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.
Along Costa Rica’s Southern Zone, the bright, thick, green jungle canopy rolls down to a coast of sandy beaches and rocky points. It’s truly stunning. One project along this coast stands out as the gold standard. It’s here that members of our group can buy with a down payment of $20,000 and interest-free monthly payments of $556. And where a small group (strictly limited to 13) of Real Estate Trend Alert members will gather this July 19-22.
In January I told you about my visit to the Gran Bahia Principe resort in La Romana, Dominican Republic. Plans call for a major new Caribbean beach resort town spread out over 1,500 acres...with close to one-and-a-half miles of beach. Since then I have been running the rule over this opportunity and negotiating an “off market” deal for RETA members.
The spring sunlight glints off the snow-covered Sierra Nevada mountains. When I left Marbella on Spain’s Costa del Sol, 90 minutes from here on a modern highway, it was a balmy 75 degrees Fahrenheit. I haven’t seen a cloud since. At 2,200 feet above sea level, in Granada’s historic center, it’s 63 degrees, and sunglasses and short sleeves are the order of the day.
As a member of this group, you will know about the strong opportunities we have in northeast Brazil. You also know about the miles of sandy beaches east and west of Fortaleza, and the charming beach towns. Of these, Cumbuco is my favorite. And because of a situation thousands of miles from Brazil, you could buy a lot in Cumbuco, in a gated community just back from the beach, for 62,000 reais ($30,500).
Brazil is on the up. Fortaleza is doing particularly well. Government policy calls for the creation of a mega manufacturing and export hub just outside Fortaleza. We can profit.
In January I told you about the opportunity we have in Costa Rica’s (formerly) undiscovered lake country of Arenal. It's in a project called The Preserve. Guess what? The market in Arenal there has taken off. The early-in window of opportunity is closing. The best lots are being snapped up and prices are rising. For now we can buy a lake view lot “off market,” perched above the boat dock, with a down payment of $2,500 and monthly payment of $187.50.
The air is thick and pungent and the ceiling black. This was the smokerie, where brown trout pulled from the lake were smoked. Nearby is an unfamiliar contraption used for plucking pheasants after a shoot. The stable next to that one is packed with 19th-century sash windows.
Last Friday I told you about the results of Ireland's most recent fire sale auction. The catalog for the next auction (May 3) has been released. This time there are fewer apartments in the bigger urban centers. The focus is on commercial units. Some have tenants with leases of varying terms. Others are vacant. Homes and building plots scattered around the country also go under the hammer. Some are far from the big urban centers and will likely sell for a song.
In this dispatch, I'll report on the results of Ireland's latest fire sale. I'll also look at some non-auction listings located along the scenic Ring of Kerry for less than $100,000.
In northeast Brazil, miles of wide and deep white-sand beaches connect little fishing villages and kite surfing outposts. A typical year has 300 days of sunshine. A typical day is in the low 80s with sunshine and refreshing breezes from the ocean. This is where Brazilians and Europeans come to vacation. This is a stretch of coast you should visit first-hand to see the opportunity I have been telling you about. Today, I’m extending a special invitation