Article: Buyers bid up beachfront sites in Brazil's northeast Commodities boom feeds appeal of Recife despite its poverty and crime

Nick Foster International Herald Tribune
International Herald Tribune
06-26-2009
Buyers bid up beachfront sites in Brazil's northeast Commodities boom feeds appeal of Recife despite its poverty and crime
Byline: Nick Foster International Herald Tribune
Edition: 1
Section: FINANCE/BUSINESS

RECIFE, Brazil: --

Luca Sinesi, 36, came here for the first time in 2003, with no idea that this beach-fringed port city would become his permanent home.

"I left the city in 2005, but I missed it so much I was back within six months," said Mr. Sinesi, an Italian who is now Brazil field director for the British charity International Service. "Recife has a way of …

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