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.