Quote:
Originally Posted by Dotty
I did not buy off plan last year.The prices were and still are 320,000 reais without furniture for a 2 bed lux apartment and 1.2 million reais(300,000 pounds sterling) for the for the larger apartments.I bought off plan from them 4 years and have seen fabulous returns,but the same returns no longer exist I am afraid as the prices are set way too high to begin with.
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Erm sorry but if you bought off plan with them four years ago, you have seen fabulous returns, yet the prices are the same now as they were then, where did your fabulous returns come from? Or did you make more than 25% per annum yield from rentals?
"The prices were and still are 320,000 reais without furniture for a 2 bed lux apartment and 1.2 million reais(300,000 pounds sterling) for the for the larger apartments"
If the prices are the same how are they now set way too high?