Property in Brazil can be broadly classified into two categories: residential and commercial. Residential properties are further divided into houses, apartments, and condominiums. Commercial properties, on the other hand, include office space, retail space, and industrial space. The majority of properties in Brazil are owned by individuals, though there are also a significant number of properties that are owned by companies and institutions.
Property prices in Brazil vary widely depending on the location and type of Property. For instance, Property prices in Rio de Janeiro tend to be higher than Property prices in other parts of Brazil due to the city's popularity with tourists. In general, long-term rentals are more common than short-term rentals, though there is a growing market for short-term rentals such as vacation rentals. Foreigners looking to rent Property in Brazil should expect to pay a deposit equivalent to two month's rent as well as a real estate agent fee equivalent to one month's rent.