Potential for high returns with Brazil overseas property

High st banks vs currency brokers

Brazil is being described as an attractive investment for people looking to invest in overseas property.

One expert said the overseas property market in Brazil has promising potential for high returns.

Managing director of DLT International, Dean Thomas, said the South American country appeals to people looking to invest in offices, industrial units or housing.

The market has been created as one that is profitable to would-be buyers due to the high demand and short supply.

Dean commented: "For those thinking about investing in Brazil, Palm Springs, located just 30 minutes from Natal's international airport in the north-east of the country, can offer a variety of investment options whether you want to buy land and build a home or indeed build and operate your own commercial unit,"

He added that Latin America’s economic giant is the most appealing market for investors citing research from the Association of Foreign Investors in Real Estate.

According to Jones Land LaSalle, commercial property volumes in Brazil were one of the highest in the world in 2010.

Dean Thomas added: “At Palm Springs Natal, there are plenty of commercial opportunities available from bars, restaurants and coffee shops to hairdressers, spas and retail units which will all afford good rental income for investors.”

Strong economic growth, a fast increasing middle class, increased consumer spending as well as healthy tourism levels suggests investing in property in Brazil is a shrewd move.

Transferring money to Brazil

If you are looking to invest in Brazil, think carefully about how you will be transferring money to Brazil. Foreign currency exchange rates quoted by banks are almost always worse than the exchange rates available through specialist currency dealers.

So if you are sending money to Brazil – which you will inevitably have to do if you are looking to make a property investment, be sure to compare the market before you buy your overseas currency.

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Potential for high returns with Brazil overseas property

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