GW,Graymax, you have assumed a lot about me and my comments, most all wrong! Firstly, I have bought in Brazil, upfront and not on a loan or staged payments, so that rules out your jealousy theory. Secondly, I didn't buy for profit or gain....nor did I buy to let. Thirdly, I bought because I too like Brazil although I am realistic enough to realise that it is nowhere near the utopia some paint it to be. Why are low prices good, because it means that more people can take advantage rather than the artificially inflated prices that the "off plan" market attempts to create. This does nobody any good in my view as people get sucked into it and some can get into difficulty with this speculation. If you are a UK resident you'llknow what is happening to "buy to let" which is really "off plan overseas" on home territory. You'll also know about the Costas. But, go to 100 Brazilian property websites and you will be told, "cheap easy access/flights", stable currency, booming economy, new infrastructure, rising prices, investment gains etc etc. How many say flights are 30% more expensive than elsewhere..only one real airline operating, a 20% increase against Sterling, difficulty in getting a bank account and re-patriating profits/rents? So before you get irked because some of us face reality, then by getting "learned" it might help some people to make a valued judgement and not get into a mess they didn't bargain for. It is known as balanced opinions. Mine and Dotty's are at one end and yours at the other..that's what forums are for, notfor hounding some out because others don't want to hear the bad news!
SInce when is it difficult to repatriate rents/profits?
Oh and just because I don't comment on the other stuff you are saying in this post doesn't mean I agree with what you are saying.