Brazil 'offers potential for property investors'

People looking for property in Mato Grosso will be pleased to hear that one expert has said Brazil offers lots of potential to investors.

According to Les Calvert, director of Property Abroad, countries which are showing good economic growth are ripe for investment, Brazil among them.

"For investment purposes, it is a growing economy, prices are still reasonable and there is definitely a market there for Brazil," he stated.

Mr Calvert added that there is also a lot of investment potential in Europe, however, it can sometimes be difficult to "cherry pick" the right properties.

Mr Calvert's comments came after research from the Worldwide Property Group found that 80 per cent of people surveyed in the 45-54 age group are currently considering buying property abroad.

The research also found that confidence in property as an investment is currently strong, as it is thought to offer greater stability than other investment options such as stocks and shares.
 

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