Brazil and adventurous markets offering ‘good capital growth’
New property markets, in particular Brazil, are offering investors greater prospects, according to a market expert.
Hetal Shah, director of investment services firm Investors Provident, explained that as established markets, such as Spain and France, will remain popular, but investors searching for greater returns are looking further afield.
He said: "I think with the established markets, it’s never going to really die down. Even with the recent scare in the Spanish property market, I don’t think it’s really died down to that degree."
He added that capital growth in these destinations will be slow, compared with other destinations, but firm.
He said: "In tried and tested markets, I don’t think you can go wrong…You’ve got the security, you’ve got guaranteed capital growth; although it’s going to be slow. It’s not going to be as high as what you’d find in somewhere like…India, or Brazil, Morocco, Egypt.
"We’re finding that Morocco, Egypt and Brazil seem to be the highlights of the day at the moment…People are being quite adventurous in that respect. And capital growth is really, really good in these locations. You’re looking at anywhere between ten, fifteen per cent a year."
Mr Shah added: "The spirit of adventure, we’re starting to see it kick in, and more and more people are willing to take that risk.
