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Brazil Property News: 'Huge potential' for Brazilian property market
22nd November 2007 02:38
Brazil's property market has been described as "not [yet] at its peak", creating huge potential for early bird property investors to make large profits.
Samantha Gore, who is sales and marketing director of Brazilian-specialist agents uv10, says that there is plenty of growth to be seen before the biggest economy in Latin America hosts the World Cup in 2014.
"Major global sporting events automatically improve local transport links and facilities and also serve to showcase the country's best assets to millions of viewers. We can only imagine the effect the World Cup will have on Brazil," she said.
"In areas such as Pipa, just south of Natal in the north-eastern state of Rio Grande do Norte, prices are already storming on up at 20 to 30 per cent annum and as it's a favourite resort with wealthy Brazilians, finding rental accommodation is a challenge," she added.
Brazil was named by Goldman Sachs as one of the BRIC (Brazil, Russia, India and China) economies, which it tipped to collectively overtake the G7 economies by 2050.
Hosting the World Cup 2014 is estimated to bring in over half a million visitors, providing a boost for Brazilian hotels and property rentals throughout the country.
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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