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Global Properties offers a diverse selection of 5,000 flats for sale in Xangri-La, complete with detailed features and photos. Buyers who want to choose the property of their dreams can use numerous filters that narrow down the search to options with the right criteria, such as size, number of rooms, floor, location, price, construction stage, and more. After choosing a suitable apartment in Xangri-La, Brazil, they will only have to contact the seller, whose contact details are indicated in the ad. Sellers can be reached via phone or through direct messages.
- The lowest value of flats in Xangri-La is $27,000.
- The highest cost of apartments in Xangri-La is $1.6 million.
- The minimum size is 26 m².
- The average area is 363.5 m².
- The apartment for sale in Xangri-La of the largest size is 701 m².
Purchasing houses in Brazil for $194,000 or more is the basis to obtain a 2-year residence permit. A temporary document can be extended for another 2 years and then exchanged for a permanent one. The investment amount starts at $136,000 for buyers who are interested in buying an apartment in Xangri-La in the country’s northern and northeastern parts.
Apartments in Xangri-La
Xangri-La, a coastal town in the southern state of Rio Grande do Sul, has become a popular destination for real estate investments, especially in the apartment sector. It attracts home buyers with its serene beaches and vibrant social life. A wide range of premium flats and cosy studios overlooking the Atlantic Ocean are in high demand among migrants and holidaymakers.
The city’s infrastructure is well developed, so residents have access to basic amenities. There are shopping malls, schools, hospitals, restaurants and entertainment venues. The modern buildings are in harmony with the beauty of nature making apartments for sale in Xangri-La attractive for those looking for peace and comfort.
Apartment prices in Xangri-La depend on:
- the area in which the building is located, including social infrastructure, the beach and attractions;
- size and number of rooms;
- the floor on which the property is located and the number of floors in the building;
- furniture and home appliances;
- balconies;
- shared and private amenities;
- interior design;
- the building's construction stage or year of completion.
Everyone who wants to buy an apartment in Xangri-La should start by finding the best overseas property that meets their needs and budget. It is recommended to cooperate only with reliable real estate agencies that know the local market perfectly well. Professionals can assist in going through the legal procedures to obtain the rights to real estate in Brazil.
Reasons for investing in apartments in Xangri-La
Purchasing apartments in Shangri-La for investment is an attractive opportunity for businessmen, as evidenced by several key factors. Brazil's real estate market is showing steady growth. Experts predict that the transaction value will rise from $59.61 billion in 2024 to $77.54 billion in 2029. Meanwhile, the average annual growth rate will be 5.40% during this period.
Investing in an apartment in Xangri-La are suitable for buyers who want to increase their capital. The city is developing: new off-plan residential projects and improved urban infrastructure contribute to population growth and higher real estate prices over time. The average cost of houses and apartments in Brazil in 2023 rose by 5.14% and reached $1,700. However, to increase profits from reselling housing and speed up the process of obtaining it, many investors prefer to purchase off-plan properties.
The city is becoming more attractive for investment because it has established itself as a popular tourist spot. There is a growing demand for rental properties from investors in the local market. Considering that the average gross rental yield in Brazil reached 6.24% in Q1 2024, the profits of landlords who own housing in the coastal city will only grow.
Buying apartments in Xangri-La
Global Properties is a functional assistant to buy a flat in Xangri-La and other parts of the world. A search engine with many filters, a translator, sorting ads based on the necessary criteria, an interactive map, a currency converter and other tools simplify and speed up this process. The platform automatically collects new ads from the websites of real estate agencies and developers every day. After that, they are selected manually so that buyers get access only to up-to-date offers. Check out this catalogue today.