Hartlepool, United Kingdom (PressExposure) June 26, 2009 -- Brazil property is to double in value over the next five years according to experts. An article by Michael Sutton of Write About Property, explained that Brazil growing into one of the fifth largest economies in the world over the next 5 years, would see Brazil property grow from its current price to prices similar to those found in the world's bigger economies. This will equate to prices doubling over the next five years, said Sutton.
Les Calvert, director of overseas property portal Property Abroad.com concurs with Sutton, and adds that now might be the best time to buy property in Brazil.
"Brazil is not faring as well as it should be economically, and this depressed environment may present an opportunity for property investors to get a property for a lower price than will be possible again," he said.
"Investors should buy a resale property in Brazil because they are likely to find a bigger bargain than on off plan properties which are tending to hold their value," he added.
Property Abroad.com is currently advertising Brazil property for sale, prices start from Â£15k for land plots and Â£35,000 for apartments. Anyone looking to buy property in Brazil will find a large selection and an excellent search facility.