As a developed country, Brazil’s real estate industry is profitable and rapidly growing due to the increase in foreign investors. Brazil as an established economy is also suitable for real estate investments due to its landscape and tropical climate. If you are interested in purchasing commercial or residential properties in Brazil, there are certain procedures that you must follow. Primarily, real estate properties are usually purchased from property companies and through funding mechanisms. You are also required by the Brazilian law to adhere to the Provisional Measure 656/2014. This policy governs all financial activities involved in the buying and selling of Brazilian real estate properties.
The role of property companies in Brazil is to offer advice to buyers regarding properties that are available on sale. If you are a foreign investor, the Brazilian government enacted strict policies for the type of properties you can acquire. For example, as a foreigner, you do not have access to properties in coastal areas, national borders, and rural areas. After buying a property, you ought to have a title deed. This document is usually processed by the Brazilian real estate registry.
The criteria for buying and selling real estate properties in Brazil is sequential. First, as a buyer, you must review and agree to the conditions drafted in the buying and selling agreement. You are also supposed to review the conditions written in the sales contract and agree to them if they suit your demands. This document comprises of buyer’s liabilities, agreed purchase amount, and a description of the property to be bought.
Construcap is a construction company based in Brazil. The company excels in building multiple use residential and commercial structures. The company’s residential buildings range from single-family to multiple-family units. They also include condominiums, housing complexes, and apartments. Construcap’s commercial and multiple use buildings include schools, hospitals, and law firms. Most legal firms, government agencies, and Brazilian citizens seek the company’s construction services.
Construcap is a recipient of several international certifications. These include OHSAS 18001, ISO 14001, and ISO 9001. The company was also awarded an Academy Award, the Best of Money Award, and the Work Safety Award for its sustainable construction services.