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Home > Finance > Real Estate > Selling Brazil property to overseas property buyers a guide
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Selling Brazil property to overseas property buyers a guide
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Emerging overseas property markets are often the places in which to
make short term capital gains . Sometimes overseas property investors
can gain not only on the real estate but also on the strengthening
currency of the region. The shrewd overseas property investor can win
twice with an early purchase in the right market. Brazil is set to be
one such market. Mentions of Brazil may conjure up negative thoughts
from potential investors and it is good to know what these are.
Overseas property investors may think of politically instability,
dangerous drug gangs and high inflation as reasons they would never
invest. To sell Brazilian property to overseas investors you will need
to inform, reassure and be armed with hard economic facts.
Europe's overseas property investors have already recognised the
benefits of Brazilian property. European overseas property media is
full of Brazil property opportunities it's difficult to pick up an
overseas property magazine or newspaper property supplement without
concluding that Brazil is the next market. Many overseas property web
sites such as Homesgofast.com now dedicate entire sections to the
region.
Brazil is now one of the fastest growing markets Why is this? There are
many reasons – inflation is now down to manageable levels, Brazil is
now politically more stable than ever before and the country's huge
natural resources are fuelling economic growth. Already the 10th
largest economy in the world, Brazil is poised to become one of the
world's leading economies and expects to be self-sufficient in oil in
the next one or two years.
Brazilian property is inexpensive and easy to buy, freehold is as
secure as it is in England and the government is putting a lot of money
and effort into tempting overseas investors. Residency is readily
available for foreign investors and high interest rates – 15% p.a. or
more – can be earned in an ordinary bank account.
Northeastern Brazil the perfect location and climate. Here it is
forever summer and unlike some parts of the country, is never too hot,
too humid or too cold (don't forget some parts of Brazil have real
winter and other parts are painfully hot and humid in the summer). The
people are always welcoming, friendly and cheerful and have the world's
most relaxed lifestyle. The country is incredibly beautiful and Ceará
has 500 kilometres of the finest beaches in the world. There are no
hurricanes, earthquakes, tsunamis or volcanoes and whilst Fortaleza may
be Brazil's 5th largest city, it ranks 23rd in crime. Fortaleza is
Brazil's favourite holiday destination and Brazilians from São Paulo
and Rio de Janeiro flock there in search of perfect weather, beaches
and carefree relaxation. The surrounding countryside and villages are
peaceful and crime-free. To top it all, you can get
international-standard health care for a fraction of the cost at home.
The Fortaleza area is one of the world's top developing property and
holiday destinations. Scandinavia and continental Europe have already
discovered its wonderful beaches and perfect kite- and wind-surfing
areas.
European agents are making money! Dream Properties Brazil Ltd a UK
based company for example are building a third development in Cumbuco
Brazil as they have rapidly sold the other developments to keen
European buyers
The rental potential of these properties is considerable. More and more
overseas tourists are discovering this wonderful area and there is a
serious lack of rental accommodation. Travel operators in Scandinavia
and continental Europe, as well as England, are arranging more and more
direct flights to the area. It's possible to make a quick buck on
something cheap and cheerful, because anything will increase in value.
However, this route is risky as it often involves dealing direct with a
private seller and all the complications of language, unfamiliarity
with the law and so on.
Overseas property buyers that are careful to use reputable companies
and ensure they choose an independent lawyer with proven Brazilian
experience are set to make buying property in Brazil a worthwhile
experience. |
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