Register today for My BBP for benefits such as:
  • Save and rate your favourite properties.
  • Receive updates on new properties and offers.
  • Instant chat to live agents in Brazil.

My BBP
Registered users
sign in here.

My IBBI Login

Email:
Password:

Brazilian Property Is A Sound Investment – With Advice

Articles

Brazilian Property Is A Sound Investment – With Advice

The Influential British property blog, Global Property News, has long-recommended investing in the strong Brazilian market: with the caveat that prospective investors seek expert local advice.

According to expert Richard Warren, a property writer for both the BBC and the South China Morning Post: “foreigners are free to buy property anywhere in Brazil. However, they ought to seek expert advice when doing so, because little English is spoken, the legal system is different to that found in most other countries and scams abound.”

Brazil offers myriad attractions for international property investors, with very strong growth rates, a booming domestic market and agricultural and industrial prowess. According to Henry Madden, partner at Dehouche Land, its property market is also “considerably underrated” in comparison to the other BRIC countries (Russia, India and China), offering unparalleled opportunities for growth.

Brazil's robust legal system is also on a par with western democracies, and its political system is healthy too, as shown by the recent free and fair election when power was peacefully transferred from the popular Luiz Inacio Lula da Silva to Dilma Rouseff. Free from the political upheavals and natural disasters that plague many traditional areas of overseas property investment, such as the Caribbean, Brazil offers stable and secure opportunities.

The flip-side of Brazil's stable government and strong rule of law is its robust, and at times stifling, bureaucracy. Potential investors need to ensure that they are properly registered with the relevant agencies and comply with stringent environmental protections. As with all property markets, there are unscrupulous sellers and scams out there, so its essential to work with CRECI-registered agents and well-established companies with international links.

As Nick Barnes, residential research partner at Knight Frank estate agency, stresses, “due diligence is absolutely vital on a project” and buyers need local expertise to help them buy and manage properties, as “it's a long way away, so investors are entirely in the trust of local managers to manage the property.”

From gaining a CPF tax ID form to tying up all the legal loopholes, the experts agree that it's essential for international investors to seek the best expert advice. With in-depth local knowledge and international experience, Brazil Bahia Property (IBBI) is the leading specialist for locals and global investors looking to buy in Bahia, one of Brazil's fastest-growing and beautiful regions.

With great returns, but some pitfalls, Brazil offers a brilliant investment opportunity: as long as you have the right advice.

You may also be interested in:

  1. Homes For Sale In Boipeba
  2. Apartments In Itacimirim
  3. Homes In Praia do Forte
  4. The Latest Real Estate In Arraial d'Ajuda
  5. Newly Listed Real Estate In Morro de Sao Paulo
  6. Recently Listed Homes In Trancoso
May
23
2011
Views
2841

Recent Posts

Posts By Date

Posts By Location


@ibbimoveisbahia Check it out - What Do Houses In Vilas do Atlantico Have To Offer? - brazilbahiaproperty.com/Pk #realestate
BRAZIL BAHIA PROPERTYAdministrators Away – Contact Only By Email