UK property investors 'are starting to wake up to Brazilian opportunities'
Brazil can offer previously unacknowledged low-cost opportunities for property buyers, experts have claimed.
For both investors and first time homebuyers, Brazil could offer a fruitful paradise despite an influx of five million tourists in recent years.
Natal, the safest city in Brazil according to a recent survey by the Institute for Applied Economics Research, can offer a beach house for less than £60,000.
UK investor Christine Lea told the Times that despite a low-costing property and a stabilised economy, "the Brits have not caught on very quickly".
Although "a lot of legwork" is required to find good quality property, "if you wanted to do up a property, there is lots of potential to find something cheap", she added.
In April, one property company spokesman noted that some UK investors are "winning twice" with the cheap property prices and stabilising economy offered by Brazil, noting the very low cost of living and the availability of areas "untouched" by foreign influence.
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