By Ronan McMahon
Real Estate Trend Alert
It’s a special place to visit. If it’s not on your bucket list yet, it really should be. And now you’ve an excuse. This is an invitation you can’t pass up. It’s the time book your flight and get boots on the ground in Mexico’s Riviera Maya to check out the lofts at Tao.
Last October, I told you about the opportunity to buy a pre-release lot in the Fazenda Imperial gated community. This project is being designed with the growing middle classes of Northeast Brazil in mind. As a reader of these alerts you’ll know that I’m bullish on the new middle class play in this part of the country.
On Wednesday I told you about our member-only pre-release opportunity in the exclusive “Eternal Life” phase of Pacific Lots. This is a strong early-in opportunity.
Today, I’m writing to you about a hot off the presses pre-release opportunity at Pacific Lots in Costa Rica’s Southern Zone. A new phase called “Eternal Life” is slated for launch on February 1st.
February 15-18, my Southern Zone contact will host a maximum of 13 members of our little group as they explore this part of Costa Rica. On this trip, you’ll get a special list of lower prices for RETA members only on up to 17 handpicked lots. Your discretion is expected when discussing Pacific Lots with any non-members.
There’s something I never told you about my recent trip to Spain’s southern coast. If you review my full report from that area you’ll notice that the prediction I made about the La Duquesa condos—that they would sell fast—has come true. The units I recommended are now completely sold out.
“We will be raising prices Jan. 1st and I don’t think we will have much under $150,000 in the future.”
That’s the word from my developer friend at Rancho Santana. I believe him. Rancho Santana has the same parent company as International Living and Pathfinder. So I know they have deep enough pockets to weather pretty much anything, without dropping prices. They are seriously bullish on this stretch of coast.
Last month I told you about the opportunity we have to buy a pre-release lot in the Fazenda Imperial gated community. This community is designed for the new middle classes in the Fortaleza area of Northeast Brazil. As a reader of these alerts you will know that I’m bullish on the new middle class play in this part of the country.
Today I’m alerting you to a scouting trip in Costa Rica that takes place in just 13 days. The trip runs this December 5-8, 2013. It’s exclusive to RETA members…and if you take part, you’ll get a special price list—that hands you savings of up to $20,000.
Real estate bubbles send all prices too high. When they pop, they bring everything down with them. Sometimes too far. The same irrational views that drove the prices up help push them down, and for a short time quality properties become very cheap. In recent months I have come across two pockets of opportunity amid Europe’s crisis that fit this picture