The shift up from junk bond status to investment grade will encourage more investors into the Brazilian credit market and allow the government to raise finances on much more competitive terms. With greater economic prosperity comes an improved property market and the potential for capital growth.

Flamingo Lakes is as close as you can come to the ultimate luxury development. Situated on the Flamingo coast in the Yucatan region of Mexico, Flamingo lakes has everything you could possibly ask for at affordable prices.

Uruguay property is new on the European property radar for 2008. This south american market has 3 main property investment locations Montevideo, Colonia and Punta del Este.

Estancia Catalina is a unique investment in Argentina. A country estate this rural property is being developed to build boutique hotel style properties on land plots to offer premium accommodation. Prices start from £75,000 per 10,000m2 plot.