Hi, Has anyone ever heard of or dealt with Kapital international before? they are developing a new condominium 3km north of fleixeras, the location is in the middle of no where and the prices for plots seem steep to me, though I am new to brazilian market.
If anyone has dealt with them I would like to know your experiences and also would be interested to know other peoples thoughts on the development and its prospects. are they over priced?
Hi Ya, I have copied a previous post as a reply for you, Im not sure if the bit about capital is 100% accurate, but it should give you a basis to start your investigastions. I posted "Yes Im sure it is, incidently the site which you refer to as being sold by Kapital is the old site of coconut grove, ( I think ) Im not 100% sure so dont want to tell you lies, but the developer David Mahoney of coconut grove pulled out of buying that land because its a flood plane, and the licesnses are old and probably will not be allowed to have stuff built on it, thats if its the same piece of land, but what he showed me as the old site 500 metres away was definately under water and a flood plane, wether its rivalry speak or genuine, but he said he doubt that site would be allowed to proceed, because the area is all sand dunes, these move over time, when the licenses were granted that was not a flood plane but it is now, i have some pictures of cocnut grove land but they wont help you because its sand dunes , I paste below a reply I got only a few days ago
"Things are good mate..
I am in Spain at the moment, as it's my sons birthday in a few days so i will be there.
Breaking ground, we are still on track, they have had the wettest first 4 months since recording began J, pouring down for not just days, but weeks ... ""
he has told me, that he will be breaking ground around september this year and i must admit it has taken a while to get this far, but im feel safe enough to give the project ago.. There is a new eco resort a mile or so down the road right on the beach, which is big posh and expensive, so investment is definately going on there and five miles up the coast a large costa del sol style hotel being built right on the beach, far enough away from cocnut grove thank god, if you decide to pay the area a visit let me know and i will give you some tips, especially where to stay.. "