• 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

U.S. Dollar Surging Against Euro, Colombian Peso, Brazilian Real, And Chilean Peso

Live And Invest Overseas by Live And Invest Overseas
Feb 09, 2015
in Brazil, Chile, Colombia, Real Estate, Spain
0
a messy pile of dollar bills
216
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

U.S. Dollar On A Tear—Now Is The Best Time In 10 Years To Be Buying Property Overseas

The U.S. dollar has been on an upward tear lately after years of decline, making now the best time in a decade to purchase real estate overseas.

Whether or not you see the dollar failing in the future is irrelevant. Right now, Americans and other dollar-holders enjoy what amounts to a whopping discount on international property valued in particular other currencies. The savings can easily amount to tens of thousands of dollars and more.

To say predicting currency exchange rates is tough would be an understatement, so I don’t try. However, I also know enough to respond when opportunity is banging my door down. I’m a dollar investor. That means key markets are more affordable for me right now than they’ve been in years. I intend to act. I strongly recommend you consider doing the same. If you’ve been on the sidelines, considering an investment in real estate overseas, this is the time to pull the trigger.

Specifically, several of our favorite markets are offering what amount to clearance sales thanks to today’s favorable exchange rates.

Already Undervalued, Colombia Is Now Trading At A 34% Currency Discount

The city of Medellín offers the best lifestyle we’ve seen for your property-purchase dollar. Even now that the mainstream buyer and traveler are finally beginning to focus on Medellín—and expats are moving to this city in significant numbers—its negative stereotype of 30 years ago is still keeping prices down.

In Medellín today, you can enjoy a First World setting, with clean, safe, and shady streets, fine dining, and charming outdoor cafes, at prices that we haven’t seen since 2006.

The Catay area in Medellín’s El Poblado is heavily wooded and crossed by a rushing stream. The apartments in this neighborhood are a blend of new and older luxury units. On the market today, for example, is a two-bedroom, two-bath condo with a roomy 125 square meters (1,345 square feet) of living space for an asking price 340 million Colombian pesos. Here’s how that works out given today’s rate of exchange between the U.S. dollar and the Colombian peso:2013 Price: US$193,200
February 2015 Price: US$144,200
Currency Discount: US$49,000

Cali, Colombia, averages warmer weather than Medellín, and some of its neighborhoods offer a great expat lifestyle at prices lower than most anywhere in Latin America at the current rate of exchange. The Granada neighborhood is one of our favorites, with its restaurants, cafes, and clubs. Here you can buy a large, 121-square-meter (1,300-square-foot) apartment with three bedrooms and three baths for 235 million Colombian pesos.2013 Price: US$133,500
February 2015 Price: US$99,700
Currency Discount: US$33,800

  • The Catay area in Medellín’s El Poblado is heavily wooded and crossed by a rushing stream. The apartments in this neighborhood are a blend of new and older luxury units. On the market today, for example, is a two-bedroom, two-bath condo with a roomy 125 square meters (1,345 square feet) of living space for an asking price 340 million Colombian pesos. Here’s how that works out given today’s rate of exchange between the U.S. dollar and the Colombian peso:2013 Price: US$193,200
    February 2015 Price: US$144,200
    Currency Discount: US$49,000
  • Cali, Colombia, averages warmer weather than Medellín, and some of its neighborhoods offer a great expat lifestyle at prices lower than most anywhere in Latin America at the current rate of exchange. The Granada neighborhood is one of our favorites, with its restaurants, cafes, and clubs. Here you can buy a large, 121-square-meter (1,300-square-foot) apartment with three bedrooms and three baths for 235 million Colombian pesos.2013 Price: US$133,500
    February 2015 Price: US$99,700
    Currency Discount: US$33,800

Chile: Latin America’s Cadillac Destination Offers The First World For 27% Off

Chile amounts to a first-rate venue. The quality of life on offer in this country is as good as it gets in Latin America. Chile offers modern, First World infrastructure, a high standard of living, low levels of corruption, a strong economy, and business- and entrepreneur-friendly policies.

Chile also offers the expat many and diverse lifestyle options. This country spans 2,650 miles from north to south and boasts an amazing array of climates and geography from sea resorts and small ocean-side villages to the mountains of the lake district and the sophisticated scene of Santiago.

  • Santiago’s Barrio Italia is one of our favorite neighborhoods, with its shady streets and old homes mixed with upscale restaurants, sidewalk cafes, and exclusive boutiques. Just down the street from our Chile correspondent’s apartment, we found a newer condo with two bedrooms, two baths, and 75 square meters (810 square feet) of living area. Also, important in Santiago, it’s close to a metro (subway) station, connecting you to the whole city. The property is listed for 174 million Chilean pesos.2013 Price: US$354,000
    February 2015 Price: US$279,000
    Currency Discount: US$75,000
  • Viña del Mar is Chile’s premier seaside resort, drawing visitors from all over the country and around the world. In Viña del Mar, we found a three-bedroom, two-bath apartment with 100 square meters (1,080 square feet) of living area and ocean views listed at 116 million Chilean pesos.2013 Price: US$241,700
    February 2015 Price: US$190,500
    Currency Discount: US$51,200

Spain Has Turned Around… And Now The Strong Dollar Is Helping Out

Spain has long been one of the world’s most sought-after property destinations thanks to its great weather, relatively low cost of living, and friendly atmosphere. This country was hit particularly hard by the last recession, and savvy property buyers have been watching closely for signs of a turnaround.

