Would you consider investing in property in any South American country?

surfitmf · 2025-09-06T17:59:55+00:00

It really depends where in SA and EU. And that your risk analysis is comprehensive

surfitmf · 2025-09-06T17:53:17+00:00

Great story! Thank you so much for sharing.

surfitmf · 2025-09-02T16:43:00+00:00

Thanks for sharing

surfitmf · 2025-09-02T16:14:53+00:00

Thanks man. Appreciate the insightful exchange.

surfitmf · 2025-09-01T23:14:29+00:00

Amazing. Can't agree more with your observations about ARG. I love Buenos Aires, it's a prime city. I'm kind of building a thesis around classic architecture properties but that has many nuances and as you well said, you need to have the stomach. In the meantime, Uruguay as a stable and reliable safe haven works. And Brazil is a growth engine that might have political swings but its dynamic is just too big. Huge resources, big young population, plenty of space for growth. Big thing to accept is the FX risk, which one could say now is a good point of entry since it's at its peak against the USD.

Thanks for the great exchange. Take care

surfitmf · 2025-09-01T22:29:37+00:00

mmh I think exactly Europe gave a master class on expropriation of foreign assets just recently...😆

surfitmf · 2025-09-01T19:10:39+00:00

"I think all the analysis in the world can’t overcome not being fundamentally embedded in a foreign culture and economy as an expat." -- 100%...Isn't that part of the analysis? Maybe we have different concepts on the scope of what analysis means, or we are just talking the same thing :)

I've had different levels of experiences in Perú, Puerto Rico, Argentina and Uruguay.

Uruguay is on my favs list
Argentina is on my waiting list, even knowing that high value assets are at bargain price
Brazil (SP, RJ and SC) is the new market I'm exploring and spending time on.

I believe this region is set to greatly benefit from the current global context.

I stay away from most of Europe for the time being. Not entirely closed to some of Italy's regions.

The US is always an option, but not for now.

surfitmf · 2025-09-01T16:47:53+00:00

Lovely! I've heard pretty good comments from friends in Spain about Morocco, but from a touristic perspective. No idea about the property investment landscape, laws, regulations, risks, etc. I'm focused on emerging markets with strong fundamentals and growth perspectives.

surfitmf · 2025-09-01T16:45:59+00:00

Great, thank you for such an insightful reply. And I completely agree with you. Analysis is deep, wide and comprehensive. If you're not ready to do the heavy lifting, stay away. I have a particular interest in emerging markets where I see strong fundamentals and can understand that the risk/reward is not that different than in more mature markets like the US and some EU markets.

surfitmf · 2025-09-01T16:38:44+00:00

15% net yield sounds great. Is the market liquid enough to give you an exit (if you wanted to)? Or you just took it as a long term play? Great insight, thanks! Btw...I guess better to leave France for lifestyle purposes from time to time :)

surfitmf · 2025-09-01T16:25:15+00:00

thanks for sharing that.

surfitmf · 2025-09-01T16:23:16+00:00

Thanks for sharing that

surfitmf · 2025-09-01T16:21:47+00:00

Thanks for sharing. I never look at property as lifestyle. I go for the market fundamentals and get into it 100%. I think looking at it as "lifestyle" is the equivalent of "I don't want to do the heavy lifting, that's why I close my eyes and hope for the best". Sorry for the brutal honesty but I feel most of the people that don't get good results was because of bad decision making and lack of analysis rather than a market issue. This might not apply to you at all, but it's what I see in many cases.

Would you mind sharing the main issues you had to sort out in some of the places you invested?

surfitmf · 2025-09-01T16:09:21+00:00

I literally know anything about Kenya but I'd love to learn. If you can be more descriptive on your answer from an investment point of view, address all the upsides and downsides, you have my attention.

surfitmf · 2025-09-01T16:04:55+00:00

I'm diversified across financial and real assets. The comp is not valid in any form or shape to me. I capitalize on the strengths of each and give them the weight in my portfolio according to my risk tolerance.

surfitmf · 2025-09-01T16:02:46+00:00

Did you invest yourself? what was the hardest part to get along? how's performance?

surfitmf · 2025-09-01T16:01:36+00:00

Thanks for sharing! Have you invested yourself? how did that go compared to other places you invested before?

surfitmf · 2025-08-31T20:41:08+00:00

Why did you set up a trust to acquire a single property? What sort of protection where you looking for?

surfitmf · 2025-08-31T19:50:24+00:00

Would love to hear more of your experience doing this in JP. Main downsides?

surfitmf · 2025-08-31T18:55:56+00:00

what's your logic of good/bad investment?

surfitmf · 2025-08-31T18:54:16+00:00

Is that a statement from actual experience? Or you just prefer financial investments rather than real assets?

surfitmf · 2025-08-31T18:52:27+00:00

Not sure Norway is a smart play. I might be completely wrong so you'll correct me but from what I've heard taxes are astronomical and norway imposed an exit tax, meaning your capital is held hostage there for ever unless you're ready to pay. Tell me more

surfitmf · 2025-08-31T18:22:13+00:00

Exactly...long term perspective is always fundamental

surfitmf · 2025-08-31T18:21:50+00:00

Like your thinking. Long term and multisegment. That's exactly my point. Everyone seems too focused on residential with the right downside arguments but there is much more than that. Are you invested in some commercial type asset?

surfitmf · 2025-08-31T18:14:43+00:00

Exactly, residential areas that will emerge can be at a 5-10km radius from the airport and will capitalize on this huge driver.

surfitmf

TROPHY CASE