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Milton Said:

A title company granted us title insurance on a construction loan we made on lots with no access.?

We Answered:

I disagree with your contentions on the title insurer. The title firm insures clear and equitable title to the property. There are no guarantees in such a title that there is access to the property. There is landlocked property all over the place which has 'clear and equitable title'. I'm guessing that you bought these properties sight unseen yourself, and were salivating at a low price. Then snapped up what you thought was a bargain, to find that you bought a real pig.

Contact an attorney if you think you have any possible redress.

Sam Said:

How can I purchase a LUXURY condominium in Rio de Janeiro?

We Answered:

As I read this question (and the posted answers) I got an increasing sense that this question is solely posted to advertise a particular company. I could be wrong... but it just comes across that way.

By the way, luxorio sells to an English speaking clientele (just look at website). Thus, you will be paying English-speaking clientele prices for what they are selling. You are also getting a single apartment that has been renovated vs. an entire building that has been renovated or newly built, etc. One look at their website quickly reveals that their are no pictures of the outside of the building, the lobby of the building, etc. This may not matter to you... but it is something that I noticed anyway. Maybe someday they'll post pictures that will include these other areas.

On a positive note (about luxorio), they have a beautiful website and the remodeling that they have done looks very contemporary and "upscale" if that's what you are looking for. Even if the apartment is in an older building you may find that these apartments are worth $400k. You could probably pay "local" prices and get something cheaper (and then renovate it yourself). But, that'd probably be filled with countless headaches if you are not familiar with this sort of thing, especially in Brazil.

If I were buying in Rio I'd definitely check out luxorio. But, I'd also do my homework and not limit myself to a company that markets to a foreign (English speaking) clientele. Maybe it's that I'm just wanting a good deal and I know that tourists/foreigners won't necessarily be getting the best deal typically. Then again, if a company markets to foreigners they are probably better prepared to handle the more complex transaction of selling property to someone who lives outside of Brazil.

My two cents anyway.