Ronan from the Beach in Akumal
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By Ronan McMahon
Round Table
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I’m told 25 million passengers passed through Cancun airport last year…from Europe, North America and beyond. Millions of vacationers heading to and from one of the world’s most beautiful stretches of coast. (I’m in Cancun airport as I write, after our fifth and most successful annual RETA Gathering to date.)
Why had they come? Was it for a sneak peek at the latest deals…or for some insider intelligence…was there a particular play or country they were interested in…maybe one of Ronan’s experts they wanted to meet in person?
The sun tints the horizon at this hour. It’s sunrise and I can smell the brine of the Caribbean from where I sit. I’m writing to you in the early hours before the first full day of our RETA Gathering V here in Playa del Carmen.
Bigger and better than ever, I’ve brought my expert contacts from around the world to share their most powerful and proven secrets for creating a fortune in international real estate with Real Estate Trend Alert members.
Venezuela is in the midst of a total economic collapse. The real estate market is completely dysfunctional. That’s why I got on the phone to my contact and recorded this conversation…
There are 7.7 billion people on earth. Last year saw 1.4 billion tourist arrivals. That’s 18% of humanity. But you don’t need figures from the UN’s World Tourism Organization to know more people are traveling than ever before. Just take a trip…you’ll see them in the airports and old towns of Europe…on the beaches of Mexico…in the jungles of Costa Rica…in the temples of Thailand…
Dotted along the coastline are superb luxury new resorts and stunning historic towns…the ancient port town of Lagos has more than 2,000 years of history, and was the starting point for Portugal’s famous sailors and explorers who would help map the world.
With 300 days of sunshine a year, stunning beaches, and world-class golf, Portugal’s Algarve attracts millions of tourists each year. It’s in the south of the country facing the Atlantic, although it boasts a Mediterranean climate.
A decade ago you’d struggle to convince most real estate investors to invest in Portugal, at least outside of the Algarve. There were many good reasons for this, among which were rent controls.