Tips for 2010 property investment issued

Investors planning to make international payments to purchase foreign property should consider homes in Brazil, industry experts have indicated.

According to Homesgofast.com, the South American nation is "hotter than ever", with values still climbing in the wake of the announcement that Rio de Janeiro is to host the 2016 Olympic games.

Turkey, France and the Greek islands were also identified by Nick Marr, the specialist website's chief executive, as areas to watch over 2010.

The comments follow the release of new rankings for global property hotspots for next year from HomesOverseas.co.uk.

According to the list, the three top tips for investors are Brazil, France and the USA.

Mr Marr said: "Brazil would be our number one place for our investors … Brazilian property is hotter than ever right now as investors seek to get in early [for the Olympics]."

He added: "France will always be a favourite for Brits. Easy access and a relatively stable housing market [make] buyers feel that risk is at a minimum with an established legal system that aims to protect buyers."

Posted by Emma Clarke