The house is sold well below half price, because we no longer trust either the owner of the project or premises under the new NoPo project.
The project and the general development in Brazil has since the beginning in 2006 been very turbulent and after a big burglary stands the house now without the furniture package, appliances and air conditioning, etc.
However, we have installed new electricity and there is one functioning toilet on the first floor.
The house is otherwise the best maintained house in the whole project with freshly painted woodwork on the terrace and with monthly cleaning / inspection of a local friend from the city.
We have the title deed to the house, which are sold as an investment object where the investor takes all future risks and pay for the cost to a new title deed etc.
The price in 2006 incl. furniture package was € 112,000 + costs.
We are now selling the house to a venture investor for only € 40,000 in cash