[QUOTE=Mineiro;68084]
Quote:
Originally Posted by lagarto
There are substantial profits to be made in coastal properties and you would have made much more than 7 times your value had you bought 8 years ago on the coast. I too live on a large farm in Ceará which has risen considerably in value but my properties on the coast have risen at a much higher rate.
The UK is not far better in value for money either....are you suggesting that the price per m2 in the UK being 10-20 times higher is justified by the quality difference...which I might add is down to the builder you use.
Brazil is a different culture completely and can't fairly be compared to the UK.
There are plenty of people living and developing in Brazil who understand its culture, changes and differences over the last god knows how many years..and it is fair to say that the last 8-9 years will have a very different storty for those investing over the last say 2 years. Growth in the Northeast is still surging forward which appears to upset some of the so called investors on this forum who have failed or not managed to make such good investments.
I would like to know how your properties will "be a solid investment in years to come". How many years do you imagine? Investment in which sense ? Rental or increase in market value ? Isn't Eusebio on the "periferia" of Fortaleza ? By the way what do you farm caju fruit or goats?
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I have daily to weekly sales on an on going basis for most of my properties as i'm a developer building beachfront condos etc. I also have a very good rental service and presently rent my 6 personal apts plus others for clients/friends in Fortaleza so I guess the answer is property value increase and rental investment.
No Eusebio is not under the Fortaleza Town Hall. Eusébio is a separate municipal with it's own town hall.
I have caju, carrambola, manga, sirreguella, coconuts (green and solid for factories) acerola...dogs, chickens, ducks, cappote but sorry nooo goats.
My farm was bought for its size and location being only 25 mins from Fortaleza but also for the space and freedome...I don't like living in an apt.