Property Company Urges Investors To Go Brazilian

With the property market in traditional second home hotspots like Spain facing an uncertain future, there’s never been a better time to go Brazilian according to investment advisors, IN2 property investment.
 
April 17, 2008 - PRLog -- New and experienced investors in overseas properties alike can benefit from a country that is currently receiving a boom in visitor numbers with a tourist expenditure reaching an astonishing £5 billion in 2007. That’s a 14.76% increase on the previous year.  

IN2 property investments, specialists in overseas property investments, say Brazil is a hot pick for those looking to inject sun and samba to their property portfolio. “With rental yields of 4-6% and house price increases of as much as 20% in some areas last year, Brazilian property offers a great opportunity to see the kind of return on investment there was in the Spanish market 20 years ago. Whether you’re looking for your dream second home or are a seasoned investor, Brazil offers some amazing finds. Properties here cost 70% of those in similar European resorts so you won’t even need to break the bank to do it.”

If you’re still not convinced, then Goldman Sachs is also tipping Brazil for big things. In fact, the sultry South American country is fast developing an impressive fan base. The investment bank believes Brazil is on course to be the 5th largest economy in the world by 2050. Not bad for a nation plagued by 40-years of financial instability. A host of policies have been put in place to ensure the fast growing economy continues to thrive, which makes buying property in Brazil ever more appealing. These are wide ranging, from a measure to limit government borrowing to fewer restrictions on foreign investment.

Tourism in Brazil has always traditionally centred round the larger cities in the south and southeast, predominantly Rio de Janiero and Sao Paolo, because of their well-publicised attractions, international airports and plethora of places to eat, drink and sleep. However, IN2 property investments is urging savvy investors to look a little further a field to an idyllic spot in the northeast of the country.

The beautiful enclave of Natal has been the subject of a National Tourism Plan to promote the area worldwide, making now an excellent time to invest.  With an increase in direct flights from most European destinations, as well as the construction of Natal airport, due to be opened in 2010 and the largest airport in South America, the northeast of Brazil has started to make its mark as a must-see destination. Not only is this region popular with foreigners, but is the destination of choice for Brazilians themselves. That makes Natal a good bet for property investors with a steady supplier of residential and external tourism.

Of its massive 180million strong population, 1.7million Brazilians visit Natal each year. Easily one of the most up and coming cities in the northeast, 90% of the overall rental market is sourced from the home market. It is particularly seeing a surge in the high-end tourist market from the rising band of affluent Brazilians emerging because of an increase in real wages.

As experts in overseas property investment, the professionals at IN2 property investments use their years of experience and detailed knowledge to tailor advice that is right for you, from first-time investors through to full-scale developers. For more information on investing in Brazil or for worldwide advice go to www.in2propertyinvestments.com

Editor’s Note: IN2 Property Investments is represented by online advertising consultancy, Top Position. Please direct all press queries to Rebecca Appleton. Email: Rebecca@topposition.co.uk or call: 0800 094 9001.

Website: www.in2propertyinvestments.com
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