If you own some money in US dollars and you are looking for an excellent investment? So, come to Brazil and buy properties here.
The devaluation of the brazilian currency (Real) is attracting foreign groups to Brazil.
In just two years, investing in Brazil became 33% cheaper for foreigners or brazilian holders of dollar resources. If we include some devaluation during that period, this percentage will increase to 38% to 45%.
Many developers are already seeking a way out of this situation offering its properties to international investors. The sale of assets to international groups is a way to restore cash and get rid of the property fixed costs, such as condominium fees, property taxes and maintenance.
Despite the exchange rate be linked to market volatility, the expectation is that the dollar begins to fall in the coming months. If you had any doubt, do not hesitate. The real estate market in Brazil is offering the best opportunities since 2004.
And as the host of UFC, Bruce Buffer, would say: “It’s time”…to buy!
