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Where to Buy Properties in Brazil

Where to Buy Properties in Brazil

Brazil is one of the best places for investing in Real Estate right now. Things are still cheap, but business is booming and will continue to grow. If you are still not convinced, check our Why Buying Real Estate in Brazil page.

Now that you are sure that you want to buy a property in Brazil, the next steps are where to buy real estate in Brazil and how to buy real estate in Brazil.

Safest Investments

The safest investments are usually those made in urban areas of Brazil. Solid title registration practices and solid historical market growth make these areas appropriate for larger investments (e.g.: from USD 250,000 to a few million dollars).

Sao Paulo and Rio de Janeiro are by far the first choices for international investors, but other capitals such as Fortaleza, Sao Luis, Campo Grande, Belem, Curitiba, Recife, Natal, Porto Alegre, Florianopolis, and Palmas have been consistently well regarded as prime markets.

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Cheapest Investments

Interestingly, a large number of acquisition by foreigners is made in the coastal areas of famous tourist destinations. Such acquisitions usually happen when foreign citizens are offered "once-in-a-life-time opportunity" while spend their vacations in Brazil. Of course these "opportunities" are not as good as the realtors and developers want you to believe, but they do look extremely attractive due to the low amounts charged for beach-front or close-to-beach-front properties.

Fortaleza and the state of Ceara is certainly the number one area for such markets, but cities in other areas of the Northeast of the country also experience the same. One of the risks involved in such acquisition is the possibility of legislation blocking temporarily the issuing of authorizations for new construction. Some areas like Beberibe (Fortaleza / Ceara) have refuse to allow new beach-front constructions in some certain areas for several years now.

Our experience tells that such investments are usually not as safe and lucrative as investments in the urban areas of Brazil, but they may make sense for some investors as long as these acquisitions are properly registered at the registration offices (cartórios) and the titles are duly transfer to the name of the foreign citizen before full payment is provided to the seller.

Where to Find Properties for Sale

There are dozens of real estate websites in Brazil. The main websites to check when looking for properties in Brazil are:

Viva Real - www.vivareal.com.br

OLX - www.olx.com.br

Zap Imóveis - www.zapimoveis.com.br

ImovelWeb - www.imovelweb.com.br

* These web addresses are made available for your convenience. We do not endorse any of these websites or the listings within them.

How to Access Real Estate Websites in Brazil in English

Most of these websites are available only in Portuguese. However, you can overcome this issue by using the auto-translator available in the Chrome browser. To activate the auto-translation, simply right-click with your mouse while navigating the website and choose "Translate to English" (see how to use this feature and how the translated page will look like)

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info@oliveiralawyers.com
+55-11-4349-1915 Brazil
+1-212-300-7174 USA
Get a quote today!

Specific Areas in Brazil

By investing in Brazilian real estate, you are taking advantage of the growing culture. You can invest in real estate to rent it out to tenants, or you can “flip” houses by trading. However, you should first make sure that the area in which you plan on investing is geographically fit for your intended purposes. The geography of Brazil is a good way to see where real estate investments might work best.

Northern Brazil

The north of Brazil is rich with rainforests that give way to beautiful beaches. This area is relatively underdeveloped, which makes initial investments cheap. It is the perfect area for luxury properties surrounded by endless natural beauty. The unexplored feel of the area gives it an air of exclusivity. In that way, low cost investments are sure to yield high returns for people looking to splurge on their own private hideaway. The northern area of Brazil, specifically Rio Grande do Norte, is unique in that; though it is underdeveloped, it is a location relatively safe.

Coastal Brazil

Many cities along the coast are tourist destinations. Unlike properties in the north that could be residential refuges, the coastal towns in Brazil are bustling and laid back. If you’re interested in investing in vacation property, cities such as Pernambuco are excellent choices. The warm waters, white sands and popular water sports attract people from all over the world year round. Unlike areas with changing seasons, investing in vacation property on the coast of Brazil will never give you a down season. Some coastal towns in Brazil such as Alagoas are actually better for Brazilians looking to take a vacation. Tourism is cheaper, so you will not get as high of a return as if you were renting out to global travelers, but Brazilian tourists can be expected year round.

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info@oliveiralawyers.com
+55-11-4349-1915 Brazil
+1-212-300-7174 USA
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Developed Cities

Rio de Janeiro and Sao Paulo are the largest cities in Brazil. If you intend to make a real estate investment that is more focused on business than tourism and residency, you should consider purchasing property in either of these cities. Sao Paulo is located slightly more inland, and it is the center of finance. Rio is located closer to the coast, and it is a center for art and entertainment.

From the Investor's Perspective

If you’re looking to invest in real estate in Brazil, it is certainly a choice filled with opportunity. There are many options for the type of investment you can make, and your choice of location should be based on the purpose of your property. If your intention is to attract tourists, any coastal city will yield year round visitors. For cheap residencies with a high rental price, the underdeveloped northern cities are on the rise. For any type of property that is business-related, Brazil’s cities will prove to be the best choice. If you need help taking the next step, speak with a Brazilian investment attorney for advice.

Free Quote
info@oliveiralawyers.com
+55-11-4349-1915 Brazil
+1-212-300-7174 USA
Get a quote today!

General Information Purpose Only

This content is intended for general information purposes only and does not constitute legal advice. For legal issues or decisions of any kind, the reader should retain and consult legal counsel. You should not act or rely on information at this web site without first seeking the advice of an attorney. The determination of whether you need legal services and your choice of a lawyer are very important matters that should not be based on web sites or advertisements.