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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.
Imagine perfect, white-washed homes…and churches with rounded roofs…that cling to the sheer edge of an ancient volcanic crater. The sun sets like a fiery cannon ball at Oia. Yes, the black beaches are interesting, but here it’s all about the dramatic views from the crater edge. This is the Greek island of Santorini. My favorite. And like the rest of the Greek islands, real estate here is about to get dirt cheap—because of the great crisis the country faces today.
Along Costa Rica’s Southern Zone, the bright, thick, green jungle canopy rolls down to a coast of sandy beaches and rocky points. It’s truly stunning. One project along this coast stands out as the gold standard. It’s here that members of our group can buy with a down payment of $20,000 and interest-free monthly payments of $556. And where a small group (strictly limited to 13) of Real Estate Trend Alert members will gather this July 19-22.
In January I told you about my visit to the Gran Bahia Principe resort in La Romana, Dominican Republic. Plans call for a major new Caribbean beach resort town spread out over 1,500 acres…with close to one-and-a-half miles of beach. Since then I have been running the rule over this opportunity and negotiating an “off market” deal for RETA members.
As a member of this group, you will know about the strong opportunities we have in northeast Brazil. You also know about the miles of sandy beaches east and west of Fortaleza, and the charming beach towns. Of these, Cumbuco is my favorite. And because of a situation thousands of miles from Brazil, you could buy a lot in Cumbuco, in a gated community just back from the beach, for 62,000 reais ($30,500).
Brazil is on the up. Fortaleza is doing particularly well. Government policy calls for the creation of a mega manufacturing and export hub just outside Fortaleza. We can profit.
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