Brazilian property market ‘goes green’
The Brazilian property market is beginning to implement green homes features while the Spanish and Italian markets face tough times, it has been reported.
New Energy Savings Trust research has found more than half (53 per cent) of households are willing to pay extra for greener home features in order to enjoy better energy-efficiency levels, according to nubricks.com.
Chintan Mahida, a property expert, told the website the research will not only have an impact on the UK but also the Brazilian real estate market too.
"Having a green overseas property should set you apart from other sellers especially as rising fuel costs are resulting in a larger carbon footprint," he added.
Meanwhile, it was claimed by one independent financial advisor earlier in the month that real estate investors considering property for sale in Brazil could benefit from seeking advice through a local solicitor when buying.
Alex Pegley, of property expert Calcius , claims it is always a good idea to be fully prepared for financial changes when buying abroad.
