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Buffet’s Advice Gives Food For Thought
February 18, 2009Article by Ray Withers
If you are an investor looking for a new home for your money that gives a better return than banks and building society savings accounts, then follow billionaire Warren Buffet’s advice and look to buying land – because no one is making any more. Once the decision is made, you need to look for land that gives a better return than the measly rates offered on cash savings. Everyone’s current favourite is Brazil; home of the samba in the sunshine, carnival, and world cup football.
The advantages of investing in Brazil property include:
* Excellent returns in investment
* Good currency exchange rates
* A government crusading with anti-inflation policies
* Low cost of living
* A fast growing population and a shortage of good quality investment property
* Massive tourist infrastructure investment and promotion of Brazil as a tourist destination
* Easy access flights from the UK
Brazil real estate investors can opt for buy-to-let in Sao Paulo, one of the world’s largest and fastest growing cities or resort complexes in the popular natal province. International property consultants Property Frontiers offer property in Brazil to suit both types of investor: Vision Condo Apartments, Sao Paulo . Vision will offer the highest standards of facilities and services to residents alongside cutting-edge technology, safety and comfort. Facilities include a variety of health and leisure activities, a range of social areas and the convenience of a 24-hour concierge, housekeeping and valet services on-site. Discounts are available for 100% upfront payment for these properties. Prices range from £74,500 to £86,000 for studio to two bed apartments. Natal Ocean Club, Natal Commanding a leading position in Natal’s rapidly expanding tourism market and with the appointment of an internationally recognised, super luxury resort operator Natal Ocean Club is set to generate gross yields of 15%. All of the luxurious properties at Natal Ocean Club are delivered with the highest standard designer fittings and furnishings, providing the most luxurious investment and lifestyle in North Brazil. Prices range from £138,000 for a single bed apartment to £788,000 for a four bed roomed villa with infinity pool. Aptly named the “City of Sun”, Natal enjoys 360 days sunshine a year and an average temperature of 28°C. It is the safest capital city in Brazil and one of the closest to Europe and North America, currently welcoming direct flights from a host of European cities including London.
In November 2007 a bridge over the estuary was opened which halved travel times between Natal city and the beach resorts north of the city to 25 minutes. $1.1 billion has been spent on infrastructure across North East Brazil and the world’s fourth largest airport is due to be constructed in Natal and designed to bring in 5 million travellers per year.
Natal Ocean Club is set in a prime beachfront location North of Natal city and only 10 minutes drive from Maracajau – the site of some of the world’s best diving.