Brazil most popular among investors in June
Wednesday, July 22, 2009
Brazilian property is the most popular among investors as increasing numbers of Brits look to put their cash in bricks and mortar, according to a media outlet.
Homesgofast.com tracked the level of interest in real estate and countries based on both the number of visitors as well as the actual buyer enquiries and have reported that it has seen demand for accommodation in the country beat all of the 70 other regions in which the website operates.
Nicholas Marr, chief executive of the portal confirmed that Brazilian property section has been the number one place for thousands of visitors each day. Poor returns on savings and insecurity about stocks and shares are perhaps leading people to consider Brazil real estate as an alternative investment vehicle.
He commented: "It seems low prices, good infrastructure and some good packaging by developers is making the region irresistible."
According to a report from local news agency Estado, cited by Dow Jones newswires that the there was a 75 per cent rise in the number of people looking to finance buying a property in Brazil during the first half of 2009 which signifies a huge rise in demand for mortgage credit as more people look to take their first step onto the Brazilian property ladder.
In related news, Brazilian property has come third in a list of the most searched-for real estate markets in the MoveChannel.com's June Investment Property Watch report, demonstrating the continuing popularity of the country. According to the website, the World Cup "kicked off new interest in its property sector".
Social BookmarkingHomesgofast.com tracked the level of interest in real estate and countries based on both the number of visitors as well as the actual buyer enquiries and have reported that it has seen demand for accommodation in the country beat all of the 70 other regions in which the website operates.
Nicholas Marr, chief executive of the portal confirmed that Brazilian property section has been the number one place for thousands of visitors each day. Poor returns on savings and insecurity about stocks and shares are perhaps leading people to consider Brazil real estate as an alternative investment vehicle.
He commented: "It seems low prices, good infrastructure and some good packaging by developers is making the region irresistible."
According to a report from local news agency Estado, cited by Dow Jones newswires that the there was a 75 per cent rise in the number of people looking to finance buying a property in Brazil during the first half of 2009 which signifies a huge rise in demand for mortgage credit as more people look to take their first step onto the Brazilian property ladder.
In related news, Brazilian property has come third in a list of the most searched-for real estate markets in the MoveChannel.com's June Investment Property Watch report, demonstrating the continuing popularity of the country. According to the website, the World Cup "kicked off new interest in its property sector".
Labels: British, Investment-property
