![]() ![]() Unlike most Mexican resort towns, this is a real city of about half-a-million people. Its coast is lined by a long boardwalk where, on any given night, the majority of people you encounter are Mexican. Mazatlán is flanked by almost 11 miles of mostly contiguous beaches and warm, swimmable waters. Like Fortaleza, it’s a big domestic tourism destination, offering the unique chance to enjoy the conveniences of city living with sandy beaches on your doorstop. Mazatlán lies 9 miles south of the Tropic of Cancer on Mexico’s Pacific Coast. ![]() However, another city is emerging as a compelling alternative. While Americans spending time in Mexico and investing in its property market is nothing new, most focus their attention on brand-name destinations in the country like Puerto Vallarta and Playa del Carmen, resorts that represent the gold standard of opportunity for a Mexican property investment. Good beachfront options begin at $100,000. Fortaleza’s market appreciated in Brazilian real terms in 2020 but dropped in value almost 16% in dollar terms, creating a buy-on-the-currency-dip opportunity. Ceará in particular is benefitting and a good choice for a rental investment. Beira Mar Avenue is the city’s beating heart, with wide, leafy avenues that extend until they narrow out into small streets.īrazil’s middle class has been growing at a rate of 1% a year, fueling development along its sandy coasts. All over the beaches, you see ever-active Brazilians playing volleyball and soccer, kitesurfing and practicing yoga.įortaleza is also one of the most populated cities in Brazil, meaning big-city amenities to support your life at the beach. Men shimmy up trees on the city beaches to bring down fresh coconuts to sell for their water. Fisherman offer their daily catches from wooden tables set up along the boardwalk. Thanks to recent increases in the numbers of international destinations serviced by the airport here, it’s easier than ever for North Americans and Europeans to discover the merits of Fortaleza, too.įortaleza is a quintessential Brazilian beach town. ![]() Meantime, you can buy a two-bedroom seafront condo in a new building for about $175,000 at the current rate of exchange between the dollar and the Colombian peso.īrazil is a beach-loving nation, and Fortaleza, capital of the state of Ceará in northeastern Brazil, famous for its long stretches of glorious white-sand shores, resorts, restaurants, and vibrant nightlife, is one of the country’s top beach destinations. In 2020, property prices increased by 23% in dollar terms. The energy picks up after sundown, and central Rodadero takes on a party feel, with live music and people of all ages out to socialize. Along El Rodadero’s beachfront is a boardwalk lined with palm trees where people come to walk, exercise, and take in the views. These upgrades have attracted interest from around the world, and tasteful condo projects have sprouted up all along this coast, offering an impressive diversity of beach living options.įestive and friendly El Rodadero, with its longer, wider, better-kept beaches and small-town feel, is the most popular location among expats. New elements have been introduced, as well, and the city now boasts an attractive seafront park, excellent seafood restaurants, cafés, boutique hotels, and even a cruise-ship port. Its downtown has undergone a restoration effort that has revived its Spanish-colonial parks, churches, and homes to their former glory. Today’s Santa Marta is a different story. Fifteen years ago, Santa Marta was a work in progress, rough around the edges in some areas and downright seedy in others. ![]()
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