By Ronan McMahon
On Wednesday, I sent you your monthly Special Edition of Real Estate Trend Alert. In the cover story, I gave you the lowdown on auctions—and how we can play them to pick up a killer deal. One of the auctions I told you about was the Allsop auction in Ireland. I spent Wednesday keeping an eye on the progress of that auction. You can view the results here.
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.
Today, I’d like to extend an invitation for you to check out Los Cabos on a members-only scouting trip this July 28–31, 2016.
I asked the developer a few days ago if he had some other deals he could offer toReal Estate Trend Alert members. He came back with a couple of interesting offers. I pushed him a little harder. And the deals got better. The deal is for only two condos. If you’re interested, you need to act fast. These will go in a flash.
We all like a taste of the good life. It’s a powerful driver of prices. Certain brands come with a cachet and desirability. You can pay $50 for a pair of jeans. They’ll do the job. But they won’t look quite as good, or get you as much attention, as the made-to-measure pair with a trendy label…and a price tag of $1,000.
I’m still bullish on Los Cabos. In fact, I get more bullish the more time I spend there. When I made that first recommendation to you, I wasn’t expecting to find more opportunity there. I expected it to be ”one and done.” But the deeper I dig into the real estate story here, the more opportunity I find—the kinds of opportunities no one else is talking about.
I’m planning a research trip to Portugal’s Algarve next month. This will be my sixth trip since crisis came to Portugal. A killer deal there just crossed my desk, the kind of deal that gets snagged in a matter of days. It can’t wait for my visit and full reports—that’s why I’m sending you this Flash Alert today.
Thanks to that crisis, we have a strong opportunity to buy best-in-class real estate in Northeast Brazil right now—at a deep discount. In Northeast Brazil, things are still thriving. Tourist numbers are growing—and the port and free trade zone of Pecem continue to be major boons to the Northeast’s economy.
A big opportunity has come our way. An opportunity I never thought we’d have again. The chance to buy a lot in a master-planned community in Northeast Brazil, close to the town of Fortim.
I just got off the phone with my contact on the ground in Nicaragua, Jordan Clark, about a special-situation opportunity: a Spanish-style hacienda on 52 acres of farmland in Northern Nicaragua.
