[PAUL-brasil]

Ola all,

I m a new member on here and I am very pleased that i have found all of you who share my great interest in Brazil real estate. This being my first post on here and hopefully the first of many and hope I can learn more on here and also hope to add good info and interesting points of views as i have alot of thoughts on the issue.

A little about myself, I am English, 29 years old, work as a Building Services Engineer in UK, have visited North East Brazil 4 times after catch the brazil property bug over the last 2 years (the 5th is due in early November) and have bought a 15 year old 3bed villa in Tabuba 18 months ago (Tabuba is the small beach town just right next to Cumbuco to the south and 20mins north of Fortaleza), I have had some difficult experiences and but also some good with my real estate dealings but have learn alot through it i suppose. I have also recently completed the reburbishments on the villa (details will come later as i will later try start a new topic about resales). Also I am currently looking for a cheap 2nd investment in Brazil and do alot of 'reshearching' on the new developments, areas, rentals and resales etc. I am also looking into creating a investment business as part of my 2nd investment for certain advanages like the visa for the option to use it and tax cuts?

A couple of things to add while its my head, Golfingworld I totally agree with you that i think a lot of new developments are over priced and that there is not a great deal in rentals at the moment if you do it the traditional way that is, hence why i am more into investing doing it a little more raw, but that aside i also have alot of positives about them.

Did someone mention Banana residence? is that the one where there is 80 villas between 4 blocks inbetween the 2 Lagoons? I was at the Banana Lagoon just in July, the area is fantastic and was actually speed jetting around it but couldnt see where that is being developed although i didnt look that hard. I have seen the plans for the villas though and a couple of things did put me off im affraid.

Anyways i hope to speak more with you s all soon

Paul