Brazilian property in Pipa ‘offers fantastic yields’
Brazilian property in Pipa Beach has fantastic rental yields, with one-bedroom apartments potentially commanding up to 200 reais (£62.70) a day in high season, according to research.
The north-eastern town has reported that two-bedroom flats can bring in 300 reais a day between December and March and from July to August.
Samantha Gore, head of sales and marketing at Brazilian property specialist uv10.com, says that Pipa "conforms to the old investment adage", with demand outweighing supply at the moment.
"With the local authorities being so protective of their rich natural environment very few build licenses are dished out in this area and ‘Pipa Beach’ is one of a select, fortunate few," she explains.
Brazilian property investors can still get their hands on one of six apartments in the area following the acquisition of a site once occupied by a tumbledown villa, Ms Gore adds.
Meanwhile, Liam Bailey, reporting for Write About Property, has insisted that the Brazilian property market remains as good an investment opportunity as it was a year ago.
