Property from Minha Casa Minha Vida Acquired for R$ 103 Thousand Is Renovated and Sold for R$ 180 Thousand, with a Net Profit of R$ 49.9 Thousand
A property that falls under Minha Casa Minha Vida, acquired at auction for R$ 103,000, turned into a case of significant profitability after one year.
The experience, reported on the renowned finance channel of Gêmeos Investem, demonstrates how the purchase, renovation, and resale of the asset resulted in a net gain of over R$ 49 thousand in just 12 months, highlighting the potential of this type of operation in the real estate market.
Acquisition and Initial Costs
Right at the start, the investment required R$ 103,000 paid upfront for the acquisition, plus R$ 3,000 in registration costs.
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The property was unoccupied, sealed by the construction company, and fell under the Minha Casa, Minha Vida program. The absence of prior use simplified the preparation for resale, but still, the new owners decided to make improvements to increase liquidity.
Renovation for Valuation
Together with partners Victor and Cláudia, the investors opted for a strategic renovation. The walls were sanded, flooring was installed, and the bathroom received special attention, with the replacement of loose tiles, installation of a shower, and placing of a door.
Additionally, the property was equipped with custom furniture for the kitchen and television, along with adequate lighting. The goal was clear: to deliver a unit ready for occupancy, where the buying family would only need to bring the essentials to live.
The total cost of the renovation, including materials and labor, amounted to R$ 13,000. This was added to R$ 2,280 in condominium expenses accumulated during the period. With these values, the overall investment reached R$ 121,280.
Sale and Financial Return
Exactly 12 months after the acquisition, the property was sold for R$ 180,000. The operation guaranteed a gross profit of R$ 58,720 relative to the invested amount.
However, the final calculation required deducting the capital gains tax, set at 15%. This deduction reduced the net result to R$ 49,912.
Considering the total investment, the net return percentage was 41.15% in just one year. This figure stands out for exceeding traditional yield rates in financial investments during the same period.
The case presented on the channel reinforces the potential of the auction property market when combined with targeted renovations and valuation strategies.
The narrative concludes by inviting followers to share their opinions on the result and to follow new similar experiences, consolidating the initiative as an example of significant profitability in a short time within the real estate sector.

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