By Ronan McMahon
On Friday I told you about the opportunity to buy a lot at the Jama Campay project on Ecuador’s North Coast. Members of our little group can buy a lot with a starting price of $32,256. With the special member-only finance terms, we can buy this lot with a down payment of $16,128 and monthly payments of $448. But maybe you are looking for something more turnkey?
Ecuador’s nicest 60-mile stretch of coast is now accessible. It’s here, on the best part of this stretch of Pacific Coast, in a “best in class” project, that we can buy a lot from $32,256. This is an “off market” deal—14 lots in this project are only available to members of Real Estate Trend Alert. With the special member-only finance terms, we can buy this lot with a down payment of $16,128 and monthly payments of $448.
On May 31, I told you about the opportunity members of our little group have to buy a lot here with a down payment of $21,350…with 36 monthly payments (interest-free) of $800… and a final payment of $19,200. A small number of these lots are still available. Today, I would like to extend a special invitation to visit and experience what it will be like to spend time here and explore the surrounding areas.
When it comes to crisis investing, Argentina is the “gift that keeps giving.” With expropriations and capital controls, they are up to their old tricks again. I’m closely following the situation there on your behalf.
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.”
Rancho Santana, on Nicaragua’s Pacific Riviera, has two miles of the most dramatic coastline you’ll ever see. Vertical cliffs drop to flat rocky plateaus. Some of the world’s best surf breaks and beaches are here. Close by you’ll find sandy beaches perfect for swimming and rock pools where you can bag the freshest lobster of your life.
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.
As a member of this group, you will know about the strong opportunities we have in northeast Brazil. You also know about the miles of sandy beaches east and west of Fortaleza, and the charming beach towns. Of these, Cumbuco is my favorite. And because of a situation thousands of miles from Brazil, you could buy a lot in Cumbuco, in a gated community just back from the beach, for 62,000 reais ($30,500).
In January I told you about the opportunity we have in Costa Rica’s (formerly) undiscovered lake country of Arenal. It’s in a project called The Preserve. Guess what? The market in Arenal there has taken off. The early-in window of opportunity is closing. The best lots are being snapped up and prices are rising. For now we can buy a lake view lot “off market,” perched above the boat dock, with a down payment of $2,500 and monthly payment of $187.50.
In this dispatch, I’ll report on the results of Ireland’s latest fire sale. I’ll also look at some non-auction listings located along the scenic Ring of Kerry for less than $100,000.
