Land in Brazil is “affordable option” say experts

Land in Brazil is a "low entry, affordable way" into the market, according to experts.

Managing director of DLT property Dean Thomas explained that for those looking to join the Brazilian real estate boom, land in an up-and-coming area could be the easiest option for investors keen to avoid the towns where house prices have exploded.

Brazilian property in the top seven districts increased in value by 25 per cent last year, according to Capital Economics, while Rio de Janeiro's prices have soared by 140 per cent since 2008.

Rio Grande do Norte, one of the country's busiest markets for both tourism and real estate, is "not as established" as places such as Sao Paulo or Rio, Thomas adds, making it a sensible investment for overseas buyers.

 

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