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Originally Posted by toupeira
Thanks JM Its nice to hear from somebody who is rational about the whole thing in my own case I have come out quite well in Marbella and it is not an investment property but an apt. I reside in 6 months of the year. I was really trying to be comparitive to Brazil and hoping that as you say the percentage of genuine developers outrank the "crows" Regds T
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Ther are no crows.. or at least I haven't seen any in the Northeast of Brazil...many tropical birds but no crows.
I am an investor and developer in the Northeast of Brazil with 9 years experience here. I would like to say that JM is correct about his analysis and timing along with experience is very much the issue.
Brazil has become a goldmine already for many people and property values are rising considerably. You must always do your due diligence and preferably visit the location and get to know the developer and location of which you intend to invest. Anything less will leave you open to the proverbial crows.