The largest arts festival in the world takes place in Edinburgh, Scotland, from August 1 to 25. If you haven’t experienced the Fringe Festival before, it turns almost every corner of the city into a performance space for comedians, musicians, actors, and theater groups.
I spend up to two weeks a month scouting out the best real estate opportunities for Pathfinder. It’s part of my job. And I enjoy every minute of it. Because I spend so much time on the road, I’m a huge fan of vacation rentals. I get more space than a hotel room and a lot more privacy. And I get to experience life as a local, buying groceries and eating at cafés and restaurants close by.
If you’re a regular IL reader—or you’ve been following the World Cup hoopla—then you’ve likely heard of the cities of Fortaleza, Natal, and Recife. If you’re not familiar with them, they’re all state capitals in the tropical northeast of Brazil. All are popular tourist destinations for Europeans, although North Americans have been slow to catch on to their delights. All are hosting World Cup games.
InternationalLiving.com’s Brazil correspondent, John Clites, an American who has been living in the country since 2008, reveals his top insider picks for what to see and do in Rio de Janeiro during the FIFA World Cup. Visitors from all over the world will descend on Brazil for the event, which starts on June 12. Most will visit Christ the Redeemer and Sugarloaf Mountain, but Clites offers advice on activities not typically published in guidebooks.
You’re going to the World Cup in Brazil. Yay! But you won’t be watching matches at Maracanã stadium the entire time. What else should you do? Sure, you’ll want to visit Christ the Redeemer and Sugarloaf Mountain. But Rio de Janeiro has so much more to offer, and many activities are inexpensive or even free.
A week ago I told you about pre-release lots at the Fazenda Imperial community to the west of Fortaleza in Northeast Brazil. You can buy a limited number of lots with as little $3,470 down plus 120 monthly payments of just $212.
Last October, I told you about the opportunity to buy a pre-release lot in the Fazenda Imperial gated community. This project is being designed with the growing middle classes of Northeast Brazil in mind. As a reader of these alerts you’ll know that I’m bullish on the new middle class play in this part of the country.
Interest in Brazil is at an all-time high. This month the world’s most famous carnival hits the streets of Rio, and this year’s soccer World Cup and the 2016 Olympic games are being held here. These are great reasons to plan a visit, but there are reasons to stay longer, too…white-sand beaches, pleasant weather, incredible natural beauty, a vibrant culture, diverse and healthy food, and warm and receptive people.
Home to 420,000 people, Florianopolis is often referred to by its residents as “the other Brazil.” For one thing, there is the evident prosperity, from brand-name jeans to the latest-model cars. The streets and sidewalks are clean. Unemployment is low, as is the crime rate. There are parks and pedestrian plazas. And the city is large enough to offer most services that you might need, without the problems of a bigger metropolis.
At Real Estate Trend Alert my beat is to find places where real estate is undervalued and where something is set to happen that means values will increase. I call this “the trigger event.” This trigger event could be a fast-growing, new, middle class or new infrastructure projects that will bring improved accessibility.
Brazil’s national volleyball team trains in Saquarema. You can see some world-class players practicing and competing. Beach volleyball is also extremely popular with amateurs. The most popular tourist stop is the Nossa Senhora de Nazareth church, located atop a hill with sweeping views of both the ocean and the lagoon. It’s a great place to watch the sunsets.
Cariocas, the laid-back residents of sensuous Rio de Janeiro, welcome 1.5-million vacationers a year. But when it’s time for their own vacations, many of them head to the Região dos Lagos, or “Lakes Region,” also known as the Costa do Sul (Southern Coast).
Although GDP slowed to a crawl of just 0.9% last year (hardly too enticing), it is difficult to find a Brazilian who even notices. More Brazilians have jobs than ever before. Wages are rising.
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.
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.
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.
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.
Some things in life are simple. For instance, I do almost all my clothes shopping when stores are running their winter or summer sales. You get exactly the same stuff…only cheaper. If you’re a dedicated fashion follower, this won’t work.
There’s special art to drinking beer in Brazil. One of my favorite haunts is Bar Filial in the Vila Madalena neighborhood of São Paulo.
One story the mainstream has missed is the recent rise in crude oil prices. As I type this, crude-oil futures contracts in New York are selling for $99 a barrel.
São Paulo – what a monster of a city! This was my first impression when I touched down in Guarulhos International Airport in April. This place makes the likes of L.A., Chicago and Toronto look small.
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.
Dividends “pay you” to own a stock…they can give you a regular income and they can help you pick proﬁtable, mature companies that generate lots of cash. My favorite way to “get paid” dividends is in the Brazilian power-generating sector.
The last decade hasn’t been kind to paper assets. Meanwhile, hard assets – such as oil, gold, copper and food commodities – have all been hitting record highs.
Most of the time, the talking heads on CNBC churn out nothing but “noise.” The kind of stuff that’s more likely to cloud your investing outlook than make it any clearer.
A lot of people are worried about the direction of the world right now. Greece looks set to default. China is fending off allegations of securities fraud. And back in the U.S. there are fears of a double-dip recession.
Subscribers to International Living magazine regularly learn of little-known retirement and investment opportunities, like the ones I’m about to reveal—straight from the current issue of the magazine…
There’s a special art to drinking beer in Brazil. One of my favorite haunts is Bar Filial in the Vila Madalena neighborhood of São Paulo. Sit at a table there, and it will be mere seconds before a waiter in a starched white jacket and a black bowtie glides up to you with a tray of recently-pulled draft beers.
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.
I thrive on new adventures and places. I’ve spent time in Asia and Central America, but before moving to Brazil two years ago, I’d never set foot in South America. I’m drawn to dynamic places that have a strong economy and good prospects for the future. Brazil fits this profile.
Macio Mello is about as close to a “rock-star geologist” as you can get. In July 2009, his Brazilian oil- and gas-exploration company had a 277 million barrels of oil equivalent (BOE). In February of this year, thanks to Mellos’ expert geological mapping, it had a 6.6 billion BOE.
Macio Mello is about as close to a “rock-star geologist” as you can get. In July 2009, his Brazilian oil- and gas-exploration company, HRT Participações, had a 277 million barrels of oil equivalent (BOE).
At dawn fishermen gather on Mucuripe beach in Fortaleza, Brazil, waiting to be ferried out to their jangadas, small wooden boats with distinctive triangular sails.
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.
In this video, Dan Prescher reports from Panama with your weekly wrap-up of International Living postcards for the week ending April 16.
It’s not easy to get to the ninth floor of Banco Bradesco’s imposing monolith of an office building in downtown São Paulo. The ninth floor is home to Bradesco BBI, Bradesco’s investment banking
Staring at a chalkboard behind the reception desk at my hotel in Campo Grande last night, my Brazilian friend Renato Roscoe let out an audible “tssst. The board showed Brazil’s currency, the real, at R$1.58 versus the dollar. “It’s hard to keep track these days,” said Renato. “The real keeps getting stronger against the dollar. This is crazy.”