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Direct Comparison Shows Which Investment Yields More: Real Estate Funds with Tax Exemption or Rented Studio Apartments with Monthly Fees and Taxes.
With R$ 200 thousand available, many Brazilians wonder: is it more worthwhile to buy a studio apartment to rent or to invest in real estate funds?
A recent video from the channel “Gêmeos Investem” made a direct comparison between the two options, analyzing net returns, taxes involved, and the appreciation potential of each.
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How Much Does a R$ 200 Thousand Studio Apartment Yield?
In the current market, it is possible to find studio apartments for sale for around R$ 200 thousand.
The average rent for this type of property is about R$ 1,000 per month.
However, those renting through a real estate agency need to give the entire amount of the first month to the company. Starting from the second month, the administrator usually charges a 10% monthly commission on the rent amount.
That is, from the R$ 1,000 monthly, the owner receives R$ 900. Additionally, depending on the income bracket, the owner may be taxed up to 27.5% by the Income Tax. Considering the maximum tax rate, the final net monthly income would be R$ 652.50.
The Calculation Considers:
- Gross Rent: R$ 1,000
- Real Estate Agency Discount: R$ 100
- Taxable Base: R$ 900
- Income Tax at 27.5%: R$ 247.50
- Final Net Yield: R$ 652.50
It is worth noting that the first rent does not go into the investor’s pocket, being fully paid to the real estate agency as an initial fee. This initial impact also reduces the return in the first year.
Real Estate Funds: More Profitability and Less Bureaucracy
In the simulation presented by the channel, the other alternative would be to invest the same R$ 200 thousand in real estate funds, known as FIIs.
These funds allow investment in properties indirectly, such as shopping malls, corporate buildings, logistics warehouses, and commercial centers.
By assembling a portfolio focused solely on brick funds, the investor can achieve a monthly income of up to R$ 1,600 through dividends.
Unlike the studio apartment, these earnings are exempt from Income Tax for individuals. This means that the total amount goes directly into the investor’s account, without deductions. Additionally, there is no need to deal with tenants, contracts, renovations, or vacancies.
The investor can also sell their shares easily, as these funds are traded on the stock exchange, with daily liquidity.
Direct Comparison Between the Options
The difference in net yield between the two options is significant. Here’s the summary:
| Option | Net Monthly Income | Income Tax | Administration |
|---|---|---|---|
| Studio Apartment for Rent | R$ 652.50 | Up to 27.5% | Real Estate Agency |
| Real Estate Funds | R$ 1,600.00 | Exempt | Fund Manager |
In addition to the received amount, the funds also offer automatic diversification and access to high-standard properties that would be individually inaccessible.
Long-Term Appreciation
Both options have appreciation potential over time. A studio apartment can appreciate if it is well located and well maintained. Real estate funds also track the appreciation of the properties in their portfolios.
Therefore, the channel highlights that the return can be interesting in both alternatives, but the factors liquidity, tax exemption, and higher monthly yield make the funds stand out.
What to Choose with R$ 200 Thousand?
According to the simulation from the Gêmeos Investem channel, those seeking higher monthly returns, less hassle, and tax exemption should consider real estate funds. The difference between the R$ 1,600 net from the FIIs and the R$ 652.50 from the studio apartment is significant.
For those who prefer to have a physical property, even with more bureaucracy and lower yield, the studio apartment can still be a valid choice.
The last observation made in the video reinforces the point: both the studio apartment and brick funds tend to appreciate in the long term, but the investor needs to assess their profile, their goals, and how much they are willing to engage in managing the investment.
Que interessante essa matéria que acabei de ler, até compartilhei no meu Facebook.
Aqui em Bonito MS,consigo fazer 4 kit de 35 M2 com mesanino com rentabilidade de 900 de aluguel de cada..Os fundos nunca irá superar a contrução,só serve pela facilidade do investimento.