Resale Property in Brazil

Resale Property in Brazil

• Bargain buys: some resale properties will always have a below market price. This can be because the house requires some modernisation work, or perhaps because the vendor wants a quick sale. Either way the property will represent good value for money.
• Properties with character: whilst some buyers will prefer the modern finish and convenience of off plan property, others will seek a property that is “individual” or has a unique style. This is very much a matter of personal taste and can only really be catered for with a decent resale portfolio.
• “What you see is what you get”: some people find it hard to visualise their finished off plan property based solely on architect’s plans and artist impressions. A certain amount of faith in the developer is required when buying this way, and that can alarm some buyers. Resale property is not about selling an abstract concept; instead you see exactly what it is you are buying.
• Many off plan units come on to the resale market around the time of completion. Whilst the price will have gone up, the fact remains that they will still represent a good buy and you can benefit from seeing the finished product.
• Location, location, location: by opting to only consider an off plan purchase you are greatly narrowing your choice of location. Successful property investment is all about location. The resale portfolio offers the discerning investor a wider choice of up and coming areas, thereby potentially offering greater growth and return.