Has anyone bought property in Taiba (Fortaleza)?

[MarikaAR]

There is a few developments in Taiba at the moment. The village is small with only 2500 inhabitants, but visitors to the region do buy properties in off-plan developments there, proving that the town has the ability to enrapture.

It is about 74km from the capital of Ceara (Fortaleza) making it easy travel distance to an international airport.

I have some pictures that I can send should anybody be interested.

[fiege1224]

Hi My name is Steve. I have bought unit 105 in Taiba gardens 2. The project is on in its second floor now. I bought back in may before it broke ground. The law firm Sand garden homes uses has been used by many developers in Brazil. But you can us anyone you want to finish your deal. I have worked with Mike at Sand garden homes. I sent a deposite to England of 1000 that was later posted to my contract in Brazil. I then sent down payment to there bank in Brazil. I got confirmation from the bank of my funds and payment posted to the contract the bank holds for the developer. I then paid the unit off due to the currency dropping against the dollar to much. Which also gets rid of the incc costs of const. My risk now is I have to depend on the builder finishing the complex. But everthing in this area seems to be going good. With the airport growing and the pecem to Taiba road soon to be built the area should grow nicely. The road should start when the large Taiba beach resort is near finished. It matters little to me as I bought the unit for retirement. I just want it to get built. Till later Steve from Colorado

[RalphJ]

Originally Posted by fiege1224

Hi My name is Steve. I have bought unit 105 in Taiba gardens 2. The project is on in its second floor now. I bought back in may before it broke ground. The law firm Sand garden homes uses has been used by many developers in Brazil. But you can us anyone you want to finish your deal. I have worked with Mike at Sand garden homes. I sent a deposite to England of 1000 that was later posted to my contract in Brazil. I then sent down payment to there bank in Brazil. I got confirmation from the bank of my funds and payment posted to the contract the bank holds for the developer. I then paid the unit off due to the currency dropping against the dollar to much. Which also gets rid of the incc costs of const. My risk now is I have to depend on the builder finishing the complex. But everthing in this area seems to be going good. With the airport growing and the pecem to Taiba road soon to be built the area should grow nicely. The road should start when the large Taiba beach resort is near finished. It matters little to me as I bought the unit for retirement. I just want it to get built. Till later Steve from Colorado

Steve.....hopefully you have sent ALL payments you have made directly to an account in Brazil. If you sent a small downpayment somewhere else that shouldn't be a problem. But the vast majority, if not 100%, of your payment should be sent from your account to an account in Brazil.

Best regards,

[PAUL-brasil]

Originally Posted by fiege1224

Hi My name is Steve. I have bought unit 105 in Taiba gardens 2. The project is on in its second floor now. I bought back in may before it broke ground. The law firm Sand garden homes uses has been used by many developers in Brazil. But you can us anyone you want to finish your deal. I have worked with Mike at Sand garden homes. I sent a deposite to England of 1000 that was later posted to my contract in Brazil. I then sent down payment to there bank in Brazil. I got confirmation from the bank of my funds and payment posted to the contract the bank holds for the developer. I then paid the unit off due to the currency dropping against the dollar to much. Which also gets rid of the incc costs of const. My risk now is I have to depend on the builder finishing the complex. But everthing in this area seems to be going good. With the airport growing and the pecem to Taiba road soon to be built the area should grow nicely. The road should start when the large Taiba beach resort is near finished. It matters little to me as I bought the unit for retirement. I just want it to get built. Till later Steve from Colorado

Hi Steve,
I know these areas well, i have property in Tabuba Cumbuco for 2 year, I think you have made a decent choice with Taiba, as the town is growing nicely with lots of small projects going up, some completed, some ongoing and some in plans, much better than one big complex being built in middle of now where. Plus action is happimg there now and since the last year or so. Prices are still lower there still than Cumbuco and other areas aimed at us gringos. I think good Capital to made made there even in 2/3 years. But of cause like most areas it wont be much in rental income.
Paul

[s29feb]

Stumbled across this site to find that I'm Steve's neighbour as in the process of buying plot 106!

