By Ronan McMahon
ARA
I’m in stunning Jericoacoara, 185 miles along the coast from Fortaleza in Northeast Brazil. Wide empty beach is backed by giant mountainous sand dunes. Back from the beach and in the dunes you have white-bottomed lakes where adventure travelers come to kite surf (although not at this time of year), dive or just kick back and relax.
Today I’ll share with you an opportunity to buy into an overlooked and undervalued community that offers some of the best of Costa Rica…with big RETA discounts…and no build requirements.
As a member of our little group, you will know that I’m bullish on the opportunity we have in the Tulum area on the southern edge of Mexico’s Riviera Maya. I’ve told you about the preferential terms we have to buy a home at member-only pricing in the A-nah Tulum and Tao communities.
The opportunity we have in Costa Rica’s Southern Zone is strong.
This part of the country was previously difficult to get to, but a new road has fixed that. RETA members can buy in the Pacific Lots community with member-only pricing from $37,000.
Uruguay’s “beach province” of Rocha has the country’s best beaches and most charming beach towns with white sands, backed by dunes, stretching for miles. Beyond the breaking waves, the Atlantic is blue and flat to the horizon. The beach towns in Rocha have a quiet charm. La Paloma is the biggest and most vibrant…La Pedrera has a more upscale ambiance…and tiny Cabo Polonio is famous for its arty residents.
A special edition of Real Estate Trend Alert—on my buy of the decade on the Riviera Maya. In this special edition, you’ll also discover…
What happens when unstoppable tourism demand meets limited land opportunities… The excellent protection offered by Brazilian “reciprocity” contracts (I just got a check for $20,000)… A new real estate investment trust in Ireland… The opportunity in retirement care in Ecuador… Incentives to invest in Panama City’s 341-year-old historic quarter…
Yesterday I told you about our member-only deal to buy an early-in, luxury two-bedroom condo for $198,000. (List price for this condo is $210,000).
We can buy a two-bedroom condo here from $185,000 but if you pay $198,000 then your condo has a “lock off” bedroom suite that you can rent independently. The lock-off even has its own private garden.
The southern edge of Mexico’s Riviera Maya is a stunning stretch of coast that’s on the up—thanks to the convergence of major trends along these stunning white sands. North Americans are back buying thanks to a strong stock market and recovering real estate values back home.
Details about an interesting piece of land for sale in Costa Rica just crossed my desk. I know the area well but I haven’t walked this specific land—nor have I asked my lawyer to review the paperwork. As with any real estate opportunity, you should do both before buying.
In Northeast Brazil two weeks ago the elite of Fortaleza’s real estate community gathered for an industry event to mark the “broker” launch of the Fazenda Imperial gated community. The launch and presentation took place at a local cinema.