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Coral Beach Brazil - Page 10

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  #91  
Old 02-04-2008, 09:02 PM
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Join Date: Apr 2008
Posts: 768
Smile why are you so uptight?

Sarah,I have no idea why you are so uptight,but really you are inexperienced and sound slightly neurotic.Sorry about that.Get some portuguese lessons it may help you with translations and all the best.
Quote:
Originally Posted by sarah nash View Post
dotty, i think you are just a wierdo that sits at home and you enjoy sharing negativity as you believe people will be affected by your statements. Its almost a cry for attention, a bit wierd to find on a property forum.

Anyway, Dotty, best of luck with things, if I was you I would invest in some healthcare.

But stay out of Brazil, as it is sooo terrible.
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  #92  
Old 02-04-2008, 10:17 PM
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Join Date: Apr 2008
Posts: 768
Smile Learning Process

Sarah,I do hope your transaction works out,but you really should be able to speak Portuguese it would make your life a lot easier!
Quote:
Originally Posted by sarah nash View Post
dotty, i think you are just a wierdo that sits at home and you enjoy sharing negativity as you believe people will be affected by your statements. Its almost a cry for attention, a bit wierd to find on a property forum.

Anyway, Dotty, best of luck with things, if I was you I would invest in some healthcare.

But stay out of Brazil, as it is sooo terrible.
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  #93  
Old 03-04-2008, 10:11 AM
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Quote:
Originally Posted by Dotty View Post
Brazilians have a wonderful sales trick where the put a building for sale(1 week later they say 50% sold)but they are not the constructor holds properties back and then ups the price then releases or appears on the market the property for sale.This is not flipping property,but a trick commonly used here.So,please I understand you are new here and I do know what I am talking about.Do you speak Portuguese??There are people that can assist you better.I am a personal experienced investor and not an agent,but I am fascinated with what I am reading.
Yes I speak, read and write Portuguese better fluently and can even imitate accents from different regions to fool people into thinking that's where I come from. How about you?

I've also been researching Brasil purely from the investment side for over a year. I have visited Brazil only once myself but people from the company I work for are almost constantly on the ground there, (this year about 8 weeks of work have been done on the ground in Brasil by our team and two of my colleagues are on their way to Rio for a holiday today) plus we have partners who work and live there. I have friends who have lived in Natal for years as well.

I am not "new" to Brazil as much as you seem "new" to the investment business. As I asked before... you say Coral Beach is overpriced but you don't seem to even know what those prices are. Have you ever been to the location where it will be built? In fact do you even know where it will be built?

All I can see is that you are hopping from thread to thread making derrogatory remarks about every development there is when you obviously know absolutely nothing about investment and it seems even less about the developments we are discussing.

Oh and if you did care about "Nosso Ambiente" you'd have a much better argument than "you can't build on sand dunes" which is pretty pathetic.

Go pick on another forum where you can make yourself credible to the gringos. As Jack Nicholson once said "don't try and sell crazy here, we're all stocked up"
__________________
Yes, I work for a Real Estate company doing market research and analysis but I'm not involved in sales.

Have a nice day
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  #94  
Old 03-04-2008, 10:23 AM
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Smile Why ARGUE?

Why are some people so uptight on this site?Another newcomer to researching .S.A .Best of luck!QUOTE=JMBroad;41899]Yes I speak, read and write Portuguese better fluently and can even imitate accents from different regions to fool people into thinking that's where I come from. How about you?

I've also been researching Brasil purely from the investment side for over a year. I have visited Brazil only once myself but people from the company I work for are almost constantly on the ground there, (this year about 8 weeks of work have been done on the ground in Brasil by our team and two of my colleagues are on their way to Rio for a holiday today) plus we have partners who work and live there. I have friends who have lived in Natal for years as well.

I am not "new" to Brazil as much as you seem "new" to the investment business. As I asked before... you say Coral Beach is overpriced but you don't seem to even know what those prices are. Have you ever been to the location where it will be built? In fact do you even know where it will be built?

All I can see is that you are hopping from thread to thread making derrogatory remarks about every development there is when you obviously know absolutely nothing about investment and it seems even less about the developments we are discussing.

