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buy land in brazil to make money?

Last post 12 Aug 2008, 11:53 PM by leejp. 2 replies.
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  •  20 Jul 2008, 2:01 AM 539894

    buy land in brazil to make money?

    I have been reading solidly this week and Brazil,China,India and Russia seem to be better economies to invest in than Uk/Us/Europe.Brazil seems to be doing very well in commodities and oil in particular. Apparently they have found huge oil fields way down in the sea, but its hard to get at it, but by 2011 they may start pumping it. It might be worth buying some shares in this company before they access the oil?

    Nicola Horlick the talented investor has been investing in land in Brazil because its highly fertile land and with food prices rising, its possible to get a good return. Land prices in the Uk has also been rising quite significantly, but it's now starting to flatten, so that's another opportunity I missed!


    The Lord of Darkness: The dreams of youth are the regrets of maturity
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  •  12 Aug 2008, 11:53 PM 557125 in reply to 539894

    Re: buy land in brazil to make money?

    Well let's see - firstly the Brazilian Real has risen against the pound since 2005, due to those strong commodity exports and other factors.

    So whatever you buy will cost you more in pounds right now, it would be better to buy in a down cycle of GBP-BRL...

    Secondly, not sure how much faith you have in the partisan Brazilian courts ruling in your favour (the tourist) when one day someone decides to dispute your deeds and legal ownership of that land.  How corrupt is the Brazilian property and land sector?  Very might be a fair description.  And what about the justice?

    I don't want to trial either, so I'll just go on reading about Brazil's emergence from the safety of the UK...  Big Smile

    Don't they have a saying there: "Brazil will always be the next big thing..".

  •  12 Aug 2008, 11:53 PM 557126 in reply to 539894

    Re: buy land in brazil to make money?

    Well let's see - firstly the Brazilian Real has risen against the pound since 2005, due to those strong commodity exports and other factors.

    So whatever you buy will cost you more in pounds right now, it would be better to buy in a down cycle of GBP-BRL...

    Secondly, not sure how much faith you have in the partisan Brazilian courts ruling in your favour (the tourist) when one day someone decides to dispute your deeds and legal ownership of that land.  How corrupt is the Brazilian property and land sector?  Very might be a fair description.  And what about the justice?

    I don't want to trial either, so I'll just go on reading about Brazil's emergence from the safety of the UK...  Big Smile

    Don't they have a saying there: "Brazil will always be the next big thing..".

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