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Brazil’s construction and housing markets have experienced impressive growth over the last several years, while much of the rest of the world’s markets have been in steep decline. New residential and commercial construction is at an all-time high in several major metropolitan regions, including Rio de Janeiro and São Paulo. Existing construction prices are also climbing in these areas, with major cities experiencing upwards of 30-40% appreciation annually.
Between the astounding expansion in new construction and the ever increasing costs of real estate in the city centers, many consumers are left to choose between migration out of the most desirable areas of the city, or being forced to reside in housing that averages 35-40 years of age and simply cannot compete with the modern comfort and features new construction.
Brazilian Realty Professionals has identified a market for consumers that are unwilling to leave the most coveted locations of the city in exchange for newer housing or more modern appointments. In desperate need of qualified professionals to renovate their existing property, or to remodel their next purchase, our group provides all the support necessary to create an oasis of modern design and architecture in the heart of these historic cities. |
