Tag: Brazil

World Prix d’Excellence Award: Luxury Condo in Brazil

Brazil has earned its first gold medal in the residential category  of the 65th edition of the Priz d’Excellence, which was held in Luxemburg last May. In addition to the gold medal in the Low Rise Residential category with Vila dos Corais in Pernambuco, Brazil was also awarded in the Office category for the Centro Empresarial Senado in Rio de Janeiro. The Vila dos Corais condo was created by the construction company Odebrecht Realizações Imobiliárias. The condo, which was the…

Brazil Fears a Property Bubble

Following numerous years of growth, Brazil has begun to fear the onset of a real estate bubble. In recent years a great number of foreign investors have invested in luxury residences in Brazil. Subsequently, leading to financial growth in the Brazilian economy in preparations for the Football World Championships and the Olympics which will take place in two years time in Rio de Janeiro. However, there have been a number of alarm bells and the experts at AFP fear that…

Real Estate Prices in Brazil Remain High

Owning a property in a paradise oasis is a dream come true for many, a getaway amidst a panoramic setting with a wonderful climate. Brazil ticks all the right boxes for such a destination, with strong political and economic developments Brazil seems to be a rather appealing location for investments. However, this does not necessarily mean that the evident appeal to purchase a high-end property in Brazil is that straight forward. A recent report carried out by global rating agency…