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Posted On: 30/06/2009
Brazil Property Best for Overseas InvestmentThe news has been filled with Brazil lately; with industry experts and global business tycoons like Sam Snell going on record to say that Brazil is one of the world's best markets to make a property investment, and that, having remained vibrant throughout the global financial crisis it should come out the other end relatively unscathed.
Liam Bailey, industry expert and director of independent property research firm Write About Property, had this to say:"You will never hear me say a bad word about property investment in Brazil. In April this year I recommended it because its economy was expanding massively on the back of massively rising tourism, rising exports of basic materials to the then growing Asian giants, and of course its massively growing property market fuelled by overseas investment. While the export industry may have been affected by Asia beginning to feel the squeeze, the other two expanding areas have continued to grow.
"The fact that there is still so much new development in Brazil; with new areas seeing new development and growing into newly emerging markets, Brazil property investment continues to be a very good idea. With fantastic rental yields of up 12% and over Brazil is one of the best markets to make a property investment in the world. Nowhere expects massive capital growth right now, so making a 12% yield and rising while you wait for capital gain can't be bad -- that of course on top of the expected immediate gain on off-plan purchases."
Proof of Brazil's massive tourism market, and its relation to property investment can be seen in the latest development offered by overseas property specialists Azure Overseas.
The off-plan Jangada das Dunas resort complex offering 1 bedroom apartments right on Porto das Dunas beach from under £54,000. The amazing thing about these apartments -- apart from the incredible location and range of amenities -- is that they come with an incredible 12% guaranteed rental yield for the first year. After that the rental is managed by a Brazilian hotel company, so, while not guaranteed, rental yields are highly likely to remain at the same incredible level.Amenities in and around the Jangada das Dunas resort include:BeachGolf CourseTennis Courts Football Fieldsand Aqua Park
About Azure OverseasAzure Overseas is a member of the National Association of Estate Agents (Overseas) and adheres to the highest standards of customer care and stringent market research/due-diligence.
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