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Originally Posted by Golfingworld
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 here, 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.
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How can you "believe the two residents" when they are both saying different things? You have to either believe Mike or Dotty as they are saying different things. I agree with Mike, you agreed with Dotty - now you are saying you agree with Mike
AND Dotty?
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Originally Posted by Golfingworld
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 Coehlo..whatever the exast position they are no exactly driving forward, are they.
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Absolutely - however as mentioned a million times before - always check the due diligence of a development you are thinking of investing in. We did our Due Diligence on those two which is why we haven't sold any there.
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Originally Posted by Golfingworld
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.
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I can't speak for "many Brazil Property websites" however as I see it, there can only be any kind of "Boom" in overseas passengers when the airport is finished. However having said that I do expect one (assuming you would call the amount of passengers tripling in a couple of years a "boom")
I believe with the opening of the airport, within a short time frame the number of arrivals will triple. It isn't the sole reason that the Brazilian market looks like a good investment but it is a part of the reasoning.
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Originally Posted by Golfingworld
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.
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No, the bridge won't make any difference to anyone going from the nwew or old airport to Maracajaú but it does help people going from Natal to Maracajaú which is what we have been stating all along and which you were arguing against. Glad your opinion has changed.
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Originally Posted by Golfingworld
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.
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You said it was only "mudhuts" - now you are saying there are fishermans village - soon maybe you'll admit that there are some really nice villas up there with swimming pools and that it's actually a nice area.
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Originally Posted by Golfingworld
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.
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It seems the "spin" is finally changing and those that wanted to "manipulate the reality" are starting to see things how they really are.