Home Design. Wednesday , January 17th , 2018 - 13:42:41 PM
The first thing you need to know when renting a vacation apartment in Rio is that its a legal well established business within the tourist industry in Brazil. Many Brazilians and even foreigners buy apartments in Rio exactly for this purpose. Investors commonly buy used apartments and renovate them to offer the best comfort as beach rentals. Lets now discuss the main points you should be note when selecting an apartment.
How are Payments made: Most Rental agencies in Rio take Pay-Pal, money wires, credit cards and cash. A reservation deposit is necessary to secure your apartment reservation. Companies have different reservation deposits policies. These deposits can vary from 30% up to 50% of the total stay amount. After the agency acknowledges the initial payment, the balance due is normally paid on entrance and key delivery of the vacation apartment. Most companies however do not return reservation deposit for Carnival and New Years holidays, due to great demand. Check the cancellation policy in companys website or via e-mail.
In previous times, real estate agents and property developers focused more on offering stand-alone houses for sale. But now, with the limitations highlighted above, these developers have looked to offer those who want to buy home units the option of choosing from luxury apartments. It has been found that the demand to buy apartment that fall into the luxury category comes from the Sri Lankan community as well as foreigners. Such investments made in relation to own properties in Colombo area have also shown high increase in popularity. As per the statistics gathered up until 2015, there have been close to over 2600 luxury apartment units and it is further estimated that this number could reach close to 6000 units by 2019. Such luxury units are also found to be available for those who wish to rent an apartment, giving rise to more and more apartments for short term rent being offered.