Costs related to the purchase of real estate in Brazil
Acquisition costs
In addition to the 6% fees for real estate, the buyer will have to pay several taxes that represent up to +/- 6% of the value of the property purchased.
Property transfer fees (ITBI: Tax on transfers of real estate) are +/- 2%
The notary fees for drawing up and registering the deed are +/- 2/3%
Negative certificates
Possible attorney fees
In Brazil, there is also a “LAUDEMIO” fee for residences - properties close to the sea and also on the islands. it is a tax that can reach 5%. A property tax on this tax is due each year
Rental or sale fees.
Property rental tax is between 05 and 27,5%
There are also taxes on real estate capital gains, which can be reduced if the funds are reinvested.
