According to Overseas Property Professional (OPP), Clive Hawkes, a spokesperson for Brazilian property company Bond International, said that demand is set to remain strong in the South American country. He said that Brazil’s very big market for internal tourism and growing local demand for property will help it compete as an investment destination.
He commented: "When we reach this equilibrium, Brazil will probably be so in people's minds that it will still be a favourite because of its tourism potential."
The source also claimed that buyers have spent more than £30 million on Brazilian properties over the course of the last year with Investors are looking to capitalize on the country's well-priced real estate and potential for future growth.
Furthermore, new research, conducted by STR Global, has found Brazil is experiencing resurgence in interest from British travelers, compared to last year. Besides, Laura Rendell-Dunn, marketing manager at Journey Latin America, claimed that the low cost of making the trip is proving to be a draw for many.
She commented: "There are so many airlines flying to Brazil it's so easily accessible now and, because so many airlines are flying there, that brings down the cost of the ticket."
She commented: "There are so many airlines flying to Brazil it's so easily accessible now and, because so many airlines are flying there, that brings down the cost of the ticket."
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