Big Deals on Big Buildings in Ireland
As a RETA member, you will know about the crisis in Ireland and the distress in our real estate market. I’ve told you about the National Asset Management Agency (NAMA), known as “the bad bank.”
An Insider, Off-Market Real Estate Deal in Costa Rica
This week, 14 of your fellow members gathered at the Pacific Lots project in Costa Rica’s Southern Zone. They had two price lists: one for all the inventory at the project; the other, a list of special pricing for our little group on 14 handpicked lots.
Greeks Voted – What Happened?
I wrote to you in June on the eve of Greece’s second election in six weeks. Greeks faced a choice between the bad and the ugly. Continue with the agreed bailout plan—more austerity, more unemployment, more emigration, more downward pressure on already-dropping real estate prices.
Mark Your Calendar for a Labor Day Trip
I’d like you to invite you to a special event. This invitation is only open to members of our little group. Your five-star accommodation will be free. Your gourmet meals and cocktails on the beach won’t set you back a single cent. Call it a perk of being part of Real Estate Trend Alert. It’s an opportunity to visit and experience first-hand a stunning Caribbean resort community.
The Pain in Spain
Everything is modern, new, and shiny. This area is convenient like Florida is to a New Yorker. The visitors I’m watching are desperate for some spring sunshine. Some (mostly Scandinavian or Russian) are even here to pick up real estate on the cheap. There are deals to be done.
Fire Sales in Ireland – What’s on Offer
As a member of our little group, you will know that I have been closely following the opportunities created by the collapse of Ireland’s property bubble. In particular I have followed fire sale auctions where we have been able to buy for as little as one-tenth of peak prices.
Get Ready for a Greek Opportunity…
Imagine perfect, white-washed homes…and churches with rounded roofs…that cling to the sheer edge of an ancient volcanic crater. The sun sets like a fiery cannon ball at Oia. Yes, the black beaches are interesting, but here it’s all about the dramatic views from the crater edge. This is the Greek island of Santorini. My favorite. And like the rest of the Greek islands, real estate here is about to get dirt cheap—because of the great crisis the country faces today.
Trip to Costa Rica for 13 Members Only…
Along Costa Rica’s Southern Zone, the bright, thick, green jungle canopy rolls down to a coast of sandy beaches and rocky points. It’s truly stunning. One project along this coast stands out as the gold standard. It’s here that members of our group can buy with a down payment of $20,000 and interest-free monthly payments of $556. And where a small group (strictly limited to 13) of Real Estate Trend Alert members will gather this July 19-22.
Deal Alert: New Beach Town in the D.R.
In January I told you about my visit to the Gran Bahia Principe resort in La Romana, Dominican Republic. Plans call for a major new Caribbean beach resort town spread out over 1,500 acres…with close to one-and-a-half miles of beach. Since then I have been running the rule over this opportunity and negotiating an “off market” deal for RETA members.
Unsexy in Brazil
Brazil is on the up. Fortaleza is doing particularly well. Government policy calls for the creation of a mega manufacturing and export hub just outside Fortaleza. We can profit.