banana residential club

[LisaUK]

Hi Gary

I think I did look at Dream Village before I put down a reservation deposit on the Banana Club but I can't recall villas at £69,000. I think I remember seeing just apartments in the £60k's. Perhaps I didn't look hard enough. At the time I seemed to get more bang for my buck on the Banana Club development.

[andyk2]

This is tongue in cheek, so please don´t take offence, but if investors can buy a £50.000 villa with 50% finance available and (assuming) the property grows in value by 20% a year, by completion (for the last phase), the property will be worth £70.000 (same as your villa (?) now) BUT having only paid £25.000, the capital gain if selling the property on completion is 80%. It´s about investment and not sea views

[k1elec]

Originally Posted by andyk2

Hi - Forum regular "Wolfgang" is out in Brazil at the moment and is visiting the site of Banana Club. Best wait until he gets back to get a first hand answer to this question.

Best route to Cumbuco is to get the First Choice Flight out of Gatwick on a Saturday to Salvador (about £250.00 return), then jump on an internal flight from Salvador to Fortaleaza (5 flights a day from £30.00). With all the change you have, you can get a helicopter from Fortaleaza and land on the helipad at Banana Club!

Hi Andy a helicopter now there is an idea well I managed to get a plot last friday and sorted my 1000 Euro's today I even managed to get it for the 75K Euro price. Even though the price had gone up at the end of June, so what parts of the development are people on. I got a plot that someone had decided they didn't want any more its plot 1 on the first part of the project right in the corner its near the club house.

[LisaUK]

Hi K1

That looks like a nice plot. I am plot 21 in the 3rd phase (588m2). I must confess that I am a bit risk averse so I was only prepared to invest in the 3rd or 4th phase. I am going out before my instalments start in January 2008 to have a look at how things are progressing with phases 1 and 2.

[andyk2]

Hi everyone. Current photos of the construction progress are available on the Property Showrooms web site - it looks pretty good and fairly far forward. Go into the IPIN INvestor Report and click on images, and then pick the "Construction Images Gallery". Andy

[k1elec]

Originally Posted by LisaUK

Hi K1

That looks like a nice plot. I am plot 21 in the 3rd phase (588m2). I must confess that I am a bit risk averse so I was only prepared to invest in the 3rd or 4th phase. I am going out before my instalments start in January 2008 to have a look at how things are progressing with phases 1 and 2.

Hi Lisa

That’s a nice size plot, I think the plot I have is around 418m2 but not sure have worked that out from the plot info on BANANA RESIDENCIAL CLUBE web site. I have asked for a set of plans for the plot i have reserved with measurements.

[LisaUK]

Originally Posted by andyk2

Hi everyone. Current photos of the construction progress are available on the Property Showrooms web site - it looks pretty good and fairly far forward. Go into the IPIN INvestor Report and click on images, and then pick the "Construction Images Gallery". Andy

This is probably just me, but I can't find it. Could you post a link?

[andyk2]

Originally Posted by LisaUK

This is probably just me, but I can't find it. Could you post a link?

sure - Property Abroad - Experts in Property Investment You will be to be an existing IPIN member or register (it´s free) to access the IPIN report

[LisaUK]

Originally Posted by LisaUK

This is probably just me, but I can't find it. Could you post a link?

I've got it now! I should have logged in first!

[LisaUK]

Andy

Will there be regular updates of photos and news about the progress of the development on the Property Showrooms site? This would provide quite a bit of reassurance for us jittery investors.

Also, I just wanted to say that I have received a good level of service from Property Showrooms to date. Having met quite a few so called 'professional agents' at property investment shows I have been pleasantly surprised by the level of service provided by Nicky and the team at Property Showrooms.