Overseas Property Investment Forum

Joao Pessoa....existing property for sale?!?

lialia — Wed, 16 May 2012 19:23:37 GMT

Hi there! New to the forum and decided to sign up just now after spending hours having a read of everyone's posts! This seems like the place to be!

Okay - so I'm planning on investing in Brasil - and am currently drawn to Joao Pessoa (due to research, although have never been there!)......there is a site I've found called which is listing local property in and around Joao Pessoa.....I like the look of it but has anyone local got any views on this company or and advice. Every other site I find is listing new developments that I'm not really interested in to be honest.

I lived in Rio for a year and a half and am dying to move back to Brasil. Rio is too expensive so I find myself looking for other areas. I'm not looking for high-end off plan apartments - just a nice little pad in decent proximity to the beach in an up and coming and very safe area?! So - any Joao Pessoa people out there - I welcome your advice.

I'd ideally spend give or take 4 months a year in the property and the rest of the time rent it out to locals or acquired friends. I want somewhere nice and cheap, but with good potential that I can work on!

Basically, I don't know where to find decent, trustworthy property listings in the area!?

Many thanks!

Lia x

dog friendly complexes

ladybird2011 — Wed, 16 May 2012 15:58:27 GMT

We are looking for a small, quiet complex where they do not mind if we take our pet dogs. Sunny Beach quieter area, Tankovo, Kosharitsa (not Sunset as we own there and they have just changed the rules meaning we are being told we cannot use our apartment but are seeking legal advice), Sozopol..... but are considering selling and buying elsewhere or exchanging for another apartment somewhere else.

Cape Verde

Lysos — Wed, 16 May 2012 10:59:56 GMT

Whatever happened ?. Four or five years ago this was being heavily promoted for holidays and property 'investment', with agents falling over themselves to promise not just 5 star resorts, but 6 star resorts & hotels, luxury restaurants, world class golf courses etc. One Irish developer was supposedly buying two 747s to carry the thousands of Irish tourists expected to flock there.

Nobody bothered to question how they were going to attract the calibre of staff needed to make these claims reality, to a third world group of islands off the coast of Africa.

Ernie Els was supposedly heading up a �2 billion golf development. I read today that even the best course in Cape Verde has mud brown 'greens'. Hardly world class. As for flights, Thomson seem to fly several times a month (circa �500 return) from Gatwick to Boa Vista, but I couldn't find any direct flights from Dublin.

Hardly the booming market promised. I wonder how the promised guaranteed rentals and buybacks - as advertised elsewhere on here - panned out ?.

Increased tourism income set to boost buy to let in Albania, according to property experts

Editor — Wed, 16 May 2012 10:00:23 GMT

Increasing tourism revenue in Albania is boosting the potential for buy to let property investors choosing to buy in the country, it is claimed. Data from the Bank of Albania shows that tourism revenue for the Balkan nation increased by 17% in 2011, reaching �1.3 billion. Property experts believe that Albania is a value for [...]

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An expert opinion on Dubai rents needed

Fran — Tue, 15 May 2012 16:04:38 GMT

Dear All,

I am a bit confused in what direction rents in Dubai are heading. It seems summer may be defalatory...

Read here and let me know what do you think:

Old Town Dubai rents stable, plenty of availability

Smart Choice: Rent a furnished apartment in Dubai

Why rents in Dubai will not increase dramatically anytime soon

Thanks in advance for any input.

Al Jawza International City

lzg2309dxb — Tue, 15 May 2012 12:03:01 GMT

Is there anyone out there who invested at Al Jawza Project of Tameer at International City? I signed a purchase contract with Tameer in June 2006 for total property value of AED626,920 with promised delivery of 2 bedroom apartment in June 2007. The first delivery schedule was delayed and re-scheduled to June 2008 then to April 2009 and finally the project became ready for hand over just last 12 March 2012. I paid a total amount of AED470K till Nov 2008 and now Tameer is forcing me to pay the balance without discussion of compensation which is totally unfair. If i did not follow the payment schedule given to me by Tameer I am pretty sure that I will be penalized but now that Tameer was delayed by more than 5 years Tameer was simply telling me to pay the balance amount without compensation at all? I paid interest to the bank while trying to meet the payment deadline of Tameer therefore I am seeking compensation against the amount I paid to Tameer from June 2006 till Nov 2008.

Anyone out there facing similar situation and what sort of action I should undertake now?

Appreciate receiving your opinion.

House prices in Scottish seaside towns have more than double since 2004

Editor — Tue, 15 May 2012 10:00:12 GMT

House prices have more than doubled in three seaside towns on Scotland’s north east coast since 2004, according to the latest research from Bank of Scotland. Macduff and Fraserburgh in Aberdeenshire recorded the biggest rises over the past eight years with the average house price increasing in both by 123%. The average price in Macduff [...]

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Indices disagree over sales and values in New Zealand property market

Editor — Mon, 14 May 2012 10:00:54 GMT

Residential property sales in New Zealand slowed slightly in April, but are up from a year ago in almost every region in the country, the latest figures from the Real Estate Institute of New Zealand (REINZ) show. Sales for April were 13.8% higher than this time last year, to a total of 5,676, according to [...]

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Geshaview, Dryanovo

Fozziebear — Sun, 13 May 2012 22:11:48 GMT

Hi I was just wondering if there are any bloggers who have purchased properties at Geshaview in Dryanovo, and if so are they having any problems getting their deeds etc.

Property Investment in Malaysia

Jascheng — Sun, 13 May 2012 09:47:45 GMT

I personally think that Malaysia's property is still worth to invest, despite i am the property agent.