R
RalphJ
New Member
Hey Ralph J,
Sounds like you know whats happening in Sergipe and Salvador areas. Before I moved to Sao Paulo 4 years ago, I lived in Salvador for about a year. I feel much more confortable buying there and most likely will in the next year or so. Again, with the intension of doubling my money, but just a nice as a place to live.
I would like to know your opion on the following. I have been looking at the "SalvadorHomes dot com dot br website weekly for the past 18 months, with particular focus on Laura de Freitas. Especially within Rs. 200 - 350, 000 range, newly built, and in closed condominiums, I have noticed many of the homes( 50 - 100) I saw in the site 18 months ago, have still not been sold.
I have read that there is alot of development there too, but even so, and can only conclude there just arent enough buyers if these new houses have not been sold after 18 months.
To be honest, I think its would be very easy to negotiate a great discount from there current listed prices as there are few buyers. What do you think.... is this the same in Sergipe ?
Lauro de Freitas is a very nice area. I know several people that live there. Without question, as is the case in most all of Brazil, if you have cash in hand you can definitely negotiate and in most cases get at least 10% off the asking price.