Heated Debate

A heated debate is taking place on the following forum:

http://www.totallyproperty.com/brazil-property/3121-banana-residential-club-6.html#post10823

People who have visited the Banana Club site have varying opinions as to how desirable it is. They basically range from 'highly desirable' to 'steer well clear'. It is good to hear different peoples views although you have to bear in mind that some posters have hidden agendas, e.g., some of them may be real estate agents with a vested interest in a particular development.

If anyone reading this has visited the Banana Club site please feel free to post your comments.

Thumbs Up For Brazil

Goldman Sachs high flyer Jim O'Neill once again gives the thumbs up to Brazil. Although he concedes that Brazil has not done as well as the other BRIC countries he claims that he is optimistic about Brazil's future and is considering buying a second home there.

He thinks that Standard & Poor will probably upgrade Brazil to full investment grade status in 2008.

Source: Mail on Sunday, 8th July 2007.

Interesting Website

I came across an interesting website called Escape Artist today. Although it is aimed at Americans wishing to emigrate it contains some interesting articles on Brazil such as:

Be wary about stated sizes of property.

Finding reputable real estate agents in Brazil.

An ex-pat documents life in Fortazleza.