People -

My advice is stay away form highly publicized developments made from outsiders or gringos operating in Brazil. Pound the pavment on your own. Be independent and search out areas you want to invest. Try and find trustworthy Brazilians, which can take years.... Better yet, move to Brazil and live a minimum six months (rent) before you decide to invest. Better safe than sorry. Honestly, I say invest outside Brazil. Chile, BA, Peru, DR offer much better ROI.

My opinion.