Re: Re: Property trivia



def Brianc; the Brazilians hardly ever own a second property – for reasons above (squatting immediately gives you rights!) and also they don’t believe in the long term future of the country. The rich send ALL their money abroad – Uruguay, Miami, NY, London, Panama, belize etc ……it is also very very corrupt and unless you are in the loop you will always get screwed. 95% of the second homes (badly built units) on the coasts have been sold to foreigners who mostly got conned; no papers, licenses etc…. the locals never touch these dream areas in natal, bahia, etc…. also, the REAL has declined by 22% so the price increases would be negated if you could sell and send the money home!!! 😳 😳 😳 😳 😳