Quote:
Originally Posted by Propvantage
Thanks for all the comments, whether they are all true or not remains to be seen, but at the end of the day some of the comments on here could well become a "self fulfilling prophecy"
the comments by GW were mentioned in the newsletter, so now many potential investors may start to think twice before investing in Brazil, which may well decrease demand.
I personally took the plunge into a condo at Porto Dos Corais, whether or not this was a good decision remains to be seen. But from the research I have done & continue to do, the price per m2 for a sea view condo, including furniture, was pretty good.
I would love to hear comments & further remarks, as Im certainly no authority on Brazil, and No, I havent been there...
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Hi,
Just wanted to ask you are you sure you have the furniture included or have you agreed to pay the extra? The extra is R$14,000 for the flats, R$21,000 for the apartments A,B and C and R$18,500 for the D type assuming that it may be of these type on the development you have invested in.
The reason i am questioning this for you is that the developer was allowing big confusion on this and hopefully i may of stopped this last May. I met the developers on this in there smart offices2years ago on my first trip to Brazil, by the seaway shopping area, Natal. Their people seemed good and i visited the area in Maracajau before the forest was even chopped, and i liked there planned development and the area, but at that time i was only just checking a lot of things before i came to my own conclusions on brazil investment. Although Off plans dont interest me that much in Natal i have still monitored them. 2 years ago they tried to tell me most appartments were sold and still they are a good few unsold, also 2year ago Porto Das Corais was due to be completed by Nov 2007 which far from the case due to not enough sales to keep the pace of build.
My main point tho is that last May a dopey agent who sat in her office in spain trying to sell off plan in Natal without a clue about the area and just reading the sales spin from a piece of paper rang me to try sell unit on the PDC and said all furniture included, which from memory i thought this might be incorrect so i decided to check. I checked the Brazil Homes International website to find the deal on furniture was unclear, so still having the contact card from the administrator in for the developer in brazil i emailed him pretending to wanting to buy and asked a few interesting questions and about furniture, he replied answering my questions all but about the furniture, he also sent me the payment details and said that i fill it in and he would then sort with the lawyer, 'what lawyer' i replied that i had my own lawyer in natal (yes i told a lie) and that my laywer would draft a agreement about all details including all furniture! he then replied telling me that the price not include and gave me the price list as i have mentioned. I told him that all the many agents (i even gave him a list) trying to sell PDC and including the Brazil Homes website indicated furnished incl and that i was sticking to this advertisment, he replied saying that he would look into these advertisments. I never heard from them again!!! But hopefully they might of addressed the problem.
Like i have said before im not here to doom about Off plan, im here to help most people think more about it (what Golf is trying to do) and add my thinking into it, even though overpriced alot look great for the future and i think in time assuming that tourism and the city grows and they is not a over delevopement then they will do good in capital gains.
Regards
Paul