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.
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.
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.
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.
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.
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.
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.
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.
Brazil’s biggest real estate opportunities are in the Northeast, centered on Fortaleza. Historically this part of Brazil has been poorer than the more developed south…and real estate prices much lower.
When sizing up a potential real estate location, I always look for one of four strategies that indicate a potential rise in property values.
There’s so much positive news from Fortaleza: A new, 10,500-acre, duty-free zone…a record number of new jobs…air cargo up 68.9%…airport passenger numbers surging 34.5%. This area has outperformed the rest of Brazil for the last 15 years.
Over the last 30 years, IL has focused on affordable real estate overseas, with the potential for appreciation.
I’ve just returned from my sixth scouting trip to Fortaleza, Brazil, in the past 12 months. It was the wettest time of year when I was there—a time that attracts the lowest number of tourists; a time when the hotels should be empty.
During my recent trip to Fortaleza, Brazil–for our Global Real Estate Investment Forum–it occurred to me: There are actually two types of Brazil beach house in Fortaleza.
The average house price in the U.S. is down to $235,000. That’s great news for you.
I have just returned from my fourth scouting trip to northeast Brazil in eight months. Every time I travel here, I spend my time researching investment and business opportunities.
The short-term rental market in Fortaleza, Brazil, is strong. Quality condos (typically, small two-bedroom units) in the Beira Mar area of the city rent for $84 a night in high season and $63 a night in low season.
I have just returned from a scouting trip to Fortaleza on Brazil’s Northeast coast. I hadn’t been there in two months. A lot has happened in this short time.
Hundreds of miles of dazzling, white-sand beaches surround Fortaleza, on Brazil’s Northeast coast. Its clear, tropical ocean waters maintain a year-round temperature of 80˚ F. The capital of the state of Ceará, this city of more than two million people boasts its own beautiful in-city beaches, sizzling nightlife, and great restaurants. It is a hub of activity and a great amenity if you choose to live in the more peaceful fishing villages outside of the city.
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