Dotty, I know what is selling and what isn't, so I am merely asking where you went to see if your observations are the same as mine.

It isn't that hard a question to answer.... Where did you go?

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Hi Rob,You are well aware of what is selling and what is not.I believe you are an agent .Along the Buzios coast line there are several finished buildings with no activity(not the fraud thing)that have laid empty for ages and ages.Now whether or not they had proper planning or not I have no idea ,but even the ones for sale signs are the same price as 1/2 yrs ago.Take a look .The building on the beach side(before the 1st beach bar) that has rocks and dirty rubbish everywhere with a building tip next to it!Further along are several without movement.

We don't list anything in Buzios and Tabatinga as we didn't like the area nor thought it was a good investment (at least at this moment, this may change in the future).

But this is south of Natal, where did you go in the North?

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I am not talking about listing in the area I am talking about properties that go up and no movement going on which is the same for the North!At present in the north we have Lagoa de Coalho with their difficulties and uncertainties ,Grupo Sanchez has not even begun and their financial difficulties in Spain(SP)we have the other called Palm Beach(not sure the latest )and from what I understand we now have Zumbi condo for sale without construction or part?!So basically difficulties all along somewhere or another.

Dotty, I agree with you I have seen developments that are clearly at a standstill but what you have to consider is how the sellers react. You have to remember that all these developments are there as investment properties and many are not for actual residence..they are speculative. Consequently, the Agents, Developers and Sellers have spent the last 10 years or so being used to telling buyers "buy now or the price will have risen next week" and "as we have risen the prices for this phase, it shows how all of you have or will make money". But this theory has suddenly ground to a halt and they are now in new territory..buyers have dried up, developers are running out of money to fund their plans and Agents are desparately trying to convine us that things are not as bad as people say. That's why the comments from Agents never say.." yes you are right mate, prices are dropping, construction is not moving as fast as we said and the money we said you would make is now far less". The Offplan concept doesn't work in a declining market as it is cheaper to buy next year than to specualte on future profits..those not yet in should stay out, those in should decide if it is better to take a hit on their deposit than to throw bad money afer worse. These are the key points to consider. But, you are right I have been watching natal for 18 months now and it is not moving forward and properties are in a slowdown..no doubt about it.

Dotty,

The reason I mentioned listing is that I agreed with you that there are problem areas and/or developments, which is why we don't list them.

Even though you keep saying overseas agents are bad and Brazilian agents are the best we get offered junk by Brazilian agents and Brazilian developers all the time. This is why we visit Brazil as often as possible to see what is good and what isn't and we get our tried and trusted Brazilian lawyers to check out the developers/project licensing, etc..

If you think the whole coast is full of empty condos then you really are Dotty, we have sold out plenty of developments, and we have clients visiting them and some are even living in them and they all love them.

Also it sounds like you didn't drive North of Natal at all Dotty, if you did why won't you say where you went?

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Rob ,please check other thread.the places are listed.
thanks

Why do you not offer clients properties that are ready instead of off plan projects?Surely it is a safer bet??If Brasilians give you a bad deal(I am surprised )as they are always more than willing to demonstrate all kinds of properties if you know what you are looking for and where. But having said that I am still waiting for a price list of a predio and it has been 2 wks!

We do offer both, it depends on the client's needs.

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Ah,I see thats good.