January 2024
The current exchange rate between the euro and the Brazilian real is favourable, with €1 equivalent to 5.38 reais.
A modern flat near the sea in Maceió can currently be bought for as little as 320,000 reais, which works out at around €60,000 at the current exchange rate. However, the value of the Euro against the Real has been falling since Covid, when €1 was worth around 6RS, meaning that the same 320,000 reais flat could be bought in 2020 for just €53,000.
If the value of the real continues to fall against the euro, the flat could cost €65,000 in the next three months. So now is a good time to invest in property at a low price.
Why this decrease?
This fall in the real's value can be attributed to a variety of economic factors. For savvy investors, a weaker currency can represent a unique opportunity. Currencies that are temporarily falling in value offer a potential advantage to investors, because when their value rises again, the gains can be significant.
Investing in Alagoas
At Alagoas, our mission is to help you make the most profitable investment. We offer you the opportunity to buy a little piece of paradise for your getaways and even rent it out when you're not there. It's a smart strategy for making solid profits while enjoying your own exotic retreat.
Don't miss out on this golden opportunity. Invest in Brazil now and create unforgettable memories in a beautiful place that can also be an excellent long-term investment.