Brazilian rental agencies - fees, charges, VAT etc

[Dotty]

Hi Coxy,

What lovely apartments,no wonder they have all gone and you are right the B&B is a saturated market so it is ideal what you have built ,self catering apts.I am very interested in renting one out in the holiday period.Our property is on a long term contract,so we never stay there anyway and always use the local pousadas.

The holidays are from Dec-Jan ,but generally we stay 10 days there.I mean it is a hike,but well worth it .It really is paradise.

Speak soon when I have a clearer picture of dates.
D

I 'll

Originally Posted by Coxy

Come on down. My contact details are on my website. When are the holidays? We have holidays every month in paradise!!!

[Diceman]

Originally Posted by Dotty

Hi Expat Nick

On the first rental you will need to pay 50% of the first rent to the agent.

Then the agents charge 15% monthly from the whole rent.

They will collect and deposit your rent on a montly basis.

If the tents are late 3 days paying your rent you are intitled to juros(a few extra pennies) being added onto that particular mth.

They willl deduct money for any repairs needed and will need to show proof of payments made to the registered companies.

You will have to make a declaration of earnings ,with receipts and bank statements as proof of evidence anually to the Receita Federal as the person you will be renting to on a longterm basis will be doing the same.

I would like to add that this is different from a pool system.

Extra-I use a very good small agency(for private rents)and they are very reliable.I prefer them to the big agencies as I get more personal care .They deal in the local market,but not in the tourist market ,so if you are planning on renting to Brasilians on longterm contracts they could be ideal.There actually is shortage of properties to rent out to Brasilians so you are on the right track.

Hava a nice day

Hi Dotty i have a 1 bed apt to be completed very soon in Taiba and am looking to rent out to local Brasilians on longterm contracts.The apt is a block of24 each apt being 55m2 in total, with balcony, gymnasium,pool,hammock area,barbecue area,sauna,storage area ,and 1 car parking space.I notice you use a good small agency any feedback or contacts or pointers in the right direction would be appreciated

[Coxy]

Have you tried FlatShop? They handle many rentals in Fortaleza and Cumbuco, and maybe Tiaba too.
Flatshop
Ask to speak to Carmen, she speaks some English or Adriana she speaks many languages.

[debzor]

With regard to costs on long term lets, I believe most Creci licensed brokers work as follows:

12 month lets - 1st month plus 10% of subsequent months.

6 month lets - 10% agents fee + 10% administraion as follows: for ease say your rental income is R$500 per month: x 6 months = R$3000, 10% payable in first month, ie R$300 plus 10% per month as above.

[Dotty]

Hi there Diceman,

Taiba is in Ceara . I use a (small ) agent in Natal for properties in Natal because that's where I live and for property in Ceara we use a dear friend who collects the rent for us on a monthly basis ,but that's in Jeri.

Coxy who lives in Ceara,would be the person to speak to with regards Taiba as he is most likely to know the good agents in Forteleza who will be dealing with Taiba and he also has experience with lets in Ceara.

Is it a longterm holiday let or a longterm summer let?

You can p.m me after 5 posts .QUOTE=Diceman;74222]Hi Dotty i have a 1 bed apt to be completed very soon in Taiba and am looking to rent out to local Brasilians on longterm contracts.The apt is a block of24 each apt being 55m2 in total, with balcony, gymnasium,pool,hammock area,barbecue area,sauna,storage area ,and 1 car parking space.I notice you use a good small agency any feedback or contacts or pointers in the right direction would be appreciated[/QUOTE]

[Dotty]

Hi Debzor,

That is not full management.Only collect and deposit.QUOTE=debzor;74252]With regard to costs on long term lets, I believe most Creci licensed brokers work as follows:

12 month lets - 1st month plus 10% of subsequent months.

6 month lets - 10% agents fee + 10% administraion as follows: for ease say your rental income is R$500 per month: x 6 months = R$3000, 10% payable in first month, ie R$300 plus 10% per month as above.[/QUOTE]

[robh]

Originally Posted by Coxy

Have you tried FlatShop? They handle many rentals in Fortaleza and Cumbuco, and maybe Tiaba too.
Flatshop
Ask to speak to Carmen, she speaks some English or Adriana she speaks many languages.

I know the Flatshop owner's brother and have heard good things about his sister's company from other sources.

Rob

[Dotty]

The website offers only a small selection of properties,yet the company says they are 15 yrs old!

Originally Posted by robh

I know the Flatshop owner's brother and have heard good things about his sister's company from other sources.

Rob

[Diceman]

Originally Posted by Dotty

Hi there Diceman,

Taiba is in Ceara . I use a (small ) agent in Natal for properties in Natal because that's where I live and for property in Ceara we use a dear friend who collects the rent for us on a monthly basis ,but that's in Jeri.

Coxy who lives in Ceara,would be the person to speak to with regards Taiba as he is most likely to know the good agents in Forteleza who will be dealing with Taiba and he also has experience with lets in Ceara.

Is it a longterm holiday let or a longterm summer let?

You can p.m me after 5 posts .QUOTE=Diceman;74222]Hi Dotty i have a 1 bed apt to be completed very soon in Taiba and am looking to rent out to local Brasilians on longterm contracts.The apt is a block of24 each apt being 55m2 in total, with balcony, gymnasium,pool,hammock area,barbecue area,sauna,storage area ,and 1 car parking space.I notice you use a good small agency any feedback or contacts or pointers in the right direction would be appreciated

[/QUOTE]



Hi Dotty i am looking to rent out apt on a long term summer let to local brasilians.hope you can point me in the right direction

[Dotty]

Hi Diceman,

I will email you with details as I don't want to be called an agent anymore(I'm not)and will pass on some emails to you of good agents here in Natal and will research agents in Forteleza for you.Give me a couple of days.

Regards QUOTE=Diceman;74626][/QUOTE]



Hi Dotty i am looking to rent out apt on a long term summer let to local brasilians.hope you can point me in the right direction[/QUOTE]