Sao Paulo Property Market and Real Estate Guide
(Sao Paulo, Brazil)
Sao Paulo is the largest city in the Southern Hemisphere, and very much the economic and industrial powerhouse of Brazil
. It is the alpha city of Brazil and sets the tone and pace of arts, culture, sports and finance for the entire country.
Consequently, property prices in Sao Paulo are not as expensive as they are in the more popular Rio de Janeiro, where wealthy immigrants and retirees flock to rent and buy. The sheer amount of properties in gargantuan Sao Paulo means that prices stay fairly reasonable, at about a third less than in Rio de Janeiro
The most expensive districts in Sao Paulo are the central ones, such as the Liberdade and its Little Tokyo precinct, and anywhere in south Sao Paulo, such as Interlagos. Sao Paulo's eastern districts occupy a former industrial belt and property prices here are at least half what they are in the centre and the south.
Renting Serviced Apartments
Sao Paulo is a bustling centre of business and commerce, and fitting this status is a broad serviced apartment market. Even many Sao Paulo hotels have converted several of their floors into serviced apartments, to suit the growing need for familiar but smart accommodation for those visiting the city on business.
Serviced apartments are very good value in Sao Paulo, since most come with regular maid service and all home comforts, while being priced similarly to hotel rooms in the same district. Serviced apartments in the central business district will be up to double the weekly rental of similar apartments elsewhere in the city.
Buying Apartments and Houses
There are no restrictions on foreigners buying property anywhere in Brazil and this includes buying property or investing in real estate in Sao Paulo. The CPF is the documentation needed to set the wheels in motion and it can be obtained by presentation of any valid passport, of any nationality.
Professionals may like to buy an apartment in the financial centre of Jardins, but expat families looking for affordable homes will be better advised to purchase in one of the affordable suburbs like Vila Madalena.
The process of buying then rolls along in a familiar fashion, with contracts being drawn and deposits falling due before settlement. To live in Sao Paulo permanently, non-Brazilians will need to be aged 50 or older and earn a reasonable income each month, or be married to a Brazilian.
Real Estate Agents
Realtors in Sao Paulo are a canny bunch of multilingual professionals who offer sophisticated and cosmopolitan services to an international clientele. Sao Paulo is Brazil's economic center and this verve is reflected in the excellence of property managers and agents here.
Check out the following Sao Paulo realtors and real estate agents:
Address: Rua Campevas 341, Sao Paulo, Brazil
Tel: +11 3868 0255
Upscale properties tailored to the corporate market.
Address: Pc Charles Miller, 80, Sao Paulo, Brazil
Tel: +11 3677 0555
Portuguese language is spoken at this small and friendly local real estate agent.
Gama Felho Consultoria Imobiliaria Higienopolis
Address: Alameda Barros, 380, Sao Paulo, Brazil
Tel: +11 3578 2190
Serviced apartments and short term rentals are the order of the day at this ritzy Sao Paulo realtor.