Here are the top 5 things to think about when buying land in Brazil by Dale Anderson at Experience International
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Land Prices – Land values and prices can differ quite a lot and maybe lower cost plots may seem interesting at first however they might not offer the best ROI. Check prices of similar plots in similar areas to ensure you are paying a fair price per square metre.
Check for Planning Permissions – Land that has the planning permissions already granted has a higher value and investment potential for people who require an investment with lower risk so check with the local land registry if the plot have the necessary permissions or if they should be easily approved.
However if you are looking at land with no planning permission but is very low priced with a good likelihood that planning permission will be granted then this may well also be a good speculative investment, however proceed with caution.
Location, Location, Location – The right location does not always be a beachfront environment. Look for key factors like accessibility (air and road), built infrastructure, good amenities nearby and demand for accommodation either from the domestic or holiday home market.
Appoint an experienced English talking Brazilian lawyer – The buying process in Brazil does not have to be complicated if you use a good agent and lawyer who know the process. Appointing an experienced legal representative can cost about £700 and you can provide them with the power of attorney enabling the lawyer to sign and notarise on your behalf eaning you they don’t even have to visit Brazil. When transferring funds I suggest using an FX partner such as Voltrex, securing the rate in the UK and transferring the monies into Brazilian Reals.
Workout a Real exit strategy – They key to most successful investments is to have an exit strategy. With Brazil land for sale there are a couple of exit strategies available; investors can choose to build a property on their land and sell in a couple of years for a sizable profit as the cost of building is quite low. The other option is to just keep the land for a number of years and then flip or sell it on to another investor at a higher price as the value of land are anticipated to increase by about 30% each year over the next few years in Brazil.
A number of Brazil land investment opportunities are currently on offer in north east Brazil. There are still 250 sqm plots with full infrastructure and permission to plan already in place available at Caponga Beach from R$39,000 (£13,448) or further south, near the ancient city of Joao Pessoa, is the eco-friendly 5* Tambaba Country Club Resort offers 450 sqm plots of prime Brazilian real estate with an investment from £3,600 with a 5 year interest free payment plan and high ROI of 148% after 5 years.
For more information about investing in land in Brazil call Dale and the experts at Experience International on + 44 (0) 207 321 5858 or visitgo to Experience-international.com.
Tags: Brazil, investment, land, property, Real Estate