Firstly ,the demand is not there from the foreign market at present ,secondly,it is costly to invest in brasil now as prices are way o.t.t ,because it is not just the cost of property ,but the upkeep ,taxes(buying and selling) and thirdly you need to be realistic as to how frequent are you going to be hopping back and forth and at what cost??Then if you want to sell how will you get around it?It is not Spain or Ireland but another continent and unless you are going to use it year in year out the novalty will quickly wear thin and will be costly in the long run!
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Originally Posted by ExperienceInt.Dale
I know some developers fix the price in sterling so you do not have any currency risk, as the Brazil real currency ha strengthen over the pound the last few months I know a few buyers have ended up paying more than they originially were quoted. at the moment Moneycorp seems to provide the best FX service for Brazil money transfer but with the news of the Brazil government opening up to International currency trade this will surely help any potential investors....
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