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Expatriate Medical Insurance News: Brazil real estate market 'is resilient'

Expat insurance customers may wish to purchase Brazilian real estate, after an expert said this investment opportunity has not been severely damaged by the global financial crisis.

BuyAssociation editor Paul Collins explained the country has high levels of demand for modern buildings, healthy activity in the housing sector and a robust rental industry.

This has made its property market "one of the most resilient in the world over the past couple of years", the expert declared.

He promoted the use of ready-to-build projects, noting these give people prices that are "close to those offered to off-plan purchasers".

Furthermore, investors can begin making returns in less time than it could take with more traditional housing schemes, Mr Collins continued.

He had previously called it one of the world's "top investment destinations" for overseas real estate.

After the World Cup and Olympic Games have taken place in Brazil, it is forecast to have Earth's fifth-largest economy, the expert pointed out.

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