Brazilians embrace timeshare creating new investor opportunity
from Digital Journal
Timeshare was first introduced to Brazil around 20 years ago, it wasn't hugely popular and didn’t take off. However since 2003, Brazil's middle class has expanded by 40 million people and the timeshare market has gained new impetus. Associated property investment is now big news. Samantha Gore, Sales Manager for uv10.com, says, "We're working on a project in northeast Brazil which is managed in conjunction with RCI, the largest timeshare vacation network in the world. Clients can buy a completed three bedroom home, with title deed, and then enjoy 16 per cent return per year from day one."
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