Transaction Costs
Costs of Buying Real Estate in Brazil
Closing costs will total about 4% of the purchase price, plus the cost of any legal fees or title insurance. The 4% breaks down as follows: 1% for creation of the escritura, a 2% transfer tax, and another 1% to register the property.
Capital gains tax is usually 15%, paid at the time of the sale. Reinvestment of the gain into another property—and deferral of the tax—is permitted under Brazilian law.
Condo fees are generally inexpensive by North American standards. For a typical condo project with a pool and basic services, expect to pay less than $80 per month.
Property taxes will vary with the municipalities involved, but most beachfront condos that I looked at were forecast to be around $250 per year.