Firstly, Dotty lives in Natal I understand she owns property and she agrees with me that there are many cheap rentals around. M Bush says higher prices but he also lives there, so on the balance of probabilities I believe the two residents. Plus, I have seen it for myself as to what is for rent and at what price. Moving on to other issues, we have now had two major developments either gone bust, stalled or run out of money. GNG and Lagoa de Coelho..whatever the exact position they are not exactly driving forward, are they.
Now to the purpose of this thread....the "boom" in flights has not materialised, in fact the reverse into Natal. Thomson have gone, so it is now difficult and very expensive to get there from The UK, quite the opposite to what has been claimed on many Brazil Property websites.
The airport, may or may not be built, but the issue is when and how it will affect traffic into Natal and area and the prices/availability of flights. My view is not a lot and not for a long time and certainly not a reason to claim that the property market will boom and provide wild profits.
The Bridge, is very nice, especially if you like the 5 o clock happy hour payout for being a Gringo in a hire car! It helps Rendinha and certain areas, but it doesn't help anyone from a new or old airport going to Maracajau or that region, which is also what is inferred in much property literature.
Jacuma village is not a favela nor did I say so, I said it is a series of fishermans houses with very little there. Not even an ATM or a Bank! You see, my issue is not with Natal or Brazil, my issue is with deliberately "spun" misinformation or hype, which may allegedly be created to mislead potential investors to the real opportunites.
I like Brazil very much, it can be difficult and dangerous, but nowhere near as dangerous as investing your money in property with those who wish to manipulate the reality.
Last edited by Golfingworld; 09-06-2008 at 11:18 AM.
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