I have found a couple of forums which include quite a few posts on buying property in NE Brazil:
Channel Four Forum
Totally Property Forum
One of the posts, made by a real estate agent, pointed out that Banana Club is relatively cheap because it is not beach-front. I think that, while beach-front properties are highly desirable to some people, the beach is not everyone's cup of tea. Perhaps people with children would prefer the relative safety of a lagoon. Or maybe those sampling water sports for the first time would prefer a calm lagoon rather than the rough sea to practice in? When purchasing any property there is always a trade-off. Beach-front and get a one bed apartment for your £50k or lagoonside and get a three bed villa for your £50k?
Will a beachfront property achieve better rental yields? Will beachfront result in higher capital appreciation? Only time will tell.
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