Brazil Property Best for Overseas Investment
Frank Crowley director of Azure Overseas said:
"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:
- Beach
- Golf Course
- Tennis Courts
- Football Fields
About the Author: Azure Overseas
Azure 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. To fnd out more contact Frank Crowley
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