Brazil is a ‘hot market’ at present

Interest in Brazilian property could be set to rise following the comments of one expert.
Nick Marr, chief executive officer at Homesgofast.com, has heaped praise on the South American market noting that it should be considered an "exciting prospect" by investors.
Mr Marr said that there are a number of "great exit opportunities" currently available in Brazil as a result of the amount of potential local and international buyers active in the market.
The expert also suggested that Turkey, the Canary Islands and Malaysia are also top property investment destinations at present.
"Prices [in Brazil] are still low compared to Europe and with all the exciting things happening to the country – from Obama’s visit, oil finds, the World Cup and the Olympics – it’s proving irresistible," Mr Marr added.
According to the latest Global House Price Index by Knight Frank, residential property values across South America climbed by 3.8 per cent in 2010, ahead of the global performance of 2.8 per cent.