Now the official data on property sales show that the recovery is in progress… and buyers and investors are making their moves.

In fact, Spain offers two reasons to buy: We’re this side of the bottom… and the dollar has climbed about 15% against the euro since early 2013, giving the U.S. dollar-holder additional buying power.

  • For example, a three-bedroom, two-bath apartment in Barcelona, with 95 square meters (1,020 square feet) of living area, has two terraces for an additional 38 square meters (409 square feet), from which you can enjoy the sea views. The asking price is 170,000 euros.2013 Price: US$232,000
    February 2015 Price: US$192,000
    Currency Discount: US$40,000
  • In the beachfront town of La Cala de Mijas, Málaga, a two-bedroom, two-bath apartment with 85 square meters (915 square feet) of living space plus an additional 129 square feet of terrace is on offer, completely furnished. It belongs to a complex with pools, tennis courts, and a brisk rental market. The asking price is 145,000 euros.2013 Price: US$197,900
    February 2015 Price: US$164,000
    Currency Discount: US$33,900

Exciting, Romantic, And Diverse—Brazil Now Offers An Additional 33% Currency Advantage To U.S. Dollar-Holders

If you’ve ever dreamed about the romance of Brazil, with its thousands of miles of beautiful beaches, fascinating culture, excellent food, and warm, friendly people, then take note. Right now is your best opportunity to buy in years.

Bigger than the continental United States, Brazil offers a wide range of climates and cultures, from the mountainous wine region in the south with its strong German influence to the country’s Reggae capital of São Luis in the north with its strong French and African influences.

  • Fortaleza is one of our favorite cities in Brazil, the “gleaming centerpiece” of Brazil’s northeast coast. On offer right now in Fortaleza’s beachside neighborhood of Meireles is a 67-square-meter (721-square-foot) condo with two bedrooms and two baths. The asking price is 380,000 Brazilian reals.2013 Price: US$187,200
    February 2015 Price: US$140,700
    Currency Discount: US$46,500
  • Maceió is one of Brazil’s most popular beachside cities. It’s relatively small (by Brazilian state capital standards) but offers everything the expat or second homeowner could want in city amenities. Barra du São Miguel lies just south of Maceió, and here you can buy a three-bedroom, three-bath ocean-view house with 191 square meters (2,055 square feet) of living space, plus a pool and garage. The asking price is 280,000 Brazilian reals.2013 Price: US$137,900
    February 2015 Price: US$103,700
    Currency Discount: US$34,200

I’ll say it one more time: If you’ve been thinking of making an overseas property purchase, now is the best time in years to make your move.

Lee Harrison

 

Tags: 'Brazil''Chile''Colombia''Lee Harrison''Property In Spain'brazilian real exchange ratechilean peso exchange ratecolombian peso exchange rateEuro Exchange RateProperty In Brazilproperty in chileProperty In ColombiaSpain'
Share86Tweet54
Previous Post

Financing The Purchase Of Property Overseas

Next Post

One More Reason To Get Up And Get Going Right Now

Live And Invest Overseas

Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

Related Posts

Porto, Portugal
Argentina

Where (And Why) Should You Buy Property Overseas In 2022?

by Live And Invest Overseas
June 15, 2022
0

Most people think that purchasing real estate overseas is about having a second home to go to when you want...

Read more
Quaint colorful houses of the Alsatian city of Colmar, France

How To Tell If You’ve Found Your Ideal Home Overseas

June 14, 2022
Serene street in Colonial Zone of Santo Domingo, Dominican Republic

8 Things You Need To Know About Bank Financing Overseas

June 13, 2022
View of Ponta Verde in Maceio, Alagoas, Northeast of Brazil

Investing In International Real Estate

June 12, 2022
General view of apartments for rent in Portimao, Algarve, Portugal

The Best Property Deals To Expand Your Portfolio Offshore

June 10, 2022
An image of Medellin, Colombia to the left and Cuenca, Ecuador to the right

Expat Life In Medellín, Colombia Vs. Cuenca, Ecuador

June 8, 2022
Copacabana beach in Rio de Janeiro, Brazil.

The Top Countries With Favorable Exchange Rates

June 7, 2022
Next Post
visa costs

One More Reason To Get Up And Get Going Right Now

Start Your New Life Today, Overseas

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.







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.

Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

The World’s Best Places To Be In 2022?

Discover Them Here…