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.
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