Since when is Morro do Alemao affecting the north east or any other part of Brazil besides Rio? Sort of like saying South Central L.A. will cause problems for you in Seattle.No matter what SurfingBrazil does have a LOT of valid points,i also have good friends in Brazil who can confirm a few points brought up such as
*Guaranteed rental income in many sales dont become a reality .
*Violence is still very high in the agenda(do a search for examplo for MORRO DO ALEMAO )-and the government is not paying any attention to this no matter where.
*Corruption is on a high level -government officials (14 in total ) from 3 major parties in Brazil (PP,PSDB & PMDB ) were arrested on the 08 11 07 ,again do a search on OPERACAO RODIN and all the details are there.
Again no matter what all should exercise double caution like normal when purchasing a property overseas,if you use common sense that should be fine.
PS :I am just giving my insight on the valid points brough up on this thread,nothing else,in the end of the day i am also interested in purchasing property in this country like your good selves
Corrupt politicians are everywhere, it is just that they are a lot more subtle in the developed nations. Have a look at the scandal about the former Homeland Defense Agency head in the US.
Other than that you are right, exercise the same common sense you use when buying a property in your own country and you will lower the risks dramatically....