We have our problems just like any other country in the world but, Brazil is much more than São Paulo…
Richard Conti – Part I
… There is much welcomed hope though for those believers in real estate as an investment. The hope lies in Brazil where the bubble has not even gotten close to popping. As a matter of fact it is filling up at quite a rapid and healthy pace now. Brazil offers many, many properties that are sound investments for retirement homes of the future which can offer you rental income until that time arrives and a great vacation place meanwhile with low taxes and upkeep. A place where you can still enjoy the luxury of domestic help as well at extremely reasonable prices.
Brazil’s North East Coast, in the João Pessoa area especially, has an abundance of properties yet to be discovered and developed at prices that are fractional compared to prices here. However, these same properties offer as much or more to investors. Brazil is a safe place for real estate investors to do what they once enjoyed here. Foreigners have the same rights as Brazilians and there are even American title companies now offering international title insurance on properties there to ease those fears of buying in a foreign land.
Many other areas once thought of as good places to invest in income producing and or retirement properties have now become saturated to the point where the prices are no longer as reasonable as they once were, making them less and less attractive to investors as they were in the recent past. Others have been taken off the list of possible places to invest and retire in due to terrorism problems, especially for Americans.
Not unlike Brazil at one time financing and mortgages in Mexico and other locations were not available to foreign buyers. Since the availability of mortgages to foreigners to use and buy land and or homes became more and more available prices have doubled and tripled for properties there. Brazil once like Mexico and these other places still remains a fantastic bargain in a safe and friendly country. Now is the time to get in as I believe in a few short years they will be following these other places in regards to availability of mortgages. Once this happens and the banks and finance companies here realize the potential for gains in the real estate market mortgage area there, no doubt the prices will begin to increase dramatically as they have in other areas, and good properties will be just as difficult to find at reasonable and bargain prices…
DO on May 19th, 2006 at 6:48 am
SEm duvida o Brasil é muito mais que SP. Mais lindo inclusive. Mas ,infelizmente,as noticias ruins é que sempre vão chamar a atenção.
Beijos,CRIS!
Paulino Michelazzo on May 21st, 2006 at 10:42 pm
Pior é comentar sobre a bela João Pessoa. Notícias assim permitem que a cidade seja vista como “terra de ninguém” e torne-se uma nova Natal onde a maioria das obras irregulares (em todos os sentidos) estão nas mãos de estrangeiros.
Triste fim… não para Policarco Quaresma, mas para nós mesmos brasileiros que continuamos a valorizar o que é deles e deixamos o nosso de lado. Triste fim.
Mabelle Sese - Real Estate Agent on July 2nd, 2006 at 12:15 pm
The US Real Estate Bubble
David Lereah and the rest of his buddies at the National Association of Realtors must think our minds have popped along with their precious real estate bubble when they said that the boom is over, but the market should not expect big drops in real estate prices.
The market has witnessed speculative frenzies come and go, and history tells that when a bubble pops, it results in dire economic circumstances. If this sounds unbelievable, you can ask anyone who was around in Japan when the housing bubble burst in the early 1990s.
In the 1990’s, prime Tokyo real estate was going for around $139,000 a square foot. What followed was a crash in their stock market and economic stagnation for over a decade when their bubble burst. Just because there is sunshine and there are beautiful beaches doesn’t mean it can’t happen in the United States.
By M. Sese
http://realestatepress.org
Tracy@Miami on August 14th, 2006 at 11:26 pm
Condos to Take the Hardest Hit on the ‘Bubble Burst’
Analysts reported that the housing sector’s luster is now fading. Douglas Duncan, an economist, recently announced that the housing sector’s weakest aspect is the condominium market.
Duncan projected that the housing sale total would drop by 7% to 8% from 2005. He said that the pricing for condominiums is very much different. They are volatile. That is because they only face moving costs.
Analysts also reported the stock market had some setbacks late last week. That is because copper had a rate of $4 a pound and gold went up to $730 an ounce.
Tracy
http://www.miamirealestateinc.com
Real Estate in Israel, another bubble ? on October 20th, 2007 at 8:01 am
The Tel Aviv market is also bursting it bubble, as the prices has rocketed sky high, mostly on account of the new French buyers that have starting buying property all across the Tel Aviv water front, not to mention that there is no available ground for new real estate projects, making Tel Aviv the new Tokyo, NYC is the area.
A Place In Brazil on February 28th, 2008 at 6:33 pm
If anyone is looking to invest in Brazilian property then please have a look through our website http://www.aplaceinbrazil.co.uk
DM Brasil Negócios on May 21st, 2009 at 11:56 am
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