The Euro-Real exchange rate is low due to bad weather in southern Brazil

29 May 2024 by
The Euro-Real exchange rate is low due to bad weather in southern Brazil
Jason Aerts

The recent floods in Rio Grande do Sul have led to a drop in the Euro-Real exchange rate, creating a unique opportunity for foreign investors to acquire real estate in Brazil at attractive prices.

While the bad weather has severely affected the south of the country, it is important to note that it has had no impact on the Alagoas region, located in the northeast. This area, known for its paradisiacal beaches and sunny climate all year round, is experiencing significant economic growth and is attracting more and more real estate investors.

Why invest in Alagoas?

  • Attractive prices: Thanks to the drop in the Euro-Real exchange rate, the prices of apartments, new or old, have become even more affordable for foreign investors.
  • High profitability: The rental market in Alagoas is very dynamic, with high demand for quality apartments. This means you can expect a high rental yield on your investment.
  • Thriving tourism: The Alagoas region is an increasingly popular tourist destination, which boosts the demand for seasonal rentals.
  • Exceptional quality of life: Alagoas offers an idyllic living environment, with its fine sandy beaches, turquoise waters, and tropical climate.

Advantages when buying an apartment under construction:

You have the choice of buying an already built apartment or one under construction. The latter case offers several advantages: you benefit from modern construction that meets the latest standards, a ten-year warranty, and reduced notary fees. 

You also have the possibility to pay in several installments without interest: many real estate developers offer staggered payment plans over several years, without interest. This allows you to spread the cost of the investment and make it more accessible to a larger number of buyers.


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