By Ronan McMahon
Real Estate Trend Alert
I’d like to invite you to join my colleague Margaret Summerfield and I for a very special day before the conference kicks off. We’ll follow the Path of Progress from Cancun to Tulum, visit the opportunities you have been hearing about in these reports, and even wiggle your toes in the white-sand beaches.
The deadlock in Greece drifts on. The current bailout deal expires at the end of June and there is no sign that an agreement on a deal to refinance is close. There are signs and murmurings that insiders are getting ready for a massive default.
As a member of our little group, you will have watched Europe’s crisis play out. Today, I’m in Portugal for another look. I was excited when I first visited, and now the opportunity is even stronger.
Spain’s best beaches have been discovered only by a small number of surfers, locals, and hippies. Now, thanks to a special distressed situation, we can buy in this undiscovered Spain for as little as one third of what it was.
The Turquoise building in the Copala community at the southern tip of Mexico’s Baja California peninsula was launched to the local market a few weeks ago. The building is now 57% sold.
As I told you on March 14, I expect these condos could gross $35,000 in rental income once up and running. I also told you that it was the last call for amazing rental profits. As of midnight on Sunday, our deal is off the table. You won’t be hearing about Encanto again in these alerts.
As a member of our little group you will be familiar with the opportunity to buy high-end Cabo luxury at a price that nowhere near reflects the quality of the community or those who will want to live and rent here. I’ve just received notification that retail prices have risen by $32,400 or more in the Copala community at the southern tip of Mexico’s Baja California peninsula.
I told you late last year about an opportunity on a pristine stretch of Brazilian white sand—the type of opportunity we only get once in a decade. Members of our little group could reserve a lot before the final permits were in place. Now the final permits are in place
Greetings from the road. I’m writing to you from what might be the last great opportunity in the San Pedro to La Duquesa corridor on Spain’s Costa del Sol. This market is fast bouncing back.
Last December I told you about our members-only pre-release opportunity in the luxurious Copala community in jet-set Cabo at the southern tip of Mexico’s Baja California peninsula. Our window of opportunity here has been kept open—but only for a brief time period.