**Drought and impacts when choosing a property to buy**

_Thinking about buying or selling a property in a region affected by drought? So, it's worth researching well and checking all the options._

The drought, which affects many Brazilian regions, has had consequences causing great impacts when choosing a property, on prices and offers. The problem, despite not being recent, makes consumers cautious, not only because of the lack of water, but because of the lack of energy, local services and the expectation of public policy resolutions.

Property in a region of drought is also affected by the lack or reduction of basic services in its surroundings and even by the lack of trade options - which increasingly tend to close their doors or move to areas where the problem is not so frequent.

**Properties to buy at reduced prices in times of drought**

Experts in the southeast region's real estate market, where the drought has potentially worsened, believe that in some locations the value of properties for sale has fallen by as much as 30%, a pity for the segment.

What can apparently be a great business opportunity for the consumer, is something that must be very well discussed and guided before the purchase closes: the credibility of the broker or real estate agent will be seriously shaken if all the information about the problem is not passed on.

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Many landlords and real estate companies already take some attitudes to keep the market moving: it is common among those who offer properties in these regions to reduce the commission by half, lower the price of some properties, point out intrinsic advantages that add value to the property (such as the possibility of realizing it drilling for home wells or construction of cisterns, in the case of houses and land), etc.

In every crisis it brings with it several opportunities, both for the broker and the future owner. A migratory movement of people who were established in the affected regions to other parts of Brazil has already been observed – which increases the offer of jobs in these regions, but with a higher cost of living.

And access to water is a fundamental item when choosing and offering a property. Despite the water crisis in several regions, it is necessary to bear in mind that drought can also be temporary in some locations, and that there are measures to overcome the problem.

**Solutions for real estate during drought in big cities**

Some solutions can be proposed when selling a property in regions hit by drought. First, the future owner needs to understand that the lack of water is a huge social problem – conscious use must occur in any Brazilian region, thus avoiding waste.

Water is already seen in several countries as a limited asset, and Brazilians need to adapt. In São Paulo, for example, Segovia-SP (Housing Union) has been working on awareness campaigns and practices that more evenly distribute the water quota among condominium residents – such as the application of individual water meters.

**Read More:** [PropertyNews](https://propertynews.pk/)

Another possibility is ecological reuse, which is still hampered by bureaucracy and the lack of specific laws. Reuse techniques have become popular in cities most affected by drought, among new properties and in the adaptation of old ones. It is about applying technologies capable of reusing water from sinks, baths or even capturing what comes from the rain. In recent years, many construction companies have launched residential projects with resources capable of using rainwater or reuse.

The so-called Green IPTU, which provides discounts of 2% to 6% (as announced) for buildings that adopt rainwater collection and reuse systems in São Paulo, should be a trend in the region and in other locations that suffer from drought – just as it is in different regions of the planet. There are no laws yet that mandate changes in future builds, but it is a first step – and the broker must be prepared to present his clients with this advantage.

Among the main national construction companies, especially in the planning of high-end properties, reuse and conscientious management of resources is a reality. The development of residential structures with reuse technology makes the investment more affordable than installing it later – which would also affect the buyer's pocket. In addition, in the long term, the reuse of water would positively impact your monthly bills – another good argument when choosing a property to buy.

Future buyers have the option of researching the best deals with the forecast of better investing in technologies capable of reusing water and capturing rainwater, ensuring quality of life and resources for longer. The brokers, in turn, should see the problem of drought as an opportunity to sell sustainable advantages and capable of providing quality and water access in different residential developments.

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