By Ronan McMahon
ATT
Brazil has energy, food, water and manufacturing resources in abundance. It is emerging as one of the world’s economic powerhouses. Wealth has been created and living standards have improved. Brazil is now defined as a “middle class” country with 53% of the population falling into this bracket. This new middle class wants to move into a shiny new condo or house. They will want to be near infrastructure that will bring them to work and play.
I am bullish on pockets of opportunity in stable, secure, and first-world Uruguay. These two plays converge along a little-known stretch of coast. Here, you will find Uruguay’s best beaches and beachfront land can be found for as little as $1 per meter or $4,050 per acre.
You know how bullish I am on Tulum. A major Mexican government plan is targeting this area of Caribbean coast for the development of high-end boutique tourism. RETA members have got in early at special pre-release pricing and terms. Today, I’m writing to you about a new and different opportunity.
I’ve just returned from a seven-day scouting trip to Ecuador’s finest stretch of coast. Here, virgin forest covers dramatic hills. The beaches extend ribbon-like along the seashore—pristine, empty, and beautiful. This time of year the foliage is lush and green…almost luminous. The water is clear and blue. In parts…when the sun hits it in a certain way it almost looks turquoise. In other parts lone surfers have miles of beach and awesome surf breaks to themselves.
On January 27th this year I told you about developer Benjamin Beja’s plans for a new community on Mexico’s Riviera Maya. At International Living’s recent Ultimate Event, Benjamin shared his vision with members of our little group in person at our private investors meeting. We were the first to hear. Next week we will be the first to see. Benjamin has invited us to come and see the site and his plans first-hand.
Uruguay’s Punta del Este is where South America’s rich and beautiful people hang out. Rent an unspectacular house here in January (Uruguay’s high season) and it will likely set you back $20,000.
The best way to maximize your return on investment in the Fortaleza market is to buy pre-construction condos with a low down payment (1%) and monthly payments of 1% during the build period…
In the second half of this year we will start to see highly distressed condo sales in Panama City emerge. These are deals we will want to pay attention to…
Last year I told you about Sian Ka’an on Mexico’s Riviera Maya. I consider this to be the best resort rental deal on the market today…anywhere. Your fellow members agreed—87% of our little group who took developer Benjamin Beja up on his offer to visit…reserved units.
Something just happened in Brazil. This event was always seen as a precursor to mortgages being made available to foreigners. When that happens…