Oh and if you did care about "Nosso Ambiente" you'd have a much better argument than "you can't build on sand dunes" which is pretty pathetic.

Go pick on another forum where you can make yourself credible to the gringos. As Jack Nicholson once said "don't try and sell crazy here, we're all stocked up"[/quote]
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  #95  
Old 03-04-2008, 08:53 PM
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Default

Over the past 4 weeks we have received phenomenal ammounts of enquiries as a result of the discussions on this forum.

We are not here to protect this investment, or to pass our opinions on it. The sole purpose is to clarify issues that have been brought to our attention by our clients, agents, and partners.

First of all, Coral Beach Resort is a development of plots that stretch from the front line of the beach, back to the access road and lagoon at the rear of the site. There is approximately 47% of the site for sale.

This 47% has been broken down into a number of plots. On these plots permission has been granted and recorded documentation is in for the construction of single home units.

We have also applied and are awaiting acceptance of construction of an apartment building, hotel and amenities of such ventures.

Already beach club, lagoon, and small hotel are finalised. These account for a number of the mentioned "plots".

There is ZERO construction infront of Coral Beach Resort, and all clients will benefit from direct beach access, and lagoon access. There are also green areas accounting for 35% plus.

On the 47% available for construction, only 30% of that can be built on.

Therefore, once we have finished the hotel, beach club, restaurants, common areas etc, only approximately 13% of the site will be developed, making a very low build density.

The project is located 85kms North of Fortaleza, and is even closer to the airport. The journey is averaging 1hour.

There are massive improvements constantly underway for the roads and access points that lead to Coral Beach, which will drop travel time.

The reason we have chosen this location, was due to the temperature, growth rate, development, cost of purchase, the sea and its child friendly temprament in this area, the environmental aspects, and hundreds more.

We do prepare FULL information guides for every client, including political, economic and currency stability. We outline every fact that we find important, and assist our clients to find what they see as important.

We have proven success on every opportunity we have had. We are currently involved in the development of 600 townhomes for city expansion in Seville.

We would also like to take this opportunity to explain to our clients and forum users, that we are nothing to do with Coconut Grove development, or RealEst International, aka RealEstate International.

We are however in discussions with various clients of the Coconut Grove development, these clients are actively in negotiations with us, where we are providing assistance to them, as, when, and where it is needed.

We are not taking over the Coconut Grove development, or we have no plans on doing so, we believe that we must focus ourselves to the one particular development, as it is our flagship Brazilian development.

Our role in Coral Beach is assisting investors, and end users a like, to get involved. We obviously have to identify strategies that allow them to find out about it, and to be able to explore and analyse it quickly, and efficiently. We have secured 300 units in Coral Beach.

Poynter-Brown Investments Ltd. are the owners of the land, and are owners of Coral Beach Resorts Ltda. We own all the rights for the development and its marketing to private clients.

We are expanding from our current locations, Spain, UK, Brazil, USA, Gibraltar (Corporate Investments with PBI Ventures), and Cyprus, and we are moving into the Dutch and Scandinavian markets. We believe this opens up Coral Beach and our other existing and previous developments to further currently strong markets.

Completion times are averaging 23 days, our clients are assisted every step of the way by dedicated account managers. We create the POA (Power of attorney), CPF, and legally transfer your monies into HSBC through the central bank of Brazil, and receive the monies after proof of clean and clear title, as stated on our POA. The title deed is then sent to you within 7 days.

As we understand the nature of this forum, to discuss openly and fairly, we will not be making any further statements or responses, but please get in touch with us if we may be of any assistance.

Also, Sarah, Simon and others, we thank you for your loyal approach and consideration of Coral Beach and Venturis International.

We wish everybody every success with which ever investment or holiday, retirement purchase you make.

Venturis International
Relations Management.


Regarding the Coral Beach Resort, Lago Doce, Flexeiras, Trairi, Brazil.
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  #96  
Old 07-04-2008, 02:11 PM
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Join Date: Apr 2008
Posts: 6
Default Coral Beach Not for me.

Hello everyone.

