The city of Fortaleza is becoming a gold mine where investors are seeing its potential of bringing in more tourists and more businesses than it already is doing. Right now Fortaleza is already a big tourist destination and it already has a lot of infrastructures that contribute a lot to its economy. But the city is actually just blossoming and this is just a start of more things to come.
A lot of Europeans have already realized this and a lot have already invested in different real estate properties. With the city’s great climate and great beaches plus a low cost of living, it will be just a little while until more investors would join in.
Before long prices would already go up as the demand increases. It would be good to invest now just as real estate in the city is not as expensive as in other countries. And as more direct flights would materialize, you may also expect prices to go up.
Tips for buyers
If you are one of those that are seriously considering buying a property in Fortaleza then it will be good to know some real estate tips to guide you along the process. Whether your plan is to get a property for a business, or for your retirement it is good to be equipped with the need-to-know in the real estate business.
The most important thing to do is to choose your real estate agent carefully. Don’t rush into things and don’t just go with anyone that you don’t know squat about. Ask around and do your research.
Another important thing to remember is not to assume that the same process that you follow in your country for buying a property also applies in Fortaleza. Be sure you know the real estate system in the city first before starting the process. It will be good to know these things before you get in the middle of it all.
Also, a tip for buyers: never contact the third party that represents the property over the Internet. What you must do first is choose a qualified agent. This way you avoid including the third party in the buying process and you don’t risk lowering your bargaining power.
Once you have carefully chosen your agent, also know that there is no contract between the agent and buyer so should not feel pressured to buy a property that you don’t want and need 100%.