Hi Debzor- I agree that capital growth is important, but to realise that gain you have to have an exit strategy. The majority of people cannot manage the investment from Europe and buying something other than land (very good option if in the right place) solely for capital growth, implies leaving a property empty for long periods, or employing a "morador". In itself not that expensive, (probably a minimum salary of 380R$ per month) but you are going to have expenses also like taxes to pay. If people think of Buy to let in the UK, and apply the strategy here, they can benefit from income in excess of a borrowing cost, and get the gains too. Otherwise leave the money on a high rate deposit account! The difficulty is convincing people to think like an investor, and not about a dream home unless they intend to move here or spend significant time here.
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