Clipping of news on Brazilian Culture, Law and Citizenship
08/06/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
SAO PAULO - To realize the dream of homeownership, consumers now have several options. But it would be better to invest: a building ready to live or in a land where you can start from scratch to build?
To Leonadro Paranaguá, chief financial officer Scopel, urban development company, the choice of one of these options depend on both the price and location.
Land apartments x
The purchase of land has two major advantages: the power to build a home tailored to your family and the final cost. "A property can go up to 30% cheaper when the person buys land and then builds the house," says Paranaguá.
But this option is not for everyone. Who wants to live in the central regions hardly find a piece of land available for construction at reasonable prices. In Sao Paulo, for example, the consumer will only find a large supply of good land in settlements near highways as Castello Branco, Anhanguera or Bandeirantes.
The choice of site may also run into the need to contribute more resources. The problem is the supply of credit, more restricted in the case of purchase of land.
"Today the advantage of buying an apartment ready is the option of financing, which may extend to 30 years without any relevant payment," explains CFO Scopel.
Now, when someone buys a piece of land, payments are concentrated during the construction of the subdivision. You must pay all benefits of the lot before construction starts. Upon completing the payment, the consumer may make a loan to start building the residence. Banks and the Federal Savings have credit lines to finance the construction material.
Property prices
Today, housing prices are high because land values are rising and the costs of production and construction accompany this high. According Paranaguá, the profit margin of companies incorporation was never high, averaging 15%.
"The price of the property and the land has a direct connection. Currently the average cost of a building from scratch is r$ 2000 to r$ 2500 per square meter, "he says. When a developer sells a property for r$ 10,000 per square meter, for example, is because they spent on average r$ 6000 with the purchase of land and licenses for the construction of municipal property.
But in general, the price of land is not as high. "The price of land can reach 40% of the property depending on the place," explains Paranaguá.
Perspectives
The director of Scopel not believe that house prices could go back in Brazil. "Demand for residential property holds the annual stability, because every year new families being formed and will seek their own property. The same is not true in commercial real estate market, since this approach is dangerous and could fall, "explains Paranaguá.
Source: The Day on Line
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This article was translated by an automatic translation system, and was therefore not reviewed by people.