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Brazil Property News: Brazil is 'awash' with class A real estate
11th January 2008 11:47
Brazil has been described as "awash with class A" real estate by property experts this week.
The Latin American country has office, industrial and retail developments up for grabs, which make for lucrative investments, says NAI Global - a real estate firm selling properties in the US, Mexico and Canada.
According to the firm, lease rates for all types of real estate in the country have increased by 15 to 20 per cent over the last five years due to "heightened demand".
Latin America was promoted in general as a good location for property investment, as it is now in a "long-awaited period" of sustained economic growth with much of the region entering into the realm of stable and productive economics.
In order to buy a property in Brazil purchasers will require a transfer certificate which must first be registered on the relevant Immovable Property Register.
The preferential purchasing right of the tenant is an interesting aspect of Brazilian property law, which means that the proprietor shall be required to offer the property to the tenant before transferring the let property to a third party.
Furthermore, Brazil has no legal imposition concerning the maximum or minimum rental period.
There is also no property tax in Brazil.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place for property investment
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal and Pipa
- Brazil buyers guide
- More about uv10, your dedicated Brazil property specialist
- See what the press say about uv10 and Brazil property
- The latest and hottest property in Brazil
- Archive of the uv10 newsletters
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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