Flag Rio Aerial View Coastal View Cityscape Night View


Whilst the bottom of Brazil´s real estate market is arguably some distance away, more investors have begun to examine when this turning point will actually arrive to potentially benefit from future capital gains. Yet even during such boom times, particularly for the foreigner, the risks of buying into this asset class often outweigh the positives – a phenomenon largely caused by lack of clear knowledge of mitigating the myriad of pitfalls. In an attempt to kick-start more rational analyses of doing property business in Brazil, below are some highly informative comments recently made by tax adviser David Soares da Silva. Having operated as legal counsel, tax advisor and member of board of directors of foreign funds and companies with investments in Brazil since 1993, David is well versed in a range of tax planning and international business transactions and can be contacted directly on dsilva@blslaw.com.br.

Brazil has always been, and remains, a beautiful and exotic location with a high demand for beach front property and vacation homes. The vacation rental market in Brazil has a good reputation with with AirBnB and similar services offering high end vacation homes for rent.

Despite the economic and governmental issues currently weighing heavily on Brazil, real estate investment still presents a very real opportunity for those willing to consider the bigger picture and the long term.

The collective pooling of financial resources, more commonly known as crowdfunding, has grown at a notable pace in recent years.  Various organisations, particularly in the UK and US, have sought to leverage the benefits of “power in numbers” when seeking investment for a range of project objectives. Specifically within more...

A agregação coletiva de recursos financeiros, mais comumente conhecida como “crowdfunding”, vem crescendo em um ritmo notável nos últimos anos. Várias organizações, principalmente no Reino Unido e EUA, têm alavancado os benefícios do “poder dos números” na busca de investimentos para diversos objetivos empresariais e filantrópicos. Nos mercados imobiliários mais avançados, especificamente, esta formatação de financiamento tornou-se especialmente atraente, dadas as regras cada vez mais estritas da pós-crise mundial. Além disso, abrem-se possibilidades mais interessantes para investidores imobiliários de menor porte para que possam desenvolver carteiras discutivelmente mais equilibradas. Embora ainda muito incipiente no Brasil, fiquei satisfeito com a oportunidade de entrevistar o advogado e contador Vinicius Maximiliano Carneiro – uma das principais autoridades do crescimento deste veículo de investimento – sobre o potencial de crowdfunding como uma alternativa viável aos mecanismos mais tradicionais de financiamento imobiliário.

Whilst bullish investors have successfully cashed in and out of the Brazilian property boom, does the country remain too risky? Not so long ago Brazil´s massive housing shortage, incipient mortgage market, low unemployment and encouraging social indicators stood in sharp contrast to the effects of the global economic crisis, spurring unprecedented levels of overseas...

As the games draw to a close, much of the evidence has pointed to the fact that the World Cup has served little favour in stimulating the property market (according to the FipeZap property index, the price per m² fell in 5 of the 16 cities analysed in June). Away from the largely false image of Brazil´s construction market being made up of high rise middle and upper class developments, the debate over housing supply for the masses continues – whether it´s criticisms over the political motivations of the “Without Roofs Movement” or how public financing is actually being allocated in this are. Below, I have translated urbanist and University of São Paulo professor Raquel Rolnik´s recent insights, speaking to the Brasil Post.

As the debate of social housing supply looks likely to heat up amongst Brazil´s impending election campaigning,  it´s worth while taking a look at some of the ground level experiences via three recent news bulletins from across the...

A recent article in the Construção Mercado magazine explored the interesting growth strategy of low and middle-income neighbourhood development, widely being discussed amongst the Brazilian construction industry under the complex challenge of sustainably attending housing demand at the scale necessary without compromising good quality living standards.

Samy Dana, economist at the Getúlio Vargas Foundation and “Folha de São Paulo” blogger chairs a discussion published on the “Info Money” site between Eduardo Zylberstajn, researcher & coordinator of the “FipeZap” Brazilian Property Index and Brasilia based economist and blogger Adolfo Sachsida on the ever-heated debate over the existence of a property bubble in South America´s largest economy.

  • LinkedIn
  • Email
  • Twitter


Ruban Selvanayagam