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Old 31-07-2008, 10:46 PM
Mineiro Mineiro is offline
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Join Date: Jul 2008
Posts: 123
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Quote:
Originally Posted by Coqueiro View Post
Hi Mineiro - just think how much money you could have made if you had bought a farm alongside a beach in Bahia 8 years ago - looking at quite possibly millions once you got it split into lots of 300m2!

I am currently looking for a Sitio right now as it happens, that an apartment in Salvador, a motor bike and a yacht - well one can dream
Hello Coqueiro , I take it you didnt buy a farm alongside a beach in Bahia 8 years ago since if what you say is true independant of location you would already have your apartment, yacht, etc. However I dont think it's that simple since there are no doubt hundreds of farms still waiting to be sold on the Bahian coastline. If tourism was such a great money spinner in Bahia or Brazil for that matter then why has the Costa de Sauipe resort been the worst investment the Previ (Fundo de Pensao do Banco do Brasil) ever made. Infact since its inauguration it has only made a profit during one year.