Brazil Property Investment News

Brazil recommended to investors

Brazil recommended to investors

Overseas property investors from the UK have been advised to consider the Brazilian market.

The South American was praised by the BuyAssociation website as a country that offered both financial and lifestyle benefits.

Paul Collins, overseas property editor at the site, listed Brazil among his top ten tips for 2008, describing it as "a real investment opportunity".

He commented: "Many British investors are now looking to head out to find out what this part of South America has to offer."

Mr Collins added that although Brazil was the "new kid on the block" last year, it was now becoming more popular among property buyers.

Furthermore, he stated that a growing number of holidaymakers were arriving in the country from places such as the US, therefore creating opportunities to collect high rental returns.

According to official figures cited by the ANBA news agency, foreign tourists spent £2.3 billion in the country between January and November 2007.

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