One of the top areas to invest in 2010
Sunday, January 10, 2010
Brazilian property could be a great investment, after experts have predicted other countries investment prices continue to rise.
According to research from the Global Property Guide, house prices are set to increase in Switzerland, Norway, New Zealand, Portugal and Sweden, making Brazilian real estate more attractive to investors. In RP Data-Rismark's National Home Value Index, house prices in Australia increased by 11.3 per cent in the first 11 months of 2009, possibly forcing people to look towards looking investing in Brazilian property.
The current global economic crisis has had an effect on international property investment, with some areas either struggling or flourishing because of the strength of their currency. Property in Brazil could be one of the top areas to invest in over the coming years as it has one of the world's "healthiest economic growths".
The reports are backed up by Paul Fenelle, a regular visitor to Brazilian property for investment purposes, said that with tourist zones in the north east of the country improving in safety, the mounting market for holiday, residential and rental property could prove to be an "exceptional investment". The region’s stunning beaches, moderate tropical climate and cheap properties make it an excellent location for Brazilian real estate investment.
In related news, Building.co.uk has also commended on the country's investment potential, saying that the 2016 Olympics and the 2014 World Cup will make Brazilian property more attractive. The source added that the international competitions will "boost the country's already blossoming market", with the IMF predicting the GDP will grow by 2.5 per cent as a result.
Social BookmarkingAccording to research from the Global Property Guide, house prices are set to increase in Switzerland, Norway, New Zealand, Portugal and Sweden, making Brazilian real estate more attractive to investors. In RP Data-Rismark's National Home Value Index, house prices in Australia increased by 11.3 per cent in the first 11 months of 2009, possibly forcing people to look towards looking investing in Brazilian property.
The current global economic crisis has had an effect on international property investment, with some areas either struggling or flourishing because of the strength of their currency. Property in Brazil could be one of the top areas to invest in over the coming years as it has one of the world's "healthiest economic growths".
The reports are backed up by Paul Fenelle, a regular visitor to Brazilian property for investment purposes, said that with tourist zones in the north east of the country improving in safety, the mounting market for holiday, residential and rental property could prove to be an "exceptional investment". The region’s stunning beaches, moderate tropical climate and cheap properties make it an excellent location for Brazilian real estate investment.
In related news, Building.co.uk has also commended on the country's investment potential, saying that the 2016 Olympics and the 2014 World Cup will make Brazilian property more attractive. The source added that the international competitions will "boost the country's already blossoming market", with the IMF predicting the GDP will grow by 2.5 per cent as a result.
Labels: Investment-property, Market-Trends
