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Brazil Property News: First-time buyers are 'investing abroad'
14th February 2008 09:45
It is becoming increasingly popular for first-time British buyers to make their first purchase abroad.
According to BuyAssociation, a property website that offers impartial overseas property advice, as it is becoming harder to get onto the UK property ladder first-time buyers are looking towards more lucrative markets, such as Brazil.
Paul Collins, property editor for BuyAssociation, said: "Prices [abroad] are lower and, in some countries…it's a lot easier to actually get on the housing ladder.
"Some of the markets are growing quickly so you can make a good deal of equity fairly quickly in these markets and hopefully that will help [to buy] property higher up the ladder in the UK."
A study published by UK National Savings and Investments found that 84 per cent of 18 to 30-year-olds believe buying property abroad is a more viable option than buying in Britain.
Over the past five years, property prices in Brazil have increased by 20 per cent, and in 2006 they exceeded this in some areas of the north east.
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, Pipa and Bahía
- 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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