Brazilian property sector 'on the up'
British property investors are turning to Brazilian real estate as other markets begin to be less lucrative, according to an industry expert.
The country's climate, environment, living costs and fairly stable economy are encouraging for buyers, said Joss Hutton, writing for the Homes Worldwide property website.
European markets have "peaked", according to Mr Hutton, whereas the property market in Brazil is "just beginning".
Figures from the UK's Property Investor and Homebuyer Show North showed a 20% increase in capital growth of Brazilian real estate, he said.
The Natal area, popular due to its close proximity to Europe, is undergoing new development, including a new airport, large shopping malls, apartment buildings, leisure facilities and plans for improved infrastructure, which he says are designed to tempt investors into the area.
He warned, however, that there were risks associated with investing into emerging markets that had "potential for high capital gain".
"Any investment in growth areas needs to be well researched and careful consideration given for any hidden costs," wrote Mr Hutton.
A recent survey conducted by the Institute for Applied Economics Research concluded that Natal is the safest city of all capital cities of Brazilian states.
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