Can foreigners buy property in Brazil?
Yes. Foreigners can buy urban real estate in Brazil with no special restrictions; you only need a CPF (taxpayer number). The purchase is formalized before a notary through a public deed and registered at the Real Estate Registry.
What additional costs does the purchase have?
Besides the price, expect the ITBI transfer tax (roughly 2–3% depending on the municipality), deed and registration fees (around 1–1.5%) and professional fees. These are indicative estimates; exact figures depend on each transaction.
What does the buying process look like?
Reserving the unit, signing the purchase agreement, document review (due diligence), signing the public deed before a notary, and finally registering the property in the buyer's name at the Real Estate Registry.
Can the property be rented out as an investment?
It depends on each property and on its condominium rules: short-stay rentals can be limited by the condominium's bylaws, so check before buying. Returns depend on location, season and management.