When a developer builds a project, often, he does not buy the land, he makes an agreement with the landowner, that the land will be swapped for apartments when the building is complete, this type of contract is called a Permutta. This way the developer does not have to use his money to buy the… Read More

If your buying property pre-construction the idea is that you make money from the deal, so how do you do that and what are the secrets and potential hazards to buying this way? Why buy pre-construction? When a project is launched the best units sell first, so one central reason to buy apartments pre-construction is to get hold of… Read More

If you buy a pre-construction apartment from a developer in Brazil, you sign a promissory contract with the developer, basically, he promises to build it and you promise to pay for it. Until the development is finished and the developer has got the habitational licence from the town hall, your apartment is not a legal entity and therefore can… Read More

  Moneycorp are our foreign exchange partner, they are experienced and accustomed to working in Brazil, they have Brazilian managers who know the intricacies of the Brazilian banking system and stay abreast of new rules and regulations.  The service they offer complies with all the legal requirements and your money is registered with the central… Read More

Condominium charge is the way that the community of owners pay the bills for the maintenance, upkeep and running costs of the building, normally but not always, are included water and gas supply for the individual units. The exact “list” of items which are covered by this charge is determined by the people who make… Read More

Buying property in Brazil is a relatively straightforward, simple and quick process as long as the exact and correct procedures are followed and as long as the seller and buyer have all the required documentation. One of the complications that we encounter on a regular basis is with international money transfers. For various reasons transfers… Read More

When you buy a property from a contractor or a developer and do not pay the whole sales value, up front, the developer has the right to, and will normally add a small inflationary charge to your outstanding balance. If you are paying in instalments this charge will be added to each instalment amount and… Read More