Brazilian property proving to be ‘hotter than ever’
Brazilian real estate is going to be hot property in 2010, according to an industry expert.
Nick Marr, chief executive officer of HomesGoFast.com, said that people want to make sure that they "get in early" to Brazil, before the country hosts the World Cup in 2014 and the Olympic Games in 2016.
The South American country has been tipped ahead of France and the US as the place to invest next year.
"Brazil would be our number one place for investors and it is the place where we are generating most interest. The great thing about Brazil is that investors have good exit opportunities with local and overseas buyers to sell to when the time comes," he added.
Mr Marr also advised that people should look at properties in Natal, Bahia, Rio Grande do Norte and Ceara as the most favourable investment areas.
Last month PrimeLocation.com reported that the number of searches for international property has increased by 32 per cent in the past year.
