Thursday, April 19, 2007
Paraguay Real Estate
Paraguay real estate may not have the dramatic tourist attractions of its more famous South American neighbors, but what it does have is a spectacular range of unspoiled terrain that is perfect for nature lovers, anglers and bird-watchers. The diverse Paraguay Real Estate ranges from rain forest, ranches and subtropical farms to marshland and savanna. The vast Chaco region, which is stark and sparsely populated, is great for trekking.
Geography of Paraguay Real Estate
Paraguay real estate is divided into two separate, natural regions by the Paraguay River. On the west is the vast, arid Chaco region - gigantic piedmont plain of scrub and marsh. On the east is the Paraneña region – a heady mixture of fertile, grassy farmland, valleys, plateaus and rolling hills.
The eastern Paraneña region is heavily populated and is home to almost 95% of Paraguayans. The climate here is more predictable and the geography of the land more hospitable. The broad Parana River is the only link between land-locked Paraguay real estate and the sea.
Asunción the energetic capital of Paraguay real estate is located on the hills above the Rio Paraguay. Asuncion is a mix of colonial, beaux-art buildings and glitzy modern demeanor. Most of the finest attractions of Paraguay real estate are a short distance away from the capital. There’s Itaguá, the weaving capital famous for its spider web or ñandutí lace and also the lakeside resorts of San Bernadino and Areguá, both on Lago Ypacaraí.
Buying Paraguay Real Estate
Foreigners are encouraged to engage in industry and commerce and there are no restrictions on foreigners buying and owning Paraguay real estate. However there are certain rules to comply with when it comes to purchasing Paraguay real estate.
A Notary Public is essential when buying or selling Paraguay real estate. The Notary Public is responsible for obtaining the certificates necessary for preparing the Transfer of Deed - the tax clearance from the municipality; Cadastre or Zoning Certificate from the National Service of Cadastre; Non-Encumbrance and Free Disposable Assets from the General Direction and the Tax Compliance from the Ministry of Finance. The fees for this service vary and could be anything between 0.75% to 2 % of the value of the property and the VAT due is 10%.
After getting the Transfer of Deed notarized a Municipal Tax of 0.2% -0.3% of the property cost has to be paid, depending on the location of the property. The final step is registering the documents that are notarized at the Public Registry by the Notary Public. A fee of PGY 200,000 (US$36) has to be paid towards registration and PGY 187,000 (US$32) towards Administrative expenses. The Judiciary Tax is 0.74% of the value of the property. The whole process of purchasing and registering a property could take about 48 days to complete.
Wednesday, April 18, 2007
Rio de Janeiro Real Estate
Interesting Rio de Janeiro
Rio de Janeiro is one of the most interesting cities in the world. Very few urban areas can compete with Rio de Janeiro for sheer physical beauty. Nestled between unending stretches of beaches and mountains, Rio de Janeiro real estate is in several ways defined by them. From its world-famous beaches Ipanema, Copacobana and Leblon to its spectacular mountains Serrs da Carioca and Sugar Loaf, from its high-rise European style urban development to the poverty stricken hillside favelas, Rio is a study of contrasts.
The Three Zones of Rio de Janeiro
Rio de Janeiro real estate is divided into three distinct zones that have their own unique land use, social and economic structure. The affluent South Zone is defined by its majestic mountains, sandy beaches and spectacular views of the ocean. The world-famous Christ the Redeemer statue atop Sugar Loaf Mountain forms part of the South Zone and so do the famous Ipanema, Copaabana and Leblon beaches.
The Central Zone in downtown Rio de Janeiro real estate is known as the Central Business District and is the business, commerce and banking center. Thirty museums mingle with the municipal and state government offices in this Central Zone.
The North Zone is the industrial center of Rio de Janeiro real estate. This is the main port area and is bordered by Guanabara Bay on the east. The Maracana Stadium and the airport are located here.
Exciting football and carnival
Rio de Janeiro real estate is home to 11 million people whose zest for life and living is well known. Their passion for football is unrivalled and everybody here plays the game with envious skill and dexterity. One every four years, during the Football World Cup everything comes to a stand still while the whole football-loving nation gathers around to support their home team. The Maracana Stadium, which can seat 200,000 football fans, is always buzzing with action as it hosts one ‘futebol’ game after another.
“Carneval” is synonymous with Rio de Janeiro. Nothing compares to the Carnival in Rio de Janeiro. It is without doubt the largest party on earth. The Sambodrome is packed with action and the excitement is palpable. Watching the Carnival parade on TV comes a distant second to actually being there and experiencing it first hand.
Reasons to invest in Rio de Janeiro real estate
Acquiring Rio de Janeiro real estate is considered one of the best investments in recent years due to the appreciation factor. Rio de Janeiro real estate has been giving tremendous returns in the recent past, which is mainly due a significant decrease in interest rates and inflation and also its popularity among foreign investors.
Some of the other reasons for investing in Rio de Janeiro real estate include
• It’s relatively low price compared to most other international countries.
• High annual returns on real estate investments
• Renting out your apartment is a brilliant idea- you get high income per month while you property value steadily appreciates.
• Low labor costs mean lower costs of apartment maintenance.
Some companies will help you rent your apartment to temporary residents. They will assume responsibility for renting, cleaning and paying bills at no cost to you at all.
Tuesday, April 17, 2007
Portuagal Real Estate For Sale
Portugal Real Estate
Attractive
Things to consider
Portuguese authorities have resisted the urge to encash on this property boom and they have very strict laws in place to preserve the scenic landscapes of
The most popular tourist destination is the
The Duoro region is well known as the port-making region of
Buying
You need to take a lot of care and time when buying
Foreign investors need to obtain a fiscal number and a tax card from the Portuguese authorities before investing in any