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Brazilian property offers "exciting" opportunities

Article Date : Friday, July 13, 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

Development and rich natural resources are creating interest in Brazil as a top investment opportunity, a property expert as claimed.

The move by major tour operators to establish their presence in Natal plus the completion of the region's new airport could turn it into an exciting emerging market, according to Anthony Fernandes, director of SPC Overseas.

"One has to realise that Brazil is the sixth most populous country in the world and is strongly tipped by Goldman Sachs to become one of the world's most dominant economies," he told Easier.com.

"This potential for enormous growth is underpinned by its vast natural resources."

Current market growth is between 20 per cent and 30 per cent a year, the news provider reports.

Hetal Shah from Investors Provident said that a beachfront apartment in Brazil could cost as little as £50,000 and confirmed that Brazil was among several emerging markets, including Morocco, which were generating a lot of investor interest.
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