Brazilian property purchases in Orlando surged 38% between May and August 2020 compared to the previous year, despite pandemic restrictions. “In the early pandemic phase, we anticipated declining interest, but the international market showed the opposite,” noted commercial director Dominic Pickering at The Grove Resort & Water Park.
Most Brazilian investors acquire vacation properties as investment vehicles with professional management through short-term rental programs. These arrangements provide dual benefits: personal vacation usage and dollar-denominated rental income when unoccupied. Furnished two and three-bedroom units begin at $376,900, with daily rental rates averaging $200 during low season and $300 during peak periods.
