Plus: Banking In Uruguay | Getting Your Money Out Of Ecuador Uruguay still leads the pack for a large number of overseas property buyers, with good reason. In many ways the Montevideo neighborhood of Punta Carretas exemplifies what brings people to Uruguay and why they stay. Since 2004, Uruguay’s property market has been one of […]
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“Imagine yourself sitting on this veranda each afternoon, watching the sun sink into the horizon straight out there,” said my real estate agent. “The orientation of this unit couldn’t be better.” I glanced down at my compass—something I always carry when looking at real estate—and saw we were facing south. That doesn’t bode well for
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During the past eight years, I’ve spent hundreds of days and thousands of car miles traveling in Northeast Brazil—the region extending from the state of Bahia in the south, to the city of São Luís in the north. Everyone has their favorite city in the Northeast, the most popular of which include Salvador, João Pessoa,
Amazing City Life, Great Beaches, And Deep Blue Waters Read More »
US$1=R$2.24 Brazilian reais, Palm-studded sandy beaches, warm turquoise waters, and a great property market…this pretty much sums up my first impression of Maceió, Brazil. And after spending a few days in this city, it only got better as we explored the fine dining, beachside bars, and the wild and beautiful coast that runs north and
Sandy Beaches, Warm Waters, And Great Property Buys Read More »
US$1=1,904 Colombian pesos Dear Overseas Property Alert reader, Capital gains of 10%…rental income of another 6%…and developer co-investment returns of up to 22% annually. These are the numbers that caught my attention for this property in Bogota. Let me give you the details. Colombia is the third largest economy in Latin America, after Brazil and
Four investment options in this expanding market Read More »
April 29, 2014 Granada, Nicaragua Property in Nicaragua trades in U.S. dollars Dear Overseas Property Alert Reader, Many of us dream of living in a Spanish colonial city…and of owning a Spanish colonial home, with its high ceilings, painted tiles, and a private center courtyard. If you count yourself among this growing number, then you’ll
April 1, 2014 Cali, Colombia Dear Overseas Property Alert Reader, My recent trip to Cali, Colombia, brought the most pleasant surprise of the past five years. The weather was great, the city was fun, the restaurants and nightlife awesome, and the people welcoming, open, and friendly. Best of all, I saw rock-bottom prices—some of the
Earn a hassle-free 10% rental yield in this emerging rental market Read More »
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The real estate market in Cali, Colombia, is the most exciting scene I’ve witnessed in a long time. This is an attractive city, with low property prices, a low cost of living, low cost of ownership, and high rental returns. Best of all, prices start at less than US$66,000 for a nice apartment in one
Bargain properties, great lifestyle, and a low cost of living Read More »
After spending six years flying with the U.S. Navy, Lee completed a successful 30-year career in the nuclear power industry. Taking advantage of a post-merger early retirement offer, he left the United States in 2001 at age 49 and retired to Cuenca, Ecuador. Since that time, Lee has enjoyed properties in Ecuador, Nicaragua, Uruguay, Colombia,