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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (7803)7/26/2006 5:01:44 AM
From: TobagoJack  Read Replies (2) | Respond to of 217591
 
hello seeker, i agree with you, and so i am in energy and real estate. they are simply not nearly as much fun to talk about, to counter qcom maurice :0)



To: Seeker of Truth who wrote (7803)7/26/2006 7:10:59 AM
From: elmatador  Read Replies (2) | Respond to of 217591
 
I wish I knew more about real estate that I know now.

If you have a fine sense of smell for real estate one can do very well.

I looked around to buy a lot for a few months. Discovered that the popular gated-communities are a rip-off. And I don't like Ghettos. Looked again and found a lot in a street that was blocked by a owner and the Curitiba municipality.

In Google Map is in these coordinated 25 23 20.38S,49 20 13.68W
The street in front of the spot, running north-south is lighter color because it is unpaved.

Scrolling north, there is a big road, which is Curitiba's north bypass. Following it northeast at 25 22 10.81S,49 19 38.02W is my daughter's school..


Quiet place near school. Easy to go out to airport and major roads.

The area was not looking good. Most lots with weeds at chest height. Road stretch unpaved. No storm drainage constructed.

Asked the neighbors (Polish and Italian immigrants descendants who inherit the land farmed by their ancestors long ago): Why is that such a nice area in this condition? They told is: "No progress until this owner solves this problem with the municipality." But they also told me that they were about to solve the problem.

I looked to what it could be not what it WAS. I bought the lot 820m2 area [820 (square meters) = 8 826.40654 square feet.] Cleaned it up. As soon as I did that, the neighborhood sprang into action. They started cleaning their lots.

The construction company boarded out my lot and started deploying materials, hut for the crew and digging foundation. Immediately the wall that blocked the street was down. (I guess the neighbors had had enough and destroyed it at night.) Owner may have got the message and signed the deal with the municipality and the road was officially open.

Things started moving: One corner lot started construction of three houses. But that depended on the Curitiba city government. By then Northern by pass was open and the access to it constructed. Checked it one year after purchase: land prices were 20% up.

Now we wanted storm drainage and paving. Political representative of the area was contacted and the process started. He said the city improves streets in partnership with the owners. We pay part of the deal. In this case concrete piping and other materials for curbing, and storm drainage. Municipality contractors would come construct it and pave the road.

We've got together to cough up the money they brought the bill of materials and we paid up. Everybody coughed up the money. No big discussions or disputes!! They said in two months they'd start. They did. Two days ago they started the works.

I talk with the neighbors how about side walk. They already have a plan. Grass one meter away from curb. 80cm wide walking area paved, and trees that don't shed too much leaves. Perfect I said: I will follow the line and we will have the whole side of the road nicely made from end to end.

I am thinking here: those 'polacos' (polish) and those carcamanos (Italians) are cashing in on my guts to go out there and buy that place and start construction.

Average prices for One square meter here is about R$1.200 Brazilian Real (USD1=R$2.2 Brazilian real).

Prices in cities similar to Curitiba:

R$2.000 Brazilian Real per square meter in Florianopolis
R$2.500 Brazilian Real per square meter in Porto Alegre

Market is saying Curitiba will catch up those cities soon.