By Ronan McMahon
Spain’s best beaches have been discovered only by a small number of surfers, locals, and hippies. Now, thanks to a special distressed situation, we can buy in this undiscovered Spain for as little as one third of what it was.
In my decade scouting opportunity in Nicaragua, I hadn’t been north to the end of the road along Nicaragua’s Pacific frontier. There never was a reason for me to visit…until now.
In the early and mid-2000s, Europe’s real estate markets embarked on a massive tear. People re-financed, often to buy a vacation home or make a speculative investment in Europe’s sunnier locales. But now markets are moving again and opportunities are presenting themselves..
The real estate market at the southern edge of Mexico’s Riviera Maya is the fastest moving market on my beat. The buying moment is now—but we have a limited time to act before the moment passes. Tulúm has gone mainstream in a big way…In this special edition of Real Estate Trend Alert I reveal the opportunities we have yet to look forward to.
Until recently, Cabo, at the southern tip of the Baja California peninsula in Northwestern Mexico, wasn’t on my radar. Today, thanks to a rare combination of events, we have a very special opportunity here—an unusual pricing anomaly in a high-end, blue chip location, as I explain in this special edition of Real Estate Trend Alert
Right now the south of Spain is on a tear. The best distressed real estate deals are being snapped up, and the window of opportunity is fast closing. The situation in the Costa del Sol is playing out just like I forecast. Now is the time to act.
Uruguay has a long tradition of accepting investment in its land from outside of the country. Safe, solid, and reliable Uruguay, with its infrastructure of roads, ports, agri-business, and legal and tax environments, is a place we can securely and profitably invest for yields of up to 9%.
As you know, the Tulúm area on Mexico’s Riviera Maya is my buy of the decade. Now we have the chance to buy into what will be the closest development to the beach in Tulúm. This new opportunity in Tulúm has been two years in the making.
Puerto Vallarta—one of Mexico’s most popular expat destinations—is home to an estimated 50,000 North Americans. It has endless beaches, marinas, and a yacht club. But California money helped turn a sleepy, stable market into a crazy mess. In the aftermath, we may find opportunity.
If you have preconceptions about the Dominican Republic, put them aside. Most North American tourists head to the all-inclusive resorts of Punta Cana. The opportunity for us is elsewhere—somewhere a beach town pad could be a great earner when you’re not using it.
