Overseas interest in Brazil property markets
Many property markets across the globe have struggled to realise any growth during the last twelve months the same cannot be said of property in Brazil.
According to several leading property analysts Brazil currently offers one of the most attractive real estate markets that will appeal to international property investors looking for a region that is economically sound. A report from real estate specialists Knight Frank reveals Brazil had an annual price growth of more than 23 per cent in their Global House Price Index Q1 2012.
Brazilian property developers are looking forward to growing numbers of investors from the UAE particularly since the announcement of more direct flights from the Emirate to Sao Paulo – where incidentally local property prices flew up by more than 18 per cent in the last twelve months.
Business experts agree that with its robust economy together with an abundance of natural resources Brazil is absolutely ripe for investment.