Property for sale in Brazil
Brazil is one of the largest countries of the South American and it extends from the Amazon basin in the north to the Iguaçu Falls in the south. Its symbolic city is Rio de Janeiro, symbolized by the statue of Christ the Redeemer that rises for 38 meters on the top of Mount Corcovado and it is famous for the crowded beaches of Copacabana and Ipanema, as well as for the huge and colourful Carnival characterized by theme carts parades, flashy costumes, music and samba.
However, its capital is Brasilia.
Brazil is wet from the Atlantic Ocean to the east, to the north it borders the French overseas department of French Guiana, Suriname, Guyana and Venezuela, to the northwest with Colombia, to the west with Peru and Bolivia, to the south -over with Paraguay and Argentina, and to the south with Uruguay. It borders with all the countries of South America, except for Ecuador and Chile.
In recent years the economy and politics of Brazil have radically changed, making the country a rising star of South America. With a new competition, the menacing inflation has been significantly reduced. The economy is now stable and is rapidly growing year by year. As a result, it is expected by economics experts that Brazil will become one of the 5 dominant economies in the world within the next decade.
There are many reasons for buying properties for sale in Brazil.
An important reason is certainly that buildings are becoming more and more environmentally friendly.
The Brazilian government has made a huge effort to encourage foreign buyers to invest in properties for sale in Brazil. This led to a direct purchasing process without restrictions for foreign investors. Anyone can buy a property for sale in Brazil, regardless of whether the buyer is a resident of Brazil or not. The only restriction applies to properties in rural areas or to boarding houses in other countries that only Brazilian residents are allowed to purchase.
With investments in tourism that is another key priority of the Brazilian government, the demand for holiday homes and holiday villas has steadily increased. Because of an insurance visa that offers permanent residence permits to retirees with a certain pension tax, the pension community request offers another investment opportunity that is not subject to seasonal influences.
The demand for housing is generally very high in Brazil. Currently, the country lacks more than 8 million homes, a number that is increasing. This will result in massive construction of homes within the next few years, so there will be enormous potential for investors who do not want to take ownership of themselves.
If you want to know where to buy a property for sale in Brazil you should know that Brazil currently has one of the fastest growing real estate markets in the world. It offers a wide variety of properties for sale in Brazil that adapt to all tastes and budgets. For now, property prices are considered low but experts say they will double within the next two years.
Brazil offers a large amount of beach houses at a reasonable price, depending on the area. At present, the area considered the most promising for investments in properties for sale in Brazil is the North East, including the states of Bahia, Alagoas, Pernambuco, Paraíba, Rio Grande do Norte and Ceará. Property prices in this part of the country are already exploding but they are still in such a low level that an investment will most likely bear fruit.
If you intend to buy property for sale in Brazil, above all in big cities, prices will probably be considerably higher but still below the European and US levels.
The real estate sector is one of the main axes of the economy and occupies a strategic position in the generation of jobs in the country. By 2018, trends in the real estate market indicate that it should receive new investments. This is because Brazil is fighting the economic crisis.
Although the real estate market trends in 2018 are positive, caution should be exercised when investing in this segment. Keeping your feet on the ground is essential, because, in general, the real estate sector usually stabilizes only after the economy has consolidated as a whole.