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Brazil Property News: Brazil: 'huge economic growth and low property prices'
11th January 2008 04:31
Brazil has been named by leading financial service HiFX as one of the favourite emerging markets for property investors in 2008.
Experts at HiFX said that the Latin American country would be a lucrative choice as despite the "huge economic growth" currently underway in the nation property prices there still remain low.
In its second Annual Global Property Hot Spots roundup HiFX found that investors in developed economy markets are "increasingly turning their attention away from the traditional markets like Spain" in favour of the emerging markets, such as Brazil.
Mark Bodega, director at HiFX, said: "It's easy to see why investors in particular are turning their backs on Spain and examining new markets at an earlier stage in their growth cycle."
He highlighted that in August 2007 the national median price for property sold to overseas buyers in Spain was approximately €250,000 (£188,780) whereas in other emerging markets the average price was closer to €60,000 (£45,311).
"Overall, [Spain's] lead is closing as the investor population continues to turn its attention to emerging markets in 2008," added Mr Bodega.
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
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place for property investment
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal and Pipa
- Brazil buyers guide
- More about uv10, your dedicated Brazil property specialist
- See what the press say about uv10 and Brazil property
- The latest and hottest property in Brazil
- Archive of the uv10 newsletters
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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