Quote:
Originally Posted by International Dreams
Palma Do Mar is a superb site in Paraiba.
The plots of land are on a 5 star site with hotel, swimming pools, bars, restuarants, tennis courts and mini golf. The development is only 1.5km from the sea and in the contract etc it is written in that the developer will build it. I can provide all the information needed for this development. The plots that are left now start at 15,750 Euros for a 350sq/m plot with outline planning for a 3 bed villa with 3x2 private pool. A major hotel chain is taking on the hotel so there are no worries at all on this development.
PLease contact me if i can help you any more, we have everything that an investor could need and the contract and been check by my Uk lawyer and everything is in place. I am that happy with this development that you can reserve a plot for 1,000 Euros and if the lawyer you choice find anything wrong with the contract that we can not sort out we will refund the 1,000 euros back to you straight away
Cheers
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I'm interested in buying. Ideally right on the ocean - LOCATION, LOCATION, LOCATION, remember?
So I have asked local friends to do some research for me on this Palma do Mar project.
Along with 2 other large developments, are selling nearly 1500 plots, with no obligation to sell.
It shouldn't be too difficult to calculate your exit opotunities for the next 5 years.
Carapibus is a dump. Like many other underdeveloped areas along the Brazilian coast. Pipa was a dump 10 years ago, and look at it now: overdeveloped, and expensive. But that is another issue.
I think MINEIRO has a few very valid points, and he appears to know Brazil. Unlike most of the WebVertisers, who just copy the While Label brochure produced by the developer.
Did you notice that that a huge number of these guys do not even have an office in Brazil, but are usually located in Spain?
Even *** is starting a project in Carapibus - I guess they had too many court cases in Europe.
Underdeveloped states such as Paraiba have certain disadvantages. They are usually not offering non-stop international (charter) flights. Shopping centers and large hospitals are only in the big cities, and you'll have to drive to get into European styled discos. But there is still land available, and it is cheap (when you know where to buy).
And what happened to Ibiza and Buzios, 40 years ago, will happen Jacuma and, eventually, to Carapibus.
So, as long as it is available, we'll buy ocean front land.
Ideally with no roads in front.
What I have learned is that you get what you pay for. However nice the sales person is, and whatever they tell you, you can not build a good house for 800 Euros per sqm. Ask anyone who thought they could. When you have bought the solid doors, the kitchen you want and the airco, the garden looks the way you like it, and there's a pool, we're talking EUR 1200-1500.
But, compared to Europe this is still cheap.
And so is the haircut (R$ 5-10) ..........