Quote:
Originally Posted by davehoskings
Never heard of the project, but a small plot is worth investing in for the longer term.
|
There are several similar projects in this area. All of them in my opinion are at Gringo prices! There is no guarantee that anyone will actually build anything there. They are all selling just a plot, some considerable distance from beaches or anything. The price equates to some 30,000 R$ and more. If you are looking to invest for the longer term then you should be buying at Brazilian prices. If you want a guaranteed return then why not buy into Brasilian loteamentos. At least you can be sure that you can sell on to Brasilians who will be able to get finance to build the house or buy the house you build.