fiona1
New Member
Im after some advice. All the Brazilian developers we work with, say that stage payments on their developments are linked to the INCC, a federal index, which requires the purchaser to pay approx 5% interest on top of their repayments. Our lawyer in Brazil confirmed this as well.
As far as I can see, all agents selling Brazil off plan property in the UK/ Europe to foreigners dont mention this on their website or brochures.
Does anyone know if non-Brazilian developers have to charge this inflation index on their developments as well?
As far as I can see, all agents selling Brazil off plan property in the UK/ Europe to foreigners dont mention this on their website or brochures.
Does anyone know if non-Brazilian developers have to charge this inflation index on their developments as well?