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Brazil is an exotic place to invest
29 February 2008
Brazil is an "exotic" place to invest
Brazil has been named as a "more exotic" place to invest than mainland Europe, by one property expert.
Foreignpropertybuyer.com suggested that the South American nation is "worth a look" as it has the "physical space" and "good resources" needed to sustain growth in the real estate investment market - making it an attractive option for would-be investors.
The website added that land and therefore property prices in the country are set to increase in the near future due to the massive interest in biofuels.
It continued to state that property prices in areas such as Natal have been known to rise by 25 per cent per annum.
Meanwhile, a recent article in Finance Daily labelled Brazil a "tourist hotspot", adding that the nation's "staggering beauty" attracts people from all over the globe.
It quoted Danielle Murphy, account manager for Resort Group international, as saying that now is a excellent time to invest in Brazil especially in the north and north-east regions where prices are extremely low.
KJ Elsdon
Dream Homes Worldwide - the number one spot for Property Investment in Brazil
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