By Ronan McMahon
Our latest deal in Panama is so strong, so compelling, and so obviously profitable that it’s a no-brainer. It’s the best true beachfront play on our beat right now, bar none—and the best Panama beachfront play I’ve seen in my close on 13-year career scouting and investing in Panama real estate.
Brazil is in a state of political crisis and economic turmoil. But the outlook for the country, and particularly the northeast of the country, is still strong in the medium- to long-term. That makes for a special buying moment.
Real Estate Trend Alert members have banked some serious gains on Mexico’s Riviera Maya. In two weeks’ time, I’ll spend my first night in my A-nah townhome. Two years ago, RETA members could lock one of these down with members-only pricing of $215,000. Now a similar townhome lists for $287,000. Our opportunity on this coast is still strong. Our latest members-only opportunity will be one of our easiest opportunities to do well on the Riviera Maya.
Maybe you’ve never heard of Amendoeira. Anybody who’s interested in championship golf courses in the Algarve, they know about this place. I know it. I’ve played here. You shouldn’t be able to buy luxury like this in this part of the world for less than €500,000 ($560,000). Yet here, you can get in for half that. And it’s all because of the crisis running across Europe…
Auctions can be a great way to pick up a piece of real estate priced well below market value. And buying the right property at auctions can lead to a killer deal. You need to find the right property at the right auction. It takes work and thought, but do it right and you can pick up a bargain piece of real estate for far less than market value.
To an outsider, it looks like a calamity in Brazil. One million protestors calling for the president’s impeachment…corruption scandals…a financial crisis… The country’s congress and senate have both voted to impeach president Dilma Rousseff. Last month, she was suspended from duties for 180 days. Far from being a reason to avoid Brazil, it allows us another opportunity to buy well here…and to take advantage of some special-situation deals…
Right now, we have an opportunity in Leon that will allow us to tap into this Northern Nicaragua story I’ve been telling you about. A new and emerging middle class is among the most powerful drivers of profit opportunities I know. We’ve seen the middle-class opportunity play out in Fortaleza, in Medellin, and again in Cabo, Mexico in 2015. Now, we have a chance to do the same again in Leon, Nicaragua.
I’ve played golf on some of the best courses in the world. And I’d put the course surrounding our latest opportunity in Spain on my list of top courses. What I found was luxury, standout condos priced at €230,000 ($259,500)… Also in your latest Special Edition, get all you need to know to make sure your rental property is set up to earn bigger rental yields right here.
Sometimes in real estate a rare moment comes along when everything lines up and you can essentially own a property for free. It isn’t a big secret or even difficult to do…if you do it the right way. I’ve found opportunities in three of the strongest real estate locations on my beat where you could own a hotel, a condo, or some prime beachfront land for free.
Medellin is the only modern and sophisticated city on my beat that I know of where you can buy a high-end condo of 800 square feet—in the most desirable neighborhood—for $100,000. For less than double that price, you can get an even better deal: a three-bedroom condo of 2,300 square feet…as I explain in this Special Edition of Real Estate Trend Alert.