Brazilian Property Is A Sound Investment

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Brazilian Property Is A Sound Investment
The Influential British property blog, Global
Property News, haslong-recommended investing in
the strong Brazilian market withthe caveat that
prospective investors seek expert local advice.
According to expert Richard Warren, a property
writer for both theBBC and the South China
Morning Post "foreigners are free to
buyproperty anywhere in Brazil. However, they
ought to seek expertadvice when doing so,
because little English is spoken, the
legalsystem is different to that found in most
other countries and scamsabound."
Brazil offers a myriad of attractions for
international property investors, with very
strong growthrates, a booming domestic market
and agricultural and industrial prowess.
According to HenryMadden, partner at Dehouche
Land, its property market is also "considerably
underrated" incomparison to the other BRIC
countries (Russia, India and China), offering
unparalleledopportunities for growth and good
returns on a Brazilian property investment.
Major sporting events like the 2014 FIFA World
Cup and the 2016 Rio de Janeiro Olympics have
ushered in billions of dollars in infrastructure
investments that are boosting Brazils economy
furtherthrough tourist inflow and job creation.
Brazil's robust legal system is also on a par
with western
democracies, and its political system is healthy
too, as shownby the recent free and fair
election when power waspeacefully transferred
from the popular Luiz Inacio Lula daSilva to
Dilma Rouseff.
Stable Society
Free from the political upheavals and natural
disasters thatplague many traditional areas of
overseas property
investment, such as the Caribbean, Brazil offers
stable and secure property investmentopportunitie
s.
The flip-side of Brazil's stable government and
strong rule of law is its robust, and at times
stifling,bureaucracy. Potential investors need
to ensure that they are properly registered with
the relevantagencies and comply with stringent
environmental protections.
As with all property markets, there are
unscrupulous sellers and scams out there, so its
essential towork with CRECI-registered agents
and well-established companies with international
links.
Investment Experts Agree
As Nick Barnes, residential research partner at
Knight Frank estate agency, stresses, "due
diligenceis absolutely vital on a project" and
buyers need local expertise to help them buy and
manageproperties, as "it's a long way away, so
investors are entirely in the trust of local
managers tomanage the property."
From gaining a CPF tax ID form to tying up all
the legal loopholes, the experts agree that it's
essential for international investors to seek the
best expert advice. With in-depth local
knowledgeand international experience, Brazil
Bahia Property (IBBI) is the leading specialist
for locals andglobal investors looking to buy in
Bahia, one of Brazil's fastest-growing and
beautiful regions.
With great returns, but some pitfalls, Brazil
offers a brilliant investment opportunity as
long as you
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have the right advice.
Search over 600 Brazilian properties houses,
apartments, farms, land and development
opportunities to make an informed Brazilian
property investment. Brazil Bahia Property
are the largest property agents in the Bahia
region and cover all areas of the Brazilian
propertymarket. If you are looking to buy
property in Brazil we can help.