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Old 04-06-2007, 10:44 PM   #1
marketsmart
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Who Is Diversifying Offshore?

anyone here buying property or interested in buying property in Central or South America?
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Old 04-06-2007, 10:45 PM   #2
Spunky
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Old 04-07-2007, 12:36 AM   #3
Webby
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Quote:
Originally Posted by marketsmart View Post
anyone here buying property or interested in buying property in Central or South America?
Done that a few years back ms...

Sure, still buying, but the prices are nowhere near what they were eg.. three years back. Ya got to hunt *very* hard to get good deals and got a guy doing that full time.

Depends on what you buy for and other considerations, but generally the prices are rising around.. according to govt stats, around 40-60%/year and it's still a good deal, but at a higher level if entering that market now.

One nice but crazy lady bought a patch at $5mill which is far more than the market value and when stories like that circulate - every landowner thinks they are sitting on millions :-)
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Last edited by Webby; 04-07-2007 at 12:37 AM..
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