TheMoveChannel.com has reported that those who are looking for property purchase has to obtain a good agent who will be able to help Brazilian property investors find the real estate that matches their requirements. The organization advised investors to be sure they understand the charges and liabilities involved in any negotiation so they are in a position where they are best protected.

According to the New York Times, Global real estate brokers Eychner Associates said that the legal aspects of property purchase in Brazil are handled by a notary and fees should range from between two and three per cent. Bob Eychner, president of the firm, has said that investors would also have to pay a three per cent transfer tax. He advised buyers to borrow from a Brazilian branch of an international bank, as the nation's mortgage industry is relatively robust despite the global credit crunch.

Dan Johnson, the managing director of TheMoveChannel.com, said that the mandatory requirement to buy property in Brazil is a CPF number (tax registration number), which can be applied for via the embassy.

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