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A recent survey commissioned by the Brazilian Ministry of Tourism revealed that British buyers made up seven per cent of the overseas spend on residential property, parting with £28 million in 2007.
The main focus of property investment in Brazil is in the large cities of Sao Paulo and Rio de Janeiro, and the nine states of the north-eastern region.
Sao Paulo represents in terms of Brazilian economy and development. Sao Paulo city alone is responsible for more than 12 per cent of Brazil’s GDP and its property market is by far the strongest in Brazil. It is the most populated city in South America and has a huge deficit of accommodation; specially for the mid and lower income classes that now have more buying power due to credit allowance. A strong market such as Sao Paulo, offers not only the highest rental yield and capital appreciation but also a straightforward exit strategy for investors interested in investing elsewhere afterwards.”
Real estate can be viewed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property and its true value can provide good profits. This is the reason why sales trained people pursue real estate as their full time job. Now, Real Estate agents are primarily focused on selling residential real estate and commercial real estate are sometimes neglected. However, they should know that commercial real estate is as good an option for investing some of your savings.
Commercial real estate includes various kinds of properties. Most people think that commercial real estate are those where office complexes or factories and industrial units are located. Other properties like hospitals, retail stores and warehouses are other models of commercial real estate. Even residential properties like apartments or any property that has more than four residential units can be considered as commercial. In fact, the latter is much in demand.
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