International Living Magazine visits Fortaleza

2 10 2008

For the third time in five months, our real estate expert, Ronan McMahon, visits Brazil’s northeast coast, where the beachfront deals are the best he has seen.

“The market is moving so fast you can’t afford to blink,” Ronan says. The momentum event of foreign investment is reaching break-neck speed, but it’s not too late for you to get in and profit from this property market. See page 8 of your October issue to find out why Ronan is so bullish about this opportunity.

http://www.internationalliving.com

Earlier comments from Intenational Living about Real Estate in Fortaleza:

But those beachfront profits are nothing compared to what I believe will happen on Brazil’s north coast—specifically, the city of Fortaleza. My developer and investor contacts are already looking at Fortaleza. These guys have cashed in on real estate investments in Ireland, Spain, and France. As opportunities dried up in Europe, they moved to Panama. Now they are focusing on Brazil. Lee Harrison, IL’s roving Latin America editor, sent me his report on a scouting trip he made to Fortaleza. For six years, Lee has scouted all over Latin America looking for beachfront deals. He’s lived here longer than that, first in Ecuador and now in Uruguay.
I’ve never seen Lee so blown away as he was when he returned from Fortaleza. This city is cheap…really cheap.

● Beachfront lots (a 1/3 of an acre) in a tranquil fishing village for $17,640.
● Ocean view lots for $15,000.
● Cliffside condos (a two-minute walk from the beach) for $66,150—including all appliances and furniture.
● A beachfront development with a pool and a gym has two-bedroom
apartments for $120,000.

Until I discovered this region, I had become resigned to the thought that cheap and relatively accessible beachfront was a thing of the past. As far as I’m concerned, Forteleza is the best beachfront buy on the planet right now!

Fortaleza Real Estate – Property in Fortaleza Brazil


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