By Ronan McMahon
Round Table
Strictly speaking, it’s low season on this strip of coast right now. Peak winter season has passed, along with Easter. But it’s still full. At 2.15pm yesterday, I drove by the Hartwood restaurant. A line was already winding its way along the road outside its doors. East Coast hipsters stood waiting in retro hats and intentionally mismatched bikinis. They only had another 3 hours and 45 minutes to wait before the restaurant opened.
One member of our little group has the opportunity to lock down a luxurious Cabo condo for $274,364. Steps away, the local retail market pays up to $450,000. In December 2014, I first brought you details of one of the strongest luxury deals to ever cross my desk—a chance to own a condo at the Turquoise community in Cabo.
If you want to get in on the Costa del Sol’s undervalued real estate, this is your moment to act. The window here is set to close. Members who have acted have done well. Right now we have two strong opportunities to buy at deeply distressed prices. Both opportunities happen to be in golf communities. That’s a nice perk whether you care for golf or not—golf is big business on the Costa del Sol.
I’ve played golf on some of the best courses in the world. And I’d put the course surrounding our latest opportunity in Spain on my list of top courses. What I found was luxury, standout condos priced at €230,000 ($259,500)… Also in your latest Special Edition, get all you need to know to make sure your rental property is set up to earn bigger rental yields right here.
Greetings from Cancun airport. I’m just about to hop on my flight to New Orleans for International Living’s Fast Track Your Retirement Overseas conference kicks off. Before I jump on a plane, though, there’s an opportunity that just crossed my desk that I need to tell you about.
Today, I would like to extend a special invitation to you to visit, see first-hand the big trends that I have been telling you about on the Riviera Maya in these alerts, and to wiggle your toes in those white sands.
Our opportunity today is at The Residences at A-nah Village, A-nah’s newest community. You have one last chance to act on two of these three-bedroom homes. The developer has agreed to hold our members-only pricing on these homes at $249,000.
For too long, Northern Nicaragua has been misunderstood. It’s been painted as a poor, war-torn region. As real estate investors, these misconceptions are good news because we can get in ahead of the pack to pick up bargains. Now is the time to book your place on the members-only scouting trip this May 26–29.
As a member of our little group, you will know that I consider Northern Nicaragua to be the best frontier opportunity on my beat now. I’m writing to you today to draw attention to a standout deal from my full report but only one member can act.
Here on the Costa del Sol, there are almost no visible signs left of the crisis. Empty retail units have been filled with trendy new stores and restaurants. Shiny new preconstruction is starting back right along the Costa del Sol with prices from the mid-€300,000s ($335,000) and up. There’s an opportunity for one member to act right now.
