Ronan McMahon is the editor of Real Estate Trend Alert, Your Overseas Dream Home, and a contributing editor to IL. Ronan’s Your Overseas Dream Home e-letter is delivered to readers’ inboxes daily. No matter what level of real estate investor you are, there’s plenty of great info for you. In it, you’ll read about every promising international real estate investing idea Ronan and his team comes across.
He also brings you up to speed on his favorite markets for making “double your money” gains through either capital gains, rental income, or both. Ronan also shares his key strategies for identifying profit opportunities in some of the most beautiful locations worldwide—by Caribbean, Pacific, and Atlantic beaches, in glamorous European cities, in quaint little mountain towns, or anywhere else that might take your fancy.
Last month I put boots on the ground in the historic Sicilian hill town of Gangi. I was following an idea I don't get to cover very often on my beat—buying something of intrinsic value that's selling very cheap because it's not in fashion.
"The developer here is in jail…” is something I heard a lot. It was alarming…but in a way, it was reassuring, too. Puerto Vallarta—one of Mexico’s most popular expat destinations— is home to an estimated 10,000 North Americans living here full-time. They chose Puerto Vallarta for good reasons. Puerto Vallarta sits at the foot of the grand Sierra Madre mountains that sweep down to the Bay of Banderas. It’s a warm and sunny spot with tropical beaches, fresh ocean breezes, and temperatures that average 73° F to 83° F all year.
As I’ve told you in past alerts, prices in strong areas of Ireland’s big cities are back in bubble mode. I’m working on a big new idea for us to profit from Ireland’s crisis right now. Dublin is flooded with fund money, chasing strong big-ticket opportunities that come up.
I recently caught up with my contacts from Northeast Brazil, Daniel and Hanna Neves. We talked over how some of the opportunities members of our group have bought are working out—like getting a year’s worth of rent in just one month in the landscape and beach class condos we bought in 2009 and 2010 on top of strong appreciation. And, the rise in values in my recent recommendation of Fazenda Imperial.
Five days ago I told you about the opportunity we have in Fortim, Brazil to buy a lot with a down payment of $4,920 and monthly payments of $312. This is a really strong deal in an area with a stunning stretch of beach that, thanks to a newly upgraded highway, is now only 90 minutes from Fortaleza. There's a new airport 15 minutes away. Fortaleza's new upper middle class is exploding. This is where they will want to have their beach homes.
Yesterday I told you about the opportunity that we'd soon have in Brazil where millionaires are putting their vacation homes...and we can get in for a few hundred dollars a month. I've just got word that reservations are now open for us at the Fortim community in Northeast Brazil.
As you know, the Tulúm area on Mexico’s Riviera Maya is my buy of the decade. Now we have the chance to buy into what will be the closest development to the beach in Tulúm. This new opportunity in Tulúm has been two years in the making.
Last week I sent you a special edition of Real Estate Trend Alert, which included my report on where in the south of Spain two profitable trends are converging right now. You can download it in PDF format here. I want to make sure this report—on pages 5-6 of the PDF—have your attention.
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If you have preconceptions about the Dominican Republic, put them aside. Most North American tourists head to the beautiful beaches and all-inclusive resorts of Punta Cana. But the opportunity for profitable real estate investing is elsewhere— somewhere a beach-town pad could be a great earner when you’re not using it.