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Brazil bonanza for young buyers - 18 February 2008

Brazil is increasingly attracting 'hip' young property investors.

A study carried out on the overseas property market by Datamonitor for Overseas Property Professional magazine (the largest of its kind ever undertaken in the UK and Ireland) found that younger buyers, who are increasingly driving the market, are looking to Brazil, Egypt and Croatia due to their high yields. And, last month the head of a major real estate equity fund, named Brazil as the world's most interesting developing property market.

Natal in the Northeast is the new hotspot in Brazil. Investors can enjoy competitive property prices starting from as little as £40,000. Whether you are looking for a place to live, to holiday, to rent out, or simply to invest in for the future, Brazil ticks many of the boxes for the younger buyer.

Samantha Gore, Head of Sales & Marketing for Brazilian property experts uv10, comments, “We have first-hand proof that Brazil is definitely attracting younger buyers and, in fact, amongst hip twenty and thirty-somethings, emerging property markets such as Brazil which offer very high yields are fast becoming the ‘pensions of the 21st century’.

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