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The Top 3 Places to Buy on the Beach with a $50,000 Budget

If you’re wondering when you’ll be able to afford the second home of your dreams…the answer could be: Right now.

Thanks to a doubling of your buying power in certain beach towns, even a $50,000 budget now gets you an impressive getaway.

Ronan McMahon knows where all the best deals are—he shares them below.

Len Galvin
Managing Editor, IL Postcards

P.S. There’s only 3 days left for you to take us up on our offer to try a subscription to the IL Magazine for just one dollar. I don’t know when we’ll do this again…so, if you want instant access to Ronan’s premium articles…and instant access to the 73 other ideas for travel and retirement…real estate and investment…we published in the September issue–this could be your only chance.

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Your Overseas Retirement Just Got 50% Cheaper

By Ronan McMahon

Today’s global economic problems mean opportunities for you that didn’t exist a few years ago. If you think you can no longer afford the retirement or second home you planned, you’re wrong. As financial markets have fallen, deals are better. In some instances, your retirement or dream home just dropped by half the price. In other cases, the dollar has appreciated against certain currencies creating a buying window (I don’t believe this window will last long).

Even if your 401(k) now seems like a 201(k), it can still buy you the property you planned for. You just need to know where to look and what to look for. Stick to your guns and focus on quality. A $50,000 beach condo sounds too good to be true. Usually when things sound too good to be true, they are. Not this time.

Ecuador offers the most choice for a $50,000 budget. My top pick is in Salinas, a seaside town located less than two hours north of Ecuador’s most populous city of Guayaquil. Its 9.5 miles of wide sandy beach has made it Ecuador’s “in” playground…perfect for sunbathing, boating, surfing, and sport fishing. The beachfront is lined with upscale high-rise apartments, hotels, restaurants, and shops. Residents and visitors enjoy the sun and water sports during the day. The evening is for enjoying fine dining and the vibrant nightlife.

Condos at the edge of a tranquil, semi-private beach a few miles north of the malecón (boardwalk) start at $50,000.

A budget in the region of $50,000 doesn’t limit you to only Ecuador.

To the east of Fortaleza in Brazil, the beach and coastline is like nothing I have seen anywhere else. Red and white cliffs rise from flat beaches. This unique and beautiful stretch of coast has been a favorite with Brazilian tourists for many years, yet remains undiscovered by North Americans. I’ve driven this coast (using the beach as a road) several times, and know that it won’t stay undiscovered for long.

You can buy a condo here for $56,100. Perched on a small cliff over the beach, each unit will have sea views and direct access to the beach.

Find out more about these real estate opportunities…and my other top picks…in the September issue of International Living Magazine.

You have 3 days left to try International Living Magazine for $1. If you want instant access to the September issue, including the article I mention above…plus instant access to every premium article we’ve published during the past 100 months…plus the members-only report "How to Retire in Paradise for $30 a Day"…all for just $1…then this could be your last chance.