Coral Beach Brazil

[sarah nash]

What I find strange is your lack of focus.

I am asking completion times not road incidents for the last time. NOT THAT I DO NOT CARE, IT IS JUST THAT YOU CAN MAKE YOUR OWN ENTIRE SECTION ON ROADS IN BRAZIL, just not here, I am trying to be specific and have come here for advice.

I know what the roads are like, not as bad in these areas as you describe, except on the older roads, but I do not know the completion times.

So please, be helpful in the right place. It is as pointful as going on the cape verde forum and telling them about the cost of living in Brazil, great info, wrong time, wrong place.

Thank you for waisting more of my time, and your own!

I am glad that is off your chest.

[RalphJ]

Originally Posted by sarah nash

What I find strange is your lack of focus.

I am asking completion times not road incidents for the last time. NOT THAT I DO NOT CARE, IT IS JUST THAT YOU CAN MAKE YOUR OWN ENTIRE SECTION ON ROADS IN BRAZIL, just not here, I am trying to be specific and have come here for advice.

I know what the roads are like, not as bad in these areas as you describe, except on the older roads, but I do not know the completion times.

So please, be helpful in the right place. It is as pointful as going on the cape verde forum and telling them about the cost of living in Brazil, great info, wrong time, wrong place.

Thank you for waisting more of my time, and your own!

I am glad that is off your chest.

Just replied/replying to one of YOUR own comments. If you don't want to get "off point", don't go off.

[sarah nash]

selective reading, the entire point of that, was getting on point.

It is not personal I just would like to keep this area specific to my question, so as an agent I would like you to stay out of this section, my questions are not towards you, and your vote does not count... in my opinion at least.

[RalphJ]

Originally Posted by sarah nash

selective reading, the entire point of that, was getting on point.

It is not personal I just would like to keep this area specific to my question, so as an agent I would like you to stay out of this section, my questions are not towards you, and your vote does not count... in my opinion at least.

That's fine Sarah, and I will make it a point to stay out of your threads on this closing note. I'm a developer, as well as a consultant, as well as an agent, just recently started reselling properties yet have been developing for 4+ years in Brazil. You'll see or should see that I'm one of the few handful that doesn't promote Brazil to be some "can't lose investment, tropical paradise, where everything is hunky-dory with no potential downside". That comes from ten years of living on the ground here and seeing foreign investors by the dozens, if not hundreds, that have gotten ripped off and some that actually lost their lives or nearly lost their lives from assaults and just living in Brazil and being unaware of the reality of where they're at, and this occurs anywhere from the deep south of brazil to the far north, it's not just concentrated in one area.

I wish you all the best in your investment and sincerely hope that if/when you spend time in Brazil that you're well aware of all the risk factors as you're currently doing with your investment.

[michaelbush]

Originally Posted by sarah nash

here you go. I hope this is more than useful for everybody in sorting out what is what!

"It is projected that international property buyers will amount to 70% of the total in the region by year 2015." Hope the Brazilians know about this Gringo invasion!
makes a lot of statements but no proofs - where did this info come from.

"In certain areas the immediate environment provides an opportunity for leisure facilities such as riding, off-road cycling, hiking, fishing, scuba diving, and wind & kite surfing. These activities not necessarily being available in other regions."

Makes you wonder if the management has been to any other region in Brazil! Just Google kite-surfing or scuba diving in Brazil.

No Sarah, I won't be your neighbour, but good luck anyway.

[KeithBtt]

Hello Sarah.

I have purchased land in a development in a similar area, I find the price of this project very competitive, and with the vision it seems like a good price per m2.

I purchased 4 plots of much smaller sizes but for more money, but the location is exceptional. I completed on those within 28 days and found it no worry. There can be delays however when the carnivals are on, or when the lawyers, registries etc are busy.

I believe that if everything is good and checks out properly, and as you have done your homework, then you have a strong investment.

Also, JM, I agree with your points. Not everybody wants the same location, I was also offered land around a lake, which apparently appeal more to the national market. But like another person stated, the international market is really your exit strategy.

I do not think that is a problem, as a lot of people can only truly profit from the international investors, and I personally do not believe in concentrating my exit towards a local market, despite that being the mass, when the entire principal of my investment is into that of an emerging market, whose locals could not afford to buy, being the point I can purchase so cheap.

If the future market value was too tightly linked to this we would not see the rate of economic and property growth that we expect to see from emerging markets.

Being the price, location and timing, providing it is what it is, then I do not believe you need luck.

[ady1231]

Originally Posted by wolfgang

Hmm.....Confusion and misinformation certainly abounds here. Perhaps i can offer some assistance as everyone is talking at total cross purposes.

To begin with there are TWO Flexeiras.

One is approx 1 hour NORTH of Fortaleza in Ceara which is where the Coconut Grove development will be.
The other Flexeiras is in Alagoas which is approx a two hour drive SOUTH of Recife near Maceio and this is where Coral Beach Resort will be.

Paul your compass is way off i'm sorry to say. Neither Flexeiras is anywhere near Aracati which is approx one hour and a half SOUTH of Fortaleza.

Hope that clarifies and helps those that are considering a purchase with the geography of N.E Brazil.

Hi Wolf;

I was just been notified by coconut grove developers, that the project will be moving to the next plot 500 m away, due to unexpected dispute with the local fishermen small houses on the beach! they are offering a full refund, or a same plot in the adjacent land, i am not sure!

[wolfgang]

Originally Posted by ady1231

Hi Wolf;

I was just been notified by coconut grove developers, that the project will be moving to the next plot 500 m away, due to unexpected dispute with the local fishermen small houses on the beach! they are offering a full refund, or a same plot in the adjacent land, i am not sure!

Ady
Thanks for the info.Forgive the pun but that sounds rather "fishy" to me.
This is not the kind of dispute that would be classified as "unexpected"
Did they not see the fishermans dwellings? Why did the dispute not come to light as a result of all the claimed due dilligence-legal or otherwise?
It is the first instance i have ever heard of where a small group with no political clout whatsoever has been able to move a developer on. My instinct suggests that the root of this problem may be somewhat deeper-i suggest you check this out fully ,though at the very least it brings into question the credibility of the developer regarding their claims re full approvals. If they were allowed to build there, quite simply they would.

[KeithBtt]

hi wolfgang,

I agree with your post, if the developers of this coconut grove were at one stage able to buildm fisherman with small dwellings would not stand in their way.

I have purchased in a development where the original owners owned most of the land in the area and have broken it down, i bought a few there. The disput of other people was not even an issue as the government are so keen for us to develop. Have you seen the forum on real estate international on this website, there are some interesting points there.

What would you do, money back or buy with them again?

Is this the same developer as Coral Beach?

[sarah nash]

Hi Keith,

Coral Beach is not the same developer, coconut grove was being handled by realestate international, who are an agent based in spain.

Coral Beach is being developed by PBI Ltd and marketed in Europe through various companies. All of our contracts are signed with Venturis International though, as they have the exclusive marketing rights for europe, and everyone is selling through them.

I have received my full due diligence pack now, I am waiting for my own translation, but aside im good to go. It has passed my tests. I do not believe there are any properties or disputes that could arrise and prevent development. All the best. are you going ahead?