1. BRAZIL
Brazil is a big country made up of many different property markets, some more interesting than others. We recommend focusing on the Fortaleza area. This coastal region is a top destination among Brazilian tourists. Rentals targeting the local holiday market can earn better than 8% net yield reliably.
We also recommend an investment on the beachfront along this coast, where lot prices are a global bargain.
The Brazilian real remains stable against the U.S. dollar and historically weak relative to the rate of 1.6 reals to the dollar of a decade ago. Click here for currency conversions at today’s exchange.
2. THAILAND
We like Thailand for agriculture primarily but think this country deserves attention for its strong economy and expanding tourism industry, as well.
The downside of Thailand is that foreigners are restricted in how they can own property. Foreigners can only own land leasehold in Thailand. A foreigner can hold freehold title to the construction on the land, but, unless your house is portable, you might not take comfort in that.
As a non-Thai person, you can own a condo freehold as long as foreigners don’t make up more than 49% of the ownership of units in the condo building.
For this reason, the condo market is where most foreign investors focus their attention. A condo is also cheaper and easier to manage as a rental than an individual property.
In 2018 and 2019, pre-pandemic, Bangkok was the number-one visited city in the world, receiving more visitors than London or Paris. The tourism industry in Thailand suffered during the pandemic but is slowly recovering… This is your chance to get in on the dip in Bangkok, before it makes its comeback when all those tourists return.
