Hi has anyone any news on the sun towers development in brazil.....
I.E is it on schedule

Is this the Capuche development in Nova Parnamirim near the airport, that is typically brasilian product? If so, I believe they were working a week or two ago when I was driving past. When are they supposed to be ready? I can have a closer look next time passing and estimate for you.

__________________
Michael Bush
e-mail mbush5@aol.com
http://www.thecompletepropertysolution.com
skype name michaelbush

Capuche are a secure company and yes SunTowers is in Parnamirim and they are working hard as always to finish the properties.Have you been over to visit the location of Sun Towers presuming you are living abroad?

Hi thanks for speedy response, glad to hear things are progressing i am finding it difficult to get any information from the agent i purchased from.... No have`nt viewed in Brazil yet.... Have you any feelings on Sun towers, i negotiated a 6% discount on the sale but i am hearing quite a few of these larger developments are being overpriced????

regards rich

Did you buy it to live in or rent out or to sell on quickly because from a selling on quickly point of view there are many all over Natal so the price increase will not be much at the moment (what was the off plan price?)but from a rental point of view because of the location would realistically be for the local rental market and definately not the tourist market.Capuche serve the Brasilian market they are regular 2/3 apts .

This depends on whether the prices were inflated for european agents' commissions. If you got 6% discount you probably did not pay too much. This will not be a place for you to stay in yourself. It is a typical Brasilian market product, and your target for a buy to let will be brasilians. It is far away from the tourism areas and beaches. It should be easy to check current availability and prices using a google search for Capuche.

__________________
Michael Bush
e-mail mbush5@aol.com
http://www.thecompletepropertysolution.com
skype name michaelbush

Rich see previous posts in the thread.Michael and I are agreeing on this one.

Hi Michael yes i bought this property for the long term investment as it has a 5year 5% rental guarantee, i was looking for a property to rent for local/professionals so hopefully this will be a reasonable investment,,,, ill check out the google search for Capuche thankyou

regards rich

Rich ,see previous post .Michael and I totally agree the same thing.

will do thanks Dotty