Buying property in Brazil ‘the realisation of a dream’
Buying a property in Brazil could be the realisation of a dream for a lot of people, according to an industry expert.
Mark Bodega, director of currency specialists HiFX, said that as the Brazilian property will probably represent one of the greatest expenses in a person’s life, a number of things need to be taken into account.
"As part of the process, you will inevitably need to transfer a sterling sum," he said, adding that this vital element of the purchase can make a huge difference to the price that people will eventually have to pay for their dream home.
The expert told people interested in buying Brazilian property that specialist currency dealers will offer them a better rate of exchange than a bank, while also providing a more personalised service.
People who have invested in Brazilian property could see big profit opportunities, according to Samantha Gore, sales and marketing director of UV10, who said recently that a net profit of up to 23 per cent in just four months is possible in certain areas.
