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How has the Covid 19 Pandemic impacted the Real Estate Market in Rio de Janeiro ?

10 June 2021

Bloomberg, news agency for the entire world, based in New York, explains to the readers the boom in the Real Estate Market in Rio de Janeiro, specifically for foreign clients.

"They say 'Fred, find me something now! I need to send the money at this moment,' says Frederic Cockenpot, CEO of WhereInRio, a real estate company in Rio de Janeiro that caters to the demands of international buyers." (second paragraph of the Bloomberg report)

This happens because of the consequences that the pandemic has triggered in the Brazilian political and economic scenario, such as a 21% devaluation of the real. Thus, investors from other countries have seen opportunities not only to undertake business in the “Cidade Maravilhosa”, but also to live here.

Below we make available the news from Bloomberg with participation of Frederic, our CEO; for more information and details about the current market moment, just click on the logo of the company and you will be directed immediately to the article!

Read the full article at Bloomberg:
Rio’s Foreign Property Investors Score Deals on Currency Woes

Other articles about the subject:

Brazil's Luxury Real Estate sees boom during pandemic

Covid-19 Post Pandemic: Investing in Real State is more attractive than ever before

You might also be interested in the following subjects:

How To Get a golden visa in Brazil by investing in real estate ?
How to buy a pre construction property in Rio de Janeiro ?
Why invest in pre construction sales in Rio de Janeiro ?

In case of doubts or interest in investing in the real estate market of Rio de Janeiro, WhereInRio's team is available to assist you!

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