Are you thinking of buying a beach house in Brazil in 2021 ?
If so you have picked the right decade, year and moment as there has literally never been a better time to buy a property in Brazil. Brazil Beach House has seen a big upturn in demand from foreign house buyers in Brazil over the past 12 months and this is in large part down to the Brazilian exchange rate which has tumbled over 40% since the beginning of 2020 and continues to slide to the US Dollar, Euro and British Pound.
Looking back to mid 2019 the exchange rate was hovering at 3.7 Reals to the Dollar. Today on January 11th 2021 we are at 5.4 which is a depreciation of 68%! Simply put, your 100,000 USD is today worth 540,000 reals compared to 370,000 reals just 18 months ago. This gives you a considerably increased bang for your buck and allows you to snap up a real Brazilian beach house bargain.
Brazil still has the spectacular beaches ,tropical rain forests,colourful,vibrant culture and warm loving people. It just happens to be a lot cheaper to visit and buy a lifestyle property there right now.
Yes you say, but what about the Corona Virus in Brazil?
It cannot be denied that Brazil is among the countries hardest hit by the virus. The government have grappled with the issue and have come up short in many respects but Brazil has not imposed the more severe personal restrictions on movement and personal freedoms.The vaccine is now being administered the country remains open for business, travel is still possible and Brazilians are generally following the rules on social distancing and mask wearing.
In spite of the pandemic,the Brazilian real estate market saw a big domestic surge in demand in the second half of 2020 as record low interest rates fuelled mortgage lending. The Brazilian luxury beach home sector also saw a big rise in sales as people began to re-assess their lifestyles, move away from the crowded cities and opt for more space,cleaner air and beautiful nature.
This trend is set to continue for 2021 so best to jump in while your dollars,euros or pounds remain strong.
I look forward to welcoming you to Brazil Beach House and showing you what you can buy on the beach in Brazil.
Mike Smith - RE Broker in Brazil - 2021
http://www.brazilbeachhouse.com/
Whatsapp; 55 84 99993 8936
