As a member of our little group, you may be aware that I'm bullish on farmland opportunities in Uruguay. Over the past four years, I've told you about the transparency of the market here, and how there's a good logistics network to get product to market.
Two years ago, I told you about an opportunity in Medellin to buy a condo for as little as $100 per square foot that generated a rental yield of 8%. That's a strong yield on some of the most inexpensive real estate I have seen in any world-class city.
I normally write about Costa Rica's Gold Coast to highlight just how pricey this area has become thanks to the Path of Progress. But today I'm writing about a pocket of opportunity where you can buy a lot for $45,000 in a small residential community that's a short walk from a quiet beach.
I've been a frequent visitor to Mexico's Riviera Maya during the past eight years. Yet, only one residential development has grabbed my attention in Playa del Carmen. It's high season right now in Playa.
Mark your calendar: January 28-31, 2014. That's when the next members-only Tao chill weekend takes place. And this one's a little different. Tao, as long-time members know, is set in the Gran Bahia resort. Usually RETA members stay in the resort's luxury hotel on a chill weekend. But for this trip, the resort can't accommodate even a small group of RETA members. It's booked solid until March.
February 15-18, my Southern Zone contact will host a maximum of 13 members of our little group as they explore this part of Costa Rica. On this trip, you'll get a special list of lower prices for RETA members only on up to 17 handpicked lots. Your discretion is expected when discussing Pacific Lots with any non-members.
There's something I never told you about my recent trip to Spain's southern coast. If you review my full report from that area you'll notice that the prediction I made about the La Duquesa condos—that they would sell fast—has come true. The units I recommended are now completely sold out.
"We will be raising prices Jan. 1st and I don't think we will have much under $150,000 in the future." That's the word from my developer friend at Rancho Santana. I believe him. Rancho Santana has the same parent company as International Living and Pathfinder. So I know they have deep enough pockets to weather pretty much anything, without dropping prices. They are seriously bullish on this stretch of coast.
Last month I told you about the opportunity we have to buy a pre-release lot in the Fazenda Imperial gated community. This community is designed for the new middle classes in the Fortaleza area of Northeast Brazil. As a reader of these alerts you will know that I'm bullish on the new middle class play in this part of the country.
Today I'm alerting you to a scouting trip in Costa Rica that takes place in just 13 days. The trip runs this December 5-8, 2013. It's exclusive to RETA members...and if you take part, you'll get a special price list—that hands you savings of up to $20,000.