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One of Brazil's fastest-selling resorts, the final 2 bedroom residences are now available through uv10, priced from £188,000.
21st January 2008 11:52
Rental potential can be converted into a "financial reality" in Brazil, according to industry experts.
An increasing number of Brits are choosing to take advantage of the potential that the Latin American country holds after being priced out of the UK property market.
Yorkshire Bank estimates that 800,000 Brits now own properties in Brazil while Barclays Bank puts the figure closer to 2.2 million, demonstrating the scale of the phenomenon.
Samantha Gore, head of sales and marketing for property agent uv10, said: "The wise investor will opt for an overseas property investment where tenants and headaches are handled by a rental management company.
"In north-east Brazil we have several such developments on offer and with year-round sunshine and no real 'off' season demand for rental accommodation is growing fast."
She added that the way to achieve high rentals would be to pitch developments to the bigger tour operators whilst Brazil's enormous domestic market will also back-up the investment as most Brazilians holiday in their home country.
The affordability of staff costs in Brazil was also highlighted as a huge advantage, allowing property owners to earn a "considerable" revenue share.
Jacuma Beach Resort just to the north of Natal, the capital of the Rio Grande do Norte state, was tipped as a good investment location.
There are beachfront developments at the resort and developers anticipate a net rental income for owners of around nine per cent per year.
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
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:
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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