9 reasons to invest in real estate in Northeast Brazil in 2021

9 reasons to invest in real estate in Northeast Brazil in 2021

Real estate in Northeast Brazil has been on the investor radar for a number of years now. But in 2021, property in the area offers even better value and higher potential for return as well as solid exit strategies. Not convinced? Read on for nine utterly compelling reasons why real estate in Northeast Brazil is a must for 2021.

1. Real estate in Northeast Brazil gets you more for your money

As well as offering exceptional properties for a fraction of the price you’d pay in beach destinations elsewhere, Brazilian real estate comes for more for your money. According to Forbes, “purchasing power for Brazilian real estate is up 32% this year”.

2. Real estate in Northeast Brazil is the best beachfront investment in the world

Live & Invest Overseas ranked Fortaleza, the capital of Ceará, as one of the world’s top five destinations for beachfront investment this year. They chose property in the city for two reasons: it’s a “top choice to buy for part-time personal use and generating cash flow when you’re elsewhere”.

What’s on the market?

Beachfront turnkey villas from just US$183,600 (€156,000) and with over 11% rental return potential. Find out more.

3. Real estate in Northeast Brazil has the best capital appreciation

A successful exit strategy always includes capital appreciation. In Northeast Brazil, properties across the spectrum have excellent potential for growth. For example, land plots in Ceará made returns of over 10% in 2020.

4. Real estate in Northeast Brazil works currency exchange in your favour

Savvy international property investors tap into markets where the exchange rate works in their favour. Brazil is currently one of them. According to Forbes, “Brazil is the overall champ for currency discounts”.

What’s on the market?

Beach resorts land plots from just US$41,500. Find out more.

5. Real estate in Northeast Brazil has huge local demand

The Brazilian property market is currently seeing huge demand for buyers keen to upgrade their primary residences and buy a second home. Ceará has one of the hottest markets in the country – in Q1 this year, mortgage lending jumped 248%.

6. Real estate in Northeast Brazil taps into a growing luxury market

High-end products including property in Ceará have more growth potential than Rio de Janeiro and Sao Paulo. And sales of luxury property in Ceará doubled between April 2020 and March 2021.

What’s on the market?

1-bed duplex loft apartments with private garden from just US$80,750 (€68,550) and with guaranteed net rental return of 7% p.a. for 2 years. Find out more.

7. Real estate in Northeast Brazil is the best investment now

The best property investment happens at the right time. And says Forbes, this year turns out to be the right time to buy in Northeast  Brazil. “2021 is perhaps the best time in our lifetime to buy.”

8. Real estate in Northeast Brazil taps into a sought-after tourist destination

The northeast corner of Brazil is a perennial favourite with holidaymakers looking for sunshine and some of the best beaches in the country. In 2021, the quieter destinations in Ceará, like Flecheiras, will come into their own because 91% of Brazilians are actively looking for quieter holiday destinations in 2021 (booking.com).

9. Real estate in Northeast Brazil has high rental returns

According to the Ceará Civil Construction Association (Sinduscon-CE), rentals in this corner of Northeast Brazil currently offer better returns than any other asset. And you can add to this potential by buying to let with guaranteed returns.

What’s on the market?

Duplex rooftop and garden apartments at Ocean Residences at The Coral from just  US$163,550 (€138,950) and with 6% NET rental income for 3 years. Find out more.

(Sources: Forbes, Live & Invest Overseas, ABECIP, Sinduscon-CE, booking.com)