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Domestic demand 'creates investment opportunity'

Property buyers have been advised to consider domestic demand when investing in another country.

According to Amberlamb, countries such as Brazil are currently experiencing a housing deficit, as demand is outstripping the available level of supply.

Therefore, it has suggested that overseas property investors "cash in" by snapping up an affordable investment property in Brazil.

This would allow them to offer rented accommodation to local people and benefit from ongoing capital appreciation.

Amberlamb commented: "Brazil is a nation of massive opportunity - there are no two ways about it."

The organisation added that capitalising on local demand would be a viable alternative to marketing a property towards foreign leisure travellers.

Prospective buyers were urged to consider current and future demand in Brazil, as well as which areas are likely to offer the best chance of creating long-term success.

Accorded to NuBricks.com, the country is continuing to perform strongly despite the global economic slowdown and rising oil costs.

The online portal recently said the "party" is still carrying on in Brazil, as its gross domestic product has been tipped to go up by 4.8 per cent this year.

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