Here are five of the most important things to think about when buying land in Brazil by Dale Anderson at Experience International
View a video of Dale being interviewed by CNN
Land Prices – Land values and prices can vary quite dramatically and maybe lower cost plots may look interesting initially however they might not provide the best ROI. Check prices of similar plots in similar areas to determine that you are paying a fair price per sqm.
Check for Planning Permissions – Land that has the planning permissions in place has a higher value and investment potential for those who require an investment with lower risk so check with the local land registry if the land and plots has the necessary permissions or if they should be easily granted.
Although if you are interested in land with no planning permission but is very low priced with a very strong likelihood that planning permission will be granted then this could also be a good speculative investment, however proceed with caution.
Location, Location, Location – The right location does not always mean a beachfront setting. Look for essential factors like accessibility (air and road), established infrastructure, good amenities nearby and high demand for accommodation either from the domestic or vacation market.
Appoint an experienced English speaking Brazilian lawyer – The buying procedure in Brazil does not have to be complicated if you use a good agent and lawyer who understands the process. Hiring an experienced legal representative can cost around ?700 and you have the option to give them the power of attorney
Establish an 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 opt to build a property on their plot and sell in a few years for a nice profit as the build costs are relatively low. The other strategy is to just hold the land for a number of years and then flip or sell it on to investors at a higher price as the value of land are expected to rise by around 30% per annum over the next couple of years in Brazil.
A number of Brazil land investment opportunities are currently on offer in the north east of Brazil. You can acquire 250 sqm plots with full infrastructure and planning permission in place available at Caponga Beach from R$39,000 (?13,448) or another popular option 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 for a very low investment of ?3,600 with a five year 0% interest payment plan and high ROI of 148% after five years.
For more information about investing in land in Brazil contact Dale and the experts at Experience International on + 44 (0) 207 321 5858 or visitgo to Experience-international.com.
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