Hundreds of miles of dazzling, white-sand beaches surround the city of Fortaleza in the northeast of Brazil. Its clear, tropical ocean waters maintain a year-round temperature of 80˚ Fahrenheit. Serving as the glimmering centerpiece for the state of Ceará, this capital city of almost 3 million people is now the No. 1 tourist destination in Brazil. Fortaleza boasts its own beautiful in-city beaches, sizzling nightlife, and great restaurants.
Yet you can still buy a downtown apartment with a sea view for $110,000 and lots (just off the beach) outside the city are for sale for as little as $46,000. Fortaleza is popular with European travelers, expats, and investors, but completely off the radar screen of North Americans…for now.
The world market seldom sees price distortions like the properties on the beaches around Fortaleza today. This market will move upward once the U.S. buyer arrives. But for now, you can still get great deals.
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The best beaches in the world are in Brazil. Ask a Brazilian and he will tell you Brazil’s best beaches are in the northeast, centered on Fortaleza. Miles of wide and deep white-sand beaches connect little fishing villages and kite surfing outposts.
The opportunity in Iracema is strong. In two months, a major and reputable developer will launch a new condo project called Piazza Coliseu on one of the best plots here. The plans and the show apartment are ready. It will likely be the last week of February before he launches. After Carnival is when the real estate market really heats up.
We can get in now pre-release, with special member pricing and terms.
West of Fortaleza on Brazil’s northeast coast, wide white-sand beaches stretch to the horizon. You can drive for hours along these beaches. Charming fishing villages with cobbled streets and well-maintained town centers sit just off the sand.
Joao Pessoa, in Brazil’s northeast, is surrounded by miles of beautiful beaches. The weather’s warm and sunny year-round. Roughly 75 miles from Recife and 110 miles from Natal, the city is the third oldest in Brazil.
This is where many Brazilians retire (young), vacation and buy second homes. In particular, the city is popular as a retirement destination for senior civil servants. They retire early from their government jobs. Active and healthy, they relocate here to start the next phase of their life.
That’s good news for the businesses of Joao Pessoa. As more of these wealthy young retirees move here, the city’s businesses have more customers. There’s more demand for services—like dentists and cardiologists and financial planners.
Times are good if you own quality office space here.
Greetings from Quito, Ecuador. In a few moments, I leave for the north coast. This is Ecuador’s nicest stretch of coast. We have the opportunity to buy lots here with monthly payments of $500 or less. Because of the new highway we’ll reach the coast by 9.30 a.m. or so. In time for morning ceviche on the beach.
I’m looking forward to seeing the improvements in the coastal highway that runs south to Canoa since I last visited. I’ll send you my full report soon on the infrastructure developments and improvements at the Jama Campay project.
In fact, while the year is winding down…my travel schedule and deal pipeline is filling up. These are exciting times.
What may surprise you is that when most Brazilians vacation at the beach, they don’t go to Rio. Instead, they head to the state of Ceara on Brazil’s northeast coast. It’s Brazil’s top domestic tourist destination.
I’ve been recommending opportunities in Fortaleza in Brazil for the past three years. I’ll tell you about the current real estate opportunity in a moment. First, some background.
Long-time readers of these dispatches will know that I’m bullish on Fortaleza in Northeast Brazil. It’s now three years since RETA members (me included) first got the opportunity to “buy well” here. I’m happy with the units I have purchased.
The first of our units from those early pre-releases will be delivered early next year. That means we need to start making a plan. We will need to decide whether we want to rent short-term or long-term? What vendors and partners will we choose for fit-out and rental management? These are important decisions. They could have a big impact on the yields we generate. Many of you have been asking about my own plans.
The short-term rental market in Fortaleza, Brazil is strong right now. For example, in one recently completed building in the Iracema Beach area (where I’ve visited several times), condos rent for $100 per night.
We’ve been discussing Brazil’s new middle-class status for a long time in International Living. Today I’m going to share a way we can profit from this trend…and it’s probably not something you’re expecting.
Long-time readers of these dispatches will know that I have been recommending opportunities in Fortaleza for the past three years.
We have been able to buy pre-release at special member-only pricing and terms. I have bought multiple units here. I’m happy with my investments. I recently sold a condo I bought on my first trip for $43,500 more than I paid.
And it’s not just me. RETA members have seen strong price appreciation.
It gets better though…
Brazil is bursting with millionaires…and billionaires seem to be created by the month, as are thousands of new or expanded businesses.
No surprise to you. We’ve been discussing Brazil’s new middle-class status for a long time in RETA.
Today I’m going to share a way we can profit from this trend…and it’s probably not something you’re expecting.
Fortaleza in Brazil’s north-east, where the country’s new middle class comes for its beach vacation, is doing particularly well. With over three million visitors each year it has cemented its place as Brazil’s biggest domestic tourism destination.
Wow. A home in a safe, charming beach village for $15,000. This find was an unexpected discovery. It felt like I was drilling for oil and struck gold.
The city of Fortaleza in Brazil is surrounded by hundreds of miles of dazzling, white-sand beaches. Its clear, tropical ocean waters maintain a year-round temperature of 80˚ F. Serving as the glimmering centerpiece for the state of Ceará, this capital city of 3 million people is the number-one domestic tourist destination in Brazil. Fortaleza boasts its own beautiful in-city beaches, buzzing nightlife, and great restaurants.
Today, there is a pocket of opportunity right in the heart of downtown, Fortaleza. I’m talking about an area that has been neglected…but whose fortunes are about to change due to a very ambitious plan.
