Sunday, December 05, 2021
Dear Your Overseas Dream Home Reader,
I’m a firm believer in not putting all of your eggs in one basket.
That’s why, even though I have my “core countries” that I know are fertile ground for killer real estate deals, I always have my eyes and ears open for opportunity in other parts of the world.
Often, there is no good real estate to be had in a country…right up until there is. So it pays to cast a wide net, but be selective about what you haul in.
With that in mind, here are some examples of interesting finds my team brought to me from some very different parts of the world.
Marrakech-Tensift-El Haouz, Morocco
Asking price: £59,950 ($82,800)
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This is a 1-bed, 1-bath apartment in a highly sought after neighborhood in Marrakesh. There’s an open-plan kitchen/living/dining area with a breakfast bar that seats four. There’s also a small patio area off the living room.
Ludvika, Sweden
Asking price: KR295,000 ($34,420)
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About 3.5 hours west of Stockholm, in the central Swedish region of Ludvika, is this 1-bed, 1-bath cottage. It’s close to the town of Riffallet in a quiet location. It also has a kitchen and dining area, a living room with a wood burning stove, and the bedroom is upstairs in the converted attic. Outside, there’s a hen house and a small sauna. It needs some modernisation and redecorating but for less than $35,000, it’s got lots of potential.
Quepos, Puntarenas, Costa Rica
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Just 15 minutes to the beach, near the town of Quepos, is this 2-bed, 2-bath condo. It also features a small kitchen and an open-plan living/dining area. There’s also a patio area that overlooks the pool. Located in a resort community, it comes fully furnished (though you might want to update some of the furniture!).
Moncalvo, Asti, Italy
Asking price: €90,000 ($104,100)
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In the northern Italian province of Piedmont, in the village of Moncalvo is this partially restored farmhouse. It comprises a kitchen, living room, 3 bedrooms, and 1 bathroom in just over 16,000 square feet of living space. It’s also got a cellar and a garden that overlooks the village.
Wishing you good real estate investing,
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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.
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