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Firstly, I did do my what you call "Due Diligance" checks on this developer and secondly nobody warned me that there may be a problem as I never spoke to anyone on here or any Agent about this purchase..I only ever raised it after I have purchased...so it is not correct for "those reading this...

I don't know to be honest, still researching..I doubt it as my place is in the middle of an existing residential area, but you never know..all info is good would appreciate the link to research it. Yes I know there have been water delivery delays. But everything is always so ambiguous in Brasil...

Lehman Brothers also experienced delays in completing deals too! I actually think these developers are good guys and have experienced nothing more than millions of others round the world, a sudden downturn in the market which nobody could have believed, even though I predicted myself, I didn't...

Well there are two issues here Rob. 1) If you knew about my alleged "predicament" some time ago why didn't you alert me? and 2) Why was it they were fitting the kithcens only 2 weeks ago if they were in trouble after you had heard? I had a person inside who was watching..so what did you know...

Well having been the prophet of doom for 2 years, my own destiny came to fruition so it seems! Some will delight in the news. I also made what one would think as a safe investment in Natal and now it has stopped and communication with the developers has dried up. I can only assume but the gut...

The Pound, which has been dropping against virtually everything but is now marginally increasing against the Euro is at $R3.85 today....why?

Airports generally charge handling by passenger counts, so someone somewhere has to submit loadins to the airport authorities..it is from here passenger figures will be calculated. Nothing to do with Immigration...you are right Dave.

How many were international arrivals and what percentage of the total was it Mr Broad? You are not comparing like with like....NE Brazil encompasses Salvador to Manaus.....say 6 airports..........3000km....and a distance the equivalent of Malaga to London, if not more....so take the 5 major...

None of these discussions tell me there is a property or tourist boom in Natal.

I would suggest the opposite, take your time and do not rush into anything..prices are going nowhere so you won't lose out by being patient and really researching what you want to do.

Oh well Mr Broad, you'll just have to make do with that excellent service provided by The Navy Bar or Havana Bar in Puerto Banus in Marbella. But of course, would you ever admit to "optional extras" beng on the menu in such a sophisticated part of residential Europe, when every Mayor in the last...

The important thing here is that DD is not doing its job properly..as I am sure everyone said that the two developments in trouble are "cast iron" but they weren't, so how did DD help these people that have lost their deposits or just wasted a lot of time and money?

Even I would have a great deal of difficulty doubting that article!

Anyone know how you go about long term Medical Cover in brazil for stays beyond 4 weeks or so? Any advice welcome...cheers

In which case, where did the "Due Diligence" help all those that invested in the failing developments that are now out of money or in Administration? "DD" might tell you that everything is in place and that a Bank Guarantee is watertight, but it won't tell you about a downturn in flights...

This "Due Diligence" cliche is another nonsense. A Solicitor cannot check if a Firm and/or their Associates or Agents are, might be or could be in Financial trouble sometime in the future. It could well be that a Solicitor dots every i and crosses every t, but he cannot and will not give you a...

No the BBC didn't, you notice that I didn't write the article! Negative articles are old, positive new!

EU suspends Brazil beef imports BBC NEWS | World | Americas | EU suspends Brazil beef imports Brazil, which defaulted on its debt in the 1980s and declared a moratorium on debt payments, is riding a boom in demand for key exports such as beef, iron ore and soy. There are two sides to...

You are only losing money if you sell something and if you don't sell it you haven't lost money! You don't go to a restaurant for steak and chips, pay £15 then when you see it allegedly on offer at £12 next week say "I lost money on that steak and chips"! In other words you pay to enjoy...

I am glad Ralph hasn't worked it out Rob as with your judgement call as to how simple and easy Brazil is to remit funds, at least he is on a firm footing by realising the difficulties. This is a classic case of dillusion by an Agent, you don't need major commercial or economic skill to...