Attendees at this week’s International Real Estate Investment Forum in Toronto heard about a new deal in Brazil. Brazil is now a middle class country. And it’s bursting with millionaires. More and more Brazilians can afford to retire to chic beach cities like Joao Pessoa.
Finally, a true five-star resort community is coming to the Fortaleza area of Northeast Brazil. It’s been years in the making. In fact, when I visited this part of Brazil over three years ago roads had already been constructed and earth moved for the golf course.
Today, the golf course is open…as is the five-star Dom Pedro Hotel. We can now get in on the first luxury condo pre-release with special member-only pricing and terms.
This truly is a special little beach town. The pace of life is slow…but funky. Cobblestone streets are lined with fishermen’s homes. Blooming flowers crawl over freshly painted exteriors. For a playground, the kids have miles of beach and a soccer ball.
Thirty minutes west of Fortaleza’s glimmering boardwalk is the pretty beach town of Cumbuco. In fact, you can see Fortaleza’s skyline from the beach at Cumbuco. Each time I visit Cumbuco, I am greeted by new parks, squares, trendy beachfront bars, kite surfing shops and posadas. But Cumbuco is still a charming little town with a laid-back feel. I expect it will keep this feel even as development comes.
My husband and I wanted to be ready for an affordable and truly enjoyable retirement. And we wanted it sooner rather than later, too. But being at the tail end of the baby boomers, we knew we had to get ahead of the curve and seek out a retirement spot before the real estate prices got out of reach.
The best beaches in the world are in Brazil. And ask a Brazilian and he’ll tell you that Brazil’s best beaches are here in the northeast. That makes the beach I’m standing on the crème de la crème. Because it’s the nicest stretch in the northeast…nothing but miles of white-sand.
My husband and I wanted to be ready for an affordable and truly enjoyable retirement. And we wanted it sooner rather than later, too. But being at the tail end of the baby boomers, we knew we had to get ahead of the curve and seek out a retirement spot before the real estate prices got out of reach.
Our next scouting trip to Fortaleza takes place this March 23-25. If you are going you’ll be impressed with the opportunity and this stunning stretch of coast. This city is buzzing with enterprise, activity and excitement.
If you missed out on signing up in time for this trip, don’t worry.
I have added another trip. The dates are May 5th-7th. Same drill.
The beach is empty. But the air is full with the sound of crashing surf and a warm breeze that whistles through my fraying Panama hat. I’m spellbound: the white mist…the rich blue of the sky…the fiery yellow sun.
Fortaleza’s glimmering boardwalk is fully built out. Prices have as much as doubled here in the past three years and they continue to rise. This is the place people want to buy. With Brazil’s booming economy (particularly in Fortaleza) lots of Brazilians can afford to. But there’s no more space to build.
Iracema Beach is immediately to the west of Fortaleza’s bustling boardwalk—the tourism, social, entertainment, and high-end real estate center of Fortaleza. Real estate prices have doubled here in the past three years.
Ocean view condos sell for up to $4,500 per square meter. (That’s approximately $450,000 for a 1,000-square-foot condo.) Rentals stay full and charge top dollar. This is where Brazilian millionaires and billionaires own condos; some as big as 5,000 square feet.
Today the boardwalk is fully built out.
Don’t worry. There’s a way we can get in on Fortaleza’s boardwalk at the ground floor.
Minutes from downtown Fortaleza in Brazil, Praia do Futuro is the city’s finest and most popular beach.
I’m facing the ocean. Moon and city light bounces off the breaking waves and the white sand. To my right, three miles of beach opens up. The street market in the middle of the bustling boardwalk is open and it’s buzzing with commerce.
Anything that improves the accessibility of a piece of real estate increases its value. Infrastructure like roads, bridges,
airports, air and rail routes. Anything that improves amenities in an area will also increase real estate values. Amenities
like major resorts, theme parks, and conference centers.You can profit by positioning yourself ahead of the Path of Progress. This report shows you where and how.
The property market in some regions of Brazil is on a tear. In parts of North-East Brazil, for example, I’ve seen the value of some condos increase by 50% in just over two years. Better still, because of the financing here, you can make a small down payment (as little as 1%) to control this condo over the two-year period with an investment of a fraction of the purchase price. This is where I have been investing my money.
Last Wednesday I sent you an invitation for a members-only scouting trip to Fortaleza. …
Fortaleza (and the beach towns to the east and west of the city) is where Brazilians like to vacation. More of them vacation here than in any other place in Brazil.
I’ve put together something special for you now. I’d like to invite you to join a small group of your fellow RETA members in Fortaleza for a members-only scouting trip next February 3rd, 4th and 5th. That’s three full days of visiting the best opportunities in the city, and the beaches to the east and west.
Just offshore, pink and yellow sails full of wind race a Panga parallel to the deep and wide white-sand beach.
The new middle class in Brazil is growing…and spending their newfound wealth. Brazil is booming. And Brazil’s northeast is growing at a faster rate than the rest of the country.
Brazil is fast becoming the bread basket of the world—it’s the largest exporter of coffee, soy, orange juice, beef, chicken, sugar and ethanol. The cerrados, Brazil’s high plains, cover 500 million acres. The USDA has estimated that 400 million acres of this could be opened for crop production. The area yet to be opened for agricultural production is 25% larger that the total crop acreage of the U.S.
Imagine your ideal retirement getaway… Maybe you see the surf of a turquoise sea gently lapping a beautiful sandy beach. Or perhaps you imagine a plush pad in a colonial capital.
Something big is going to happen in Brazil’s real estate market in December…but I wanted to send you this alert today to make sure you have time to be ready to act before the pre-release window closes—and prices rise.
