Now is the time to buy that property in Brazil

Brazilian real estate market

There couldn’t be a better time to invest in property in Brazil –
tourism is up by 20% over the past eight years and is set to double over the
next few.  The property market has seen
price increases of 20% or more each year recently and there is continuing undersupply
in the Brazilian property market meaning that shrewd investors in real estate
there will have two potential markets for their properties – domestic and
international.

The anticipated increase in visitors and tourists to the
country is expected to result in huge demand for resorts, holiday homes and
villas.  The country boasts over 7,000km
of sandy beaches and activities ranging from ornithology to turtle watching
meaning everyone can find something that suits them. And then there’s carnival
time, of course.

With prices low enough for investors to get a beachside
property for as little as $40,000 and the government pumping more money into
the tourism industry now seems the perfect time to look at some of the
opportunities on offer.  Owning property
there is straightforward with freehold rights making it safe to buy there and
the government is being very tourist-friendly making investment returns look
even more secure than in many other countries. 
Add to this the fact that the cost of living (and therefore the cost of
maintaining your property) is roughly one fifth of that in the UK and the
messages are clear.

The economy is booming after the poor performance in the
1980’s and the area is low risk in terms of war and terrorism making it popular
with holiday-makers.  The country is rich
in natural beauty and has a very welcoming climate and populace.  It is expected to be self-sufficient in oil soon
and many analysts are tipping Brazil
to be among the tigers of the future, alongside China, Russia and India.  The Brazilian economy is predicted to grow by
around 4% - 4.5% this year and next – not bad, really.