In recent years, high interest rates have made it increasingly difficult for buy-to-let investors to generate a strong ROI in established markets. As a result, we have conducted extensive due diligence on the best emerging markets that present significant upside—and found that many are located in Latin America.
Against a backdrop of global inflation, Latin America presents an affordable alternative to the U.S. and Europe. Additionally, many of the countries in this region are classed as “developing” economies, meaning there is plenty of room for growth.
Certain cities across the region are enjoying thriving business scenes, booming tourism, and strong demand for property—making them ideal places to invest. From luxurious beachside homes in Uruguay to high-rise apartments in the Panamanian capital, discover a handpicked selection of our strongest investment opportunities across Latin America.
Grand Vitrali—São Paulo, Brazil
Located in the bustling city of São Paulo, Grand Vitrali offers high-rise luxury apartments from just $100,000.
São Paulo is not only Brazil’s largest city, but also the biggest city in the Southern Hemisphere. It is an energetic and exuberant metropolis with more high-rises than New York. Property here remains very affordable compared to other major cities, but the market is set for substantial growth over the next decade—making now the ideal time to invest.
Grand Vitrali is located on Avenida dos Jamaris in the heart of Moema, one of the most desired neighbourhoods in São Paulo. The project is just 3 blocks from Moema Station whilst being close to nature and the city’s cultural centres.
Apartments range from studios to two bedrooms, spread across 27 floors. Residents can also enjoy a range of upscale facilities such as a swimming pool, co-working space, and sauna.
These properties are fully managed as Airbnb rentals by an established onsite team. The studio apartments are particularly profitable, delivering rental yields above 10 per cent. Better still, the completed sister project has proven a great success, boasting 97% occupancy. This makes Grand Vitrali an ideal deal for investors looking for a low-priced, high-yielding opportunity.
Sudeste—Punta del Este, Uruguay
Sudeste lies in the heart of Punta del Este in Uruguay. The coastal city and peninsula is considered one of the most luxurious destinations in South America, yet buyers can very much still bag an affordable deal.
This deluxe development comprises 36 apartments offering wide panoramic views, along with a range of resort-style amenities such as an indoor pool, gym, massage room, solarium, rooftop BBQ, laundry, 24hrs security, and covered parking spaces.
A block away from the ocean and two from the World Trade Center, Sudeste enjoys a prime location in the heart of the city yet close to the sea. It is also within walking distance from the Port and the Yacht Club, and 20 minutes away from the airport.
Known for its iconic skyscrapers, beautiful beaches and glamorous hospitality scene, Punta del Este attracts affluent travellers all year round, but particularly during the high season. Airbnb permitted, these apartments are perfect for those wishing to capitalise on the city’s strong demand for holiday lets.
Loom—Panama City, Panama
With one of the fastest-growing economies in Latin America, Panama is a prime location for property investment. This small country in Central America is classed as an emerging market, offering stability alongside attractive entry prices and plenty of room for growth.
Loom is a residential project located in the popular San Francisco district of Panama City—a trendy neighbourhood with gastronomy at its heart. Schools, parks, shopping malls, restaurants, bookstores, cafes, and shops are all just a few steps away.
Each one-bedroom apartment is fully furnished and offers a modern and stylish finish. In addition, residents can enjoy a range of communal areas including a gym, swimming pool, terrace, lounge and BBQ area.
The project offers full rental management, with Airbnb eligibility, allowing investors to maximise their returns through a combination of short, medium and long-term rentals.
Solar—Playa del Carmen, Mexico
Solar is a stunning new development of fully furnished high-line studios in the heart of Playa del Carmen, in the Mexican Caribbean. The project is just two blocks from the beach and one block from the iconic Fifth Avenue. With its privileged location, guests can enjoy a perfect blend of beach, culture and entertainment.
Solar is a six-story building with commercial retail space below and various other onsite amenities, including a concierge, gym, infinity pool, restaurants, and a sky bar where you can watch the sunset over the Caribbean Sea.
Tourists are attracted to Playa del Carmen by a compelling mix of good weather, spectacular scenery, world-class nature reserves and gorgeous beaches. With tourists latching onto this coastal resort town as one of the next must-see places, development has accelerated and exponential growth is expected right into the next decade. Experts are even predicting that visitor numbers in this blissful resort will surpass those of the mighty Cancún in the coming years—making now the perfect time to get on board.
Has something caught your eye? Get in touch to speak to one of our property consultants.
The post Traversing Latin America: 4 Properties in Emerging Markets appeared first on Benoit Properties.