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Posted On: 03/07/2009
Brazil Property one of Top 5 Best for InvestmentBrazil is in the top 5 best places to make a property investment be it with short-term or long-term profit in mind, according to experts.Brazil property is likely to double in value, and rental yields of 6-8% are possible according to an article on the website of sector specialist SEO copywriters Write About Property.com.
After explaining why Brazil is predicted to be the fifth largest economy in the world within five years, Michael Sutton then said that property values, currently much lower than in the world's largest economies, would grow rapidly to catch up.
"For example I could buy a 1 bedroom apartment in Rio de Janeiro for about £80,000 today. The same flat in London would cost me about £150,000. That is almost 100% growth in the next 5 years, annual growth of just under 20%."
After reading the article we spoke to Michael on the phone, to see whether he felt similarly positive about other markets in Brazil, i.e. Natal.
"Yes, I love Natal. I recently wrote an article on the best destinations for property investment around the world, and usually I wouldn't put two places in one country in such an article, but in Brazil's case I was forced to put Rio de Janeiro and Natal, because in both places there is massively rising demand for property both internally and from overseas buyers and renters," he said.
Azure Overseas is currently marketing Brazil property for sale, in Natal, Fortaleeza and throughout the other vibrant areas of the country. Prices start from £53,000.
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