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.
As I write, I'm traveling to Tulum to inspect the site for the newest, second phase of the lofts at Tao. Like some of your fellow RETA members, I have reserved units in the first phase. Last month I told you about our member-only opportunity to buy a Tao Loft near Tulum's mesmerizing white-sand beaches.
Colombia has been on my radar for some time. For big oil and banking, the action is in Bogotá. But it’s getting expensive there and the city is already bursting. I prefer to focus my efforts in this part of world in Medellín, and in the El Poblado area in particular.
Since the Spanish authorities set up SAREB (a so-called "bad bank" with the aim of stabilizing the banking and real estate sectors) we have had some interesting opportunities—thanks, in part, to how inefficiently SAREB is being run. My latest "best buy" recommendation on the Spanish coast takes advantage of this inefficiency.
Last Thursday I told you about the opportunity to buy a two-bedroom condo six minutes from the luxurious Puerto Banus on Spain's Costa del Sol...from 129,000 euro. My boots-on-the-ground research when I visited Spain a few days earlier turned up this opportunity. I passed on my research to you as soon as possible, predicting these condos (45 units) would sell quickly.
In January I told you about our member-only opportunity to buy a townhouse in the A-nah Tulum community for $215,000. That's a luxurious 1,697-square-foot (including external spaces) townhouse for $215,000. At this price, it's up to 30% less than comparable pricing of completed units in the area.
I've just learned of a killer opportunity on the Costa del Sol—and I don't expect it to last long. The luxurious Puerto Banus sits on the eastern fringes of Marbella. This is where you find the jet set. A mooring for your super yacht will set you back seven figures. Homes sell for well into eight figures. I saw one rental that asks for $60,000 per week. Gucci, Chanel, and Rolex have all set up shop here.
Your March issue of Real Estate Trend Alert—a special report on the best opportunities in Europe right now—is ready to download. I'll tell you more in a moment...but first, an important update. There was a significant price hike yesterday in the luxury condos in the Spanish community of Alcaidesa, on the Costa del Sol.
Is Malta the Safest Bet in Real Estate You Can Make Today? Could Be…Case Study: The Last Great Crisis Investment in Ireland…The Window is Closing on Our “Spanish Triple”…Burma—New Condominium Law that Allows Foreign Ownership…Will U.S. Flights Ever Land at Planned New Airports in Costa Rica and Nicaragua?...The Latin Currencies That Mean a Buying Opportunity for You…And More.
You're invited to a member-only scouting trip of Costa Rica's Southern Zone. If the March dates I reminded you about yesterday don't suit, there's a second set of dates now also available in April.
Last month I told you about our member-only pre-release opportunity in the exclusive "Eternal Life" phase of Pacific Lots in Costa Rica's Southern Zone...and I invited you to a member-only scouting trip this March 9-12. A small number of places are still available. I strongly urge you to join this trip.