| The remaining
beachfront lots are said to be going for $200,000. Then again, that’s what
I was told.
One thing I
noticed in Brazil, was the flexibility of prices depending on who the buyer
is. Real estate listings are non-existent. Properties are priced based
on what the owner, who sizes the potential buyer up, guesses he or she
can get from buyer. So dress down, don't admit you're American and keep
your budget to yourself.
Itaparica
For an island
property a bit closer to Salvador and less expensive than Morro Sao Paulo,
I spoke with a Salvadoran realtor about a house in the closest and largest
island to Salvador - Itaparica. For $35,000 he said he had a house
for sale with three bedrooms, located on the beach with an outstanding
view of Salvador's skyline. It was my last morning in Brazil, but I climbed
aboard the next ferry to see it anyway.
We're on the
ferry for the 45-minute ride to the island. "Want a beer?" Marcel asks.
Like the other male passengers, he soon has a cool one in his hand, 11:30
am or no. (Brazilians drink beer like hikers drink bottled water.)
Marcel tells me all the reasons why I will love this house. How much he
loves it as a matter of fact. As we near the island, he points it out -
a colonial style dollhouse wedged between two low rise buildings.
Marcel yells.
An older man with a bad case of tremors comes out, drags a snarling rottweiler
to a locked shed, and then unlocks the gate letting us in. He's a fisherman
Marcel says. We weave an obstacle course through piles of trash and upended
furniture in the hard, bare yard. The layout of the rooms is uninspired
to say the least, but there is a rounded cement verandah columns and a
show-stopping view of Salvador.
The four year
old house is empty save a shallow layer of water over the first floor which
is fed by a garden hose. Pieces of dog shit (I am hoping) float
on top of the water and out the door. Apparently the owner didn't
get a lot of notice before we arrived.
Brazilian architecture
is like frontier construction - a barrier to the elements and the occasional
irritable Indian. I've seen exceptions of course - Kathchi and JaJa's fairy-like
castle for instance, and my favorite, the India-influenced Aquabarra guesthouse
in Buzios.
The island
of Itapacare feels sad to me, its streets the desolate mostly empty streets
of a tourist town in off season. There is a Club Med on the opposite side
of the island Marcel tells me. But that doesn't comfort me.
So why can’t
I get my real estate jiggy on with this deal and see the investment potential?
Because like I said, icky is icky, whether it costs, $500,000 or $5. Truth
is I probably should buy it for the land, and the pousada next door also
for sale for $100,000.
My California
friends look at me like I’m nuts when I tell them about this house for
$35,000 with a beautiful view that I didn’t buy. "Are you crazy?"
they ask, as if $35,000 is just so much spare change. Which I guess it
is in the relative world of real estate - especially if you're not from
Brazil and your currency is the dollar, the pound, or the Euro.
As for me,
$35,000 for something I don't like, even if it is a house, is not a good
deal any more than spending $5 for a coat I hate is.
Warning: Brazilian
property owners and agents pray nightly that Americans and Europeans will
arrive, because they know that buyers from these countries are most likely
to jump on an “excellent deal!” in fear that someone else
will come along and snatch it up before they do. The real estate bubble
hasn’t drifted all that far south from North America yet. But I didn’t
and probably won’t. So it's still there as far as I know, in case you want
it.
The House
for Sale that Wasn't
Back from the
island, I begin to stuff my belongings into my suitcase, most of it into
a spare bag to give away. My plane for the first leg of my trip back to
the States (after 3 months in Brazil) leaves in 2 hours.
But Doug Simon
is waiting downstairs to show me another a house.
“Didn’t you
get my message?” I ask. “No," he says, looking at his cell phone as if
it has failed him . "I’ll take you to the airport,” he says. "I want to
show you and the wife this house. It’s on the way.” He adds, " You
can just pay me cab fare or something."
A realtor is
waiting when we arrive. Doug rolls down his car window and they begin to
talk, more and more heatedly and faster and faster in Portuguese. I am
in the backseat lightheaded with exhaustion and hunger as I've not yet
eaten today and all this keystone cop lookie-looing is wearing me down.
But I'm not so tired that I don't pick up on the fact that they are arguing
over a case of bait and switch.
The house the
realtor was going to show us? Not available. But hey, he has another one.
“Doug, let’s
stop for something to eat. I’m dying here.” He keeps driving.
We follow the
realtor in his car through an electric fence as it swings open into a gated
community. When the realtor turns right, Doug whips his car to the left.
"I'm going to show you the house I brought you to see," he says.
Note to reader:
Brazil is the Land of No Rules. Any method that works to sell property
(except maybe at gunpoint) is considered fair play.
Doug brakes
in front of a Moorish-style estate, a circular pool off to the side, its
setting: the bend of a river with a row of palm trees reflected in slow
moving water. About half a mile down the river or 5 minutes by kayak, I'm
told, is the beach. Doug's wife exclaims clasping her chest, "Oh
Honey, I love it!"
"So what do
you think? Doug asks me watching me closely. Now this is more like
it, I'm thinking. "I love it too!” I say. “How much?"
"Oh, this?
It's not for sale," he says. "Not yet anyway. But the owner has money problems
so it'll be on the market soon."
As we careen
towards the airport to get me to a plane that leaves in an hour, I can't
remember where I hid my passport and worse, I'm suddenly aware that I gave
away every pair of shoes I had, save the ones on my feet. Looks like I’ll
be flying to Sao Paulo and beyond in aqua blue rubber flip flops. Unless
they have a shoe store in the airport which is unlikely. At least, I console
myself, I won't have to take my shoes or socks off for airport security.
“Need a hand
with your bags?” Doug asks at the airport. “No thanks,” I say. “Thank
you both so very much for everything.”.
“What about
cab fare?” Doug says.
“Tchau, tchau,”
I say, turning on the heels of my flip flops to wheel me and my new Brasileira
self into the airport.
Afterword:
Two things
I learned about real estate in Brazil:
There are good
deals to be had, and there are foreigners to be had.
Which one you
end up with depends on you. Take off your watch and take your time.
To paraphrase
Hemingway: if some places seem good, it's because we're good when we're
in them. |