Brazilian property is becoming more affordable to investors from the UK, thanks to the growing strength of the pound Sterling against the Brazilian Real.
Boston, MA, June 21, 2012 – Brazilian property is becoming more affordable to investors from the UK, thanks to the growing strength of the pound Sterling against the Brazilian Real. This is great news for alternative investors who hope to make cash from buying real estate abroad – according to Alternative Asset Analysis (AAA).
A report in Property Wire explains that anyone who is looking to invest in Brazilian property will find that a home that was being sold for £111,000 at the beginning of last year will now be on sale for £90,000. This is the result of the Real losing around 25 per cent of its value against the pound.
The Property Wire report cites Brazilian Finance Minister, Guido Mantega, who said that from a Brazilian point of view, the weaker real is a positive thing. “The weak real is beneficial for the Brazilian economy because it makes Brazilian products more competitive, which means that Brazilian industry can better compete with imported products that become more expensive, and can export more.”
AAA’s analysis partner, Anthony Johnson, said, “Investing in Brazil has been an attractive option for alternative investors for several years now and real estate is perhaps one of the most attractive alternative asset classes.”
“Property in the UK is very expensive and those looking to make a healthy return on a real estate investment could do little better than buying property in Brazil at a time when the economy is still more healthy than many other nations, but the currency is falling in value.”
Alternative investments, such as real estate, precious metals, commodities and timberland are all increasingly attractive as the stock markets remain volatile, explained AAA. The alternative investment advocacy group backs ethical investments and impact investments. It claims that investing in sustainable forestry in Brazil, through firms like Greenwood Management, is a good option for those looking to make returns and reduce the risk in their portfolios.
Contact:
Anthony Johnson
Alternative Asset Analysis
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Boston, MA 02109-1320
617-939-9596
info@alternativeassetanalysis.com
http://www.alternativeassetanalysis.com