What is the best neighborhood to invest in real estate in São Paulo?
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When we talk about investing in real estate, we usually think of busier neighborhoods and big cities, but how does it actually work to invest in real estate in the city of São Paulo ?
To do this, we will first understand how the real estate market works. It consists of some safe and profitable investment options, which depend on market variations and the economy as a whole.
The investor can choose between investing directly in real estate or in Real Estate Funds , for example, but here we will talk about those investors who buy a property with the aim of renting it out or reselling it later.
How to decide which neighborhood to invest in in São Paulo?
A property for this type of investment must be chosen based on some requirements, such as the neighborhood, surroundings, value and market situation, but the most important thing is its location.
After all, it is based on the location of a property that its price per square meter is defined, and, therefore, it directly influences what your financial return will be, especially if that area is prone to appreciation.
Before purchasing a property for investment, the square meter of rent, the value of IPTU and condominium fees must be taken into consideration, after all, the future tenant of that property will have the cost of rent, condominium fees and IPTU and the larger the property, the higher these costs will be.
What are the most profitable neighborhoods?
To know if a certain area is profitable, issues such as security, access to public transport, shops, companies, schools, hospitals and leisure spaces must be observed.
Evaluating all these issues, some neighborhoods were identified as the best to invest in São Paulo, which are: Vila Madalena; Vila Olímpia; Itaim Bibi; Cidade Monções; Ibirapuera; Vila Gertrudes; Vila Nova Conceição; Pinheiros; Morumbi and Jardins, which covers the five neighborhoods known as Jardim Europa, Jardim Paulista, Jardim América, Cerqueira César and Jardim Paulistano.
All of these neighborhoods are highly valued for providing quality of life and well-being to their residents, and for having excellent locations, close to important avenues, with many bus and subway lines with easy access, in addition to tourist attractions and nightlife full of bars, restaurants and nightclubs.
They are also known for their green areas in the heart of the city, as the vast majority of them have nearby parks, tree-lined streets and squares, as well as infrastructure designed for leisure, cycle paths, artificial lakes, sports complexes and museums.
In addition, the nearby schools are among the best in the city, including international and bilingual schools, which is a great advantage for those with school-age children, as it fits in perfectly with the number of commercial spaces, offices, including offices of multinational companies for adults in the region.
All this with the most expensive square meter in the city, values vary between R$9,360.00 (nine thousand, three hundred and sixty reais) and R$16,000.00 (sixteen thousand reais), it is worth noting that the tendency is for these values to increase as the neighborhoods become more valuable.
Another option that is growing is to invest in the center of São Paulo , where the main thing is the revitalization of this area of the city, it is a market that is growing and that promises to increase in value as it grows.
So? Did you manage to find out which are the best neighborhoods to invest in São Paulo?
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