Investment Case For Buying Property In Brazil Now Well Oiled

Released on: February 19, 2008, 3:48 am

Press Release Author: Nicholas Marr

Industry: Real Estate

Press Release Summary: Oil rich nations such as Dubai and Norway have seen their
property markets sky-rocket on the back of rising oil prices. Two oil and gas
discoveries in the last three months off the coast of Rio de Janeiro will catapult
Brazil into the top ten list of oil producing nations.

Press Release Body: London, United Kingdom, February 19, 2008 -- With oil starting
to flow in 2010, the economy of Brazil and thus property prices are expected to
receive a major boost. Brazil Property Advisors has analysed the most attractive
investments in the Brazilian property market and is delighted to discuss the
opportunities.

Brazilian energy giant Petrobras announced on Jan. 21st a new, potentially sizeable
natural gas reserve near the Tupi oil field, which was discovered in November 2007.
Although Petrobras did not disclose the size of the newest find, named Jupiter, it
did confirm the huge potential of the area where the deposit was found opening the
door for yet additional discoveries. The Jupiter discovery adds to Brazil\'s already
impressive energy resources, putting Petrobras\' oil reserves higher than Royal
Dutch/Shell\'s and Chevron\'s and barely below those of Exxon and BP. Brazil is now
getting closer to becoming a full-fledged energy powerhouse. The sudden availability
of financial resources to invest in the country\'s priority items, such as
infrastructure and social programs, has the potential to boost the long-term growth
rate of Brazil. This has been recognized by the financial community which has driven
the Brazilian Real and the Brazilian stock market to new record highs at the end of
2007. The Sao Paulo Stock Exchange (Bovespa) closed 2007 with an accumulated rise of
72 percent in U.S. dollars, the third biggest rise among the world\'s large
stock-exchanges. The annual rise was overcome only by China\'s Shenzhen (181 percent)
and Shanghai (110 percent) stock market.

The confidence of international investors is best exemplified by the massive growth
of foreign direct investments (FDI) flowing into Brazil in 2007. FDI doubled in 2007
to $37.4bn, exceeding FDI for Japan and India. Brazil was the third largest
recipient - China was #1 and received $67.3bn. However, to put this into context,
China\'s FDI is not even twice the FDI of Brazil although China has a seven times
larger population.
Why are the oil discoveries and the FDIs so important for property investors in
Brazil? Other countries which have seen a similar oil boom and foreign interest such
as Norway and Dubai, have equally seen their property market post record price
increases year after year. House prices in Norway and Dubai increased between 2000
and 2007 at an annual rate in excess of 15%.

However, Brazil has more to offer than exciting economic prospects. Great weather
year round, fabulous beaches and a famous life-style make Brazil an attractive
property hotspot for international investors. It also has a very affordable cost of
living, only a fifth of the UK, making it a very reasonable place to stay for the
short and long term. For a holiday home, second home or retirement home, this is one
of the best places to look. The Brazilian property market today is where Spain and
Portugal were 25 years ago. Investors in Brazil can acquire beautiful properties in
stunning surroundings, at prices simply unobtainable in most other overseas
destinations.
The attraction of property investments in Brazil has been recognized by a growing
number of UK celebrities such as David Beckham and Naomi Campbell who have all
acquired property in the North east of Brazil.

Brazil Property Advisors has many years of experience in Brazil. Its staff is
regularly flying to Brazil to identify the best opportunities. Brazil Property
Advisors spokesperson Luciane Pinto: \' Since Brazil is still an emerging property
market, we guide UK buyers through the entire buying procedure. Many investors are
bewildered by the procedures in Brazil we aim to make the purchase as easy as
possible. We have a network of respected lawyers, financial advisers and money
transfer companies in the UK and in Brazil.\'

Brazil Property Advisors gives you the best choice of top quality developments and
have many options of properties in the portfolio with prices starting from only
£25,000.
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Contact:
HomesGofast.com
Nicholas Marr
London, United Kingdom,
442070993392
nick@homesgofast.com
http://www.homesgofast.com




Web Site: http://www.homesgofast.com

Contact Details: HomesGofast.com
Nicholas Marr
London, United Kingdom,
442070993392
nick@homesgofast.com
http://www.homesgofast.com

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