Property and real estate prices in Brazil are rising significantly in the more desirable and established tourist hotspots, particularly in Bahia on the north east coast. Bahia boasts stunning beaches, warm weather and plenty of development projects. Rio and Sao Paulo are also tipped to be on the edge of a property boom thanks to a stable economy, low inflation, a good tourism history and businesses setting up hubs in both cities. Brazil is also predicted to be one of the economic leaders of the future along with India, Russia and China. Putting these factos together with a low terrorism risk, fantastic scenery, natural oil resources and low living costs, the area is a good bet for fantastic returns on investments. Read more... (489 words, estimated 1:57 mins reading time)
Brazil covers an area of eight and a half million square kilometres and is the fifth largest country in the World. With prices as low as £25,000 for a 2 bedroom detached villa, it isn’t surprising that many property investors are turning their attentions to Brazil for their next investment.
Economically speaking, Brazil is making progress with inflation standing at around 5%. Along with a favourable exchange rate, many businesses are starting to manufacture their goods in Brazil which is helping the economy. Tourism is also starting to pick up – flights from the UK to Brazil can be as little as £180 return, and the year-round good weather, low prices and friendly locals make it a growing tourist hotspot. Read more... (395 words, estimated 1:35 mins reading time)