Benefits of investing in property in Brazil

The motives for investing in property overseas vary from person to person. The developing country of Brazil has recently experienced a boom in real estate investments.

Waseem Saddique, founder and current acting CEO for Housetech Developments; a specialist Brazil real estate development company said that: “The poor economic climate in the UK is encouraging more people to seek a new job and a new life abroad.”

A study by Currencies.co.uk revealed that one third of Brits would consider leaving the UK in the next five years, and 86% of those would move to achieve a better balance between business and pleasure.

Currencies.co.uk analyst Stephen Hughes said that the statistics could be a damning indictment about the state of the UK economy.

"This study demonstrates a severe lack of confidence in the employment situation in the UK, particularly among younger age groups," he said.

Brazil’s property market is experiencing a period of huge growth, becoming the world’s seventh largest economy. Over the years the investment and employment opportunities in Brazil are becoming furthermore encouraging to Britons.

67% of the Brazilian population are now in a position to invest in buying a home – great news for Housetech Developments.

“A constant decrease in disparity means that it is becoming easier to own a property in Brazil so this percentage is only set to rise further,” explains Waseem Saddique.

The increasing property prices in Brazil are now beginning to slow but with the less encouraging UK property market, Brazil real estate investment is looking ever more tempting.

“The accessibility of credit alternatives has opened up a wide range of opportunities for investing in property in Brazil,” Says Waseem Saddique.
Financial institutions are providing smarter ways in order to lend the necessary finance for potential investors.

Waseem Saddique adds: “The attraction of high-quality regular profits from renting out your property abroad is also adding to the rising and falling demand for investing in property abroad.”

Housetech is a specialist construction company. Our primary focus is to build affordable homes, which are not only built to a high specification but are also excellent value.

Housetech Developments
Avenida Atlântica 1186, Bloco 1
Office 904
Copacabana
Rio de Janeiro, Brazil
Cep: 22021-000

This release was published on openPR.