I WAS PERSONALLY in Brazil last week to look at several plots which I had reserved in Coral Beach and I feel I write to leave information of my experience.
I was shown the land of Coral Beach and it looked good. Although it was a very fast visit I had no chance to look at the surrounding areas. I had been given a 22 page Due Diligence pack but it was all in Portuguese, so I had no idea what it said which I thought was strange. I was introduced to a Solicitor, Rui Ferias who I found out not only acted for the original owner of the land but also the developer! I was expected to use this Solicitor, the same Solicitor for all 3 of us? This is a very dangerous way to do things. How can he act as my independent legal representative as he works for the Developer and the registered land owner. A Conflict of interest surely. I also goggled his name and saw a interesting report of an American bloke who was not happy with him either.

So I then got independent advice from my own solicitor who reported back on the due diligence and he informed me it was incomplete and really didn’t offer any security. On instructions from my new independent Solicitor I asked does this project have a Environmental Semace license I was told "NO." This apparently was "arriving any day" but i had the impression of being told anything to get me off the sent.
I did not buy from Venturis International and I have asked for a full refund, I will post the outcome as and when I get the refund. My advise, get your own Solicitor, ask a lot of questions, and go and see the surrounding area independently. I ended up buying in Cumbuco so it was not a waste of time after all.
Good luck.









I am new to this forum, and hope it can be of assistance to myself and others like myself.

I am interested in purchasing a plot of land in the Coral Beach Resort, about 45 minutes drive north of the city of Fortaleza.

I am paying 39.89 USD per m2, and am confident that in comparrison to other overseas agents this is a competitive price. Also, the company selling it came recommended by a friend, well actually an agent that I have used before in London.

Can anybody who has purchased here give me some advice as to what to look out for and how I should handle the process on this case. I need a power of attorney certified by my local notaire then sent to brazil, apparently this will also assist in transferring funds through the escrow like system they have there, which i presume is to prevent money laundering.

Is 28 days realistic to complete? Although I have been given 6 weeks, I want to make sure this is realistic before I place a deposit.

thank you for whoever takes the time to help me, and I wish you all the best![/quote]
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  #97  
Old 07-04-2008, 05:32 PM
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Posts: 6
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Hello everyone. (sorry i miss spelled a few words in the original)

I WAS PERSONALLY in Brazil last week to look at several plots which I had reserved in Coral Beach and I feel I want to write to leave information of my experience.
I was shown the land of Coral Beach and it looked good. Although it was a very fast visit I had no chance to look at the surrounding areas.
I had been given a 22 page Due Diligence pack but it was all in Portuguese, so I had no idea what it said which I thought was strange. I was introduced to a Solicitor, Rui Ferias who I found out not only acted for the original owner of the land but also the developer! I was expected to use this Solicitor, the same Solicitor for all 3 of us? This is a very dangerous way to do things. How can he act as my independent legal representative as he works for the Developer and the registered land owner. A Conflict of interest surely. I also googled his name and saw a interesting report of an American bloke who was not happy with him either.

So I then got independent advice from my own solicitor who reported back on the due diligence and he informed me it was incomplete and really didn’t offer any security. On instructions from my new independent Solicitor I asked does this project have a Environmental Semace license I was told "NO." This apparently was "arriving any day" but i had the impression of being told anything to get me off the sent.
I did not buy from Venturis International and I have asked for a full refund, I will post the outcome as and when I get the refund. My advise, get your own Solicitor, ask a lot of questions, and go and see the surrounding area independently. I ended up buying in Cumbuco so it was not a waste of time after all.
Good luck.
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  #98  
Old 07-04-2008, 06:35 PM
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Join Date: Apr 2008
Posts: 768
Default

That si cheap!
Quote:
Originally Posted by davidm View Post
Hello everyone.

I WAS PERSONALLY in Brazil last week to look at several plots which I had reserved in Coral Beach and I feel I write to leave information of my experience.
I was shown the land of Coral Beach and it looked good. Although it was a very fast visit I had no chance to look at the surrounding areas. I had been given a 22 page Due Diligence pack but it was all in Portuguese, so I had no idea what it said which I thought was strange. I was introduced to a Solicitor, Rui Ferias who I found out not only acted for the original owner of the land but also the developer! I was expected to use this Solicitor, the same Solicitor for all 3 of us? This is a very dangerous way to do things. How can he act as my independent legal representative as he works for the Developer and the registered land owner. A Conflict of interest surely. I also goggled his name and saw a interesting report of an American bloke who was not happy with him either.

