I'm writing to you from the town of Carvoeiro. It's one of Portugal's pretty resort towns, a place with a long history and a booming tourist trade.

I love a good fire-sale hunt. My bag is packed. My scouting itinerary set. In three days I'll be coasting the roads of Portugal's Algarve exploring our opportunities. This is prime bank fire-sale territory. Yet less than 1% of Portugal bank fire-sales cut muster for us.

Yesterday, on page five of your August issue, I told you how you could buy a condo in a 16th-century former convent in Portugal with someone else's money.

I recorded your latest Notes from the Field from the cliff-top town of Carvoeiro. There’s a welcome sea breeze here. On Portugal’s Algarve it’s 46 C (114.8 F). This part of Europe is experiencing a heatwave. But it’s the wave of bank fire-sales and special situation opportunities I discuss in this podcast that brought me here.

It's been the best summer in the UK & Ireland for as long as I can remember. We've had virtually non-stop sunshine for almost two months.

Welcome to your July 2018 Month in Review, the place to catch up on any RETA alerts, updates, or reports you might have missed in the past four weeks.

Driving along the Corredor Sur, out of downtown Panama City, you can see the Manhattan-like forest of skyscrapers to your left, and the beautiful Panama Bay on your right...

On June 2 our deal at The Fairways, Mavila, opened. I predict $190,200 in capital appreciation over the next five years.