Hi Raimundo, I myself I'm thinking to buy an apt in Rio. I've been visiting and looking into Natal and the north est but it seems to me that at the moment if one expect a decent rent it's going to be quite difficult.The potential (and planned) supply is
so incredibly large when compared to the current market. Early 2007,
all tourism projects together announced well over 40000 new units.
Compared with a market that sells less than 2000 units per year on
average, by no means is there any guarantee that prices will go up. That's why I've started looking into Rio. I've found a 3bed apt based in Arpador, which is between Ipanema and Copacabana, and it seems quite interesting. One of the downside is that the building was built in 1970 and I've read somewhere to be extremely carefull in buying property ante 1976 as it seems that could be problem with registration. A friend of mine will check the condition of the apt next week. I've also found out that a cousin of a friend of mine got an estate agent in Rio and I'll ask him to give me real potential income that could come from the property.Any more info from members about Rio is most welcome
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