Financing Using a Foreign Mortgage
Because of it's position as an emerging market, mortgages as we know them in Europe are hard to attain. But because of the speed that things are developing, the banks in Brazil are now making more money available for the purchase of property and not just to resident brazilians.
In the next few months, we are expecting more news from the banks on making mortgages available on secure projects with all appropriate approvals and sales contracts in place.
Watch this space......