Italian carrier Meridiana is offering some great option from Milan either to Recife or Fortaleza in Brazil. (However Air Malta as a subsidiary of this carrier operates these flights). Very limited seats are available though. Round trip flights on said routes are now starting at just €385 per person. Based on two travellers. Single traveller would have to pay a little bit more..All charges and checked luggage are included.
Meridiana offer is valid for flights in travel period in May then from end of August till 28th of October 2017. You may check travel dates directly with the carrier. In general look for flights departing / arriving on Thursday.
Booking samples
Milan - Fortaleza from €385 (2 travellers)
Milan - Recife from €409 (2 travellers)
Consider another solution we have posted lately - direct flights from Milan to Cuba (Havana) are currently available from €406.
To book some affordable accommodation in Brazil you may use Booking.com or consider following promo codes that is offering Ebookers.
Booking sample of cheap direct flights from Italy to Brazil from €385 here. In this case you would depart from Milan to Recife on 14th of September. Your return flight from South America back to Europe would be on 28th of September 2017. Note that we have based this deal on 2 travellers as it is even slightly cheaper solution than purchasing single ticket.