Overseas Property Where Would I Invest Part 6: Brazilian Property

Brazil is among the top 5 largest food exporters in the world, with the world's second largest cattle stocks, and is also the second largest exporter of meat. Add that to its massive services sector, hospitality sector, construction sector, tourism and health tourism sectors and it is easy to see why Brazil is expected to grow into the world's fifth largest economy in the next 5 years.

Brazil is group with India, China and Russia as part of what they call the BRIC countries and what is widely heard as meaning the world's four largest and fastest growing emerging markets.

Property in Brazil can still be bought relatively cheaply making it an excellent investment opportunity. As Brazil grows into one of the world's largest economies, property will grow in value until prices are similar to what they are in the world's largest economies.

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%.

Add to that the 6-8% rental yields Rio de Janeiro and Brazil properties make and it all adds up to a very lucrative and solid investment -- one that I would certainly make.