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Increasing number of people is looking for Brazilian property online

Tuesday, April 14, 2009

Increasing number of people is searching for Brazilian property online as the Brazilian market is offering some outstanding opportunities for investment.

According to Homesoverseas.co.uk research, the South American nation is the tenth most enquired about location on its website and has moved up from 15th position in the previous survey, based on country page and property views. Homes Overseas Magazine, the top Overseas Property magazine in the UK has reported that Brazil is in third place in the Top 10 Locations for Overseas Property Investment.

However, research from Doing business indicates that standards vary significantly across the country when it comes to commercial activities like setting up business, construction, protecting investors etc, there are a number of government and private organizations, that are facilitating overseas companies to overcome the language and cultural barriers. Brazilian Government investment in infrastructure coupled with low property prices, relatively low cost of living and an exotic climate have put Brazil on the radar of international agents and investors.

The Jan/Feb 2009 issue of Homes Overseas Magazine also states that good yields are available for investors in Brazil property, but buyers need to choose their locations carefully. Property in Rio de Janeiro at between 7.5 and 9.6 per cent, property in Sao Paolo at between 4 and 9.6 per cent, Fortaleza property offers up to seven percent, property in Bahia and Brasilia, with smaller units generally offering better returns.

In related news, Emirates Business 24/7 reports that Brazil is among ten real estate "hotspots" that still offer a good investment opportunity and has "considerable untapped potential" for those looking to spend their money on bricks and mortar.

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posted by EstatesNewz, 11:14 PM

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