Buying Property in Brazil has been for some time now a sound financial investment and this is set to continue long into the future, availability and low costs are the main driving factors but by no means the only reasons for investing in Brazilian property currently undervalued. Another great reason is the emerging economy widely tipped to become one of the global giants in the 30 to 40 years.
With a population of over180 million (although considering the vast area that is Brazil it’s by no means overpopulated) the potential is huge for economic expansion so all sorts of business opportunities present themselves, of course tourism will continue to thrive with tropical temperatures and over 7000 kms of beaches, the appeal is obvious. Property development is another area worthy of exploration, with more airlines coming on board and tourism reportedly rising more than 200% it’s a fairly safe bet to get into the buy to let market.
Of course, Brazil is most famous for its football many of the world’s finest footballers have come from Brazil and of course they have won the world cup more than anyone else: There is however much more to Brazil than this with the largest rainforest in the world, a wealth of caves and canyons and the Atlantic forest running for most of the Brazilian coast.
Rio Carnival is the biggest and most famous party in the world, it is covered by the worlds press and attracts millions of partygoers it should be on the must do list of everyone its colourful vibrant samba rhythm is as contagious as the rich lifestyle.
Brazil is also experiencing an industrial revolution, with their bio fuel technologies this is further bolstering the economy and in turn the investment property sector. Europeans are being attracted to Brazil for its low living costs and are likely to have won the property lottery if growth continues in its current form.
Brazilian property laws are very foreigner friendly the land is owned in perpetuity IE you own all water and mineral rights.
From 50,000 you can have a beach apartment and this will rapidly appreciate when the global market recovers and Brazil takes its place among the economic giants where it is surely destined to be.
Agriculture is also to be considered there are richly fertile lands in certain areas of Brazil and with rising food costs and the possibility of large scale agriculture it should be considered for the farming community in Europe.