Turkey & Brazil prime investment options for 2012 - Emerging Real Estate

Turkey & Brazil prime investment options for 2012

14/01/2012

 Turkey & Brazil are prime investment options for 2012

In these times of global economic uncertainty investors are looking increasingly to emerging markets for the safest investment portfolios, particularly in property. Two countries destined to do well this year and improve on their already impressive growth are Brazil and Turkey, both of which Emerging Real Estate have been recommending for some time now.

Turkey is one of the fastest growing economies in the world and is attracting investors for both residential or buy to let properties, and holiday homes. Turkey’s inflation may be rising but interest rates are still very low and the country’s Government has a deserved reputation for strong fiscal management, boasting low public debt and impressive export growth.

Residential or buy to let investors should ideally concentrate their efforts around the major cities such as Istanbul where demand is outstripping supply and the population is rising. The affluence of the population in Istanbul is also growing, partly due to a healthier employment market than many of their neighbours. Holiday home investors are also being attracted to Istanbul due to the many architectural and cultural delights the city has to offer, although coastal resorts are also proving popular with tourists who want to buy a holiday home for their own use. Data produced by the Turkish Ministry of Tourism confirms that the number of tourists visiting Turkey doubled between 2009 – 2010 and 2010 – 2011 and there is no reason to believe this year will be any different.

Brazil is also a rare success story in these trying times and remains one of the world’s leading emerging markets with a rapidly growing population outstripping the supply of available homes. Sao Paulo, Rio de Janeiro and Natal are doing particularly well, with rents soaring. The 2014 World Cup will also have a huge impact on the number of visitors to the country and both residential and holiday home purchases will likely see good capital appreciation and high rental yields.

To discuss any of our investment opportunities in Brazil or Turkey please do not hesitate to contact us.