The auction market is booming in Rio de Janeiro and demand for these properties is likely to increase, given the number of bids for non-payment of financing, extrajudicial auctions, and condominium fees or charges arising from lawsuits (judicial auctions). 

In this sense, the Brazilian National Council of Justice, through a Provision (188), introduced an important change to speed up and reduce bureaucracy in the auction of properties. 

The new provision determines that the judge responsible for the judicial auction may issue a single court order to cancel all unavailability and seizures linked to the auctioned property. 

Previously, the successful bidder faced the challenge of requesting, in each lawsuit, the cancellation of all endorsements and restrictions linked to the property, which was a costly and time-consuming procedure. 

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What it all means is: In summary, you can now purchase property at auction in Rio de Janeiro more quickly and securely. 

Immediately after the purchase, the property will be in your name, with all the paperwork taken care of. Our office specializes in auctions in Rio de Janeiro and throughout Brazil, with a focus on high-end properties and great opportunities in Rio. We will handle everything in a very smooth manner. This will be an excellent investment for you.

Contact us and discover the best opportunities. Invest safely.