R
robh
Administrator
Staff member
Premium Member
Hi Frank,Hi Ruban, I would avoid off plan developments due economic factors and long term schedule and the developers may go into administration or bankruptcy. For example, Natal Golf Club and others develpments in Notheast Brazil.
I understand the best thing to do is to choose the property area and check with local brokers about the rentals. The resale market will depend on your ROI plan and future scenario, for example, one year time, three years time, etc.
Generally speaking you may receive an average rental of up to 1% per month of the value of your property considering the low season and high season.
Is that 12% gross or net? What is the seasonal difference in occupancy rates and the yearly occupancy rate?
Regards,
Rob.