Brazil’s property has never been better to buy
There has never been a better time to buy property in Brazil, said one investment advisor.
IN2 property investors said that with the property market in traditional second home hotspots like Spain facing uncertainties, investors should look at property in Brazil.
A company statement said that new and experienced investors could benefit from the country’s booming visitor numbers, with tourist expenditure reaching an astonishing £5 billion last year – up more than 14 per cent from 2006.
"Brazil is a hot pick for those looking to inject sun and samba to their property portfolio.
"With rental yields of four to six percent and house price increases of as much as 20 percent in some areas last year, Brazilian property offers a great opportunity to see the kind of return on investment there was in the Spanish market 20 years ago."
Meanwhile, a survey published last month showed that two Brazilian locations featured in the top ten most looked at on TheMoveChannel’s website.
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