The truth is that not even this big problem that occurred around the world was able to affect the real estate investment sector in Brazil.
And one of the most drastic measures taken by the Government was to cut the Selic rate, with the projection of its percentage for 2021 based on inflation being 2.99%.
During this post you will better understand the reasons that make 2021 a good time to buy a property.
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Want to better understand this subject, getting all the information you need? So read on!
Fulfill your dream of home ownership
Owning a home is one of the biggest dreams of a good portion of the Brazilian population.
And with the growing expansion in the number of new developments, both in relation to compact and very large ones, the demand for a property tends to increase as well.
Real estate market in 2021: what to expect in the coming year
Many people see real opportunities in these places, whether to install their Home Office, to create their own leisure area, mini gym, zen space, etc., or simply to rent and earn extra income.
As a result, numerous questions related to the security they will have when taking on a long debt at that time were asked.
Read the next topics and see that many questions can be answered.
Understand the Selic rate once and for all
Well, for you to understand why buying a property in 2021 is a good deal, you first need to know for sure what the Selic rate is.
It is primarily responsible for regulating all other fees charged in Brazil, that is, any increases that Selic has will be passed on to other modalities.
With it at a low, it is possible to have more interesting options for real estate investments in the country, after all, the credits start to have interest at lower levels.
Advantages of having the Selic low
Well, the main advantage of having a low Selic rate is that more money is invested in the economy, making it stay under the control of consumers for longer, warming up the most varied branches of the market.
In addition, new products, services and jobs appear, after all, it is possible to expand businesses belonging to the most diverse areas.
This is because much lower interest rates are offered to companies looking for large amounts of money in order to make their investments in society.
The disadvantage of having a low Selic rate
But as it's not all flowers, the fact that this rate is low also creates some disadvantages, such as:
- The normal inflow of money into the economy, which unbalances budgets, causing financial problems to start to arise;
- If the funds applied do not bring significant results or gains for the country, debts may accumulate and job losses may be reduced;
- Lack of employment generates waste of public money, in which case millions can be thrown away;
- Money invested in savings accounts is devalued, generating reduced purchasing power.
2020 also provided advantages for the sector - understand why
Before showing the reasons that will make 2021 a good time to invest in real estate, it is important to know a brief background on the subject.
A survey conducted by the Brazilian Association of Real Estate Developers found that there was an increase of 26.7% on the sale of apartments in the first quarter of 2020 compared to the same period last year.
And this happened precisely because there was a low in the Selic rate, as already mentioned, remaining at 2% in 2020 and 6.5% in 2019.
Therefore, a historic drop in the rate that governs all tariffs practiced in the country, allows the real estate market to be in evidence and, consequently, to have an increase in the volume of demand.
Why invest in real estate?
Although the low Selic rate has some disadvantages, buying a property in 2021 is a good deal, for several reasons.
And one of the biggest ones is the fact that this way is more suitable for those who want to increase their personal profits.
In addition, due to the onset and permanence of the crisis, many professionals, and freelancers or under contract, started to work in Home Office.
Cash 2021 financing interest! Check the values for this year
And this was one of the reasons that led many people to look for larger houses or apartments, in order to design a comfortable office with all the necessary infrastructure for the work.
Now for those who wonder if there will be no increase in the Selic rate, harming those who want to carry out this type of investment, know that the projection of several economists is that it remains below what was practiced in 2019, for example.
The estimate made is that the percentage will not exceed the value of 3% by the end of 2021, allowing real estate investors to have greater peace of mind to put their transactions into practice.
A survey also carried out by the Brazilian Chamber of Construction Industry states that the sector may have the greatest volume of growth in relation to the last eight years.
And this will allow the sector's GDP to also grow by approximately 4%, a good improvement over 2020, which had a drop of 2.8%.
Therefore, it is important to be aware that whenever there are positive trends in relation to the market or growing opportunities for investment in business, it means that the time is ripe to apply your finances.
This can either elevate your life condition, from the acquisition of a property of your dreams, or get other advantages regarding the negotiations you make in the future.
In the course of this post, you could discover numerous information that allow you to understand if buying a property in 2021 is a good deal.
Thus, after knowing all these numbers, advantages and disadvantages, it is possible to understand that the market can generate a series of benefits.
So, leave your doubts aside and be aware that acquiring a house or apartment could indeed mean a good deal in 2021, for a variety of reasons.
Source: Tajarat.com.pk
