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The housing market in Brazil provides a variety of opportunities for buying a house overseas. The main drawback is accessibility of course, so it's really most suitable for a lock-stock-and-barrel full move.
Brazil has spectacular natural beauty - Copacabana, Ipanema and Leblon beaches, Sugar Loaf Mountain etc in Rio de Janiero, the Amazon basin, Salvador (Bahia), and the beaches of Natal in the north to name but a few. The climate is, of course, wonderful throughout much of the year near Rio (although exceedingly hot further up North).
Of course Brazil is not without its social problems too, which one must bear in mind. The top 40 Brazilian cities with their populations. NB A lot of big cities!! 1 Sao Paulo 10,009,000 2 Rio de Janeiro 5,613,000 3 Salvador 2,331,000 4 Belo Horizonte 2,154,000 5 Fortaleza 2,139,000 6 BRASILIA 2,016,000 7 Curitiba 1,618,000 8 Recife 1,388,000 9 Porto Alegre 1,321,000 10 Manaus 1,285,000 11 Belém 1,200,000 12 Guarulhos 1,134,000 13 Goiânia 1,073,000 14 Campinas 962,000 15 Sao Gonçalo 880,000 16 Nova Iguaçu 873,000 17 Sao Luís 855,000 18 Maceió 806,000 19 Duque de Caxias 756,000 20 Sao Bernardo do Campo 742,000 21 Teresina 703,000 22 Natal 699,000 23 Osasco 671,000 24 Campo Grande 665,000 25 Santo André 631,000 26 Joao Pessoa 594,000 27 Jaboatao dos Guarapes 567,000 28 Contagem 529,000 29 Sao José dos Campos 524,000 30 Uberlândia 502,000 31 Feira de Santana 489,000 32 Ribeirao Prêto 478,000 33 Sorocaba 477,000 34 Niterói 462,000 35 Cuiabá 460,000 36 Juiz de Fora 458,000 37 Aracaju 451,000 38 Sao Joao de Meriti 441,000 39 Londrina 438,000 40 Joinville 437,000 Ask a ProfessionalThere are investment prospects in Brazil, but it is essential that you seek independent expert professional advice before undertaking any property purchase. There are lots of things to bear in mind, including local laws and regulations, taxes, surveyor's assessments of the building, financial currency exchange, dealing with interbank transfers, volatity of the housing market, etc. etc. In some countries there are various restrictions on foreigners owning land or property, so this needs to be checked out fully. Any property purchase is a major undertaking. It may seem obvious but it's well worth going on holiday to a country several times to see if you like it.
Surge in InterestThe interest in purchasing property abroad has increased at an amazing rate in the past five years, fuelled in the UK by a booming domestic housing market making overseas properties seem good value for money. Also, TV programmes like Channel 4's `A Place in the Sun' have made everyone realise that owning a property abroad is no longer just for the rich and famous. People are interested in purchasing a home overseas for a variety of reasons - enjoyment, investment, a new life, retirement, and more.All links and text on this site have been provided for informational purposes - they are not recommendations. |