luxury home in brazil

New York Times Features Brazil Beach House Star Property Today!

Brazil-Beach-House-New-York-Times png.jpg



This five-bedroom house is a short walk from a white-sand beach on the northeastern coast of Brazil, about 30 miles from the popular tourist destination of Natal. Built in 2006, it is part of a small gated development of 16 homes called Quintas do Coqueiral.

The 4,300-square-foot house sits on about 1.2 acres covered in palm trees and grass. Visitors enter through two large wood doors, framed by pillars. The double-height foyer opens to a living room and covered patio. There is a pool and Jacuzzi in the back yard, with a wooden deck.

The floors on the ground level are white marble concrete, a form of concrete with sand and marble grains mixed in, said Mike Smith, owner of Brazil Beach House, the company marketing the property. The doors and windows are trimmed in Brazilian hardwood, and the exposed beams and pillars are eucalyptus, Mr. Smith said.

From the foyer, stairs lead to a mezzanine level currently being used as an office. There is an open-air deck off the mezzanine.

All the bedrooms are on the ground floor. In one wing, there are two large bedrooms, each with a walk-in closet; the master has sliding glass doors that open to the pool deck. Two smaller bedrooms are in the other wing. All the bedrooms have en-suite bathrooms with marble counters.

A dining room, television room and another bathroom are also on the ground floor. The kitchen is off the dining room, overlooking the pool area, and has two refrigerators, an electric drinking fountain and a six-burner stove.

The maid’s quarters, adjacent to the kitchen, include a bedroom, a bathroom and a small attached garage, large enough for a single car. There is also a detached two-car garage on the property.

The furniture is not included in the asking price, but is available for an additional 100,000 Brazilian real (or about $31,000), Mr. Smith said.

Brazil-Beach-House-New-York-Times-Feature png.jpg


The property is about a half mile from the village of Maracajaú, a popular spot for diving. Natal, about a 45-minute drive from the house, is the capital of the state of Rio Grande do Norte, with a population of about 850,000. The closest airport is the Governador Aluízio Alves International Airport in São Gonçalo do Amarante, about 25 miles away, but most international flights are routed through Rio de Janeiro or São Paulo.


Brazil is coming out of a lengthy recession following years of political turmoil. Home prices fell 3.23 percent in 2017 and 5.38 percent in 2016, when inflation is factored in, according to the FipeZap Index, which tracks sales in 20 Brazilian cities.

In recent years, “supply exceeded demand considerably,” said Andreas Hahn, a senior partner with Hahn Consulting, in São Paulo. But lower prices and an improving economy are bringing buyers back to the market, he said. And Brazil’s economy is expected to grow 1.9 percent in 2018, according to the International Monetary Fund.

“For the first time in several years, the Brazilian real estate economy is returning to an equilibrium state,” with supply and demand in better balance, Mr. Hahn said.

Sales in the middle-price range were hardest hit by the downturn, said Marcello Romero, chief executive of Bossa Nova Sotheby’s International Realty, in São Paulo. The lower end of the market was boosted by government subsidies, he added, while the high end was less affected.

In São Paulo, where he is based, the volume of sales was up 46.1 percent in 2017 compared with a year earlier, according to data from Secovi, a property industry association.

“We think that the worst moment is over,” Mr. Romero said. “Especially in the major cities, most of the developers are preparing their launches soon.”

Although there is no official data available on sales in the Natal area, agents said prices have fallen between 10 and 20 percent in the last three years.

“The northeast is more of a holiday marketplace,” said Steve Gallagher, owner of Brazil Overseas Property, and was therefore more vulnerable when the economy slowed. “Political uncertainty,” he said, also plays a major role in the market, as potential buyers await the results of the presidential elections later this year.

“I expect confidence to grow within the market at the beginning of 2019,” Mr. Gallagher said. “And we should see property prices increasing steadily from then on.”

There are already signs the market is picking up, Mr. Smith said. “The last quarter of 2017 saw the first signs of growth.”

In the last five years, the value of the Brazilian real has dropped by almost 40 percent against the American dollar, he said, making Brazilian real estate more affordable for buyers from the United States.

In the Natal area, he added, homes in gated communities priced between $150,000 and $600,000 are the most popular with foreign buyers.


The northeastern coast primarily attracts “new buyers, mover-uppers and second-home buyers,” Mr. Gallagher said.

And foreigners make up about 25 to 30 percent of the buyers on the coast, said Mr. Smith, who primarily works with foreign prospects. Of his clientele, about 20 percent are from Portugal, he said, with buyers from Italy, Spain, Scandinavia, the United Kingdom, the United States and Canada each making up about 10 percent of his business.

