I was in Brazil a couple of weeks ago, not to look at local property developments (although I did do that too) but to deliver a series of presentations to a large real estate conference attended by international property investors. I was the only person there promoting European property and the only person discussing the strategies available to those seeking to purchase highly discounted property from distressed sellers.

Hardened investors who had arrived with the intention of purchasing offplan condo hotel or vacation property in South America were surprised to find themselves very seriously considering purchasing city centre property in Birmingham or vacation homes in Andalucía instead. They simply weren’t expecting an Irishman to stand up and offer them high quality finished properties in these locations at lower prices and higher rental yields than their offplan South American equivalents. It was a great success for Torcana overall, and if any of our regular clients would like to view one of the presentations I delivered please click here.

Regards

Colin Murphy

Torcana Ltd

Tags: brazil, conference, distressed property, presentation

This entry was posted on Thursday, June 18th, 2009 at 5:48 pm and is filed under General Opinion. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.