BrazilIf you think Brazil is all carnival and caipirihas then think again. As part of the BRIC (Brazil, Russia, India, China) phenomenon, the country is forecast to become one of the world’s four biggest economies by 2050, so now is definitely the time to be looking for investment property in Brazil.
Brazil is already booming. The tourism industry is developing quickly, bringing this once exotic country within easy reach of European airports. The country’s middle-class is also set to grow by 64% within the next decade – meaning larger disposable incomes and a higher demand for quality housing and land to build it on.
Brazil’s property prices are still relatively low (up to half the price of Spain) but falling interest rates and growing demand are pushing these up. Don’t miss your early opportunity to buy investment property in this buzzing country.