Monday, March 8, 2021

Dear Your Overseas Dream Home Reader,

I’ve just updated my Cheap Dream Homes report with tons of incredible new listings. Click here to get your free copy.

Claim your free copy of How to Find and Buy Your Cheap Dream Home (And the 7 Best Places to Do It!)

What will you find inside?

Think historic stone homes in time-worn villages for under $40,000…rambling old mansions with acres of land for less than $150,000…ocean-view cottages…lock-and-leave apartments…

If you love real estate and you like dreaming about bargains, you need to check out what my team and I have found. I’ve homed in on locations I think offer the most bang-for-buck and given you a range of sample properties and some places to get started with your own search.

Here’s just a sample of the new listings I’ve added…

This three-bedroom apartment with mountain views lists for just $102K.

In the morning you’re hiking a forested mountain and in the afternoon you’re sunning yourself and sipping sangria on a Mediterranean beach.

This three-bedroom apartment in the small town of Xirles, in the Spanish province of Alicante, gives you the best of both worlds. The town has a stunning mountain backdrop, with lots of local forests to explore, an ideal location for hikers. And you’re just 20 minutes from the stunning beaches of Spain’s Costa Blanca.

At just €85,000 ($102,564), the price is incredible. See the listing here.

This condo is a short walk to the beach and costs just $69,500.

This newly remodelled, one-bed condo in the city of Manta, Ecuador lists for just $69,500.

The condo is a very short walk from Playa Murcielago, Manta’s main beach.

It comes fully furnished, including appliances, refrigerator, washer, and television. For a 650-square-foot condo, the price-tag here is impressively low. See the listing here.

You don’t have to spend a lot in Italy to own something truly unique. This three-bedroom apartment in Arpino costs just $193,520.

I’ve also included a few higher priced offerings that are still unbelievable value for money.

This three-bedroom apartment situated in the heart of the medieval town of Arpino is filled with 18th-century splendor and is listed for just €160,000 ($193,520).

It has a spectacular salon with vaulted ceilings and columns, floor length picture windows with wrought-iron railings, and an antique fireplace.

It offers panoramic valley views and is just a few minutes’ walk from Arpino’s main piazza.

Arpino is a warren of cobbled streets, pretty piazzas, and ancient ruins. The area is known for its culinary traditions, which derives from the bounty of the surrounding mountains. Fresh ricotta cheese, tender goat meat is baked in wine and herbs, winter seasoned pork sausage, and truffles and mushrooms from nearby forests.

See the listing here.

And be sure check on the rest of the updated listings in the report. Just click here and start browsing:

How to Find and Buy Your Cheap Dream Home (And the 7 Best Places to Do It!)

Wishing you good real estate investing,

Ronan McMahon, Real Estate Trend Alert

P.S. If you’re interested in any of these listings you should hire an attorney and do your own due diligence. I haven’t visited these properties in person or done any due diligence on them.

Your Comments and Questions Tom says: Ronan, my wife and I intend on moving overseas and purchasing property when we retire in about four years. Right now, we have been looking intently at Italy and that seems to be a good choice for both affordable reasons and for ease of immigration purposes. I have seen articles written both in your publication and others noting property prices in Ireland and the other factors for the reason why it might be desirable to move there. I can’t understand why that it being promoted when everything I have researched shows it is practically impossible as an American to move there unless you have a job or have a relative that lives there, etc. Am I missing something? I would love to move there but I have discounted it for the impracticality of the immigration laws. Please advise. Ronan says: Hi Tom. You’re right, getting residency in Ireland isn’t easy. The single best route to doing so is through citizenship by ancestry, but that doesn’t apply to your situation. You can still get residency, but the bar is high. You can stay in Ireland for three months, after which time you must register with the Irish authorities and seek “permission to remain.” To qualify for this, you must show your bank statements and prove that you have an annual income of at least €50,000 ($59,348)—or €100,000 ($118,696) for couples—in order to acquire a visa. Of course, if you are there to retire, you are not allowed to work in the country. This route to residency is also restrictive. And yes, for this reason, Ireland isn’t a top choice for retirement. However, many of your fellow readers have expressed interest in Irish properties, and like you say, there is good value in Ireland if you know where to look. Also, there are no restrictions on foreigners buying residential property in Ireland. So, you can buy as an investment or simply as a place to spend three months of the year. Connect with Ronan on Instagram or Facebook