Wednesday, April 28, 2021
Dear Your Overseas Dream Home Reader,
The condos are delivered…the first owners have moved in…the units, the pool, the tropical landscaping in the common areas…it all looks great.
Yesterday, I took a tour of our Real Estate Trend Alert (RETA) opportunity in Tao Tulum and was very impressed.
RETA members had the chance to own a two-bedroom condo here back in 2017. Now, just after delivery, owners are enjoying six-figure gains.
See for yourself what best-in-class development looks like. Watch my tour here.
Best of all, RETA members who secured one of the two-bedroom condos in Tao Tulum when I brought the group this deal back in October 2017 are sitting on gains of as much as $102,560.
The developer has a few units left and just sent me a list of current prices.
Condos that RETA members secured for $208,440 are now listed at $311,000—a six-figure lift. A condo that was available for the RETA-only price of $166,860 is now at $239,000…a gain of $72,000.
Our group secured our profits by getting in at RETA-only pricing from $154,500 for a two-bedroom condo. As we do and say in real estate, we made our money buying. I myself bought one of these entry priced condos and sold my unit in early 2020 for $225,000.
On top of the capital appreciation, members can now tap into that red-hot Tulum rental market I have been telling you about. Right now, demand is booming. Remote workers are coming in droves…and they’re not alone. Older people, younger people, families, groups of friends…all want to be in Tulum—and that variety makes the rental market incredibly strong.
Once the owners at Tao Tulum start putting their units on the rental market in earnest (and several of the condos already have key lock-boxes next to the front door for arriving guests), I’ll be able to share more numbers.
But based on the strong demand for both short- and long-term rentals—from vacationers, snowbirds, digital nomads, and work-from-homers—and limited supply…I expect to see high yields. Simply put: Tulum is the “it” place to be, and right now there just aren’t enough hotel rooms or vacation rentals to keep up. There’s a dwindling supply of places to stay…and rising prices.
That’s why I’m in the Riviera Maya this week. As visitor numbers continue to grow steadily, this trend—and our potential to profit—look set to grow too.
I’m checking on the status of several RETA opportunities under construction, getting boots on the ground to investigate potential new deals, and touring finished projects like Tao Tulum.
Each time I scout in Tulum, I always discover something new.
We actually almost got lost on the way in to see the Tao project…
Aldea Zama, the master-planned development on the road between Tulum town and the beach, where the community is located, is growing all the time, with new roads branching off into the jungle…and construction everywhere.
It’s easy to get turned around if you haven’t visited in even a few months. But it did give us a chance to see the growing shopping and dining area, where you can get groceries, grab a coffee, or have a meal without ever leaving the development.
And while owners and renters certainly will head to the white-sand beaches and bustling town because they are so close—just a bike-ride away—I’m sure many will enjoy also quiet days at their condos, which feature large terraces, two pool areas, and places to set up a barbecue grill.
This is a best-in-class development from a developer with a stellar track record in this area. Tao Tulum uses local natural stone, floor-to-ceiling sliding doors to maximize natural light, and water features and lush foliage throughout. It looks amazing.
In the coming days I’ll visit and report from his Santamar project under construction in Akumal. We have also seen strong capital appreciation there.
I’m also preparing to send you more details on an upcoming Tulum deal very soon…
Wishing you good real estate investing,
Ronan McMahon, Real Estate Trend Alert
Your Comments and Questions
Linda and Gary say: Thank you for the RETA deal in Playa Caracol. We were lucky enough to get in on this wonderful deal and will be finishing paperwork this week. We are also looking forward to deals in Cabos San Lucas. We go there often and have dreamed of having our own place. Waiting for the exciting news. Thank you for the “boots on the ground.”
Ronan says: Hi Linda. I’m delighted to report that the Cabo is almost ready to launch. The delay with water permits is now resolved and we have the green light. Expect to hear more about this within the next few weeks.
Lisa says: Dear Ronan, I have been following your work with International Living for quite some time and have finally narrowed my choice of retirement locale to Mexico—either San Miguel de Allende or somewhere on the Riviera Maya, likely Tulum. As I understand it, you have projects in the works in both of these places and I am hoping to get more specifics. Would you please tell me where I can locate photos and more information?
Thank you for your time, and for doing what you do!
Ronan says: Hi Lisa. If you’re a RETA member, you’ll find the full report on our San Miguel opportunity here. If you’re not a member, you can gain access once you sign up. The details for that are here.
The latest Tulum deal is still in the works, but RETA members can expect to see the deal launch within the next few months. All I can say for now is that this promises to be very special.
These will be some of the closest condos to Tulum’s prized white sands. A community like nothing I have seen in Tulum…in a new, previously untouched verdant area.
Plans include a beach club and shuttle from the community to both the beach club and Tulum town. As well as a rooftop terrace with infinity pool overlooking the national park and with views to the Caribbean.
I expect our entry price will be sub $200,000.