By Ronan McMahon
AFR
As I told you yesterday, we have had a great run here at Real Estate Trend Alert and we have banked strong gains. I’m confident our run is going to get even better. The world is a big place. At any given time there are situations at play creating opportunities.
Times are good in the world of international real estate investing. There are serious opportunities to profit on my beat. RETA members who have followed my recommendations are sitting on some serious gains. The world is in flux—just the type of situation that can create opportunity for us. Here’s how some of our opportunities have played out so far…
”Mind if we pull in here? I got a dead chicken in here last Thursday,” my Brazilian contact Daniel asked. Before I knew what was happening the barrier to the underground car park of the luxury condo building rose. We drove in. My head was fuzzy. I had just stepped off a long flight from Lisbon.
As I told you yesterday, the community at Tao is now a reality. Rentals are in strong demand. You see…Tao is now a destination. This is a place where folks come to take part in wellness retreats and activities, to play golf and hang out at the beach, or, like me, for business trips.
As a RETA member, you know we have an opportunity along Mexico’s Riviera Maya. This stretch of coast is pulling in mobile people and businesses from Mexico’s new upper middle class. As investors we care about this. Big time…
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Tthe year-round weather in Marbella is among the best in the region. It’s an internationalized place that attract folks year round. That’s an attractive proposition—and now you can visit yourself on a members-only scouting trip this July and August to see the real estate deals I’ve been telling you about.
Fifteen months ago, members of our group had the opportunity to buy condos just seven minutes from the luxurious Puerto Banus, in southern Spain, with prices from €129,000. As I expected, they sold out fast.
Now the final batch of homes have just been released and prices start at €195,000 ($218,850).
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One market segment where we could gross big incomes by charging weekly rates of $3,000 or more, while getting strong occupancy, is the luxury home segment—a home in the right locale that can attract and accommodate a family.
