TURTLE BAY ECO- What do you think?

[deedee1]

Hi all,

Even so if you assuming that a CPF number will cost you £1100 in legal fees then so be it!!

If I was in brazil I would do it myself for a fiver but equally if I cant get there due to my hectic schedule and pay thw £1100 fee it would still work out half the price than me paying the cost of a 2 week package hols in brazil right now!!

Take care-D

[michaelbush]

Originally Posted by deedee1

Hi all,

Even so if you assuming that a CPF number will cost you £1100 in legal fees then so be it!!

If I was in brazil I would do it myself for a fiver but equally if I cant get there due to my hectic schedule and pay thw £1100 fee it would still work out half the price than me paying the cost of a 2 week package hols in brazil right now!!

Take care-D

Dee- you can download the application forms of the internet from the receita federal site, and I think apply on line too. You will get your number and then you have to then get the plastic card when here. You will need an address here in Brasil to use as a mailing address. Or of course you can go to the consulate- and as a last resort, please send me £550 and I will do it for you at sale price!!

[fresh1]

I have just applied for my CPF at the Brazil Embassy in London. It cost £4.

[robh]

Originally Posted by fresh1

I have just applied for my CPF at the Brazil Embassy in London. It cost £4.

Unfortunately doing it that way takes about three months, so if you aren't in a hurry ....

[timatthebeach]

i got a friendly agent to do it in brazil. cost £25 and took 3 days, i just filled in forms and he sent someone to go stand in line for me at the federal office and get it all stamped.

[Gee69]

Hi ye all Brazil Property owners !!

I am a fist time investor, currently researching options in Brazil...

I see that most of the deals are initiated and finalised on the web. I am aware of the risks involved in online deals and I would like to know genuine and reliable agents to deal with.

Can anyone let me know the credentials of 'Property Showrooms' based in Spain. They have been in constant touch with me for about a month now.

Similarly how are EQuity - London, CPS-Ireland and Experience International-U.K.

2) Do you guyz believe in making a visit to the site before taking the plunge ? I know there are ppl who dont.

Similarly I am of the opinion that a local investigation would fetch much better deals - both in terms of pricing as well as actual potential for returns.

Thanks.

Gee.

[Gee69]

I am a first time overseas investor, stumbled upon Brazil recently.

I would like to know how secure is an investment made from such a distance. In case you do not live close by, how do you manage to "look after" your property in Brazil... or is there no need to bother on that ?

I know many developing nations where 'un authorised squatting' could be a terrible menace.
More so because local laws would favour the squatter if the owner has not visited the site in a while !!

Have you made visits to your site before/ after purchase ?

Thanks..

Gee

(Agents are on my neck to sign up for Turtle Bay ... .......

[wolfgang]

Originally Posted by Gee69

I am a first time overseas investor, stumbled upon Brazil recently.

I would like to know how secure is an investment made from such a distance. In case you do not live close by, how do you manage to "look after" your property in Brazil... or is there no need to bother on that ?

I know many developing nations where 'un authorised squatting' could be a terrible menace.
More so because local laws would favour the squatter if the owner has not visited the site in a while !!

Have you made visits to your site before/ after purchase ?

Thanks..

Gee

(Agents are on my neck to sign up for Turtle Bay ... .......

Gee,
If that is a concern,opt for a resort community with 24 hour security.
I have no direct experience with the agents you mention other than with Property Showrooms and i would certainly regard them as one of the better intermediaries.
Whilst they do not always conduct a prior site visit, they do check out the developments they represent to a greater extent than most.

[fresh1]

Originally Posted by Gee69

I am a first time overseas investor, stumbled upon Brazil recently.

I would like to know how secure is an investment made from such a distance. In case you do not live close by, how do you manage to "look after" your property in Brazil... or is there no need to bother on that ?

I know many developing nations where 'un authorised squatting' could be a terrible menace.
More so because local laws would favour the squatter if the owner has not visited the site in a while !!

Have you made visits to your site before/ after purchase ?

Thanks..

Gee

(Agents are on my neck to sign up for Turtle Bay ... .......

Hi Gee

Brazil is a HUGE place. It would be like saying I want to invest in UK. There are many many different areas in Brazil - cities and coastal resorts.

Most of the population of Brazil, and the wealth and infrastructure are in the southern states. And the north of Brazil is very poor. Brazilians in the south prefer to holiday in the south as well. So you need to think about how long you want to hold the investment and who will buy it from you when you need to sell it.

You need to know your reasons for investing, and what you want from the investment. Is it pure investment? - do you want a rental yield? Or are you happy for just capital appreciation? Would you want to stay in the property yourself? And of course, what your budget is.

Also, if you can, if you have the time, you really should see something before you buy it. If you cannot, and you must buy "site-unseen", make sure you do as much research as you can into the development and into the area. Ask the agent the downsides or risks in the property, as there are always risks.

Like Belmonte, which is quite remote and difficult to access, and it would be interesting to know if any Brazilians are actually buying here, or just foreigners.

Good luck

[RalphJ]

Originally Posted by fresh1

Hi Gee

Brazil is a HUGE place. It would be like saying I want to invest in UK. There are many many different areas in Brazil - cities and coastal resorts.

Most of the population of Brazil, and the wealth and infrastructure are in the southern states. And the north of Brazil is very poor. Brazilians in the south prefer to holiday in the south as well. So you need to think about how long you want to hold the investment and who will buy it from you when you need to sell it.

You need to know your reasons for investing, and what you want from the investment. Is it pure investment? - do you want a rental yield? Or are you happy for just capital appreciation? Would you want to stay in the property yourself? And of course, what your budget is.

Also, if you can, if you have the time, you really should see something before you buy it. If you cannot, and you must buy "site-unseen", make sure you do as much research as you can into the development and into the area. Ask the agent the downsides or risks in the property, as there are always risks.

Like Belmonte, which is quite remote and difficult to access, and it would be interesting to know if any Brazilians are actually buying here, or just foreigners.

Good luck

I agree with most you have written, except there is enormous wealth in the north and northeast of Brazil. The problem is, that it is in the hands of "very few" people. The " coroneis" here in the northeast hold enormous tracts of land, and many literally worth hundreds and hundreds of millions of dollars.

And numerous brazilians that live in the south holiday in the northeast of Brazil....they do this because of the weather, but normally in the months of December-February.

There's another misnomer about the south of Brazil being more dangerous than the north or northeast of Brazil simply because Rio and Sao Paulo are in the south. While statistics show that proportionally the most dangerous places in Brazil are located in the north/northeast of Brazil, in Pernambuco, Alagoas, and areas throughout the Amazon, but also in the far south, such as Florianopolis, where people always brag about higher levels of education, better infrastructure, and less violence. Violence is a plague that unfortunately exists wherever you go throughout Brazil.