Real Estate in Brasilia, Brazil
Last updated on Apr 23, 2023
Summary: The average cost of a nice 2 bedroom home in Brasilia, Brazil is around $200,000 USD. A nice 3 bedroom home in Brasilia is around $250,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and a fully equipped kitchen. Some properties may also include a swimming pool, terrace, and/or garden. Foreigners are allowed to purchase property in Brasilia, however, they must obtain a CPF (Cadastro de Pessoas Físicas) number from the Federal Revenue Service. An expat looking to buy a home in Brasilia should start by researching the different neighborhoods and areas of the city. They should also consider their budget and lifestyle when selecting a property. Additionally, they should consult with a real estate agent to help them find the best property for their needs. The most desirable neighborhoods in Brasilia include Asa Norte, Asa Sul, Lago Sul, and Taguatinga. These areas are known for their modern amenities, safety, and convenience.
How do I find a place to live in Brasilia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Brasilia is to use online resources such as websites and apps. Websites such as ZAP Imoveis, VivaReal, and OLX are popular real estate sites in Brazil that offer a variety of listings for apartments, houses, and other types of properties. Additionally, there are a number of apps such as QuintoAndar, Imovelweb, and Airbnb that can be used to search for rental properties in Brasilia. Additionally, it is possible to find a place to live in Brasilia by networking with people in the area or by contacting local real estate agents," said one person in Brasilia.
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What is a typical expat home or apartment like in Brasilia?
"Expat homes and apartments in Brasilia are typically modern and spacious, with large windows and balconies that offer stunning views of the city. Many expats choose to live in the city's high-rise buildings, which offer amenities such as swimming pools, gyms, and 24-hour security. Expat apartments often come fully furnished with modern appliances and furniture, making it easy to move in and start living right away. Additionally, many expats choose to live in gated communities, which provide a sense of security and privacy," remarked one foreigner who made the move to Brasilia.
What is the average cost of housing in Brasilia?
If you are thinking about moving to Brasilia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Brasilia can vary greatly depending on the area and type of property. Generally, the average cost of a one-bedroom apartment in the city center is around R$2,000 per month, while a three-bedroom apartment in the suburbs can cost around R$2,500 per month. Prices for larger homes and luxury properties can be significantly higher," explained one person living in Brasilia, Brazil.
Should I buy or rent a home in Brasilia?
If you have not spent a lot of time in Brasilia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Brasilia can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of rental properties. Renting a home in Brasilia can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Brasilia should be based on individual needs and preferences," said one expat in Brasilia.
What do I need to know when buying property in Brasilia?
When we asked expats what advice they would give a foreigner before buying a property in Brasilia, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Brazil, including the need for a Brazilian tax ID number and a Brazilian bank account. 3. It is important to understand the local zoning laws and regulations, as well as any restrictions on foreign ownership of property. 4. It is important to understand the local infrastructure and services available in the area, such as transportation, utilities, and healthcare. 5. It is important to understand the local culture and customs, as well as the language spoken in the area. 6. It is important to understand the local tax laws and regulations, as well as any applicable taxes or fees associated with the purchase of property. 7. It is important to understand the local real estate market and the current market value of the property. 8. It is important to understand the local financing options available, including mortgages, loans, and other financing options. 9. It is important to understand the local laws and regulations regarding rental properties, as well as any applicable taxes or fees associated with renting out a property. 10. It is important to understand the local laws and regulations regarding property maintenance and upkeep, as well as any applicable taxes or fees associated with maintaining a property," said one in Brasilia.
Are foreigners allowed to own property in Brasilia?
When we asked expats what advice they would give a foreigner before buying a property in Brasilia, they said...
"Yes, foreigners are allowed to own property in Brasilia. However, there are certain restrictions and requirements that must be met. Foreigners must obtain a tax registration number, known as CPF, from the Brazilian Federal Revenue. Additionally, they must have a legal representative in Brazil, usually a lawyer, to handle the property registration process. It is also important to note that there are limitations on owning properties in rural areas or near national borders for non-Brazilian citizens. Despite these restrictions, many foreigners successfully purchase and own property in Brazil, including in Brasilia," explained one foreigner living in Brasilia, Brazil.
What appliances are typically included in a rental?
We asked foreigners in Brasilia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In a rental property in Brasilia, tenants can typically expect to find a refrigerator, stove, oven, washing machine, and dryer. Additionally, some properties may include a dishwasher, microwave, and other small kitchen appliances," wrote one expat who made the move to Brasilia.
Additional Information about Searching for a Home in Brasilia:
We asked foreigners in Brasilia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Brasilia often start by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they can reach out to local real estate agents who are familiar with the area and can help them find a suitable home. Visiting open houses and scheduling viewings with landlords or property managers is another common approach. Networking with locals and other expats can also provide valuable insights and leads on available housing options," wrote one expat who made the move to Brasilia.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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