Home.co.uk
Home.co.uk

News: Hipsters head for Brazil

Fri, 15 Feb 08

Brazil is increasingly attracting 'hip' young property investors...

Buying a second home abroad used to be the domain of the neighbours’ chat over the proverbial garden fence and the need to find out what the Jones’ were up to. Now it is a common topic of conversation amongst bright young things in trendy cafés and bars that are keeping up with the latest hip and happening emerging property markets.

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.

For sexy, sassy, and incredibly beautiful, look no further than the mouth-watering bounty on offer in Brazil, which is known across the globe for its fantastic beaches, flamboyant carnivals, steamy nightlife, booty-shaking music and exciting culture.

Natal – A new hotspot

Natal in the Northeast is the new hotspot in Brazil that everyone is talking about and it has all this and more in spades. The savvy investor can enjoy incredibly 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, the obvious choice is, increasingly, Brazil.

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’.

Brazil, particularly the trendy towns such as Pipa close to Natal, appeals to the young on price, nightlife, sporting activities from dune buggy rides to kite-surfing, year-round sunshine and a low cost of living meaning of course cheap alcohol and food of a freshness and quality rarely seen in the UK.

Back to: News Index