Tuesday 8 September 2015

Brazilian Real at 13 Year Low to Dollar,Euro,Pound/Investment 55% cheaper.

Brazilian Real at 13 Year Low to Dollar,Euro,Pound/Investment 55% cheaper.

The Brazilian real has been on the steady downturn for the past year(as the graph shows)The rate of depreciation has accelerated these past 2 months and hit record lows against the main global currencies.
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Although this is a troubling situation for the Brazilian government and has lead to significant price hikes on Brazilians travelling abroad,it also means that Brazil has become a much cheaper place to visit.Much cheaper in the region of 55% compared to just 18 months ago!
Not only is Brazil now a great place to spend hard currency as you your dollars go twice as far,it also makes Brazilian realestate investment extremely attractive.
Prices of homes and buildable land are now effectively 55% less in Euro,Dollar and British Pound terms.
For example,you can now buy a 4 bed beachfront condo villa in Natal in the North-East of Brazil for $127,000 dollars.Just 18 months ago it would have cost you double the price in american terms.
                              
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Equally this 130 room beachfront hotel was selling for 40 million reals at the beginning of 2014.The Brazilian Real price remains the same today but in Dollar terms it has dropped from $21 million USD to $10.4 million USD in just 18 months!
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The key to investment gain in the short to long term will be based on Brazil's capacity to bounce back economically and stabilize/strenghten it's currency.The Brazilian Real averaged 1.88 to the dollar from 1993 until 2015.
If the real can return to it's baseline performance vis a vi the dollar,investors stand to make 100% returns on re-sale of their properties in a few years time..this is discounting the potential for property appreciating once the market picks up again.
Any savy investor who makes the move to capitalize on the current situation will very likely reap the rewards when the market corrects itself.
There really has never been a better time to buy property in Brazil.
Please contact me directly to explore the bargains that are just waiting to snapped up!

Mike Smith
BRAZIL Ç€ Real Estate Investment Consultant/
Consultor de Investimento Imobiliário
    Cel:   +55 (84) 9993-8936 
Office:  +55(84) 3345-4406
Email:  mikesmithbrazil@gmail
Skype ID: mikebrazilbeachhouse
My Professional Background: br.linkedin.com/in/mikesmithinbrazil
Follow Me on Twitter: https://twitter.com/mikesmithbrazil
Brazilian Investment Blog; http://investnatalbrazil.com/
Brazil Property Website:  http://www.BrazBeachHouse.com

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