Triplex Apartment / Penthouse in Moema, Sao Paulo

Property Deposits & Payments Terms

A deposit would be required to secure the property, in Sao Paulo this is usually standard at between 10% to 20% of the Investment Property Price. We would advise that a lawyer is introduced to the transaction at an early stage.  They will complete initial due dilligence on the documents.  Once verified, a deposit can be paid.  We can recommend various neutral Brazilian Lawyers in Sao Paulo (and in UK or USA if required).

The final payment will be required within 30 days maximum of the deposit payment.  Should you wish to extend the payments slightly, then it may be possible to negotiate with the seller / owner a stage payment plan.

Associated Purchase Costs

In addition to the listed price for the investment, the following costs will apply to your purchase:

• Property Transfer Tax (ITBI) of approx 2% (payable at the City Hall).
• UK / Brazilian Lawyer (optional but recommended) - good lawyer around 1% of property price.
• Admin / Processing (includes all processing costs) £150 (see below)
• Deed and registering the deed costs is about R$ 2000
• In some cases there are can be additional tax on purchases- we will advise in these cases. 

Sao Paulo Property Running Costs

Monthly Utility and other costs directly associated with this property in Sao Paulo can be obtained upon request.

Below is a list of the main utilities.

• Council Tax / IPTU Tax (per year)
• Water
• Electric
• Condo Fee (if in condo)