Brazilian property market 'increasingly attractive'

17-Apr-2007

Brazil's property market is becoming an increasingly attractive proposition for British property investors - which may include first time home buyers - an expert has claimed.

According to Nicholas Marr, a representative for Homesgofast.com, investors are able to benefit from an economic environment that is increasingly stable, in addition to low property prices, which may interest first time home buyers looking to invest for the first time.

At present, in the north-east of the country, a five bedroom villa is available for around £90,000.

"The land is unbelievably cheap … the real is strengthening as well, so people are winning twice," said Mr Marr.

"Investors are going out there and saying: 'Oh my God, I can't believe this," he added.

To find out more about buying a property abroad to get onto the property ladder click here.

Mr Marr is also the chief executive of Marr International, a marketing company specialising in overseas properties.

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