Currency: Brazilian real (BRL) Exchange Rate: R$5.23 per US$1 Currency exchange controls: Yes Brazil is the overall champ for currency discounts, where buying power was up 32% at the close of 2020, and has doubled since 2015. This country is exciting, romantic, and diverse. It stands apart among its Latin American neighbors as its culture […]
Finally, after months of due diligence and negotiation, dozens of calls and even more emails, the deals for my 2021 Global Property Virtual Summit taking place later this month are set. These are private offerings across a dozen markets and including more than 24 deals. Yesterday, for example, I was able to secure an attendee-only […]
One important factor that makes Brazil particularly attractive to North Americans today is the extraordinary currency advantage. Right now, the dollar is trading at over 5 Brazilian reais. That means that everything from eating out to staying at a hotel to buying property comes at a significant discount. But these low property prices we’re seeing […]
Once an overlooked European outpost, Cyprus has begun an ambitious rebranding in recent years… New hotels are popping up along its golden-sand beaches—luxury marinas, five-star resorts, world-class golf courses, and casinos (including the largest in Europe). These mega-amenities are set to open in
International Real Estate As An Investment A piece of real estate anywhere in the world is a real asset that you control and that, barring some act of God, can’t disappear altogether. Further, buy right, and your property investment can grow in value and deliver reliable cash flow. Certainly, if you’ve bought right, with an eye [...]
In Medellín, Colombia, Manila has long been the undiscovered treasure of the city’s upscale El Poblado sector. On its shady, tree-lined streets, you’ll find a mixture of houses, mom-and-pop businesses, and more than its share of nice restaurants and cafés. One of El Poblado’s smallest neighborhoods, the walkable Manila is one of the last barrios […]
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