Originally Posted by TimesAreAChanging

Here you go robh, from beginning to end:

Hi Tim,

I am not an agent and have taken a hugh amount of stick on T.P because of my views on buying properties in Brasil.Briefly,I have been a long term investor in Brasil for the past 14yrs and have only had experience with buying in the brasilian market and not the gringo market.To date all purchases have been excellent.Naturally prices have increased .

There are a few excellent construction companies here that reserve very early and by the time they are launched most are all gone ,so what you need to do is tell me which City you want to invest in and what type of investment and I can find out for you.I only recently bought a cracker (that was not advertised heavily,did not have a show flat and I had only heard about it now through somebody else)so I visited the company enquiring about another of their pre launchers and to my astonishment I managed to get the original cracker!

A great investment is a bit like the UK ,location,location,location,close schools,shops,banks,parking etc,these are all easily rentable!

Bye-bye Dotty

What is your budget

Originally Posted by robh

I ike the "I am not an agent" bit. It all makes sense now.

Originally Posted by michaelbush

If you really want to go cheap and get a good return and sales back to Brasilians you could of course consider the "popular house" . aorund 50-55 m2 on 200 m2 plots, typically 2 bed one bathroom, small lounge and kitchen and terrace. These are designed for the urban expansion plans and are priced to sell at just 53-63kR$!! Rental between 300-400 R$ per month. You would need a good few of these to make some money!

In the Zona Norte a year or so ago you could buy small houses in the "conjuntos" built on small 10 x 20m plots for 20k R$- now those same houses are around 60-70kR$, some even already 'reformed'.

Foreigners would rarely consider these as investments but the profit would have been greater!

Right now the smart money is going into the urban expansion land which is still rising in price rapidly.

Originally Posted by TimesAreAChanging

Urban expansion land you say. What do you mean by this? And which cities in particular? on this forum there is nothing about rio or sao paolo, or cities like that, this makes it even more interesting to me. semms there is not much hype concerning those cities or cities of similar type. What do you think?

Originally Posted by michaelbush

I have been ploughing through all these posts over the last few days as I have been very busy with clients and no time to catch up.

I have for years in Spain advocated the investor buy to let or to sell market should be for the local market rather than for the overseas market. Strategy was proved there! Makes sense to me if I want income from the property, to buy somthing that is easy to let to Brasilians. If I wish to sell it there is 100% of the market available.

However the comments on what Brasilians want? that is more difficult! There are many rich Brasilians who are buying "life-style". The Rossi development behind "Extra" supermarket in Capim Macio (near Ponta Negra), have only a few apartments left now having sold out a development very quickly, mostly to Brasilians at prices from 600kR$ - 1mR$ (penthouse duplex), with floor space of 198m2. 4 bed suites, suite for the maid, etc, AC but still unfurnished regarding wardrobes etc. The show house is of course furnished.

Originally Posted by Dotty

Hello timesarechanging,

There is a nice place called Macaiba,that is a bustling town and plenty to keep you busy.
I forgot to mention Mae Luiza,very well localized and close to the beach.