Tuesday, October 12, 2010

Why buy property in Brazil




What is so hot about Brazil?

 


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As a destination, Brazil is seen as a fabulous alternative to Spain and is much more affordable than the Caribbean.

The relaxed quality of life, the warm climate and the low cost of living attracts holiday makers from across the globe.

Brazil is a relatively new arrival on the international property scene and 2010 will see an unprecedented number of investors flocking to the country to pick up bargains in real estate.

It’s economy is firing on all cylinders, investment is flooding in, the population is becoming wealthier and property prices are soaring.
Brazilian middle class is already at 35 million and is forecasted to grow 65%
by 2015.

Brazil also has over 1,000,000 multi millionaires who are attracted to European styled coastal holiday homes far away from Brazil's vast mega cities.

Along with future domestic economic growth and increasing spending power of the big Brazilian population this trend is set to continue. No other emerging market can equal the strong Brazilian long term demand.

Today, the climate for investment property in Brazil, has never been more promising.


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