[QUOTE=MrEnternational;2684813]Why did you decide to buy versus rent?[/QUOTE]Are we still talking about Brazilian real estate or are we talking about marrying a Brazilian escort? LOL.
Printable View
[QUOTE=MrEnternational;2684813]Why did you decide to buy versus rent?[/QUOTE]Are we still talking about Brazilian real estate or are we talking about marrying a Brazilian escort? LOL.
[QUOTE=Bravo;2684697]...I was hoping I could hear some feedback from members who actually purchased property as to why they chose the area they live in....[/QUOTE]I have no experience. But I will rent for a few months or even a year if necessary to see if I like the location. The problem I see purchasing property in SA is they are very illiquid.
Another way I will look at it is to estimate how many years I will stay in the property, then make cost comparison vs renting. The advantage of renting is you can live in newer place and move around whenever you want.
The way I probably will do it is to have a property elsewhere like US but it would cost more. Then use the rent income to rent property in Brazil.
[QUOTE=Bearsi;2684618]..SEEN...[/QUOTE]I think it is easier if you go earlier and is ok sitting at the bar, then wait for a table if one is available.
Furthermore, to my points.
1. Buy or Rent.
Every one, especially foreign nationals who live in Rio, need to be prepared for the following scenario. You go to Bradesco, and your card doesn't take money out, and your phone won't work. Then you go back to your hotel safe or the inside pocket of your pack, and you have to buy a ticket at the airport, or maybe rent a new apartment in Rio for cash, better if you appear as a Rio fireman and or professor of English at some respected institution.
What is a more powerful weapon of mass destruction? Shutting down access to your money or.
Have a plan.
2. If you buy.
Niteroi. First time I came to Rio (trip 1 of 27, and 27 may be forever), I stayed with a rich investment guy and his kid who invited me in a gated community in Niteroi in a big ass house with a white haired mister mom who cooked well, and did Natal and Ano Novo in the Inga (district in Nitero) two story penthouse apartment with tons of hot ass nieces, there for the ass grabbing and fucking in side rooms, and in the beach house out on the coast across from Niteroi where the super rich (by local standards) buddies of the investment guy in their houses had fireworks (fogos) contests in the hours leading up to new years when Copa, across the mouth of stinking guanabarra bay shot off their wad of 15 minutes of orgasmic air bursts. Every day investment guy and his daughter and their guest would take a nice, scenic boat ride across the pond (g bay) to Praca XV, 250 meters from 4 x 4, Cais do Oriente, where Investment guy had a office, somewhere there, also within 500 meters of Praca XV, a regional water transportation hub, including to Paraty, etc. So, there are your search parameters. Look at all the ferry stops on the Niteroi side, and walk around 250 meters.
Also, for condos in Barra, like Riviera, Re / max had a realtor. So search for Re / max, ask for a realtor for Riviera.
[QUOTE=Vagabundo1;2684713]Buying Property in Rio de Janeiro, Brazil.
1. To buy or not to buy, that is the question.
My view is do not buy property in Brazil. Rent. The reason is geopolitical risk. Russia and America are at war, and Brazil is neutral. Fucking gringos is the main source of GDP and income for the GDPs and all the Brazilians in the GDP supply chain, including realtors. You want to be able to put all your trash in a bag and GTFO, even if you stay here for the rest of your natural life which lasts 100 years. That said.
2. If you buy property in RJ..[/QUOTE]
Buying Property in Rio de Janeiro, Brazil, part 3.
Also, pricing?
You are searching for $150 k USD or less?
That is a lot of money.
I was quoted 200,000 BRL for two units at Transamerica. The units come in large and small rooms. So, for example, 1510.1 and 1510.2 are one unit, with. 2 small, and. 1 large. So, the maintenance guy a former army guy who fought druggies with the police and showed me the bullet wounds, pitched me on, hey live in one, and rent the smaller one.
I mean, 200,000 BRL is (or in 2021 with the exchange rate at 5.8 was) like 40,000 USD, and I could throw that on a business card even without a mfkn Brazilian CPF and bank account.
I mean 300,000 BRL should buy a lot of condo out in Recreio.
150,000 USD should buy a lot of condos, and or management in a building.
I mean, I brought top tier powertools with me, vice and drill, but again, that is force of habit.
That said, look at what happened to Brazil in World War 2. Brazil was key. But it played both sides, sent Generals to Germany, sent soldiers to fight with America. Rio might have been a great place to be, almost certainly was. Of all the megacities in the world, my view is Rio would be the safest place in the world to be in a major geopolitical era, which we are clearly in.
[QUOTE=Vagabundo1;2684713]Buying Property in Rio de Janeiro, Brazil.
1. To buy or not to buy, that is the question.
My view is do not buy property in Brazil. Rent. The reason is geopolitical risk. Russia and America are at war, and Brazil is neutral. Fucking gringos is the main source of GDP and income for the GDPs and all the Brazilians in the GDP supply chain, including realtors. You want to be able to put all your trash in a bag and GTFO, even if you stay here for the rest of your natural life which lasts 100 years. That said.[/QUOTE]
[QUOTE=Nounce;2684997]The way I probably will do it is to have a property elsewhere like US but it would cost more. Then use the rent income to rent property in Brazil.[/QUOTE]This is an excellent idea. The only disadvantage is that the USA Rental income will be taxable and of course the Brazilian rent expense is not.
