Brazil Property News: Brazil's real estate market 'is hard to surpass'




13th February 2008 01:29


Brazil as a real estate market is "hard to surpass" according to one industry expert.

Property expert Jamie Strong made the claims when speaking to Nubricks.com during its recent podcast about the emerging property market in Brazil.

He added: "The one thing that will really help Brazil is when mortgages become available to foreigners. That will really open up the market."

Jamie also praised the range of properties available in Brazil for investors and the ease of purchasing a property in the Latin American nation.

Fellow property expert Felipe Cavalcante, president of The Association for the Real Estate and Tourism Development in north-east Brazil (Adit), also highlighted many of the nation's appealing features for potential investors.

He claimed that 97 per cent of international tourists that visit Brazil once return again and stressed the work that Adit is doing to build relationships with businesses in the area.

It also provides a "one-stop-shop" for foreign investors, who can buy properties at a "fraction of the price" in Brazil.

According to Felipe capital appreciation on properties in the north-east of Brazil is expected to pick up by 30 per cent.

The Brazilian institute of tourism, Embratur, reports that tourism in the nation is growing at a rate of 7.2 per cent.

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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