Good time for emerging markets, says expert
Those looking at property for sale in Brazil could be encouraged to hear that one expert has recommended investors look at emerging markets.
In a move that could boost Brazilian property, ShelterOffshore revealed that now is a good time for anyone considering investing in an emerging market, such as Brazil.
Rhiannon Davies, director of the expatriate advice website, said: "Consider investment if you like the thought of entering an emerging market and having access to the potential profits and returns it may offer."
Meanwhile, it was reported last week by nubricks.com that the South American country is tipped as one of the summer’s top holiday destinations, which could have a positive effect on Brazil real estate.
It was reported last month by Bloomberg that property in Brazil will continue to boom despite an interest rate rise.
Gafisa revealed Brazilian property will not be dampened by the Central Bank’s first interest rise in three years.
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