[fiege1224]

Originally Posted by PAUL-brasil

Hi Steve,
I know these areas well, i have property in Tabuba Cumbuco for 2 year, I think you have made a decent choice with Taiba, as the town is growing nicely with lots of small projects going up, some completed, some ongoing and some in plans, much better than one big complex being built in middle of now where. Plus action is happimg there now and since the last year or so. Prices are still lower there still than Cumbuco and other areas aimed at us gringos. I think good Capital to made made there even in 2/3 years. But of cause like most areas it wont be much in rental income.
Paul

Hi Paul. Thanks for the info. Its sounds like a good thing I never go into any deal looking for rental income to pay for my costs ect. I just like owning homes all over the place. Some go up alot and some don't over the years but its great to own and use them for vacations ect. Thanks Steve

[ady1231]

Originally Posted by fiege1224

Hi My name is Steve. I have bought unit 105 in Taiba gardens 2. The project is on in its second floor now. I bought back in may before it broke ground. The law firm Sand garden homes uses has been used by many developers in Brazil. But you can us anyone you want to finish your deal. I have worked with Mike at Sand garden homes. I sent a deposite to England of 1000 that was later posted to my contract in Brazil. I then sent down payment to there bank in Brazil. I got confirmation from the bank of my funds and payment posted to the contract the bank holds for the developer. I then paid the unit off due to the currency dropping against the dollar to much. Which also gets rid of the incc costs of const. My risk now is I have to depend on the builder finishing the complex. But everthing in this area seems to be going good. With the airport growing and the pecem to Taiba road soon to be built the area should grow nicely. The road should start when the large Taiba beach resort is near finished. It matters little to me as I bought the unit for retirement. I just want it to get built. Till later Steve from Colorado

Hi Steve;

Do you Taiba? I am about to buy in a new project called coconut groove, in flexias beach.

Does anybody know about it? what about taiba? is it a nice place?

[mouse 32]

Hi steve, (other people with comments)

I'm interested in the tabia projects. do you know if there is any way to substantiate the "pool's, golf courses, tropical gardens with bridges and water features - etc" really will go ahead? Do you know of anyone that has recieved a discount with a cash purchase? The project looks to me like it is being done professionally and possibly (judging by other peoples comments - and a little bit of home work that I have put into it myself) is in a ideal location. I would be very appreciative of any Photo's readers may be able to send me. The other thing - all the talk about where to send your money and who should and shouldn't be involved has me a little confused, can anyone summerise the best way to carry out the deal - and main / critical aspects of it? Ps- ~i'm english but earning US dollars, I think that I would be best to use a US based agent - any thoughts, tax glitches or extra payments I may expect ?

best rgds, Mouse

[Camelungi]

Hello RalphJ,

Thanks for your insight into this area about payment, it is sad that perhaps many folk have not understood this when buying property here in Brazil.

I have as neighbour who wants to sell their house quickly. I was kind of interested in the property but it is highly unlikely I will purchase as it would seem the only way they want to be paid is to their Bank account in Germany. I don't see any way this can be done without encountering legal problems for the buyer. I haven't challenged their opinion as the person involved is going through a rough time, but I will need to explain why payment needs to be made here in Brazil. Is there any articles or law documents which explain this fully?

Thanks in advance

Peter

Originally Posted by RalphJ

Steve.....hopefully you have sent ALL payments you have made directly to an account in Brazil. If you sent a small downpayment somewhere else that shouldn't be a problem. But the vast majority, if not 100%, of your payment should be sent from your account to an account in Brazil.

Best regards,

[michaelbush]

I have as neighbour who wants to sell their house quickly. I was kind of interested in the property but it is highly unlikely I will purchase as it would seem the only way they want to be paid is to their Bank account in Germany. I don't see any way this can be done without encountering legal problems for the buyer. I haven't challenged their opinion as the person involved is going through a rough time, but I will need to explain why payment needs to be made here in Brazil. Is there any articles or law documents which explain this fully?
Peter
You need to see a Brasilian solicitor. There is a way, if I have understood correctly, but it requires the purchase-sale contract to reflect the sale as a gift. The prefectura will then value the property for tax purposes only. You need to ask the person if they had bought the property with legally registered money. If so they have no problem in sending the money out to Germany, except the for exchange losses.