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| Investing in Brazil | |
Topic: Real Estate Agents in Rio |
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Bubbles
Senior Member
Joined: 17 September 2009 Location: United Kingdom Online Status: Offline Posts: 1443 |
![]() Posted: 22 February 2010 at 20:01 |
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Well I think all will agree here you won't find anything in the City of Rio near the beach for under US$50,000 or R$90.000....especially a house.
You also need to do some research in terms of ' I have no idea how long before I could find a job' - any job will be scarce.
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gareilly
Senior Member
Joined: 05 February 2008 Location: United States Online Status: Offline Posts: 117 |
![]() Posted: 22 February 2010 at 20:16 |
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yeah, I kinda figured that to BOTH of your statements. But given the fact I have no idea, I have to start somewhere.
Of course, what is 'near the beach'? For me that could be 5 to 6 miles (8 km to 10 km) away. For you it might be within a block or so. (just an example).
Having lived there before it was 6 months before I found a job and then it was only because my wife's cousin talked her boss into hiring me. And then it was only as a favor to her, not because they had a position for a job for me to do. So that is why I know I must have enough money to buy a house, and live for a while until I find something. Also, I know I must have enough that even if I get a part time scrubby job, I wont have many bills so I will be able to live.
Again, have to start someone until I have a better idea.
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gareilly
Senior Member
Joined: 05 February 2008 Location: United States Online Status: Offline Posts: 117 |
![]() Posted: 22 February 2010 at 20:17 |
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opps..have to start SOMEWHERE...
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Bubbles
Senior Member
Joined: 17 September 2009 Location: United Kingdom Online Status: Offline Posts: 1443 |
![]() Posted: 22 February 2010 at 20:29 |
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To me, 'near the beach' means under a mile, or within an acceptible walk.
One option if you find a place is to sublet a room (or two)....being near a beach would of course make it more attractive to subletters...
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gareilly
Senior Member
Joined: 05 February 2008 Location: United States Online Status: Offline Posts: 117 |
![]() Posted: 22 February 2010 at 20:37 |
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true, but that means renting. If/when we move back to Brasil I wouldnt want to RENT.... I would want to buy. Renting would mean Iwould have to have an 'income' as long as I lived there. I don't know how long it would be before I had an income.
under a mile would be great! IF I could afford it... but Im guessing that might not be realistic for me....
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BorisG
Senior Member
Joined: 26 July 2006 Location: Brazil Online Status: Offline Posts: 1735 |
![]() Posted: 22 February 2010 at 20:44 |
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The government, of course. Even the most blood-thirsty armed robbers, drug trafficers, and organized crime goons are bubblling amatures comparing to the US Government when it comes to sucking the life out all kinds of creatures ranging from the inspiring expat to the world economy.
I can assure you that you canīt find anything decent in Rio for US$30K to $50K. It is safer to live in an apartment in Rio. A house can be a more comfortable option if you decide to live in some smaller town. You can probably make a few grand a month teaching English. Even though you seem to have some experience living in Brazil, it would probably be better to come to Rio and rent for a few months in different locations to get a feel about what is out there and zero down on some potential locations. Letīs see a not too trashy studio apartment in Copa can be had starting at US$70K, Ipanema US$120K, Flamengo US$65K, Tijuca US$45K.... Houses.... \\\hmmmmm I have no knowledge of anything in Rio (Zona Sul) half-way decent for less then US$250K. Renting definetly seems like a more reasonable option at least until after the bubble bursts. |
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Boris Goldshmit
CRECI 35267 RJ EMBRADA S.A. www.embrada.com |
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gareilly
Senior Member
Joined: 05 February 2008 Location: United States Online Status: Offline Posts: 117 |
![]() Posted: 22 February 2010 at 20:54 |
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true about the gov't.. but isnt that true everywhere????
only thing I would have against teaching english... is that from my experience yes you can earn that.... if you teach privately, HOWEVER, its a matter of getting your own students and then HOPING they show up AND pay... and its a constant battle of finding and refinding students...
you are telling me kinda what I thought but not what I was told
we havent ruled out living in Bahia either (where my wife is from) however, I would think jobs would be even HARDER to find there...?
I still want to look when Im there..just to see... but I do appreciate the info... this is the kind of info I need/want NOW...before I do something stupid and come there thining I stepped into paradise and end up living a nightmare
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Guests
Guest
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![]() Posted: 22 February 2010 at 21:01 |
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The Bubble seems like its getting bigger daily.. today I saw a 3 bed on Siqueira Campos over looking the park but on the first floor will out a vaga that had been sold for R$580's...
I'm looking for a 2 bed in Copacabana with a vaga for around R$450's but its proving a little hard at the moment to find on a nice street. I don't think this bubble is gonna burst till after the games. |
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BorisG
Senior Member
Joined: 26 July 2006 Location: Brazil Online Status: Offline Posts: 1735 |
![]() Posted: 22 February 2010 at 21:41 |
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Yes, it is indeed true about governments everywhere, but in case of the US government it is gone far and beyond mere corruption and incompetence to the level of outright evil.
Unfortunatly, working or doing business in Brazil is not nearly as rewarding or easy as it used to be in the States. It is at best a daily struggle in any field for a gringo. I do not know much about the job market in Bahia, but it is getting better across the board. With the boom in international tourism and the upswing in economy, my guess would be that you can lend a position and make a few bucks even there. ... and hey, looking is not against the law, neither is getting information. I would gladly pitch in with a few random thoughts and facts. |
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Boris Goldshmit
CRECI 35267 RJ EMBRADA S.A. www.embrada.com |
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BorisG
Senior Member
Joined: 26 July 2006 Location: Brazil Online Status: Offline Posts: 1735 |
![]() Posted: 22 February 2010 at 21:44 |
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Yes, the prices are scary and yes, I agree with you that the bubble has a long time to go before it pops. I am not sure that it would last as long as until the 2016, but it is definetly on for the next 2-3 years. My guess is that the prices are going to go up at least 20% before the end of the year in Rio.
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Boris Goldshmit
CRECI 35267 RJ EMBRADA S.A. www.embrada.com |
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