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Old 16-04-2008, 11:04 AM
michaelbush michaelbush is offline
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Quote:
Originally Posted by JMBroad View Post
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So yes, I totally agree with you and it is very unfortunate that we can no longer get 340% net capital appreciation on property in Natal anymore. But there is still a lot of money to be made in the market and there are a lot of opportunities at the right price.
Just in yesterday, 180 hectares (fazenda) available today for R$300,000, another one in a better position (closer to the main BR101) 104 hectares for R$ 450,000. These are land investments that can and do make for large profits, land banking is where money can be made with little risk.
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