Becoming the owner of a sun-soaked apartment that earns you between €500 and €1500 per month may sound too good to be true. However, it's not necessarily the case. All you need is to know where to buy and surround yourself with the right professionals. At Alagoas, we guide you in acquiring and managing real estate in Brazil's most tourist-friendly region.
Rethinking real estate investment
In Belgium and its neighboring countries, it's common to take out a 25-year mortgage to buy an apartment, often old, run-down, or poorly located, all at a high cost. This reality can discourage many investors. That's why we (Nieilly and Jason) decided to rethink our real estate investment strategy and turn to Alagoas, a region with incredible potential.
In December 2020, we made our first acquisition, a brand-new apartment offering a pool, gym, reception, covered garage, and incredible proximity to one of Brazil's most beautiful beaches. All of this for just €50,000, including all fees. To date, the value of our property has increased by nearly 50% in just over two years.
Exceptional rental returns
But the real jackpot lies in renting. By using platforms like Airbnb and Booking, we generate between €500 and €1500 per month, equating to an average annual rental return of 15%. We have a holiday home where we can recharge at our leisure, all while receiving a regular income.
The right time to invest
The current situation offers a unique opportunity. The Brazilian real has been at historically low levels since 2020 (as illustrated by this chart by the European Central Bank) which means real estate prices are 5 to 10 times lower than in Belgium.
Additionally, the Alagoas region is experiencing exceptional tourism growth, and prices, along with the value of the Brazilian currency, will only continue to rise in the years to come.
Hassle-free investing
The best part? You can invest in Alagoas yourself, and we're here to guide you. We take care of the entire process, from finding your apartment to purchase, including planning, renovations, maintenance, legal procedures, and monthly rental management. You have nothing to worry about; we handle everything.
Ready to invest in Alagoas, Brazil?
We take care of everything!