African born Nagy, who boasts an impressive career in both the hotel and golf industries, is perfectly placed to guide the company’s expansion in Brazil during one of the most exciting times in its sporting history.

Natal in Brazil’s north east has just been given the honour from football’s ruling body FIFA to become a host city for the 2014 World Cup. Already a favourite with property investors, this coastal paradise will now be showcased on TV sets across the globe.

With the footballing calender over for another season, international fixtures are underway looking forward next years World Cup in South Africa. International sporting events are widely recognised as a driving force behind all kinds of investment, particularly infrastructure and property.

When most people think Brazil, they think beaches, sunshine and football, but lately the country has been turning investors’ – and property investment writers’ – heads for a range of other reasons, and not all of them are connected with the country’s traditional image.