Currencies Direct (www.currenciesdirect.com), a British foreign exchange company, recently listed Brazil as the ninth most popular investment spot for British overseas property purchases. Mark O’Sullivan, head of trading at Currencies Direct, notes that Brazil’s “tropical climate, dramatic scenery, upbeat culture and potential annual occupancy rates of about 30 weeks, present plenty of reasons to buy property in Brazil.”
Brazil has abundant land resources, the largest economy in Central and South America and a large labor force. It has almost anything an international investor could want, from spectacular beachfront property to acres of land inland for farming or ranching. The economy is diversified and is on the upswing.Brazil is quickly becoming a very popular place for international real estate investors to purchase property. The climate, culture, low prices and some of the best beaches in the world are attracting overseas investors looking for a great deal, vacation home, rental property or a place to retire. A recent report indicates that Brazil is now in the top ten markets for British investors buying overseas property.
I think even real estate investments in South Asia picking up.
We put some trends on our blog at http://realestatetimes.in/. Do comment.
Posted by: India Realtor | May 09, 2007 at 01:53 PM
I agree, overseas property investors have come to realize that Brazil is a great place to dip your toe in international real estate investing. There are countless reasons to buy Brazil property: with over 7000 kilometers of beautiful coastline, the country is South America's leading economic power and continues to pursue industrial and agricultural growth that is creating a steady increase in the standard of living throughout Brazil. Investment property in the country couldn’t be more attractive right now.
Posted by: Brazil property | September 12, 2007 at 10:07 AM