International buyers represent about 10 percent of the Brazilian real estate market over all, Mr. Hahn said.


There are no restrictions on foreigners buying property in Brazil, except in rural or border areas, said Juliano Ribeiro Lomonte, a real estate lawyer based in Natal. But foreigners do need to obtain a tax registration number, known as a CPF, to buy property.

Buyers typically make a 20 percent down payment, and the final deed is signed in front of a notary. “The whole process normally takes between 30 to 60 days,” Mr. Smith said.

The transaction is straightforward, but buyers should hire a lawyer to oversee the process, agents said. “A lot of times sellers don’t know about the taxes or restrictions on the land,” Mr. Lomonte said.


Brazil tourism site:

Brazil government portal:

Real estate price index:


Portuguese; Brazilian real (1 real = $.31)


There is local transfer tax of 3 percent on this property, and notary fees are usually about 2.5 to 3 percent of the sale price, Mr. Smith said. A lawyer might charge $2,000 to $5,000, he said, depending on the property and the lawyer.

Agents’ fees are usually about 6 percent of the sale price, Mr. Gallagher said, but they are paid by the seller.


The annual property taxes on this home are 2,000 Brazilian real (or about $615), and there is a homeowners’ association fee of 1,300 real (or $400) a month, Mr. Smith said.


Mike Smith, Brazil Beach House, 011-55-84-99993-8936;


Living the Luxury Life in Brazil


Get more out of the life you live when you can find a beautiful luxury home right on the beach in Brazil. Through professional real estate brokers and others in the luxury real estate investment business, your dream of being able to watch the tide come in from your own porch or deck can easily be done. Besides the beautiful beach, Brazil has much to offer the expat or retiree looking to move. Whether you have time to visit on your own or you need an experienced real estate broker to visit and secure your property for you, you will find many homes to choose from right on the beach in Brazil.


The Best That Money Can Buy


Oceanside luxury homes in Brazil are some of the most beautiful properties that you will ever see and you will find many options to choose from during your search. Purchasing a home where you feel confident, comfortable and relaxed in is key, but having one that takes your breath away and allows you to love where you live is priceless. For investors, there are numerous beachfront hotels in Brazil to look at and make a wise investment for the future. With so many vacationing from all around the globe, it is easy to make your investment back quickly for a fast profit.


Brazil is a Relaxing Outdoor Adventure


If living your life without feeling the need to rush to and from everywhere you go seems ideal, then you’ll find a life less stressed in this beautiful, exotic country. No matter where you choose to live, you are going to find a wealth of things to do whether you like quiet evenings at home or you like hitting the hot night spots for an evening of dancing and having a few social drinks with friends. During the day, you can head to the beach for snorkeling, surfing, swimming, fishing and other water activities or even take a few swings at a local golf course or enjoy a brisk nature hike. With seemingly perfect weather, you are going to find many outdoor activities to enjoy in Brazil. Not only will you have fun, but soon you may find your health and well-being greatly improving because of the stress-free surroundings.


A Close-Knit Community Awaits


Throughout Brazil, it is common to become friends with those around you. This includes those relationships that you form with your neighbors, friends and even those you may meet in passing at the local market. If you plan to work in Brazil, you may find that it is natural to feel relaxed even on your busiest days of work. Once the work day is finished, you’ll have plenty of time to socialize with friends including neighbors that you may have met during your move.


Moving Luxury Items with You Can Be Done


Through the help of good international mover, it won’t be difficult to bring household goods or other personal property to Brazil. The biggest concern will be making sure you have the proper paperwork for customs.


Paperwork for Household Goods


•  Bill of Lading

•  Notarized copy of passport or residence visa

•  Notarized copy of Brazilian tax card

•  Notarized copy of Brazilian identification card

•  Notarized power of attorney form

•  Notarized proof of residence form

•  Copy of the airplane ticket

•  Notarized detailed inventory list



Not everyone needs to have a personal car when they move to Brazil. Public transportation can be found in the large cities and transport extends to small towns throughout the country. If you do need to import your own car to Brazil, read more here.


Paperwork Required for Luxury Vehicle Import


•  Passport

•  Notarized copy of Brazilian tax card

•  Notarized Power of Attorney

•  Passport - Stamped by Embassy

•  Proof of Vehicle Ownership

•  Sales Invoice

•  Bill of Lading

•  REDA-E form


Life in Brazil is easy to enjoy and when you work with an experienced, professional real estate professional, find the perfect property can be simple as well. Once you make your move, be sure to relax and take in the view, enjoy the beaches and spend some time unwinding from your busy life while spending day after day in a never-ending vacation.