Looking for the Next Places in Portugal
Thursday, June 01, 2023 – Here in Ireland, I’ve been enjoying the glorious spring weather.
By Ronan McMahon
SubType RAR_MM
Thursday, June 01, 2023 – Here in Ireland, I’ve been enjoying the glorious spring weather.
Saturday May 27, 2023 – Despite countless visits to Playa del Carmen over the years, the place still holds secrets for me…
Friday May 26, 2023 – Did you get my report yesterday? It’s an update on Ireland’s real estate market, with three opportunities you can act on right now…
Thursday May 25, 2023 – As I write from my living room here in Cork, Ireland, I can see a menagerie of wildlife outside my window…
In December 2021, I recommended luxury condos in Lagos in the Dona Ana Beach Residences community. RETA members could lock down luxury two-bed condos for just €477,000. It was an opportunity to own luxury condos just a six-minute stroll from a beach that was voted the best in the world.
Dona Maria Residences are so close to the water you can fish off the balcony of some condos and I’m told it’s the last community that will ever be developed this close to the water—the rules governing development having changed.
The strongest RETA opportunities have always been in the Western Algarve, and in Lagos in particular, which has seen huge growth thanks to the Path of Progress moving along the coast from Faro.
In November 2020, I recommended condos in a community called Adega in Lagos. One RETA member bought a condo there for €500,000. She has since sold it for €795,000. That’s an incredible profit of €295,000.