By Ronan McMahon
Round Table
“An exotic, offbeat, beautiful and very inexpensive place to stay” that’s how International Living founder, Bill Bonner, described this Caribbean destination in the first issue of International Living magazine in 1981.
This is an alert like none I’ve ever put together. Usually, I’d wait to send you a report like this until your monthly RETA issue. But this deal opens on Saturday so it can’t wait…and you need to have all the details before then.
Nearly 10 years on from when I founded RETA, no real estate deal in Panama City has cut my muster. That is until now… Where is this killer Panama City opportunity? Find out in the September issue of RETA
Earlier this year, Real Estate Trend Alert members and I had a private get-together in Atlanta. One of my Northeast Brazil contacts, Daniel Neves, was there. He had a special deal for RETA members who were in attendance.
Our opportunity at Chame, Panama, is the best beachfront opportunity on my beat. We’re buying in a true beachfront community—right on a pretty beach—less than one hour from a bustling, metropolitan capital city.
Thanks to Portugal’s crisis, a special situation, and Brexit, we can buy a three-bedroom, 1,280-square-foot condo, in Alvor in Portugal’s stunning Algarve, for €153,000 ($179,556). That’s only €120 per square foot. I figure this condo is worth €230,000 ($269,062) retail today.
As a real estate investor, I follow the “big ideas” of investment to find our profit opportunity. Discover my latest insights in the August Issue of RETA.
You should know by now that Playa del Carmen is a tourism machine. It’s one of the best short-term rental locales on my beat. The place TripAdvisor just voted as Mexico’s number one destination. And it’s where more and more mobile people are choosing to base themselves.
The resort of Sotogrande, on Spain’s Costa del Sol, has long been home to many of the country’s most well-heeled vacationers. And right now, we have the chance to own luxury, sea-view homes priced from €179,000 ($200,270).
For too long, Northern Nicaragua has been misunderstood. It has often been depicted as a poor, war-torn region. But that’s not the case anymore. Today, Northern Nicaragua is a welcoming, vibrant region that’s on the up.