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When purchasing or investing in a property, one of the first things you'll need to know is the price. In Brasília, specifically, many people are scared by the price per square meter. That's why we'll explain how the price dynamics work in the city and why investing in a property in Brasília is generally a good deal. Known for its architectural beauty, Brasília has one of the highest-valued square meters in Brazil. Why does the value of a square meter in Brasília only increase every day? Only 59 years old, Brasília has quickly become the third largest city in Brazil. With a growing population and financial stability, which originated in the civil service, the real estate market has always been busy. As a result, Brasília has a stable and growing demand. On the other hand, the supply of new properties is always lower than the demand, which makes the real estate market in the Federal District one of the most attractive markets to invest in.
Real estate market figures and the value per square meter in the Federal District Every month, the Association of Real Estate Companies of the Federal District – ADEMI-DF and the Civil Construction Industry Union of the Federal District, with the support of Sebrae and in partnership with Consultoria Opinião, calculate the Sales Speed Index (IVV) of properties. The survey covers 87% of the existing market and aims to monitor the performance of the commercialization of real estate developments, indicating the speed of absorption of properties in the city and what has been observed in recent years is a systematic decrease in the supply of new properties in the capital, while demand continues to grow. Value by neighborhood in DF In April 2019, the average value per square meter in Brasília by neighborhood was also published by SINDUSCON for the new residential developments. The most expensive neighborhoods are: Asa Norte, with a value of R$14,823.09; Asa Sul with a value of R$ 14,674.00 followed by Noroeste, with R$11,783.68 as shown below: Price X Value of property in Brasília: How much is it worth living here? This relationship involves many variables that can sometimes go unnoticed in a negotiation or even not considered in the appropriate manner. In general, the first variables to price a property are location, private area and typology (number of bedrooms). However, the pricing of the property must consider other factors that together are as important or more important than these. This is what makes the property unique: its concept, design, floor plans, number of parking spaces, construction and architectural differences, innovation, the view from the property, the floor, the finish, solar positioning, aspects related to security, neighborhood, condominium management, profitability and the leisure and entertainment options offered, such as swimming pools, gym, sauna, party room, gourmet space, barbecue grills, playroom and any other non-measurable value that one wishes to present. Therefore, when we talk about evaluating the acquisition of a property in Brasília, we cannot evaluate the deal only from the perspective of the price, but mainly from the perspective of the value included in that price. Why invest in the Brasília real estate market now? In a general analysis of the current scenario, Paulo Muniz, president of ADEMI-DF comment: “The best time to invest in real estate in the Federal District is now. Those who wait too long to invest will miss out on excellent opportunities, because prices are expected to rise in the coming months.The outlook for growth in the real estate market in 2019 is quite optimistic. The Selic rate started the year stable at 6.5%, with a downward trend throughout the year. This has a positive impact on the market and is attracting more investment. In addition to the drop in interest rates for real estate financing announced by Caixa Econômica this week, the performance of savings accounts is also positive. Since savings accounts are the main source of funds for real estate financing in Brazil, this means that access to real estate credit will be expanded this year. Proof of this is the volume of real estate financing with savings funds, which totaled R$5.1 billion in January, the best result for the month in four years. The figure represents a growth of 32.2% compared to January of last year, according to Abecip, an association of institutions that operate in the sector.
Emplavi and Noroeste: The dream of living in the best neighborhood in Brasília comes true here!
For 40 years building happy stories, Emplavi, the largest construction company in Brasília and leader in the high-end real estate segment in the DF, begins 2019 inaugurating a new cycle of launches in the best neighborhood in Brasília, Noroeste: Cherry Orchards, 02 bedrooms, 01 of which is a suite, located at SQNW 103, the Camellia Park 03 suites in SQNW 102 and the Acacia Park, 04 premium suites on the same block. These are high-standard properties in the best locations. The principle of rarity will always be present in the design of each project, adding more value to each square meter built.
Are you interested in buying a property? Choose an Emplavi
Schedule a visit to our site today Emplavi Noroeste sales and decorated center – SQNW 102 and be amazed by the quality and sophistication in every detail.
Access www.emplavi.com.br to learn about our projects and visit our blog to stay up to date with everything that happens in the real estate market, tips and much more!
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