Brazilian weak currency offers opportunity to invest in Brazilian real estate market

Brazilian property prices are currently an attractive investment for foreign investors due to weak Brazilian currency and foreign investment, especially if you are an investor in the UK or US. Given that the Brazilian currency and the dollar are now very weak against the British pound and the US dollar, investors enjoy a bargain on housing prices that is very rare in Brazil.

Recently it has been widely reported that the Brazilian Real has weakened against the British Pound and the US Dollar over the past 12 months (June 2011 – June 2012). For example, in the summer of 2011, foreign investors could receive 1.56 rials per US dollar, however, in today's market and 39, investors can expect to receive two real dollars per dollar.

In terms of housing prices in Brazil, this means that a home valued at approximately $ 200,000 in 2011 cost $ 128,205. In today's market it will be worth $ 39,000.

Based on these figures alone, the strength of the British pound compared to the Brazilian Real means that for British investors looking to invest Brazilian property In fact it is even more affordable and therefore a much more attractive proposition.

Although many see the weakening currency as a negative issue, on the positive side, Brazil's declining value means that Brazilian products are much more valuable for money, which is driving the growth of the whole sector. The Brazilian industry has persuaded.

In turn, the growth of the Brazilian industry increases the level of tourism to Brazil and the tourists who are attracted to Brazil to buy cheap products. What this means for the Brazilian real estate market is that commercial real estate is attractive to investors. Due to tourism, the need for hotels and holiday homes has arisen and foreign investors can increase the value of Brazilian real estate by buying and selling private and commercial real estate and housing.

In 2011 alone, the Brazilian Ministry of Tourism and 5.5 million visitors reported that this number had increased significantly in 2010. In the wake of this growth, a number of large land and property chain hotels have acquired land throughout Brazil. Tourism levels appear to be increasing due to major sporting events coming off the coast of Brazil in 2014 and 2016.

This level of investment means that the Brazilian construction industry and housing development companies are also seeing an increase in the level of work available to them.