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Investors 'To Head For Emerging Markets'

Article Date : Monday, January 14, 2008       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

Overseas property investors have been tipped to make further inroads into emerging markets this year.

According to currency specialist HiFX, less established locations are increasingly reducing the dominance of traditional property investment spots such as France and Spain.

Brazil was highlighted as a particularly popular market among Britons, since it offered relatively cheap property values.

The firm added that the country was likely to experience further economic growth this year, further enhancing its appeal to foreign property buyers.

Mark Bodega, director at HiFX, commented: "It's easy to see why investors in particular are turning their backs on Spain and examining new markets at an earlier stage in their growth cycle."

However, Mr Bodega said established countries would continue to remain popular options among many buyers, despite the growing level of competition from emerging destinations.

The SaveBorrowSpend website recently tipped Brazil property as a good investment option because it offered bargain prices and the potential for further capital growth.
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