What are the associated costs with my property purchase in Brazil?
Transaction costs, including stamp duty (registration fee), fees etc. can average at between 3% and 8% of the purchase price. These costs may differ according to location, type of property and the State you buy in. If it takes a significant amount of work to establish title and ownership, the costs could amount to more. Breakdown: • A down-payment for your chosen property of usually about 10% of the purchase price is requested. • Property transfer/registration fees average about 5% of the purchase price, but this can vary depending on the type of property that you buy, and also the state in which you are buying. • Payment can often be made all at once or in instalments of 12, 24, 36, 48, or even up to 84 months when buying off plan or a building in construction, but interest rates are very high, and generally not fixed via constructer finance in Brazil. If you opt to pay in instalments, keep in mind there is also a currency risk: if the value of the Brazilian Real goes down, your prope
Transaction costs, including stamp duty, fees etc. can average at between 5% and 8% of the purchase price. These costs may differ according to location, type of property and the state you buy in. If it takes a significant amount of work to establish title and ownership, the costs could be slightly higher. Breakdown: • A down-payment for your chosen property of approximately 10% of the purchase price is requested. • Property transfer/registration fees average about 5% of the purchase price, but this can vary depending on the type of property that you buy, and also the state in which you buy. • Payment can often be made all at once or in installments of 12, 24, 36, 48, or even up to 84 months when buying off-plan, however buyers should note that interest rates are very high and generally not fixed. If you opt to pay in installments, please bear in mind there is also a currency risk: if the value of the Brazilian Real goes up, your property becomes more expensive, and vice versa. • Paymen
