Property in Brazil may attract investment as Brits look to buy overseas
Date added: 29th April, 2010 at 09:52
(view all articles from April, 2010)
Categories: Property News
Property in Brazil may see a rise in investment from British property buyers as a survey from the Worldwide Property Group reveals an increase in interest for overseas property.
The latest figures from the group's March confidence tracker survey revealed that 75 per cent of Brits think now is a great time to invest in foreign property with 91 per cent believing house prices have reached the lowest they will be this year.
Another survey by the Worldwide Property Group in February, when confidence reached a new high, revealed a huge 71 per cent of respondents thought property would rise in value in 2010, making it an ideal investment opportunity.
Kevin Wilkes, managing director of the Worldwide Property Group, said: "Property in many of the world's regions offers tremendous investment potential and the public are starting to realise this."
In fact, in this month's survey 78 per cent felt that property would offer good safety and returns and last month four out of five thought it would be a better investment than currency or gold. 
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