[fiege1224]

Originally Posted by PAUL-brasil

When I get chance or rather if I remember early in the day enough I will connact property showrooms and try suss out if they actually know them selfs whats happening with the project, or in infact know anything at all about developing in brazil.

The 'proposed new golf course' has not started construction, does not even have any licences of the licences needed to build it yet, they have been trying for a couple of years already, and i will be suprised if it ever gets permission to build it, not on the proposed land anyway as it was on sand dunes!

In Cumbuco it self, I dont really think property prices are growing a great deal at the very present, I personnally think it has reached a peak for a while, until other areas catch up, to an extent. Because Cumbuco became popular a few years ago now and prices there rose very quickly (especially with international agents driving the prices up too fast) I d guess that its hit a halt for a while, and also with the fact that Cumbuco is very much a gringo market with the ever strenghening R$, this will slow the market more for a town like Cumbuco.

Regards
Paul

Hi Paul. What do you think about petrobras and its 12 billon dollar refinery going in at the port near us? Its should be one of the largest port around if it happens. Steve.