Expert: Edison - 9/23/2008

Question
Hi Paula,

We are looking to buy property in Brazil for family holidays - what area to you recommend?

Ideally w would like beach front with restaurants etc. somewhere safe and also up market.

Can you please supply me with a couple of areas?

Best regards,

Vonnii

Answer
Hello Vonnii,

I don't recommend investing in a vacation property in Brazil if you don't leave there to take care of it. It is very common people break into beach houses and still everything when nobody is around.

If you want to invest in Brazil, buy stocks of Brazilian companies. And rent a house or staying in a hotel when visiting Brazil.

Ceara, Santa Catarina and Bahia are great states to spend your vacations.

Good luck!

Edison