RIO DE JANEIRO, BRAZIL – Until the end of the month, those interested in buying a residencial or commercial property may choose from more than two thousand units, including apartments, villas, farms and commercial properties across the country, up to 70 percent off. The units are sold by auction or direct sale on Resale’s website, a real estate outlet repossessed by banks.
Bid amounts range from R$10,000 to R$48 (US$8.5) million. Properties are discharged and have no outstanding debts to be borne by the buyer. They are assets of financial institutions such as Banco do Brasil, EMGEA – government asset manager – in addition to the Embracon Consortium and the BTG bank.
The properties may be purchased through direct sales and also through online auctions, with the involvement of six auctioneers throughout Brazil.
To learn more about the properties on offer during the month, access the website and apply the respective filters – region, type of property, value or situation (occupied or unoccupied).
Source: Exame