Belize

Brazilian version of timeshare property investment taking off

by Ray Clancy on August 1, 2013

Brazilian version of timeshare property investment taking off

Brazilian version of timeshare property investment taking off

Timeshare is finding new popularity among the middle classes in Brazil who see it as a huge opportunity to invest in real estate, it is claimed. It was first introduced to Brazil around 20 years ago but it didn’t take off. However since 2003, Brazil’s middle class has expanded by 40 million people and the timeshare market has gained new impetus.

Samantha Gore, sales manager for Brazil based uv10.com, said that the sector is growing in the country. The firm is currently working on a project in northeast Brazil which is managed in conjunction with RCI, the largest timeshare vacation network in the world.  ‘Clients can buy a completed three bedroom home, with title deed, and then enjoy 16% return per year from day one, enjoying the bounty of timeshare package sales to Brazilians. The returns are so large as timeshare really is booming business in Brazil,’ she explained. [click to continue…]

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