Santos is a small municipality in the province of Sao Paulo that offers great real estate investments. Many foreign investors choose this area of Brazil for its great prices on Santos real estate and for the areas beautiful weather.
Santos is a unique town located partly on the island of Sao Vicente and partly on the mainland. It is home to Latin America's largest seaport. Santos has two vastly different areas; that of the island and that of the mainland. The island area is urbanized and densely populated, while the mainland has more farmland.
Santos is home to beautiful weather year round, great beaches and plenty of activities. Real estate in Santos, Brazil is a bit more expensive than some other areas of Latin America, but is still a great value for foreign investors. Because there are many well to do families in Santos, there are quite a few high-end properties available. Condos and apartments are readily available both in the downtown area and along the coast, however, and many of them are quite affordable.
Because the cost of living in Brazil is about 20% of that of the US, it is a popular place for Americans to retire. Add to that the great prices on real estate in Brazil, and you have a perfect combination for investment or retirement.
Buying real estate in Santos, or any other part of Brazil is fairly simple for foreigners, but there is a strict process you must follow. Foreigners will need to apply for a CPF card before you can buy property, and you will need a Brazilian address where the government can send your CPF card. So, while Brazil is very open to foreign investors, it may take a little time before you're able to complete a real estate transaction in Brazil. But, this requirement gives you a little time to determine where you want to live in Brazil and get to know the cities.
If you need a mortgage to purchase your real estate in Santos, Brazil, you'll want to obtain it in your home country, since interest rates at Brazilian banks are very high. It pays to work with a licensed agent for your Santos real estate purchase, to ensure that the process is followed correctly to avoid costly mistakes and delays.
Like most of Latin America, real estate in Santos, Brazil is a very good buy right now. But, Latin American economies are definitely on the upswing, so experts predict that real estate prices will steadily rise in this part of the world. If you want to own your own piece of beautiful Brazil, the time to purchase real estate in Santos is now.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Santos Brazil real estate listings , Santos Brazil real estate for sale , and Santos Brazil real estate. Santos, Brazil real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.