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Brazilian market sees increasing demand

Article Date : Friday, July 06, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Foreign investors in the Brazilian property market could stand to benefit from increased demand in the coming future, with a boost in activity in buying and selling.

Economic growth and greater market stability has led to increased demand for property in attractive Brazilian regions, alongside steady growth in foreign investment.

According to figures cited by the New York Times Brazil has seen an influx of foreign investment to the tune of $4.8 billion (£2.4 billion) since 2005. As a result, building and construction activity has also seen a boost in activity.

"There is a stronger demand for houses," commented Joao Crestana of Secovi, a confederation of constructors and developers.

"There is a housing deficit, and now there are people with money to buy them."

Investors looking for lucrative opportunities in Brazil can take advantage of recent growth in market activity with a view to profitable long-term investments.

Meanwhile Investors Provident reports that better air transport links are making it easier for investors to look beyond Europe to destinations such as South America when making new purchases.
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