[wolfgang]

My advice to anyone purchasing here is that you MUST visit and draw your own conclusion.By the time you have added a furniture pack and legals,notay etc your bill will be running at 100k Euros.

Whilst the design of the villa itself is spacious,imaginative and highly appealing and Cumbuco beach is impressive,pay very careful heed to the infamous adage-LOCATION,LOCATION..etc.
What your agent will NOT tell you(even if they knew,as most have never set foot in Brazil)is that the site is very close to the favellas and slums of the City which are located North of Fortaleza.

The road quality is dreadful to dangerous and regretably this area will see no inward investment to improve the infrastructure or facilities,as quite simply,these poverty stricken locals carry no political clout whatsoever.
In marked contrast, to theSouth of the city they are building new dual carriageways,golf clubs,yacht clubs,luxury developments,up market furniture shops opening etc.
Why?Again politics.This is where the wealthy Brazilians (with influence) reside and all the grants and resources are being channelled here.
Despite what you may have been led to believe,Banana,is not a brownfield site.It is basically an existing unprofitable camping site that has been acquired in order to build upon.
I would also strongly suggest that you double check to ascertain exactly what facilities will be on site, as having viewed the masterplan in the main promoting office in Aldeota ,it bears little resemblance.
There are presently no plans to offer a rental scheme;the clue is in the name Banana RESIDENCIAL(residential).

Finally,the area does apparently have an on going crime problem.Nothing ultra heavy- just lots of robberies mainly.The Pousadas in this area and anything tourism/gringo related are regular targets.A Dutch guy informed me that he and his guests had been "turned over" three times in the last 14 months.

Banana Club is a classic and prime example as to why you should NEVER spend your life savings investing in something you have never seen.
Personally,i would not purchase here,but you really must check this out for youself.For the sake of a week off work and an air fare you owe it to yourself and family.

FWIW, i prefered Fortaleza to Natal.Five times the size,more modern,superior infrastructure,lots more to do etc-just be sure you are purchasing in the right area.Basically you need to be somewhere between Eusebio and Canoa Quebrada to maximise rental income and capital appreciation.