How to Buy Property in Brazil as a Foreigner

Who can buy property in Brazil?

Individuals from abroad, whether residing internationally or within the national territory, have the freedom to purchase property in Brazil. There are no constraints on foreign ownership, be it for residential, commercial, or land purposes. However, it is important to note that all transactions are subject to regulation by the Brazilian legal system.

Do the research

Investing in real estate in Brazil offers appeal for various reasons. The nation features a diverse and expansive geography, including beautiful beaches, the Amazon Rainforest, and iconic landmarks. Brazil´s growing urban centers, such as Rio de Janeiro and São Paulo, provide opportunities for real estate development and investment. The country´s rich cultural heritage, evident in events like Carnival and significant contributions to music and sport, further enhances its allure.

Despite economic fluctuations, the real estate market in Brazil has demonstrated resilience and potential for investment returns. The thriving tourism industry, attracted by Brazil´s natural beauty and cultural offerings, also contributes positively to real estate investment, especially in tourist-centric areas.

Here are some desired locations for real estate investments:

  • Rio de Janeiro - Known for its iconic beaches, including Copacabana and Ipanema, Rio de Janeiro is a major cultural and economic hub. The city offers diverse real estate options, from beachfront apartments to urban residences.
  • São Paulo - As the largest city in Brazil, São Paulo is a bustling metropolis with a strong economy. It attracts real estate investors looking for opportunities in commercial and residential properties.
  • Florianópolis - Located on the southern coast, Florianópolis is known for its beautiful beaches and a high quality of life. It´s a popular destination for those seeking a mix of urban amenities and natural surroundings.
  • Salvador - With its rich history and vibrant culture, Salvador is a historic city known for its colonial architecture. The city´s unique charm attracts those interested in cultural experiences and historical properties.
  • Brasília -  As the capital of Brazil, Brasília is known for its modernist architecture and urban planning. It offers real estate opportunities in both residential and commercial sectors.
  • Fortaleza - Situated in the northeast, Fortaleza is a coastal city known for its beaches and tourism. Real estate investors may find opportunities in the hospitality and residential sectors.

Where to find properties online:


Securing a mortgage can be challenging, especially if you´re not a legal permanent resident. It´s highly improbable for non-residents to obtain a home loan. If, by chance, you find a bank accommodating your requirements, you´ll typically need to furnish your Brazilian tax number (CPF) and provide notarized copies of your personal identification documents. However, it´s worth noting that the majority of foreign buyers in Brazil opt to purchase property outright.

Due Diligence and Sales Contract 

In Brazil, the document governing real estate transactions is called "Contrato de Compra e Venda" or Purchase and Sale Agreement. It outlines the mutually agreed-upon terms and conditions between the buyer and seller, encompassing details like property description, price, payment terms, and other relevant information. This agreement is legally binding, signifying that once both parties sign it, they are committed to fulfilling their respective obligations. It´s important to note that non-residents may encounter additional bureaucratic steps, such as registering with Brazilian tax authorities and ensuring compliance with currency exchange regulations.

The signing of the "Contrato de Compra e Venda" typically takes place following initial negotiations when both parties have reached a consensus on the terms.

Property Buying Costs and Taxes in Brazil

Transaction Costs
    Who Pays?
Transfer Tax (ITBI) 2.40% - 3.00% buyer
Notary Fees 0.50% - 2.00% buyer
Registration Fee 0.50% - 1.00% buyer
Legal Fees 1.00% - 2.00% buyer
Real Estate Agent´s Fee 4.00% - 6.00% seller
Costs paid by buyer 4.40% - 7.00%  
Costs paid by seller 4.00% - 8.00%
Source: Global Property Guide