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Have you reserved at Gran Natal Golf? - Page 9

 
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  #81  
Old 15-05-2008, 09:35 AM
JMBroad JMBroad is offline
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Do you speak Portuguese Raimundo?

Just wondering because you seem very knowledgeable about south america in general but I'm surprised that you would base your experience in Brasil on one event which happened to you personally. Don't get me wrong I totally agree with you about researching the property to death and making sure everything is 100% ok before investing. But you can't meet someone in Brasil (or be introduced) and trust them implicitly from day 1 with your hard earned money. No matter who recommends them.

One thing everyone seems to have either forgotten or is just ignoring - Brasil is a relationship country the same as Portugal - nothing like Spain and I assume therefore quite different from other countries in South America which are more similar to Spain - just guessing there though as I don't know the rest of South America very well yet.

The Portuguese and the Spanish are nothing like each other. The Brazilians are very similar to the Portuguese and therefore also nothing like the Spanish.

To get something done in Brazil you need to have Brazilian friends. And when I say friends I don't mean "buy a stranger a soda and talk to him condescendingly". A lot of people seem to think that to become friends with the "natives" you need to spend money on them. Not at all true.

But you also can't be seen to be an idiot. It's a tough country because you need not only to find the right person to help you but then you need to earn their respect while also giving them your respect. Anything else and you may well get taken for a ride. Oh and if you are the type who goes to Azucar every night to meet the girl of your budget you probably won't be getting much of that respect.

Or you could go the Dotty route and "find a brazilian agency in the yellow pages and they will be safer than an established european agency".
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Last edited by JMBroad : 15-05-2008 at 09:38 AM.
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  #82  
Old 15-05-2008, 10:02 AM
Dotty Dotty is offline
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What do you mean go down the Dotty route??I have been and am doing just fine in Brasil you just have to sniff a bad egg and run a mile.........
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Quote:
Originally Posted by JMBroad View Post
Do you speak Portuguese Raimundo?

Just wondering because you seem very knowledgeable about south america in general but I'm surprised that you would base your experience in Brasil on one event which happened to you personally. Don't get me wrong I totally agree with you about researching the property to death and making sure everything is 100% ok before investing. But you can't meet someone in Brasil (or be introduced) and trust them implicitly from day 1 with your hard earned money. No matter who recommends them.

One thing everyone seems to have either forgotten or is just ignoring - Brasil is a relationship country the same as Portugal - nothing like Spain and I assume therefore quite different from other countries in South America which are more similar to Spain - just guessing there though as I don't know the rest of South America very well yet.

The Portuguese and the Spanish are nothing like each other. The Brazilians are very similar to the Portuguese and therefore also nothing like the Spanish.

To get something done in Brazil you need to have Brazilian friends. And when I say friends I don't mean "buy a stranger a soda and talk to him condescendingly". A lot of people seem to think that to become friends with the "natives" you need to spend money on them. Not at all true.

But you also can't be seen to be an idiot. It's a tough country because you need not only to find the right person to help you but then you need to earn their respect while also giving them your respect. Anything else and you may well get taken for a ride. Oh and if you are the type who goes to Azucar every night to meet the girl of your budget you probably won't be getting much of that respect.

Or you could go the Dotty route and "find a brazilian agency in the yellow pages and they will be safer than an established european agency".
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  #83  
Old 15-05-2008, 02:23 PM
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robh robh is offline
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Originally Posted by Raimundo View Post
If I may offer some advice--be very careful when investing in Brazil, and if you do buy, research the property to death. Lawyers in Brazil are slick and I don't trust any of them. My investment group was scammed in a small city north of Natal and we hired a lawyer based in Rio and recommended by the American consulate. We paid a retainer fee of $1,500.00US and five years later nothing has been done, and the lawyer makes excuses. He even offered to handle it the Brazilian way, but we had to pay more $ for him and his accomplish (use your imagination) to fly to Natal, Hotel, food, etc. Suffice to say, I have zero plans of ever investing in Brazil again. Keep in mind the judicial system in Brazil is almost non-existent and only works for the super rich or the 3% that controls all of Brazil; mainly white super rich folks based in Sao Paulo, and gringos have no leverage what-so-ever.

I personally think some Brazilians enjoy when a foreigner gets duped... maybe jealousy of the first world lifestyle, not really sure but jealousy does exist but never spoken about. And there is no recourse if you are duped and cheated and consider your loss or gift and cough it up as a lesson learned or the infamous Gringo Tax. And according to the World Fact Book, Brazil is Scam Ground Zero. Meaning more scams are produced in Brazil than any other country in the world. The Nigerian email scam the bulked millions from innocent people was started, managed and operated from a run down house in Olinda, a small village north of Recife, Brazil.

Not to slam Brazil.... but the country does have a lot to offer. Maybe the most raw talent in the world-the people, and Brazil has all the natural wonders; Amazon, Beaches, fruits, etc. But the corruption, the undermining mindset and flawed character of most are questionable ay best. Most Brazilian don't trust each other, that said, the argument is how can we trust them?
Maybe you should talk to Ralph as his gringo friends seem to be having some success getting their money back from a dodgy developer.

