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by OP-Mall on Friday, July 10th, 2009 in Brazil Property, Holiday Property, Travel, Waterfront Property
Much like Brazilian girls, Brazilian property is steaming hot and has been for some time now. While the East Coast of Brazil has steadily seen some fantastic growth over the last few years, places like Recife have lured buyers to a lifestyle of sand, sun and beaches according to NY Times.
by OP-Mall on Monday, November 3rd, 2008 in Brazil Property
The Brazilian Grand Prix was nothing but spectacular and loaded with suspense for title contenders Felipe Massa and Lewis Hamilton. Die-hard F1 fans couldn’t have wished for a more thrilling end of season finish than in this race.
It had all the makings of a nail biter and didn’t disappoint in the end. Rain at the start of the race saw David Coulthard make an unplanned exit to his last Grand Prix race after Nico Rosberg nudged him into a spin.
by OP-Mall on Tuesday, October 7th, 2008 in Brazil Property, Buying Property, Holiday Property, Natal Property
Bald Hill, Natal Brazil [credits: goliveira via flickr]
Brazil is hot property right now and has been for a couple of years. In fact, some of Brazil’s hottest regions have appreciated a lot in the last five years. Some say the situation is much like it was in southern Spain some 20 years ago.
by OP-Mall on Wednesday, July 2nd, 2008 in Brazil Property, Holiday Property
With the cost of living sitting at around 1/5 of that in Britain, Brazil is right now one hot real estate market. It isn’t hard to see though why Brazil suddenly sits in the international spotlight as the new darling for overseas investors.
With year round sunshine, a stable political economy and many undervalued homes due to Brazil’s economic stagnation and currency volatility in the late 1990s, property investors have their eyes set on Brazil.
The growing infrastructure as well as an ever increasing international flight network make Brazil close to a fast stop over even for Europeans. A flight from Portugal to Natal, the capital city of the Rio Grande do Norte takes only 7 hours. You could have breakfast in Portugal and dinner in Brazil if it wasn’t for the time difference.
by OP-Mall on Friday, June 6th, 2008 in Brazil Property, South American Property
For Brazilians, the dream of owning their own home has become one of reality since the government changed their regulations back in 2005. Like never before, Brazilians are able to purchase their own homes now by finally being able to obtain finance.
The “fiduciary alienation” rule allows loan lenders to legally own the property, until it is paid off in full by the borrower. This enables a peace of mind for financial institutions and private investors in the event of mortgage non-payments.
Normal loan terms run for 30 years with a 12% interest rate. Also, the Brazilian central bank regulations stipulate that 65% of the government’s savings will have to be reinvested into loans and housing credits to keep the calculated balance to cap interest rates.
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