I wouldnt have said that property here in Brazil is at all cheap if you are buying to use as a holiday home . The cost of flights is astronomical and the cost of living is increasing rapidly. Why should someone think of buying a slightly cheaper house here in Brazil where he will have no profit whatsoever in renting ; where the roads are full of holes ; where more people die per year in shootings than Iraq (FAR MORE) ; where there isnt a decent sewage system; and where if he happens to hurt himself he can either chose to pay a small fortune in medical bills or face probable death in one of the public hospitals that is if he manages to get in through the door.
I would have thought there were far better places for a european or an american to buy a holiday home!!!!!!

Welcome Mineiro,
You are right about not being cheap here in Brasil ,especially in the long term!
Even on the short term to maintain properties as holiday homes can be a real pain and real time-consuming experience and costl experience -no doubt about it especially if you have taken out a loan with the hope of rentals covering that.
Renting out is something else-depends where it is ,demand etc,now for the people that may have invested in R.N will know that they will be having a pretty tough time trying to rent out their holiday properties ,whether it be a Brasilian or not ,so what is the outcome??Vende signs...........

How much have you been making on your properties in PN in rentals? The figures I have seen say it is a very good income.

Slightly cheaper than what???? I am making money from renting but I bought in the right place and researched before I bought (which isn't very hard).

Buying properties with rental income in mind in NE Brazil is probably not a good strategy in the short term. One option is be to buy in a development with a good rental pool system in operation which should generate some degree of rental income.

However, The prospects for significant capital growth remain very promising in the medium to long term. The global credit crisis, currency fluctuations are impeding capital growth in the short term but history has shown that recessions are often a good time to pick up properties. The mortage market in Brazil is also still in its infancy and its development over the next few years could give a substantial boost to Brazilian property prices across the board. The staging of the World Cup in 2014 should also serve a a boon for the Brazilian property sector by raising the Country's profile internationally.

While many on this forum choose to see a half-empty glass, I prefer to see it as half-full.

There is no reccession in Brasil, the dollar and pound are weak, the era of cheap flights appears to be at an end. Your glasss is nearly empty mate.

Buy here if you have a personal passion for Brazil or a love for a particular city/town/village where you are thinking of buying.

IMO as a pure investment there must be smarter options to be had elsewhere. If not head to the hills and start growing carrots because civilazation is f***ed

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www.coqueiro-verde.com

A hugh majority of purchasers tend to invest in ways that suits their needs,e.g chalets for holiday homes,apts to use without aims to rent out or with the hopes of rental returns,complexes with secure or insecure returns,buy off plan and companies suceed or fail etc,etc, so in terms of what one does or doesn't receive in rent is entirely individual and their choice!

Now if people make good incomes from very early investments the chances are far greater of big profits as everybody would agree the world over , but I think that most would also agree that today is different from yesterday,where there are tons for sale.

Do you always state the obvious or are you just reading from a script?

There are tons for sale, but some 300 unit developments are selling out in weeks, so what does that say to you?

Considering I am offered properties ALL the time I am well aware of what is going up,how much they cost and what the availability is,and there's still tons for sale . Are you in sales by the way??

If I was in sales I wouldn't be saying things like Ponta Negra is a dump, or saying that Jeri is over-hyped.

I buy and sell properties all the time but solely as an investor so I know what I am talking about, reading brochures doesn't really count as experience in my book.