The Nigerian email scam started in Nigeria (hence the name), it is also called the 419 scam after the Nigerian law that outlaws it!
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  #84  
Old 15-05-2008, 04:06 PM
Golfingworld Golfingworld is offline
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Raimundo, I know where you are coming from, certainly some see foreigners as there for the taking and when taken the view is "well they were gringos". No doubt about that.
Difficult to generalise but some of that culture has attracted equally unethical scam artists from overseas. It's just that the ones from abroad are more spohisticated about it. In my experience when abroad, it is my own countrymen that are first to put their hand in the honeypot and we foolishly thought we could trust them. Long and the short of it is that you can buy a cheap property in Brazil because it aint easy..if it was, everyone would be doing it!
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  #85  
Old 15-05-2008, 04:16 PM
JMBroad JMBroad is offline
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Originally Posted by Golfingworld View Post
Raimundo, I know where you are coming from, certainly some see foreigners as there for the taking and when taken the view is "well they were gringos". No doubt about that.
Difficult to generalise but some of that culture has attracted equally unethical scam artists from overseas. It's just that the ones from abroad are more spohisticated about it. In my experience when abroad, it is my own countrymen that are first to put their hand in the honeypot and we foolishly thought we could trust them. Long and the short of it is that you can buy a cheap property in Brazil because it aint easy..if it was, everyone would be doing it!
Only way to avoid that is to do research on who you work with, what they propose to you and make your own decisions based on the information they give you. Challenge their information and make sure they know what they are talking about - do your own research first so you can compare what you know as fact and what you know is hype and you'll easily be able to differentiate.

As I see it the job of a real estate agent (both a local brazilian or an overseas company) should be to provide the investor with sufficient knowledge to enable them to make an informed decision as to what is best for their personal financial situation.

Of course if you are talking lifestyle properties then you are talking a totally different kettle of fish.
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  #86  
Old 16-05-2008, 09:14 AM
deedee1 deedee1 is offline
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Hi all,

Has anyone had any further feed back from their solicitors regarding the situ??
Has anyone started to claim back their reservation refund yet?

Did anyone manage to send back the latest form declaring to the admin money you have held with GS??

Take care-D
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  #87  
Old 16-05-2008, 08:02 PM
Golfingworld Golfingworld is offline
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What is a "Lifestyle Property", is that one that is finished, the developer hasn't diappeared into the sun and it has a roof and running water?
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  #88  
Old 16-05-2008, 09:36 PM
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Raimundo Raimundo is offline
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Quote:
Originally Posted by JMBroad View Post
One thing everyone seems to have either forgotten or is just ignoring - Brasil is a relationship country the same as Portugal - nothing like Spain and I assume therefore quite different from other countries in South America which are more similar to Spain - just guessing there though as I don't know the rest of South America very well yet. The Portuguese and the Spanish are nothing like each other. The Brazilians are very similar to the Portuguese and therefore also nothing like the Spanish. To get something done in Brazil you need to have Brazilian friends. And when I say friends I don't mean "buy a stranger a soda and talk to him condescendingly". A lot of people seem to think that to become friends with the "natives" you need to spend money on them. Not at all true. But you also can't be seen to be an idiot. It's a tough country because you need not only to find the right person to help you but then you need to earn their respect while also giving them your respect. Anything else and you may well get taken for a ride. Oh and if you are the type who goes to Azucar every night to meet the girl of your budget you probably won't be getting much of that respect.
Mr. Broad, your comments are exactly the way Brazil does business and I already understand this now. Back in 2000, we did not have a grip on Brazil nor the culture. But yes, there`s a lot of truth in your comments and because of that... it takes time to build relationeships, maybe years, and if you are a Gringo, you have to prove yourself more, especially in Rio de Janeiro as all the locals already think you are a "Sexo Toutista" until you prove them wrong and this could takes years. Thanks to all the A*sholes before us, we are paying for that activity and the reputation Gringos now have in Brazil. After years of working hard and proving myself in my home country, the last thing I want is to prove myself in another, arguable a 1st-2nd world country. That said, in neighboring Latin countries it´s a little different and easier therefore our financial interest is targeted there. Our investment group can buy/build/invest and produce a lot of jobs in Brazil.... but the group has a bad taste about Brazil. Quite sad really so they are investing in the US and DR.
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  #89  
Old 17-05-2008, 05:04 AM
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Raimundo Raimundo is offline
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Gentlemen,

A mis-spelling in my prevous post. I meant 'Sexo Tourista'.
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  #90  
Old 17-05-2008, 09:28 AM
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Quote:
Originally Posted by deedee1 View Post
Hi all,

Has anyone had any further feed back from their solicitors regarding the situ??
Has anyone started to claim back their reservation refund yet?

Did anyone manage to send back the latest form declaring to the admin money you have held with GS??

Take care-D
Hi guys

Sorry for the gap in updates again. I have been meeting with lawyers all week!!

Anyway latest update is that GS still do not have "Registro de Incorporacao" and only have now until next Thursday in which to get it, before they start breaching contracts!!! They still have not got title to the land so it is now highly unlikely that they will recieve any of the required documents in time.

Our appointed lawyers are asking for all buyers to make contact in order to compile a list of buyers to make a claim for refund for. Of course if you have already instructed your own lawyer then my advice is make contact with them NOW in order for them to start the refund claim process on your behalf.

If anyone wants the details of the lawyers that will assist in this matter, then please email me at lisa@marbenrealestate.com or drop me a PM.

If anyone has individual questions again feel free to make contact.

Many thanks

Lisa
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