The Big Question

My next dilema is where to invest. The Natal and Fortaleza areas appeal to me most simply because I will get more for my money as they are not as developed as Salvador and the Coconut Route. I also think that tourist rentals (when they materialise) will come from Brazilians travelling within their own country rather than foriegn tourists so I am not too bothered about how many international flights the local airports handle. The next question is whether to invest in land or property. If it's property then should I invest in a house on its own or on a development? If on a development should the development have been completed or should I buy off-plan?

I rule out a property on its own as locals pointed out to me that empty properties attract squatters and vandals. So I am left to consider whether I go for land or a property on a development. A re-sale on a development would be safer than off-plan, however, off-plan seem to be cheaper.

I spend a great deal of time at my laptop looking at e-brochures for villas and apartments in the Natal and Fortaleza areas. Each development has its pro's and con's. After a great deal of deliberation I settle on the Banana Residencial Club * near the town of Cumbuco which is about fifteen miles from Fortaleza airport.

* I have linked to a Brazilian site because the agent that I am using does not allow deep linking as they require users to register before viewing properties.