Posts: 401
Threads: 0
Joined: May 2010
Reputation:
2
Real Estate in other countries
09-21-2010, 10:36 PM
Sup fam,
I'm looking for information to purchase property/land in Brazil, DR, Costa Rica...any recommended websites or sources I can reach out to...basically looking for info pertaining to:
-taxes
-legal rights to land/property
-process
-anything else
I already know brazil but I want to make sure I have all the correct information...any feedback would be much appreciated...
Brigado
Posts: 4,451
Threads: 0
Joined: Mar 2010
Reputation:
140
Real Estate in other countries
09-22-2010, 05:59 PM
CC,
For Brasil, do not buy anything over the internet. Go there in person, see the place, get a feel for it. Go there not for a couple of weeks but 3-6 months to get a feel of the place to see if this is a good place to live and whether you'd like living there and ask around the people if it's a good area to live. I can't tell you how many incredible deal offers I've been receiving from various companies that target the gringo market in Brasil. But anyways, I"m sure you're wise enough to already know all of that.
There's a guy in Brasil, a german living in Minas, he has a blog filled with good info about buying real estate in brasil. Google "alemao mineiro" and read everything on this guy's site. Then if you're truly serious, go there in person, make contacts there. I'm also thinking of buying real estate in Brasil and I'll be scouting the country hard over the next 2 years. I'll spend 2-3 months in 3-5 cities before settling on one and then a given city spend more time there before pulling the trigger. Here's another piece of advice that I'm sure you may already know: invest in a city that will be hosting world cup games in 2014.
Btw, where in Brasil are you looking to buy real estate? I know a couple good reliable real estate agents in BH and BSB as well as 2 good lawyers in BSB and Fortaleza I could pass you their contacts if you're looking in these cities.
Also, a good site that used to have quality people with quality posts was the brazzil.com forum. But unfortunately, it got sidetracked and invaded by trolls and sex tourists. But if you browse the archives, you can still find some good info. Another awesomely informative community/forum is the abc-latina.com but this is a community/forum for/by French expats and the Brasil section is filled with very knowledgeable and helpful people, but it's all in French. So please do not expect any info there in English as everything is in French.
Hope this helps.
Posts: 1,503
Threads: 0
Joined: Aug 2008
Reputation:
12
Real Estate in other countries
09-27-2010, 12:36 PM
Didn't find much on Brazzil.com, the forums are dead.
Gringoes.com seems to be a better option with a few active posters in the real estate business.
Posts: 1,503
Threads: 0
Joined: Aug 2008
Reputation:
12
Real Estate in other countries
09-27-2010, 07:09 PM
Will check those links out. Do you have any information about the qualifications for loans from the Brazil Development Bank? They are trying to build up the tourism infrastructure, so it appears that they are giving out loans for both small and large projects, including all types of lodging and accomadation.
Posts: 587
Threads: 0
Joined: Aug 2008
Real Estate in other countries
10-11-2010, 06:53 PM
Which country would you guys consider the best for investing in real estate just for the profit.
Posts: 4,451
Threads: 0
Joined: Mar 2010
Reputation:
140
Real Estate in other countries
10-11-2010, 11:51 PM
Pepini,
For me and IMO, it's Brasil by a long shot. Look at how the economy has been steadily growing up and couple that with WC 2014 and Rio 2016, if you or anyone buys a place in a city hosting a WC game in 2014, your investment/property will easily double (if not triple IMO) in value by the time 2014 rolls around. Would be a good place to consider specially for you as language is not an issue there or for anyone who speak fluent portuguese.
Posts: 587
Threads: 0
Joined: Aug 2008
Real Estate in other countries
10-12-2010, 12:12 PM
Thks VP. Nowadays there´s always some cousin or brother from friends of mine that recently moved to S. Paulo to work. Even brasilians that came to Portugal to work are now going back home. I´m thinking maybe making an LLM in Rio or S.P.
Next year will be decisive. For my next 5 to 10 years.
The thing with S. America that worries me most for investing is instability. Now Brazil is good but one wrong president can throw it all away.
Anyway do you know any specific sites for Rio, S. Paulo and Floripa to search for houses.
In Portugal Remax is the leading site. There´s others like Lardocelar, bpiexpressoimobiliario, casasapo, ERA, etc. But Remax is the best.