Real Estate For Sale In Rio de Janeiro – Copacabana - Ipanema
Acquiring real estate in Rio de Janeiro, Brazil can be a challenging task without the right person at your side. Unlike the United states, Brazil does not incorporate a Multiple Listing Service. Owners list their apartment homes with specific brokers and the only way you have access to that property is if you are a client of that specific broker. In addition, brokers make every effort to keep property information secretive and contractual so that you are forced to buy the property only through them. This makes searching for the right property especially difficult because your search will be limited to only the broker you are a client of.
When you choose Rio de Janeiro Properties to help you with your real estate needs, we break down that broker specific limitation with our ability to access properties for sale through our list of contacts whether it be through brokers in Rio or direct relationships with property owners.
Furthermore, we do not limit your opportunities to only retail listed apartments or penthouses. We also have access to and experience with foreclosed apartments, penthouses and houses in Copacabana, Ipanema, Leblon as well as other areas. Although purchasing a foreclosed property is a bit more complicated and takes longer to close than a normal purchase, it can represent a savings of 20 to 50% from the current market value.
In addition to forclosures, Rio de Janeiro properties has access to "Inventarios". These are real-estate properties where the owner has passed away and a judicial process must take place. During that process, you are able to live in the apartment, remodel it or even rent it for only 50% of the purchase price. The process can take a few months to a few years. Upon completion of the inventario process, the remaining 50% will be due. These are great opportunities for capital appreciation and rental income with only 50% of the purchase price being required. We currently buy and sell foreclosed properties and inventarios for own personal real estate portfolio.