Investors in foreign property ‘always need to do research’
Investors considering buying property in Brazil must do their research, according to one industry expert.
Online overseas property investment resource Amberlamb.com has warned potential investors in foreign property this month that investing abroad is never as simple as finding a location where there is "simply a gulf between demand and supply".
Rhiannon Williamson, director of Amberlamb.com, said: "Macro and micro economic factors have to be examined, [as do] the fundamentals supporting long-term demand and affordability."
She added that potential factors external to the nation that could impact on its economy also need to be taken into account, as well as domestic political factors.
"Anyone considering investing in property abroad has to do a significant amount of research into the short, medium and long-term viability of the market and their investment approach," she explained.
Since the emergence of the sub-prime crisis last year, overseas property investment interest has increased by 96 per cent in the 12 months leading up to January 2008, according to a new statistical report compiled by Obelisk from Google AdWords.
For more information on Brazil property investment and to find out about uv10’s latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
