By Ronan McMahon
Round Table
In a little tropical paradise right now, folks are teeing up on the fairways of a verdant golf course. Their plan is a few rounds with friends before a spot of lunch. In the afternoon, they’ll relax poolside, working on their tan with a rum cocktail or two..
I hope you’re as excited by our upcoming Panama City deal as I am.
On June 30, 1997, Hong Kong was handed over, its sovereignty transferred from the UK to China. It was a historic occasion. But many were pessimistic about what the future would hold for Hong Kong. Twenty years later, the handover was a huge success on one front: real estate.
There’s a global ranking of cities based on the number of skyscrapers they have. Panama City, Panama, scores very respectably in this ranking at #20. That’s three places above Miami at #23. Panama City has an estimated 67 buildings of 100 meters (328 feet) or more. Fifty-two are higher than 150 meters (492 feet).
On November 15, 2017, a hush spread over a packed auction room in New York.
The Celtic Tiger was in full swing in Ireland in the 1990s.
I flipped airplane mode off…and the pipping started. One message grabbed my immediate attention:
“Might be of interest. 11 homes in West Cork selling together with a reserve of €650,000.”
This one’s a pure money maker. From just $70,000 we are able to buy at the heart of a major world city while playing one of the most exciting global trends in real estate today. And to act all we need is $10,000 and someone to handle our admin.
Eight RETA members could lock down a villa in Quivira, a five-star beach and golf resort, for just $443,212. These villas list to the retail market at $530,278 right now.
