In the past few years, investors have become interested in Brazil real estate. The excellent climate, reasonable prices, and ideal locations are some of the factors involved. This is a country of many different opportunities for a profitable investment.
A number of visitors to the country are purchasing properties to use as a holiday home abroad. When not used for this purpose, they are easily rented out, thus providing an extra income. Properties are advertised in many areas, such as Rio Grande do Norte, Sao Paulo, Northeastern Brazil and other locations. Each area has its own particular advantages. One that is very popular is Fortaleza, located in the North East region of Ceara with a beautiful coastline.
In contrast to previous years, the current government is encouraging foreign investment in Brazilian properties as well as improving the rules regarding purchases by their citizens. Lula da Silva, the current Brazilian President, has introduced numerous reforms regarding property purchases by foreign investors in this country. The hosting of the 2016 Olympic Games has added to interest in properties in this country.
Due to national security rules there is a restriction regarding foreign property ownership near borders, coasts and other security areas. Today, foreign investors make up a small number of property buyers of Brazil real property. However, the economy of the country has increased which has resulted in some dramatic price increases in prime location areas.
Prime locations are desired by investors as they not only provide a good rental income but can easily be re-sold if desired. In these places if there is a popular beach, houses are usually not available directly by the water. However, those just a block or so from the beach are still for sale at a reasonable price. In considering such a purchase, it is important to look at the infrastructure (bars, restaurants, and other amenities) prior to completing the transaction. This affects the property's value regardless of the location.
In a search for property in Brazil, there are two things required to realize a good investment. They are the looks and appeal of the property as well as the location. Whether seeking rental income or capital gain, these are the basic requirements for a successful venture. The real market dynamics of any country depend on many things. That is why it is essential to consult with a knowledgeable real estate agent in this venue.
An example of what is available is in the city of Araju, located in northeast Brazil on the Sergipe River. This area sports a year-round warm climate, cooled by ocean breezes. Advertisements for this location welcome investors in new housing as well as 'fixer uppers'. Properties are available seaside or inland and are reasonably priced.
Araju also has an excellent airport with hourly flights. It is easy to fly to major cities such as Rio de Janeiro or Salvador. There are gated communities, condominiums, villas, and numerous other properties available.
Brazil real estate is unique as it has something for everyone, located throughout the country.