Property Investment Opportunities in North East Brazil Popular with Brits

More people may be considering a mortgage for overseas property in Brazil as the country grows in popularity, both as a tourist destination and with investors.

Glauco Chris Fuzinatto, UK and Ireland director at the Brazilian Tourist Office, said the north-east of the country is becoming more popular with Brits and that investment opportunities are opening up.

A key point for growth is the development of new flight routes into the country, so that accessibility improves, he said, noting that this is now happening in various parts of Brazil.
"One important element for it becoming your second home is the accessibility. If it is easy for you to get there, then it's easier for you to buy a property as your holiday home or second home," he said.

The country is experiencing tourism growth as well, Mr Fuzinatto said, noting that there is still potential for further expansion.

Earlier this month, head of overseas at Rightmove, Robin Wilson, said that there is "a lot of buzz" about Brazil as an investment location at the moment, but suggested that those considering a mortgage abroad should work with a forex dealer to ensure they limit their risk.

London Mews House for Sale

Marylebone Mews House for Sale

Salisbury Place is a quiet mews sandwiched between Upper Montague Street & Gloucester Place off the Marylebone Road.

The property benefits from the vast array of excellent shops, cafes and eateries found within the area, with Oxford Street and Baker Street also close by. Transport links include Baker Street Underground Station & Marylebone Overground Station.

Planning permission has been granted for the conversion of this existing double garage into a residential dwelling (Studio flat)

Central London Mews House for Sale

Turkish Government Promoting Foreign Property Investment in Turkey

A healthy 32,000 overseas property buyers from the UK have now invested in Turkey according to recent figures from the Turkish General Directorate of Land Registry.

And with plans now approved for the country’s biggest ever airport to be built on the outskirts of Istanbul, it will be easier than ever for fly to let customers to access rentals in the area.

Describing the wave of investment as “remarkable,” Suleyman Akbay of Oceanwide Properties said: “There are many advantages to purchasing a property in Turkey, including the fact that there aren’t any capital gains taxes to be paid if the property is owned for more than five years.

“Recently approved new mortgage laws too make it easier to purchase overseas homes in Turkey and prices are extraordinarily low compared to many other European countries.”

The Turkish Government is actively promoting foreign investment and is concentrating hard on new infrastructure projects such as improved roads, airports and telecoms.