Quote:
Originally Posted by Simon Eaton
I thought it would be interesting to see which companies people are using at the moment, and which projects they are buying from them!?
I as most people know have just bought in Coral Beach, and am considering an apartment near Fortaleza now from a very decent developer.
What returns are we honestly expecting to get? Are we hoping to replicate the returns of Marbella 7 years ago... will this work? or not?
I am expecting 12% a year over 5 years. Also, if I buy now I hope the currency will stabaslise and secure my hopes. The market is so strong, and Goldman Sachs BRIC reports are fascinating. They have recently written a report described as describing the B in BRIC. they basically have high lighted why Brazil will be so good. I really trust that firm, and I am obviously swaded by their superior knowledge to most of us. Therefore I want justification from forum users for negativity over the market, and more importantly positivity.
If we create the above, this could soon become the most valuable link in real estate investment in Brazil.
Comments and thoughts???
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I just read a report from Stratfor discussing the ramifications of the latest oil finds in Brazil, very interesting reading and should make for interesting and prosperous times in Brazil.
As you can imagine the americans/euros are itching to get into Brazil energy as it offers them a stable source of energy without the major political headaches of the middle east.
It was a pity that the last announcement of a find of 33 billion barrels was wrong as it would have changed everything overnight, but they have still confirmed 13 billion barrels and most likely will find a lot more there.