It is also still possible to buy plots of land here on the tropical island of Itamaraca in NE Brazil. Some are beach front, many are just 100 meters or so from the ocean, and more are a short walk away. Prices vary according to location, but range from less than R$10,000 to R$150,000 for the very best secluded, double sized, beach front parcel.

Hello All,

This is my first post on Total Property. I decided to sign up after reading all the interesting comments regarding Brazil.

I have just returned back to the UK from the State of Santa Catarina in the South.

I was wondering if anybody had bought there and if so what were their experiences like. I got talking to a developer with a good reputation in Brazil who wanted to start building custom properties for UK people. If I can get a consortium of 10-15 investors, work together with an architect to design the gated estate, he will build it in the State of SC.

Is SC and good place does anybody know for investment? It seemed pretty amazing when I was there.

Anyway Happy New Year all, hope '08 brings good property deals.

TPG..

The level of education is much higher in Santa Catarina and other cities such as Florianopolis in the south of Brazil than in the rest of the country.

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www.mjrdevelopments.com/ www.rosegardenbrazil.com

Hello Ralph.

Thanks for the reply. Regarding the education though, what does this have to do with UK people investing in the South of Brazil?

Do you know anybody who has bought there?

TPG

How does it have anything to do with people investing in Brazil? It has everything to do with not only investing in Brazil, but doing anything in Brazil. Once you've been to some places where the percentage of educated people is much lower, like in the northeast, you'll see it affects and permeates every single aspect of life....not only investments.

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www.mjrdevelopments.com/ www.rosegardenbrazil.com

Well Santa Catarina is a big state for good feedback I Suggest you specify the city and the bairro. I am an American who has lived in Brazil for 3 years and just got my permanant visa. I Have traveled all over Brazil and I am familiar with SC. The most popular place in SC is Florinapolis then inside the island of Florionapolis you have several bairros praia dos ingleses, Jurere, Praia Bravo, centro , lagoa, etc. the thing with that island is that it only has 3 months out of the year of beach weather the rest of the year is pretty much a ghost town however alot of foreingners with money have large homes in especially in Jurere.

I am planning on buying a small apartment (one or two bedrooms) in the North East, with the aim of renting it out and using it for holidays. I have never been to this part of Brazil and will fly to Natal next month to inspect the area.
I have been recommended to consider four main towns - Fortaleza, Recife, Natal and Joao Pessoa.
Just wondering if anyone has any advice or other recommendations on where to go....and where not to go.
I'm happy to consider off-plan investments and have heard prices in and around Natal are set to increase drammatically with the expansion of the airport and better transport links.
Any advice would be most appreciated.

I have been here for six weeks mate in a hotel right on the centre of the beach charging me 80 reis a day 0r £200 a week max..I could have rented an apartment up the back by the discos for 400 reis or £120 month. But I didnt bother as my hotel has free wifi cnn and espn football a fridge full of beer and the best bums passing by that you have ever seen!

So how much money are you going to make on renting out at £120 per month during peak January season? Be careful......things arent always as they seem!

I live on the tropical island of Itamaraca just 45 mins drive from Recife, and where you can buy detached homes for the same price as apartments elsewhere in NE Brazil. I can help you with properties in this area, but not the others.

But take the time to read all the other threads in this forum to fully acquaint yourself with all the areas, off plan investments and political promises. That way you might save an awful lot of time and money, and help you focus on your ideal investment without any hype!

I just got the rental figures from a major Brazilian developer for one of the developments that they finished building 3 years ago in Ponta Negra.

Average occupancy over 2 years 6 months was 70%, and returns over the whole period work out at just shy of 40%. This equates to about 16% p.a. which is net to the owner after all costs.

I am not sure those sort of returns would be achievable today as the price of property has risen very quickly (much faster than rents) since that development was sold, but you are looking at 9-10% return p.a. using today's comparable new build prices instead of the original prices.

Regards,
Rob.

P.S. I have attached a photo I took last week from one development across 2 others just in case people have any doubts about whether any building is going on.

Attached Thumbnails

 

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Brazil Property | Pipa Brazil