Brazilian property ‘to show’ growth
Property in Brazil is likely to experience economic growth this year, according to a property advisor.
Nubricks has revealed that it believes that property in Brazil will bring growth of 4.8 per cent for investors.
The website commented said "Brazil is very much an overseas property hotspot of untapped potential, a country which continues to register on the radar."
Meanwhile, people considering buying property in Brazil could also be interested to hear that a leading investment funds firm said last week that the Latin American nation offers "strong earnings growth".
F&C assets management also revealed that emerging markets were outpacing the US as the "driver of global growth".
Jeff Chowdhry, head of emerging equities at the firm, said: "We are very positive on Brazil where we find good valuations and strong earnings growth."
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