Overseas property news - Emerging markets 'on fire'

Emerging markets 'on fire'

Emerging markets like Brazil, Cape Verde and Egypt have the best profit potential...

Adrian McDermott, Managing Director of Escapes2 commented:  â€œBrazil and the other expanding markets of Egypt and Cape Verde are among the most active in the world at the moment.

“There is currently excellent potential in Brazilian property, partly as a result of the improvements in infrastructure that are being pursued.

He added: "There’s a new airport going into the north-east of Brazil. The government is investing a lot of money in infrastructure and actively targeting foreign investment in the country.

"It’s got one of the fastest growing economies in the world. If you have the underlying factors of the economy going from strength to strength and a government that’s pro-foreign investment, then you normally see an increase in property prices as the country increases in prosperity."


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