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MercoPress, en Español

Montevideo, April 25th 2024 - 10:59 UTC

Tag: Brazil Real State

  • Thursday, May 7th 2015 - 06:48 UTC

    Purchase real estate prices in Brazil have fallen in first months of 2015

    Rio remains the most expensive with an average purchase square meter price of R$10,653 (approx US$ 3.450), followed by São Paulo: R$8,570 ( US$ 2.760).

    Purchase real estate prices all over Brazil have fallen a combined 3.47% in real prices the first months of 2015 according to the Fipe-Zap index. The index collected real estate prices in twenty Brazilian cities and measured them against inflation, registering monthly price rises below inflation for the sixth time in a row.

  • Tuesday, April 2nd 2013 - 19:42 UTC

    Real estate prices’ increase in Rio and Sao Paulo among the highest in the world

    New buildings cover the ‘cement’ horizon of Sao Paulo

    The latest Knight Frank’s Global Real Estate Index released this month has Brazil ranking No. 3 in the world and No. 1 in the Americas for rising home prices. Only ridiculously expensive Hong Kong and Dubai, which are not countries, have seen prices rise more. So in fact, no single country has seen its housing prices increase as much as Brazil.

  • Friday, February 1st 2013 - 07:09 UTC

    Big boost for foreigners who invest in Brazilian real estate

    The construction industry to satisfy a growing middle class and to prop the economy

    Brazil on Thursday exempted foreign investors from paying a financial transaction tax on purchases of real estate investment trusts traded on the country's stock exchange. Since early last year the government of President Dilma Rousseff has aimed to develop funding alternatives for local builders, many of which are overly dependent on loans from state development bank BNDES, the main source of long-term corporate financing in Brazil.