By Ronan McMahon
AFR
There will be many more potential tipping points as Greece’s economy and politics continue to unravel. I won’t be watching the news feed. I’ll be on a flight to Greece for two weeks of serious boots-on-the-ground research. That’s more important than the Angela/Antonis body language.
One member of our little group has the opportunity to lock down a 1.47-acre lot for only $42,000 in the best-in-class project on Costa Rica’s Caribbean Coast. The lot listed for $78,000. Now the owner is in a bind back home. He needs to sell fast. The developer has agreed to help facilitate him. That’s why I’m sending you this Flash Alert today.
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 our little group, you will know that I have been closely following the opportunities created by the collapse of Ireland’s property bubble. In particular I have followed fire sale auctions where we have been able to buy for as little as one-tenth of peak prices.
