• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result
Home Countries Brazil

Global Property Market At A Bargain

Lief Simon by Lief Simon
Sep 11, 2015
in Brazil, Chile, Colombia, How to, Portugal, Real Estate
0
Property Market At A Bargain
209
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

A Market For Buying

The currency gods have conspired against the doom-and-gloomers who have been predicting (even, it seems to me sometimes, demanding) the demise of the U.S. dollar. The dollar continues to appreciate against many currencies, including the currencies of commodity-producing countries such as Colombia, Brazil, Canada, Australia, Chile, and New Zealand. Over the last 30 days, the U.S. dollar has rallied further against these currencies, augmenting close to a year’s worth of steady appreciation.

The opportunity this has created for us global property investors is enormous.

You have the chance of your lifetime right now to diversify your real estate portfolio by picking up some absolute bargains. I’m acting as quickly as I can.

A real estate colleague in Colombia reports that August was his best sales month in 11 years doing business in that country. He’s selling properties to U.S.-dollar buyers within 24 and 48 hours of listing them. He contacted me to ask if I were interested in selling my apartment in Medellín. If so, he has a buyer, he says. I told him my apartment isn’t for sale.

In today’s Colombia, I’m not a seller. I’m a buyer. I’m clearing my desk to make time to pay more attention to certain markets, including Medellín, Colombia, where I want to be able to pull the trigger on additional investments as soon as possible.

Earlier this summer, I bought an apartment in Portugal. I was keen to take advantage of the dollar’s strength versus the euro… I had a trip planned to Portugal… so, while there (for a conference I hosted in July), I acted. I looked at a dozen apartments over two days and agreed the terms for the purchase of one of them before leaving the country. I don’t always act so quickly, but I knew I wouldn’t have time to be back in Portugal anytime soon. It was then or never… and the weak euro combined with the down market and low prices in Portugal was too great a chance to miss.

In August, I traveled to Ireland, where, again, I was tempted by the weak currency and the low prices in parts of that country. I’m pursuing the idea of buying in County Waterford.

Meantime, back in Panama this month, my attention has been grabbed by the currency opportunities in Colombia, Brazil, and Chile, which are even greater than when I left this part of the world in June.

The challenge is deciding where to focus. The interesting, even once-in-a-lifetime opportunities are almost too many to keep up with. Meantime, time and available capital are limited.

Considering current opportunities in the Americas, the easiest thing for me would be to buy another apartment in Medellín. I have a personal infrastructure in that city, including a great attorney and other contacts who could help me find and follow through on a purchase efficiently. However, I’m currently generally more interested in agricultural land, and land for reforestation in parts of Colombia can be bought at today’s exchange rate for about US$150 a hectare. Of course, you then have to spend the money to plant and manage the trees, but the land opportunity is tempting.

The U.S. dollar is stronger in Brazil than it was when I first recommended buying in Rio more than a dozen years ago. Of course, prices in Rio have appreciated over the last 12 years, but the better than 50% currency discount means you can buy into this market for less in U.S. dollar prices today than at any time in the past 5 years.

On the other hand, Brazil is a complicated market that I’ve avoided for that reason. I’d say that you have other options that, though they don’t offer as dramatic a currency discount, come without the Brazil hassle factors.

Among them are Chile, another place where you could buy farmland at a nice discount thanks to the currency depreciation; New Zealand, interesting for both agriculture and rental properties (note, too, that this country imposes no capital gains taxes on real estate); and Malaysia, where you can buy at a 20% discount compared with this time last year. Kuala Lumpur offers decent rental yields.

While I never bought into the rhetoric of the “demise of the dollar” pundits, I don’t expect the dollar to stay as strong as it is right now against so many currencies forever. Eventually something will happen to strengthen the currencies of the commodity countries against the U.S. dollar. Could be increased demand for their commodity exports or could be the collapse of the U.S. dollar under the weight of government debt in America. The reason doesn’t matter.

The point is that you have a window of opportunity today to invest in many interesting markets at a discount. Great time to be a buyer.

Lief Simon

 

Continue Reading: Should I Still Retire To Ecuador?

Tags: invest brazilinvest chileinvest Colombiainvest EuropeLief Simonproperty in AlgarveProperty In Brazilproperty in chileProperty In ColombiaProperty In Europeproperty in portugal
Share84Tweet52
Previous Post

Should I Still Retire To Ecuador?

Next Post

10 World-Class Fishing Destinations

Lief Simon

Lief Simon

Lief Simon has lived and worked on five continents and traveled to more than 60 countries. In his long career as a global property investor, Lief has also managed multimillion-dollar portfolios of rental properties, for others and for himself. He offers advice on international diversification in his twice-weekly Offshore Living Letter and monthly Simon Letter dispatches.

Related Posts

Beautiful panorama over the cityscape of Camara de Lobos in Madeira island, Portugal
How to

Keep Your Money From The IRS With Overseas Real Estate

by Kathleen Peddicord
May 15, 2022
0

8938. That is the number of the IRS form you have to fill out to report foreign financial assets. If...

Read more
Scenic view of traditional cycladic houses on small street with flowers in foreground, Oia village, Santorini, Greece.

Questions You Must Ask Before Buying A Home Overseas

May 12, 2022
Cefalu is city in Italian Metropolitan City of Palermo located on Tyrrhenian coast of Sicily, Italy

Find Out How To Buy Real Estate Overseas For Cash Flow

May 11, 2022
View of Puerto Vallarta city

Top 10 Reasons To Buy Property In Mexico Today

May 2, 2022
roup of rock formations in beautiful beach on a sunny day in Portugal

Why Moving To Portugal Should Be The Next Thing You Do

April 22, 2022
A cobblestone street in the Algarve, Portugal with colorful houses and red flowers

The Top Tips To Live In Portugal From Expats Themselves

April 21, 2022
Ferragudo, Algarve, Portugal

How One Couple Discovered A Great New Life In Algarve

April 21, 2022
Next Post
10 World-Class Fishing Destinations

10 World-Class Fishing Destinations

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

Get Your Free Portugal Report Today!

​​Simply enter your email address below and we'll send you our ​FREE REPORT — Portugal: The World’s #1 Retirement Haven.

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2022

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

The World’s Best Places To Be In 2022?

Discover Them Here…

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

Get Your Free ​Portugal Report Today!
 

​​Learn more about ​​PORTUGAL ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT — Portugal — The World’s Number #1 Retirement Haven