So I then got independent advice from my own solicitor who reported back on the due diligence and he informed me it was incomplete and really didn’t offer any security. On instructions from my new independent Solicitor I asked does this project have a Environmental Semace license I was told "NO." This apparently was "arriving any day" but i had the impression of being told anything to get me off the sent.
I did not buy from Venturis International and I have asked for a full refund, I will post the outcome as and when I get the refund. My advise, get your own Solicitor, ask a lot of questions, and go and see the surrounding area independently. I ended up buying in Cumbuco so it was not a waste of time after all.
Good luck.









I am new to this forum, and hope it can be of assistance to myself and others like myself.

I am interested in purchasing a plot of land in the Coral Beach Resort, about 45 minutes drive north of the city of Fortaleza.

I am paying 39.89 USD per m2, and am confident that in comparrison to other overseas agents this is a competitive price. Also, the company selling it came recommended by a friend, well actually an agent that I have used before in London.

Can anybody who has purchased here give me some advice as to what to look out for and how I should handle the process on this case. I need a power of attorney certified by my local notaire then sent to brazil, apparently this will also assist in transferring funds through the escrow like system they have there, which i presume is to prevent money laundering.

Is 28 days realistic to complete? Although I have been given 6 weeks, I want to make sure this is realistic before I place a deposit.

thank you for whoever takes the time to help me, and I wish you all the best!
[/quote]
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  #99  
Old 08-04-2008, 11:25 AM
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Default

I have also been to the site, and I decided to go ahead, the location is stunning David.

I was also given the due diligence report, and it did not have the infrastructure report, just because they had not collected it yet, as it was not needed. I asked for this document and 5 days later I had it, then I gave the okay.

I have finished on completing on a unit and the lawyer I used was also Rui Farias, however I was impressed. For a 9000 purchase they use the same lawyer as a cost saver for the client, I am not going to spend 3000 on lawyers for a 9000 investment. It is registering a title deed. You can use your own lawyer to check out the docs, do that in UK, but for title deed, it makes sense to use that lawyer.

The reason he can represent you all is because of the way it works, the protection is all there from the banks for example to protect your money.

I have seen the original SEMACE and renewal documents, but it is standard procedure in Brazil to renew the SEMACE yearly.

I hope this answers any questions David.
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  #100  
Old 08-04-2008, 11:48 AM
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Quote:
Originally Posted by davidm View Post
Hello everyone. (sorry i miss spelled a few words in the original)

I WAS PERSONALLY in Brazil last week to look at several plots which I had reserved in Coral Beach and I feel I want to write to leave information of my experience.
I was shown the land of Coral Beach and it looked good. Although it was a very fast visit I had no chance to look at the surrounding areas.
I had been given a 22 page Due Diligence pack but it was all in Portuguese, so I had no idea what it said which I thought was strange. I was introduced to a Solicitor, Rui Ferias who I found out not only acted for the original owner of the land but also the developer! I was expected to use this Solicitor, the same Solicitor for all 3 of us? This is a very dangerous way to do things. How can he act as my independent legal representative as he works for the Developer and the registered land owner. A Conflict of interest surely. I also googled his name and saw a interesting report of an American bloke who was not happy with him either.

So I then got independent advice from my own solicitor who reported back on the due diligence and he informed me it was incomplete and really didn’t offer any security. On instructions from my new independent Solicitor I asked does this project have a Environmental Semace license I was told "NO." This apparently was "arriving any day" but i had the impression of being told anything to get me off the sent.
I did not buy from Venturis International and I have asked for a full refund, I will post the outcome as and when I get the refund. My advise, get your own Solicitor, ask a lot of questions, and go and see the surrounding area independently. I ended up buying in Cumbuco so it was not a waste of time after all.
Good luck.

Either the developer, if he is interested in marketing to foreigners, or the agent(s), should translate any and all documents pertinent to approvals, contracts of buy and sell, etc, when marketing to foreigners.

And naturally a developer and/or agent should welcome the fact that potential clients are using an independant lawyer. If a developer and/or agent attempts to pressure someone to use their lawyer, in many instances that is the first tell-tale sign that everything may not be the way they're portraying it.
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