I declared Mission Italy just before bringing you your killer Siempre Playa deal in Playa del Carmen.
While you and I were focused on the incredible opportunity to own luxury two-bed condos with a $66,564 discount close to Mexico’s Caribbean, two of my seasoned scouts were pounding pavements, hopping trains, trams, taxis and renting cars…(and eating lots of pasta washed down with wine.)
They have been in-country a few days now and my team’s WhatsApp scouting group is exploding with their reports from Rome and Tuscany, and this is only the beginning…
They will be covering more ground…a lot more…
Below I share some examples of the raw intelligence they are sending me. I’m not typically happy to see 45 messages waiting for me in Whatsapp, but when it’s our scouting group and a mission is underway…that’s different!
Before I share what the guys are saying from Italy…
Congratulations if you got in on our Dream Home Letter Siempre Playa deal. You’ve locked in something very special. Other condos at the top of the market list for anything from $330,000 to nearly $400,000. The incredible amenities and ideal location of Siempre make it perfect for would-be renters and the income potential once the community gets humming is superb…
Now, as Ol’ Blood and Guts Patton said “let’s go!”
Mission Italy: Boots on the Ground
“Got one in Florence…
“Just a pleasant stroll into the historic center I found an apartment operating as an Airbnb listed for just €90,000. ($105,620). It’s about 1,400 square feet and at that price I have to figure it out…it’s an anomaly.”
So wrote my scout Eoin Bassett…
Eoin is a former International Living Editorial Director. He’s trained hundreds of IL contributors, scouts and editors, and personally scouted most of the world’s best retirement havens as ranked in annual IL‘s Global Retirement Index. Now he’s on the road for IL‘s Dream Home Letter…
He’s one of the duo on point for Mission Italy. A quick reminder: Italy is jam-packed with incredible bargains and now, post-pandemic, there are more of them than ever.
That’s why, this month, my team and I are making it our mission to bring you as many of them as we can…
My two guys landed in Rome and split up. Eoin’s in Tuscany. Here’s a video he sent from Florence to our scouting Whatsapp Group:
Here’s another nugget he’s sent through the Whatsapp group:
“Bullseye. I’m in the foothills of the Apuan Alps and I have found a seven-bedroom villa in perfect condition. It was originally listing for €800,000. Now it’s €495,000.
In USD that’s a drop from around $939,000 to $581,000.
The British sellers are motivated and the property has been on the market for a while. It’s operating as an upmarket B&B, every room is ensuite. It would make a lavish personal base, a great boutique hotel…or you could just keep going with the B&B. It’s huge. The location is perfect—just a five-minute walk to the little town strung out along the river. (The river is packed with fat trout.)
Down in Rome…
Paul O’Sullivan is on the heels of some of the strongest investment opportunities in Italy. Paul’s hitting the road long-term, scouting half-the length of Italy and beyond. He’s on a personal mission to find the perfect remote working base, but his top priority is to scope out killer real estate deals along the way.
Here’s a taste of what he’s come across:
“Just a 10-minute walk from the historic center, and close to Rome’s main station I’ve found a two-bedroom apartment in a late 19th-century building for €200,000 ($234,490). This is the kind of place that could easily fetch you €150 ($175) a night at high occupancy. Really high yield potential.”
“Then, right in the heart of Rome’s nightlife district, I found a true anomaly. It’s a large, three-bed apartment sitting on a quiet piazza steps from the city’s best nightlife for €290,000…and the price has dropped from €350,000.
Once my guys wrap up their Italy trip I’ll take stock with them and curate a comprehensive report for your monthly Dream Home Digest. Expect that towards the end of next week. It will have all their best findings, the bargains, the profit opportunities, the travel tips, all along with my full assessment…