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New apartment construction questions

Hello expat family!


I'm looking to purchase a apartment room.

I see that alot of new apartment buildings are being built in a interested area (some finished, some 2/3 complete).

I've researched the construction company briefly, and they have built many apartment complexes in the state. I'm guessing a trusted company?


Plus room prices have doubled from 5 years ago from previous ads.


I'm worried how fast these are being built, and safety for future tenants.

Here in the U.S we're about at the same speed as for building apartment complexes within two years.



I'm wondering has anybody bought a room from a new apartment construction?


罢丑补苍办蝉,听

Sorry for the long paragraph.

See also

08/17/23 @antonioggriffin. When you say "an apartment room", do you mean a studio apartment, what Brazilians call a "kitnet" (pronounced "kitchenechee"), i.e., a single living room/bedroom with a bathroom and a kitchenette (hence the name)?


See sprealestatebroker's advice on buying properties that are still under construction. Short version -- he warns against it. At the very least, you should not buy from abroad. Be here, look at the place yourself before you put any money down.

1 member reacted to this post

My Brasilian wife and family says never buy from a constructor in Brasil, unless you can get the keys, clear title, and actually move in because it's ready.


Sure, you can hire the best lawyer who will cover you properly I'd imagine, but you're still going to have to make monetary advances and put money up as a down payment.


Now, my sister in law lives in Barra da Tijuca in Rio. For 5 years back in the early 2010 period, I watched the property owners across her street contribute money every month to finish the half completed 25 story condo they were stuck with, when the builder stole the money and went to Miami.


Prices in Brasil are dropping......a lot.

1 member reacted to this post

I would NEVER put money into an unfinished house or apartment. It鈥檚 a nightmare waiting for a place to happen.