Fortaleza Brazil Best Kept Investment Secret Revealed

Brazil Fortaleza

Property in Brazil is all the talk for international investors but like many countries not all regions are equal and you need to tread carefully when considering a location. I am going to make your investment destination in Brazil easy by suggesting its best to invest in the North East Region of Brazil.

My recent visit to the North East region confirmed that exit strategies were as solid as a rock meaning when it came to sell your investment you have both local and international buyers to sell too.

City of Fortaleza

The northeast Brazilian region of Fortaleza in Ceara is my tip for the place to invest in Brazilian Real Estate . I recently visited the city which for me is the gateway to real estate bargains ideal for international property investors seeking low priced well placed land or real estate. 

Fortaleza, the fifth largest city in Brazil, is the capital of Ceara state. The city and state are located on the northeast coast of Brazil, just south of the Equator. Fortaleza is one of the most popular domestic tourist destinations, and is growing as an international tourist hot spot as well with over 250,000 visitors from abroad in 2009.

The city and its outlying areas have some of the best beaches in the world. The combination of warm, dry weather, great beaches and a modern city make for an ideal place to buy a holiday home or retirement villa, and the area continues to grow in popularity as an investment location.

The coming years should see Fortaleza and the surrounding area become even more popular than they are today.Find Investment property in Brazil

Video of Fortaleza

2 commentsNicholas Marr • January 03 2010 07:38AM

Are Banks The Enemy of Home Owners?

Bank Owned Property

The Florida housing market is of particular interest to overseas property observers like me as it remains one of the most popular places where people would like to buy a second home.

I watched from the UK how the Florida housing market collapsed. We saw Florida home owners who were not in financial difficulty suddenly become competitors in the housing market with banks. This happened when banks offered foreclosed homes at extremely low prices, Florida home owners could not compete. Our website featured homes being offered to our international audience at vastly different prices.

Bank owned 3 bed family homes with a pool for half price. The solvent home owner had no choice but to default even though they could afford their mortgage payments. 

Florida home owners thought "why am I paying a mortgage of X when clearly my property is now only worth X amount"  This for an international observer felt like the housing market crash was not only started by the banks for the reasons we all know but also fuelled by the banks in more ways than one. 

Now a repeat of the situation is about to happen in Spain where the vast majority of property is now bank owned. Spain is one of the most popular places to buy a second home for people from the UK. We now have home owners trying to sell whilst the banks are offering similar properties at 50% lower prices and we know the banks will win.   

0 commentsNicholas Marr • December 21 2009 11:17AM