Hi All,

Was thinking of investing overseas for either an investment property or a second home.

White beaches seem like a fantastic idea and wondered if someone can share their experiences/views on where to invest ... was looking at Brazil - seems a little cheap yet but not sure whether a good place and where..

Any advice appreciated.

Thanks

I gave a lot of thought to a white sand Brazil plot but decided against as there was no guarantee one would ever persuade the local officials to connect roads, sewers, electricity or water.

Why bother I concluded when Morocco was just a 3 hour flight and where many new fabolous resorts are due to open around 2010.

It would appear that with hindsight when you decided upon Morocco in favour of Brazil you went for the wrong option.
I bought a 3 bed property in Porto Dos Corais Maracajau in Jan of last year for 93,000 Euros and assigned the contract 2 weeks ago for 122,000 Euros.
Not a vast profit admitedly but certainly better than i would have been able to achieve had i pressed ahead with the reservation deposit i placed on an apartment on Med Saidia.
I am not sure if this is typical as there do not appear to be many resales to compare,so i can only relate my own experience.