After the crisis that devasted Brazil, the Brazilian real estate market has shown consistent improvement and balance, with favorable future expectations. Recently, the Brazilian Association of Real Estate Credit and Savings (Abecip) announced an increase of 30% in the purchase and construction of real estate in 2018, compared to the previous year. The expectation is that this growth will consolidate and mark a new decade of consistent and enduring appreciation of the real estate market.
Not only will access to credit impact real estate market growth, but there will also be considerable activity due to privatization and potential relaxation of foreign ownership restrictions on rural real estate properties. Thus, combined with favorable economic growth, effective financing measures and legislation directed at developing a liberal economy and legal certainty, the real estate market is projected to enter a new era.
At Trench Rossi Watanabe, our real estate law team has sound experience and wide technical qualifications in local and international operations, to safely and reliably meet our clients’ legal needs in the Brazilian real estate sector. Our focus is to provide our clients with high level and coordinated real estate legal advice to meet complex demands. We assist our clients in the purchase, sale, and lease of real estate properties in Brazil, including in structured operations of built to suit, sale & leaseback, formation of compounds, business parks, etc. We also assist in other jurisdictions thanks to our strategic cooperation with Baker McKenzie.