Fortaleza Real Estate

Advice and tips on buying Fortaleza Real Estate

By Fabricia Teixeira

Fortaleza Ceara, with its near perfect climate, spectacular beaches and
low cost of living is still one of South America's best kept secrets. The Europeans are catching on while most North Americans and the rest of

the world remain clueless!

fortaleza real estate

According to a recent US State Department press release. This is all about to change with direct flights to Fortaleza from the United States coming soon. Miami-Fortaleza in less than 6 hours!

Investing in Fortaleza real estate is a
tempting proposition regardless of
whether you plan to live, retire or just
spend a few months of the year here!

There are new construction sites going
up through out the metropolitan area.
The city is growing faster than ever in
recent years.

master plan aquiraz riviera

The drawing above is part of The "Aquiraz Riviera" tourist complex. Already
underway and considered the largest construction project ever in South
America. Includes 9 hotels, a shopping mall, apartments, condominiums
and an 18 hole golf course (the first in the state of Ceara)!

Many Brazilian investors buy early in
the planning stages from a reputable builder. Selling the properties only a
few years later for as much as a 40
percent mark up.

This makes perfect sense for the
foreign investor as well. Who may
be eligible for financing with the
builder.

For example, an apartment or condominium that was worth R$ 150,000 in 2002 is now worth between $250,000 and R$ 300,000 in 2009.

master plan aquiraz riviera

So even with the Dollar falling against the Real; Investing in Fortaleza real
estate would still be considered a winning proposition when compared to
many other markets in the recent past.

If you are seriously considering buying
Fortaleza real estate the best advice
is choosing your agent carefully.

The first mistake a foreigner can
make is assuming that buying real
estate in Brazil will follow along
the same guidelines as back home.

Another is making direct contact with a third party representing a property
over the internet before choosing a qualified agent. By doing so including
them in the buying process and lowering ones bargaining power.

An honest real estate broker can be difficult to come by and there are many tricks for getting the buyer to spend more than is necessary and
not enough space on this page to list them all.

master plan aquiraz riviera

Above all your real estate agent should be trustworthy and concerned with finding what the right property is for you. Knowing that as a satisfied customer you will surely require or recomend their services in the future!

No contract is required between the client and agent and they should not
make you feel pressured to buy a property under any circumstances!

Author - Fabricia Teixeira is a licensed real estate
agent for the Caixa Economica Federal, presently
studying Law at the University of Fortaleza at Unifor
and has completed college level English courses in
North America.

For more information she can be contacted at the Caixa Economica Federal / Shopping Iguatami or the following e-mail address: INVEST.FORTALEZA@GMAIL.COM

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