By Ronan McMahon
Real Estate Trend Alert
In the 1930’s workmen for the United Fruit Company were clearing land close to the Térraba river in Southern Costa Rica when they discovered something strange. In the heart of the jungle they had just uncovered one of the greatest mysteries of Central America: The stone spheres of Costa Rica.
As the sun begins its descent toward the ocean the sea breeze drops off. Cocktails on the terrace is a good way to end the day. Then, the night breeze arrives. It comes from the mountains, gently stirring the lush foliage around you as the brilliant orange orb of the sun dips into the vast Pacific horizon
“Imagine! I’m in the middle of the jungle and I’m having the time of my life!” – Overheard in the Café Exotica, Ojochal, Costa Rica.
Now, this isn’t the kind of photo you’ll see in glossy real estate magazines.
I’m making my first-ever recommendation in San Miguel. I’ve negotiated a killer deal with a developer to get you the first pick of condos in the sweetest spot in town at a discount of $25,000 on retail pricing. That puts your total profit potential (combining capital gains and rental income) at a handsome $162,000 within five years.
Listen now to your latest notes from the field.
Is Brexit creating an opportunity on the Costa del Sol?
I just recorded a phone call with my long-time associate Margaret Summerfield. Though originally from Ireland, Margaret has lived in Panama City for the last 13 years, so she’s the perfect source for “from the ground intelligence” and among my most trusted experts.
The best deals I bring to you have one thing in common: They sell fast.
I opened The Residences at Playa Caracol deal at 1 p.m. and the phones have not stopped ringing. The sales team has been flat to the mat trying to get back to every RETA member who called and couldn’t get through