Banking on BRICS and Mortar: Brazil house prices grow up to 20pc

    The BRIC nation of Brazil remains one of the best performing housing markets in the world according to the latest worldwide survey of house price indices from the Global Property Guide.

    The latest report revealed that house prices surged by almost 20% in 2011 in Sao Paulo, Brazil while the city was one of only a handful which saw house prices rise in the fourth quarter, increasing by 3.93%.

    Matthew Montagu-Pollock, Editor of Global Property Guide comments,

    "The strong performance of Brazil's property market reflects several factors, including a very strong domestic economy, which remarkably experiences very little exposure to global economic fluctuations. Many people have forecast that Brazil's boom will come to an end, but there is little sign of that happening at the moment."

    Indeed, Brazil is fast becoming a sound property investment choice thanks to its affordable cost of living, great weather and strong capital appreciation and is performing exceptionally better than many European nations.

    Dean Thomas, MD of DLT property, developers of Palm Springs Natal, the unrivalled land investment opportunity in north east Brazil, comments,

    "The Global Property Guide statistics show that many of the countries that did not fare so well in 2011 were located in Europe. For example, the UK witnessed a 3.39% drop in prices, Portugal experienced a 7.78% decrease, Spain's house prices also dropped by 9.27% and Greece by 10.43%. Sadly, it seems that Turkey's bubble may have finally burst after it too witnessed a drop in house prices at -1.73%.

    "In contrast with this trend, Brazil is definitely rising up in the property ranks. Having overtaken the UK to become the sixth-largest economy in the world and with the minimum wage of the Brazilian population rising by around 10% in 2011 domestic tourism and consumption has been heightened throughout the country."

    Given that both Brazil's economy is flourishing and its property market is performing strongly, Brazil as an investment destination presents one of the most exciting opportunities available today with Palm Springs Natal affording the latest unrivalled investment opportunity.

    Having spent four years ensuring that all land ownership and use legalities are in place including condominium status and installing essential infrastructure such as water supplies and sewerage, as well as already selling 20% of the land plots to Brazilian nationals, Palm Springs Natal is designed with the end user, the Brazilian in mind.

    From traditional ostrich farmland to 453 fully serviced freehold land plots set over 100 acres of beachfront real estate 20km from Natal international airport there are a variety of investment options available from as little as £10,000.

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