B
beenthere
Guest
I am impressed you didn't mention rental income for Buzios but 300 to 350k R$ (£94k!) for a 3 bed house in a ghost town is a locals price?These properties in Buzios will be targetting the home market. They will not be aimed at the European absent landlords. They will be priced accordingly. Once the architect and the engineer have sorted out design , numbers, and construction costs they then can be priced. Have you any idea how much some of the closed condominium estates fetch for a house of say 200m²-250m²? These houses in Buzios will probably be around 150m², 3 bed units, and when the sums are done will probably be priced around 300-350,000 R$. Depending on the amenities provided, they could be lower. Incidentally do you have any numbers for rentals on the Litoral Norte or Litoral Sul? I only have figures for aparthotels that are operating in Natal.
I have seen villas for sale in Pipa and Tibau do Sul for less than that on this forum in the for sale section which incidentally are the only places besides Natal itself that have decent rentals right now.