By Ronan McMahon
Round Table
We stopped to watch giant oxen pull wood from the forest. When it comes time to plough, it will be these oxen that drag the machinery under the gaze of a single man who directs their movements with a stick.
A lot of farmland and agri-deal pitches cross my desk. The pitch is always the same: This will make you rich. The opportunity is usually presented as ready-to-go. You won’t have to worry about finding or assessing the land or selling the agricultural product. In fact, you won’t have to do much other than put some money up and wait for the returns to start rolling in.
But the reality of these deals is very different. Most of the time, the numbers just don’t stack up. If you’re thinking of investing in agricultural land, it’s important that you can sort the wheat from the chaff. You do that by asking the right questions.
It was 2009 and as Spain’s economy had cratered and unemployment soared, the real estate market stalled. One wealthy Russian thought he could buck the trend. He had one of the best combinations of location and spectacular views on the Costa del Sol…and deep pockets. The homes were built…but never sold. And this has created one of the strongest Costa del Sol opportunities I have ever brought to RETA.
We have an opportunity (strictly limited to four members of our group) to buy a luxury Cabo resort home for $363,719. That’s serious value. The retail price is a whopping $195,634 more—$559,354. That’s how much someone who walks in off the street will pay.
Scattered around the globe are a few dozen destinations that have been seducing the jet set for many decades. Glamorous Monaco. The ski slopes of Gstaad. The Hamptons.
These are some of the best beaches in all of Baja California Sur—miles and miles of untouched, completely deserted sand. On my last trip to Mexico’s Baja California Sur, I stayed in a guesthouse on the beach, five minutes outside the town of Los Santos.
Yesterday, I told you how my contact on the ground in the Sirenis community, Will, is on track to gross $30,000 in short-term rental income. And, how you could target the same by locking down one of a small handful of condos.
Spring arrived in Ireland this week. Last Thursday evening as my day wound down, my gaze was transfixed by the green behind the double doors that led out onto my patio.
“Here…over here!” My contact shone the flashlight of his camera phone at a gap in the fence behind a faded billboard. He squeezed through. I hauled my six-foot-two frame after him. We left behind the wide, tree-lined boulevard. Luxury SUVs passed by, their drivers unaware of our presence beyond the fence. Or what the future of this Playa del Carmen neighborhood holds…
International real estate expert Ronan McMahon has been scouting and investing in real estate for close to two decades now. And he’s distilled all that hard-won knowledge and years of fine-tuning his investment strategies into a new 200-page book called Ronan McMahon’s Profit Principle: An Insider’s Guide to Doubling Your Money in Real Estate Overseas.
In it, Ronan lays out his formula for spotting the best real estate opportunities around the world and reveals the strategies and techniques he’s personally taking with his own money.
He also talks about why he believes investing in real estate overseas right now—bought the right way, in the right markets—can be the ultimate insurance protection against a downturn and against changes to the dollar…shows you how to distinguish a worthwhile profit play from one you should walk past, fast…introduces you to seven overlooked markets around the world today which are—when played the right way—ripe for profits…and much more.