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Overseas Property News
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Brazil property mortgage rate cuts
Country: Brazil
27 July 2009 The central bank in Brazil has cut the country’s benchmark interest rate by 0.5% to a record low of 8.75%, which is good news for anyone looking to buy a property in Brazil. It is the fifth time in the past five months that the country's policymakers have agreed to reduce interest rates, which in turn lowers mortgage borrowing rates for existing Brazil property owners as well as for people currently looking to buy a home in Brazil. The central bank is taking the opportunity to reduce rates to historically low levels, after predicting that Brazil’s economy would contract by 0.3% this year. However, Brazilian property owners could see interest rates shoot back up next year, with many experts projecting that the economy will grow by as much as 4.5% in 2010. A series of government measures, such as tax breaks and greater government spending has already led to genuine signs that the country is now starting to emerge from recession. The Brazil property market is expected to strengthen next year, with the United Nations predicting growth of 3.5% next year.
See Also: Brazil, Marc Da-Silva, Mortgage, Overseas property investor news
Some properties in Brazil
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Price: £19,860
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Type: Apartment
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Bedrooms: 1
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"Much of the market is untapped, and it's starting to explode. Within the next five to seven years the prices will be through the roof"
Welcome to the world's largest and most exciting emerging market.
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View details | Enquire further
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Price: £23,000
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Type: New Home
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Bedrooms: 23000
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20% Fixed Return in 12 months or less.
* Full UK Escrow account to protect the clients investment
* Waiting list of 25,000 buyers in place
* Government backed scheme, MCMV
* Just £23,000 to invest
* First Phase units, 90% complete
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View details | Enquire further
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Price: £32,268
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Type: Apartment
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The Spring of 2010 will see a World Class Resort launched in the worlds largest and most exciting emerging market, Brazil.
We would like to introduce the ambitious, and long awaited, Pipa Natureza.
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View details | Enquire further
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Price: £32,268
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Type: Apartment
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The Spring of 2010 will see a World Class Resort launched in the worlds largest and most exciting emerging market, Brazil.
We would like to introduce the ambitious, and long awaited, Pipa Natureza.
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View details | Enquire further
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Price: £32,590
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Type: Apartment
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Bedrooms: 1
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The Spring of 2010 will see a World Class Resort launched in the world's largest and most exciting emerging market Brazil.
We would like to introduce the ambitious, and long awaited, Pipa Natureza.
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View details | Enquire further
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Price: £38,000
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Type: Apartment
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Bedrooms: 3
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Minha Vida, Minha Casa (My Home, My Life) is the largest housing program the world has ever seen with the Brazilian government committing over R$ 34 billion to build more than 1 million homes. The waiting list already exceeds 1,300,000.
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View details | Enquire further
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Price: £39,440
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Type: New Home
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"There is no argument - emerging markets win hands down." Emerging markets such as Brazil are "the future and where the future growth in profits and earnings will come from." [Property guru and billionaire, Sam Zell]220
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View details | Enquire further
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Price: £39,440
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Type: Apartment
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Bedrooms: 1
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The spring of 2010 will see a World Class Resort launched on the open market.
A place where you can breathe the planet's cleanest air, swim with wild dolphins and stroll along world famous beaches.
Invest with just 2% paid amonth.
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View details | Enquire further
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Price: £39,440
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Type: House
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Bedrooms: 1
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"One local expert projects Brazilian property prices
could appreciate by up to 200% over the next decade"
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View details | Enquire further
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