When an easy-to-obtain visa and ideal weather conditions join, they provide the perfect scenario for buy-to-let investment. This perhaps unexpected combination comes together in Ceará with the Brazilian digital nomad visa and kitesurf. As a result, the state is now a magnet for both sporty remote workers and property investment.
Ideal conditions
Remote working has never been more popular and its younger advocates travel the world visiting different locations. Over the last few months, Ceará has appeared on their radar as a top spot in the world to work and play.
Easy visa
Brazil was one of the first countries in the world to perceive the advantages of offering a visa specifically for remote workers. Consequently, it introduced the Brazilian digital nomad visa, whose qualifying conditions are straightforward and its paperwork easy.
As a result, Brazil is one of the most popular places in the world for remote workers. Not for nothing did Insider rank it among the top places in the world “hitting the sweet spot” for US expats.
Perfect weather
Ceará has unique conditions for wind and kite surf, sports that turn out to be favourites with digital nomads. The state is so popular that the Diario de Nordeste broadsheet recently called it “a place of honour” for people who adopt the remote working lifestyle and love sports such as kitesurfing.
Investment for Brazilian digital nomads
One of the consequences of these ideal conditions is the growing investment in accommodation for remote workers. Digital nomads seek temporary homes with space to work, a reliable internet connection and easy access to their sporting activities.
Hotels and holiday lets on the beaches in Ceará tick these boxes. Even more so if the accommodation gives the digital nomads access to a community of like-minded travellers and somewhere to meet them.
Perfect combo at The Coral
At the resort on the pristine sandy beach at Guajirú on the Ceará coastline, digital nomads find exactly what they’re looking for. The choice of holiday let accommodation includes loft apartments, duplex homes and villas, all spacious and with internet and air conditioning.
The Coral has numerous facilities, including 24-hour security and a concierge service. However, the most interesting for digital nomads is Ocean Lounge Beach Club and the kitesurf school attached to it.
Ocean Kite Club run by GKC opened in June this year and has Brazilian Kite Association accreditation. The Club hosted a major kitesurf event this summer and offers classes and equipment hire for residents at The Coral.
Investment opportunities
The combination of an easy digital nomad visa and perfect kitesurfing conditions found in Ceará open the doors even wider for investment potential at The Coral. Remote workers constitute a niche market for buy-to-let properties, enhancing the returns for these investments.
Many properties at The Coral are already built and rental-ready and come with a proven record of successful holiday lets. Investment options start at just US$105,000 and returns range from 6% (guaranteed) to an estimated 12.9% a year.
