Brazil real estate is becoming an important investment for most people. many residents and foreigners are finding value in buying property in that area. There are several tips that one must put in consideration when they thing of real estate in Brazil.
The first tip to consider is the legibility of the property. Ensure that the title deed is registered under the person selling the property to you in case your intention is to buy one. This is to avoid being conned or being taken to court for buying property wrongfully.
Knowledge about taxation in Brazil is very important. this will help you know the amount of money you will pay each month. It is better to be prepared. Brazil real estate (or Sobrepostas em Santos, as the Portuguese say) taxes are different depending on the location and size of property.
When one is not a resident of Brazil they are not legible to get mortgages from financial institutions. There are some firms that have policies that enable one to pay for their property in installments depending on the agreement. It is better even for the residents of Brazil to use these companies that taking mortgages. This is because the interest rates associated with mortgages are very high.
It is always important to do an initial analysis before investing in Brazil real estate (or Kitnet em Santos, as the Portuguese say). You must consider the location, size and cost of the property. Make sure that the cost is within your budget to avoid losing your property because you are unable to complete payments. The location is very important. Other factors are considered along with the location of the real estate. Security, social amenities and a serene environments are always put in consideration when it comes to location.
Make sure you deal with a professional real estate company when investing in real state in Brazil. A company is always the best option to use. Ensure that the company is reputable for providing high quality services to its clients.
Source: http://sabg2011.com/real-estate/useful-tips-for-buying-brazil-real-estate/
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