RETA

Real Estate Trend Alert

By Ronan McMahon

Hola from Sunny Spain

Greetings from Ronda, Andalucía.
I’m standing almost 400 feet above the canyon floor on the new bridge that connects the old and new part of this ancient city. Of course new is a relative term. Work started on the bridge in 1751. The first attempt fell down. Then the next effort stalled as funds dried up. The bridge was finally completed in 1793.

Three Real Estate Opportunities in this Stunning Pacific Coast Resort

As a member of our little group you will be familiar with Nicaragua’s stunning south Pacific coast and the Rancho Santana community in particular. Today, I’d like to tell you about three opportunities within this community that have just crossed my desk. I wanted to make sure that you hear about these deals first. I’ve also ensured you get a window to make a quick cash offer before these deals hit the streets—you have ten days to make your move.

New Auction Date: Twelve Irish Cottages for $400,000 (That’s $33k Each!)

I recently told you about an opportunity to buy 12 cottages in rural Ireland for $400,000 ($33,000 each). These vacation homes were due to go under the hammer at a firesale auction in Dublin on July 4. However, dramatic protests stopped the Allsop Space property sale from going ahead. A handful of demonstrators, some of whom have lost their homes in the economic downturn—shouted “Ireland is not for sale”. Police were called to the protest and the auction was called off.

Explore Undervalued Real Estate on This Dreamy Island

I’ve arranged a special RETA members-only Chill Weekend to a dreamy island destination with stunning beaches just for you. It’s a place where you will enjoy delicious French and Italian food under palm trees in the tropical sun. You will also see undervalued real estate in a market with good rental potential. You can spend time with other members of our little group—swap stories and pick each other’s brains about property deals over cocktails.

Own a Luxury Caribbean Beach Home for $129,000

There’s a special island on my beat where you will find incredible value in Caribbean real estate. It’s a postcard-perfect destination with white-sand beaches, calm waters and tropical sun. The natural beauty of this island has made it a hotbed for the filming of Hollywood blockbusters. As a member of Real Estate Trend Alert, you could own a piece of this Caribbean lifestyle for $129,000.

Where to Buy in Costa Rica (Near the Pacific Coast)

I’m writing to tell you about a special opportunity in Costa Rica. My contact on the ground, Steve Linder, has arranged a private members-only trip to the Southern Zone for our little insider group. I’ve visited several times and I’m always struck by the area’s natural beauty. Stretching from the beach town of Dominical to the chic village of Ojochal, the Southern Zone is a rugged wonderland of pristine mountain tops blanketed in lush green rainforest that plummet dramatically toward the deep blue ocean.

Fire Sale on Irish Cottages: 12 for $400,000 (That’s $33k Each!)

As a member of our little group, you will know that Ireland’s economy and real estate market is in deep distress.
Property sales had all but stopped until firesale auctions came to the country in April 2011. After a series of these sales, market clearing prices were set. Sale prices were 50% to 90% less than peak prices. Today, we’re two years on… and you can now buy at prices comparable to these auctions through regular channels.

Boquete: The Best Value in Seven Years

I’ve just returned from my first scouting trip to Panama’s mountain country of Boquete in five years. Back in 2007 to 2008, the market became frothy and prices too high. I stopped visiting until now. This time, my trip threw up some interesting opportunities. The most significant development I noticed in Boquete is how real estate prices are at their lowest in almost a decade. I’m working on some special situation RETA members-only deals there which I will be telling you about in the coming weeks.