"Mary Kay,
I find the house building in Manapalan quite unusual. Could you advise if this appeards to be one "group" ie Brazilians or if 8 families just happened to want large homes on the Atantic at roughly the same time?"
Mac - What we found checking the MLS service was independent owners for each of the oceanfront estates. I didn't see anything at first blush that looked like foreign ownership. It's often difficult to tell who is buying estate property like these homes since most are purchased under a business, trust or investment group name rather than the individual or family name.
I haven't looked closely at these homes, but once the sales hit the Property Appraiser's database I can look again for any trends.
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Comments
Mac - What we found checking the MLS service was independent owners for each of the oceanfront estates. I didn't see anything at first blush that looked like foreign ownership. It's often difficult to tell who is buying estate property like these homes since most are purchased under a business, trust or investment group name rather than the individual or family name.
I haven't looked closely at these homes, but once the sales hit the Property Appraiser's database I can look again for any trends.
Hope this helps,
Mary Kate
Welcome to The Coastal Star online! Be sure to join one of our local groups for up-to-the-minute news updates and conversations with your neighbors along the shore. Thank you for visiting!