Quote:
Originally Posted by debzor
I live on the island of Itamaraca, and you are right about the potential that NE Brazil offers to the medium term investor - at least I believe you are!
Just make sure that, before you commit, you have done all your research (many threads on this forum can help), and that you know all about the need for CPF cards, contracts in Portuguese, payments throught the right channels in Reais to be paid here (not in any other country), notaries, etc, etc.
Do not make the mistake that many make and compare Brazil prices with European ones - here property is (or should be) much, much cheaper. If not be suspicious...
Certainly take up the offer of assitance to view - you really should not buy without at least 1 visit...
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Thanks for the advise. Interesting that you make those points as the contract was orginally rejected by my solicitor as the price was not in Reais and contract not in portugese. They are currently drawing up another contract. The prices tend to be around £45k for a 1 bed flat and £70k for a 2 bed flat - does that sound about right to you?
I do want to go to Brazil as soon as work permits (in full time employed at the moment and change of job). Do you recommend a good time to visit?