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Brazil highlighted as investment hotspot

Article Date : Tuesday, March 27, 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

Newly developing markets such as Brazil are a good place for investors to make a profit, one expert has said.

Investors should look to markets where demand for property outweighs supply, such as Brazil, according to Escapes2.

New markets where the economy is growing and the government supports foreign investment are the best opportunities for investors, said managing director Adrian McDermott.

But investors need to get onto the market at the earliest possible stages, when demand is highest and before the property market becomes oversupplied, he advised.

He singled out Brazil as offering excellent potential: "There's a new airport going in the north-east of Brazil.

"The government is investing a lot of money in infrastructure and actively targeting foreign investment in the country. It's got one of the fastest growing economies in the world."

Brazil is the ninth most popular investment location, according to foreign exchange specialist Currencies Direct.
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