BRAZIL 'HAS GOOD INVESTMENT PROPERTIES'
Friday, 21 Sep 2007
Overseas property investors have been advised to consider purchasing a holiday home in Brazil.
UK newspaper the Mirror said that the region offered numerous benefits for investors, such as a good climate and attractive beaches.
Prospective buyers were also told of the country's strong economy and growing popularity among tourists, as well as its cheap property prices.
The publication said the country would also be appealing because many British investors were expressing a preference for "far-flung" countries rather than traditional markets.
Aviation was credited as one of the main causes of the growing popularity of such countries, as many areas had not been serviced by direct flights until relatively recently.
The Mirror commented: "Cheaper flights have made long-haul destinations more accessible and there are cracking bargains further afield."
Brazil was also said to have a "booming economy" that had led to many investors "clamouring" to take advantage of increasing property prices.
According to the Association of International Property Professionals, low-cost airlines have opened up hitherto unknown markets to overseas investors and tourists.
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