G
Golfingworld
New Member
Please can all those agents out there give advice to prospective "investors" as to how the increase in Brazil $Reis will stimulate the Brazilian property market? Today's rate against the UK Pound is 3.28 against 3.85 a year ago not got my calulator to hand but that looks like a 20% increase in prices for Europeans to me..not sure how the Euro is trading but as Reis are Dollar related probably the same pattern. As properties are therefore 20% more expensive in Sterling terms, please can Agents explain how a) this will affect off plan staged prices and b) how a 20% increase in costs will stimulate demand from overseas?