I own property in the USA. It has been a pretty good deal with tax incentives. I have paid off the mortgage and the value of my home has more than tripled since I bought it, but home ownership still carries with it a lot of financial responsibilities and requires constant upkeep. If you aware of these things and you plan to stay in a place for the next 10 years then real estate is a good investment.
But personally I would shy away from buying real estate in a foreign country. It is easy to get in, maybe not so easy to get out. Plus we have all seen how the Brazilian currency fluctuates over 10 years. An asset denoted in BRL is subject to this risk. Something to consider, but if you plan to live in Brazil or spend a lot of time here then I suppose there are worse things you can spend you money on. Barra would probably be where I would look for a nice 2 br condo if I wanted to live in RJ.
200,000 is 66 months of 3000 brl monthly rent so 5.5 years. I've lived here for 2 years. I don't trust Brazil enough to assume 5. 5 years. Or do I?
That is the math.
[QUOTE=Vagabundo1;2685095]Buying Property in Rio de Janeiro, Brazil, part 3.
Also, pricing?
You are searching for $150 k USD or less?
That is a lot of money.
I was quoted 200,000 BRL for two units at Transamerica. The units come in large and small rooms. So, for example, 1510.1 and 1510.2 are one unit, with. 2 small, and. 1 large. So, the maintenance guy a former army guy who fought druggies with the police and showed me the bullet wounds, pitched me on, hey live in one, and rent the smaller one..[/QUOTE]
Of course, I could rent out the smaller unit, often getting 2000 to 3000 reais per month. But I hate being a landlord. But this would make it interesting, very interesting.
[QUOTE=Vagabundo1;2685115]200,000 is 66 months of 3000 brl monthly rent so 5.5 years. I've lived here for 2 years. I don't trust Brazil enough to assume 5. 5 years. Or do I?
That is the math.[/QUOTE]
Prezado viajante,
Conforme a Portaria Interministerial andº 670, de 1º de abril de 2022, a Declaração de Saúde do Viajante andão é mais exigida para embarque com destino ao Brasil. No entanto, você pode enviar a sua Declaração clicando no botão abaixo:
Estimado viajero,
De acuerdo con la Ordenanza Interministerial and° 670, del 1 de abril de 2022, ya no se requiere la Declaracióand de Salud del Viajero para embarcar a Brasil. Sin embargo, puede enviar su Declaracióand haciendo clic en el siguiente botóand:
Dear traveller,
According to Interministerial Ordinance No. 670, of April 1, 2022, the Traveler's Health Declaration is no longer required for boarding to Brazil. However, you can submit your Declaration by clicking on the button below:
Visite o Portal the Anvisa para maiores informações.
Portaria Interministerial andº 670, de 1º de abril de 2022.
Agência Nacional de Vigilância Sanitária.
[QUOTE=Vagabundo1;2685115]200,000 is 66 months of 3000 brl monthly rent so 5.5 years. I've lived here for 2 years. I don't trust Brazil enough to assume 5. 5 years. Or do I?
That is the math.[/QUOTE]Rent.
Unless: this is your endgame -- or -- you can walk (or run) away from it without a second thought.
That is the reality.
And with renting, you can get something nice and big, not with your budget a little squat with view of other apartos.
[QUOTE=WyattEarp;2685103]This is an excellent idea. The only disadvantage is that the USA Rental income will be taxable and of course the Brazilian rent expense is not.[/QUOTE]Probably higher property tax too, also the fee to have someone manage it for you. What you get in return is it is easier to convert it to cash or just get a loan in US. There are other countries you can do this because 150 K can get pretty high end property elsewhere that you can charge a premium. But it is a hassle to deal with it when you are retired.
Hello everyone,
Hope you all are enjoying the heat.
It's been long time posting on ISG.
I had lots of fun in India but recently shifted to Ireland.
I have a work related trip in Rio in 3rd week of May & will be staying in Barra Tijuca area.
It would be great if the experts can guide me for some nice places to enjoy. I'm into Massages, Full service fun, Dance, Nudism, Swinging and lot more.
I read about Termas (I assume its something like a Dance bar or Strip club) but most of them seem to be far from my hotel.
I'm part of Nudist group here in Ireland, so would like to know if there are any in Rio.
Also, if anyone knows about any Swinger Parties happening like we have here in UKI through Fab swingers.
Thanks in advance!
Looking forward to all of your ideas & guidance!
[QUOTE=SameeRonaldo;2685412]I'm part of Nudist group here in Ireland...[/QUOTE]Interesting, an Irish nudist group. I'd like to have the sunblock concession.
I met her on a second dip at dolce vita at 2:30 am, I spent some days with her, asked her to run away with me, we had a blast, love these milfs. When they get to their 30's they start to look for an exit strategy. An older guy like me looks like a good option, I've seen this over and over again in recent years, this one was tough to let go.