By Ronan McMahon
Luxurious Cabo is in the throes of a major growth trajectory. I’ve been calling a big new era for Cabo for the past 20 months. Now it’s happening. Cranes dot construction sites right along the coastal corridor and new roads have opened up. It’s getting ready to open up to a new upper-middle class market of locals, vacationers, and second-home owners.
Just 40 minutes from Spain’s Malaga international airport, you’ll find the strongest short-term rental market of anywhere on our Europe beat: Puerto Banus.
In the coming months, I’m planning to head back to Portugal’s Algarve again. We have a strong opportunity to buy there right now. If you’re interested in exploring this opportunity, you need to get here. This October 13–16, you can see the opportunity for yourself on a Real Estate Trend Alert members-only scouting trip.
We have a window of opportunity to buy well in Portugal’s Algarve right now. An opportunity to buy best-in-class real estate low—and enjoy rental income while values bounce back.
Have you reserved your place at our Gathering this October 6–9? If you haven’t, time is running out: only six more Real Estate Trend Alert members can secure a place. If you want to attend, you need to let me know today.
To remind you, only 10 Real Estate Trend Alert members can take advantage of our opportunity to buy in one of Costa Rica’s premier communities with a 25% members-only discount. I negotiate special members-only terms and pricing on your behalf on deals. But a 25% discount is a rare event. One I recommend you take advantage of.
Our opportunity at Sunset is now open. A new beachfront community in a prime Pacific locale in Panama is a big deal. The price we can buy at makes it an even bigger deal. In particular, the first five condos. The first five members to act get their pick of condos. And, they get to bank a saving of $5,000. That brings the entry price down to $152,600.
It was 2005. I’d just done a scouting trip along Panama’s Pacific coast. It had been a very long day and I hadn’t found anything worthwhile. Until my local friend showed me his favorite weekend retreat: Punta Chame. I’ve kept my eye on this location. And after waiting a decade, I finally got word of a project that looked promising.
Our newest Panama opportunity, Sunset, opens this Saturday. This is a strong deal in an up-and-coming location. Members of our little group will be able to lock down a two-bedroom condo from $157,600.
Around this time every year, I review all my research notes and create a hit list of what and where my next big plays will come from. I spent last weekend taking a detailed review of my research to focus my attention on what I think my next big idea and play will be.