Sonhos do Mar, Natal city, very last villas from only £68,000 with completion in Q2, 2010
100m2, 3 bedroom villas, newly released on waterfront development with extensive facilities such as Ofuro Spa, tennis & volleyball courts, gym, football pitch and swimming pools in stylish gated community.
Highly desirable location for mid-high earning Brazilian families, optional 4 year rental guarantee.
Brazil Property News: Cash-rich buyers 'can get bargain Brazilian property'
10th June 2009 17:39
People wanting to buy Property in Brazil will find bargains if they are cash rich, one expert stated.
Mark O'Sullivan, director of trading at Currencies Direct, a payment technology solutions company, said last month the traditional buying property abroad season had begun, after people started travelling overseas during the Easter break.
He added that people who have cash in the bank and are opting not to take out a mortgage can find some good deals, for example, on Property in Brazil.
"There is no doubt that if you are have got cash at the moment then [in] the overseas property market, there are so many bargains to be had," he stated.
Mr O'Sullivan also suggested that property buyers who have money behind them can drive whatever bargain they like as each market has some distressed sellers, including the Brazilian Property sector.
He added that activity in the property buying sector has been busy and this is expected to continue into next month.
Mr O'Sullivan recently said that the Spanish mortgage market is not likely to return to its pre-recession state for up to two years, meaning Brazilian Property may be a more attractive option.
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How to invest in Brazilian property
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