If you want your money to grow, keeping all your money in your bank account is not the best solution as the value of your money decreases over time due to inflation.
To make your savings grow in a sustainable way, it is advisable to put them in something that does not lose value, but gains it. Real estate investment is a stable solution, provided you choose the area in which you invest carefully.
In Belgium, property prices are high and out of reach for most young investors. However, in Brazil, and more specifically in the Alagoas region, prices are much more affordable and attractive. A modern flat on the beach in Alagoas costs €60,000 and pays a monthly rent of around €800. You can get the same rent for a property in Belgium, but the acquisition cost will be four to six times higher.
In Belgium, it is difficult to find a flat for less than €200,000, especially in the big tourist cities such as Brussels, Antwerp, Ghent or Bruges. To get an attractive return, you often need a large deposit and 20 to 25 years of bank repayments. In addition, the rules for short-term rentals in Brussels are becoming increasingly restrictive.
On the other hand, in Alagoas, the rules are favourable to short-term rentals and will remain so, since tourism is the main source of income for this beautiful Brazilian region. With a tropical climate and a wellness culture, Alagoas attracts a high demand from tourists, both in high and low season, ensuring that your property is rented out as much as possible. It also ensures a profitable return on investment when you sell your property.
The appartments that we search and manage for you have the best locations in the liveliest areas and closest to the busiest beaches, restaurants and bars. As the data fromAirDNA suggests (a platform that compares the potential income from a short-term rental according to the location of the property), the rents collected are almost the same in Ghent as in Maceió. So why would you spend five times more on a property in Belgium than in Alagoas?
And even if your goal is to buy a property in Belgium, either for your primary residence or to rent out, buying a flat in Alagoas, followed by renting and selling a couple of years later, will allow you to build up a deposit more quickly in order to borrow larger sums from your bank.
Property investment in Alagoas is a much more accessible choice than Belgium for investors of all ages looking for a profitable way to make their money work for them. If you are ready to invest in real estate, it is essential to research the regions that offer the best returns and the most affordable prices. Alagoas is one of the regions that meets these criteria.
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