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The Global Properties aggregator is designed to simplify real estate investment in Brazil, featuring apartments for sale in Brasilia. To choose the property of your dreams, the buyer can use a convenient search engine with numerous filters by area and prices, number of rooms, furniture, construction stage and other factors. You should then sort the search results based on your goals, for example, by date added or popularity.
In addition to the features, photos and cost of apartments in Brasilia, each ad contains the seller's contact details. Turn to this expert to get more detailed information about the overseas property and discuss the issue of concluding a deal.
- The lowest value of an apartment in Brasilia, Brazil, is $1.
- The most expensive flat is $735.63 million.
- The minimum size is m².
- The average area is 192.5 m².
- The apartment for sale in Brasilia of the largest size is 305 m².
Foreigners can purchase flats for sale in Brasilia and get a residence permit for 2 years if their cost exceeds $194,000. A temporary document can be extended for another 2 years, and then exchanged for a permanent one.
Furthermore, foreigners buying properties in the country’s northern and northeastern parts are eligible for a residency visa with a property investment of $136,000 in real estate in Brazil.
Apartments in Brasilia
The process of buying an apartment in Brasilia should consist of several stages:
- Researching the real estate market and picking up an overseas property. First of all, you need to decide on the type of flat and its area. To search for such parameters, use the Global Properties aggregator.
- Real estate viewing and holding talks. If you are interested in investing in an apartment in Brasilia, you need to contact the seller to set a date and time to visit the property. If the buyer is satisfied after assessing its condition, the parties can agree on a deal.
- Signing a preliminary agreement. Once the price has been agreed, the parties can sign a preliminary sales contract (contrato de promessa de compra e venda), which sets out the terms of the transaction and provides for the deposit.
- Checking legal due diligence. Before signing a sales contract, it is necessary to check the legal purity of flats in Brasilia. The buyer must make sure that there are no debts on utility bills and mortgages and that the seller is the owner of the property.
- Signing a final sales agreement. After checking the legal purity of the property, the parties sign a final contract.
- Registering the transaction. The last step is to buy a flat in Brasilia and register the deal with government agencies.
Reasons for investing in an apartment in Brasilia
Apartments in Brazil can become a source of profit if the buyer wisely chooses their location, layout and other factors. The most profitable accommodation is located near the coast, tourist attractions or the city centre. The capital can offer various apartments in Brasilia for investment that meets all three points. Flats overlooking Paranoa Lake are in the highest demand among investors.
Here are a few reasons backed up by facts and figures emphasizing the investment appeal of local real estate:
- Market growth. The Brazilian housing market is projected to grow in value from $59.61 billion in 2024 to $77.54 billion in 2029, with an average annual growth rate of 5.40%.
- Foreign direct investment (FDI). Brazil became the third-largest recipient of FDI in the world and the largest recipient of FDI in Latin America in 2022. The volume of investments during this period reached $85 billion, which is almost 70% more than $50 billion in 2021.
- The capital’s strategic importance. The city is of strategic importance in the country’s economy and politics. Its unique architectural design and UNESCO World Heritage Site status make local properties much more attractive for foreign investors.
- Price increases. Apartment prices in Brasilia in 2023 increased to 8,900 reais ($1,730) per square metre. This figure grew by 1.3% compared to last year.
- Rental yield. Industry experts have determined that the key trend in the Brazilian real estate market last year was the buy-to-let strategy. This trend has led to the average gross rental yield in the country reaching 6.24% in the first quarter of 2024.
Buying apartments in Brasilia
A search engine with filters, a currency converter, an interactive map, a language translator, sorting by price, date added and other parameters simplify and speed up the search for flats and houses in Brazil. The Global Properties platform offers buyers a daily updated housing catalogue to buy an apartment in Brasilia. It automatically collects ads from reliable real estate agencies and developers, after which the offers are checked manually. The aggregator database contains only up-to-date information with reliable data on the real estate being sold.