The Keys To Investing In Brazil Luxury Real Estate
Thinking of buying or selling in Brazil? We give you the best tips to invest in Brazil Luxury Real Estate. Can you hear the drums playing in your head yet?
Are you looking to settle into the Brazilian Eldorado? This buying guide* gives you the most important keys to successfully invest in Brazil luxury real estate
Brazil… First thing that comes to our mind when we think about this Latin American country is beaches, soccer, the Rio de Janeiro carnival or more fun things. The dreamy beaches attract us in the first place, and the kindness of the people convinces us to stay. Samba, capoeira and more winding dances echo in our mind, calling us into the far land. Rio de Janeiro, Sao Paolo or more hidden haven? Debate is over because we already love them all!
Are you looking to settle into the Brazilian Eldorado? Following our insight into Austria luxury real estate, this buying guide* gives you the most important keys to successfully invest in Brazil luxury real estate. Our series of buying guides are designed per country and available for more than 15 countries already, including Russia, France and India. Reserved to our Members, we give you an exclusive preview into our Brazil Buying Guide.
How does the real estate market look like in Brazil right now?
Considering the opposition between Brazil two biggest cities, Rio de Janeiro and Sao Paolo real estate markets demonstrate similar prices. The average price per square meter is around EUR 2,600-2,700 for both cities. A boost is expected on the markets, with two major international sports event ahead: the 2014 FIFA World Cup and 2016 Summer Olympic Games.
How is the tax and legal framework surrounding real estate in Brazil?
Taxes on property in Brazil are various, and it is easy to get mixed up. Taxes include: an annual variable tax, a tax on any acquisition of real estate, and a tax on capital gains if you make profit while selling your property. Additional taxes may also apply. Keep in mind you will need the help of a professional here.
But really, how do you buy a property in Brazil?
Buying a luxury property in Brazil usually works in three steps. It starts with a preliminary analysis of all necessary documents and else by your lawyer, then on to the bank transfer, and it ends with the deed of purchase and sale being registered with the applicable agency.