1st Real Estate Search

On a recent trip to Brazil I came across an interesting way to obtain a Brazil mortgage, this is for non residents actually a 100% off plan Finance model.

I have not come across anything similar anywhere in the world I have travelled extensively and purchased property in other emerging real estate markets.

I could not afford a large depsosit of 40% but I could afford monthly payments to get me to the 40% needed, I flew to fortaleza to Inspect the site.and met with some local brokers who arranged the whole thing

The brokers showed me a way of buying which is paying monthly over the build period which will take the amount paid to 30% when the property is ready. What a fantastic way to get into Brazilian real estate

My monthy payments are $1200 usd and the fees with Legals came to $2000 this includes my CPF number

When the property is constructed I will be given the keys and I can still finance the balance up to 16 years, but will more than likely pay off the balance over 5 years.

I will have the option to Sell rent or use the property myself If i rent this will give me an income to pay off the Mortgage in I will also get capitol growth

Allways try to find a location that has a high demand for rental opertunities location location location,

Fortaleza I decided is the best city for me under seven hours flying time from the USA and Europe Delta starts a new direct route fron Atlanta in december and TAP have Daily flights from Lisbon

The first golf course in North east Brazil will be open in December the first 9 holes the other 9 holes will be in the new year of 09.

There is a new shopping center and 8 new 5 star Hotels underway in the same beach location as the golf coarse

Soccers world cup is being held in Brazil in 214 one of the FIFA rules is that a host citys needs a Metro system Fortaleza is currently building a new public transport system.

Think about who will buy your property when you sell make sure to buy in an area where you will be able to sell to a local person not just a tourist

I look at countries that have a very good internal market, that’s why I chose Brazil They predict that the local market is so good property prices will increase by 20% for the next 10 years

To find out more on 100% off plan finance contact link www.brazillandconsult.com