Brazilian property market ‘in top five for investment’
The Brazilian property market has been named as one of the top five areas for investment by an industry commentator.
Real estate portal Propertyabroad.com names Rio de Janeiro and Natal in the north-east as two of the best cities in the world for buying a home.
The website refers to the predictions that the South American nation will become the fifth largest economy in the world in the next ten years, with Brazil real estate values set to follow suit.
"Natal property has incredible potential for growth and like Rio de Janeiro this is not dependant on what type of property you buy," the site says.
It adds that Brazil real estate prices currently stand at a fraction of the cost of accommodation in cities such as London and Paris.
Meanwhile, Samantha Gore, sales and marketing director at Brazilian property specialist uv10.com, has said that recent economic figures have created optimism about the country’s financial stability.
