Originally Posted by Coqueiro

Hi Mineiro - just think how much money you could have made if you had bought a farm alongside a beach in Bahia 8 years ago - looking at quite possibly millions once you got it split into lots of 300m2!

I am currently looking for a Sitio right now as it happens, that an apartment in Salvador, a motor bike and a yacht - well one can dream

Originally Posted by Dotty

Angelo,

Good for you ! Nice to hear you can still get 300% in such a short space of time!I can't see a future where you now pay 300,000-400,000 for 60mt in Natal and then see it rise to 1 million in the future,though it would be fantastic if they did.

Originally Posted by Angelobrazil

hi Dotty

i have been in Natal in January. I have seen many, many properties for sale. That is not a good sign. And prices overrated already. Places, that are in the mouth of everybody, are not good spots to target. The places with potencial are hidden, almost nobody talks about them ( yet ) . At the northeast cost, not many places remain with a good potential.
Sergipe state has been discovered only very, very recently .

search for INVI Barra dos Coqueiros, and you will see what is going on here.

I know for example a spot, a peace of land with 300 hectars of land, excellent location, that can be reached even by boat from Aracaju, at only 25km from Aracaju centro, not at the beach, but very close. the new Refinaria Atlântico Sul will be implemented close, and many workers will need a home. This land can be bought today for 1.5 mio Reais. it will be worth in 5 years at least 10x what it costs today, whole sale. If divided in small plots, even more.... this is a example of a oportunity, which offers real highest gain in short time.

Angelo

Originally Posted by Mineiro

Hello Coqueiro , I take it you didnt buy a farm alongside a beach in Bahia 8 years ago since if what you say is true independant of location you would already have your apartment, yacht, etc. However I dont think it's that simple since there are no doubt hundreds of farms still waiting to be sold on the Bahian coastline. If tourism was such a great money spinner in Bahia or Brazil for that matter then why has the Costa de Sauipe resort been the worst investment the Previ (Fundo de Pensao do Banco do Brasil) ever made. Infact since its inauguration it has only made a profit during one year.

Originally Posted by Coqueiro

If we had been lucky enough to buy a farm infront one of the beaches in Itacare 8 years ago, we would be millionaires right now to be sure. At least two people I know of now are.

But 8 years ago my business was else where and Brazil not even on the radar.

I know nothing about Costa de Sauipe resort, which I guess is in Aracaju not Bahia? But I do make a good living out of tourisem in Bahia (as do my competition), though my investments are rather more modest than that of a mega all singing and dancing resort!

To be honest I could probably buy the things on my wish to list, but business, for now comes first and the toys, god willing, will come later!

Originally Posted by lagarto

There are substantial profits to be made in coastal properties and you would have made much more than 7 times your value had you bought 8 years ago on the coast. I too live on a large farm in Ceará which has risen considerably in value but my properties on the coast have risen at a much higher rate.
The UK is not far better in value for money either....are you suggesting that the price per m2 in the UK being 10-20 times higher is justified by the quality difference...which I might add is down to the builder you use.
Brazil is a different culture completely and can't fairly be compared to the UK.
There are plenty of people living and developing in Brazil who understand its culture, changes and differences over the last god knows how many years..and it is fair to say that the last 8-9 years will have a very different storty for those investing over the last say 2 years. Growth in the Northeast is still surging forward which appears to upset some of the so called investors on this forum who have failed or not managed to make such good investments.


I would like to know how your properties will "be a solid investment in years to come". How many years do you imagine? Investment in which sense ? Rental or increase in market value ? Isn't Eusebio on the "periferia" of Fortaleza ? By the way what do you farm caju fruit or goats?

Originally Posted by Angelobrazil

previous to Aracaju, i have bought in Itacaré in 2004 5 hectars of land, at 4km from Itacaré town. Who wants to see my condominio, can acess photobucket, and search for ElShamah. I know the real estate situation in Itacaré very well, and i can tell you that even 8 years ago, there was almost anything available at any beach, close to Itacaré. The beaches were always inside of big fazendas, and in the hand of a few lucky people. One of the smart guys, his name is Ralph. He is the owner of a well known surf brand, not shure if it is Hang Loose. He bought in 1993 a fazenda with Prainha beach for us$300 thousand. But this is already 15 years back!! Another is Luciano, a guy from Minas Gerais, from a rich family, which bought 1500 hectars of land in 1996 for us$ 800 thousand. He sold afterwards Hawaizinho beach to Warapuru, a six star hotel which is beeing build right now. Warapuru made a trade , and paid future 2 luxury villas for the land, worth about us$ 4million. In 2004 , i paid R$ 140.000 reais for my land, about 28000 reais per hectar. In January, a Paulista paid 80000 reais for one hectar, close to my land. Itacaré is not growing fast, and mostly foreigners buy land there. I am selling there average 2 plots of land a year. In Aracaju i sold 120 in 5 month....

Angelo

Originally Posted by Coqueiro

If we had been lucky enough to buy a farm infront one of the beaches in Itacare 8 years ago, we would be millionaires right now to be sure. At least two people I know of now are.

But 8 years ago my business was else where and Brazil not even on the radar.

I know nothing about Costa de Sauipe resort, which I guess is in Aracaju not Bahia? But I do make a good living out of tourisem in Bahia (as do my competition), though my investments are rather more modest than that of a mega all singing and dancing resort!

To be honest I could probably buy the things on my wish to list, but business, for now comes first and the toys, god willing, will come later!

Originally Posted by Mineiro

I have daily to weekly sales on an on going basis for most of my properties as i'm a developer building beachfront condos etc. I also have a very good rental service and presently rent my 6 personal apts plus others for clients/friends in Fortaleza so I guess the answer is property value increase and rental investment.
No Eusebio is not under the Fortaleza Town Hall. Eusébio is a separate municipal with it's own town hall.
I have caju, carrambola, manga, sirreguella, coconuts (green and solid for factories) acerola...dogs, chickens, ducks, cappote but sorry nooo goats.
My farm was bought for its size and location being only 25 mins from Fortaleza but also for the space and freedome...I don't like living in an apt.