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!

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

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 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.

While financing with a bank can be next to impossible if you are not generating an income here in Brazil.

master plan aquiraz riviera

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 2008.

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 besides choosing your agent carefully would be to move slowly.

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

An honest real estate broker can be difficult to come by. 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 is the right property for you. Knowing that as a satisfied customer you will surely require or reccomend 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 following e-mail address: Fortaleza_Real_Estate@yahoo.com

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