Your Own Home Overseas - International Real Estate
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You've done the dreaming… We've done the research. And Your Own Home Overseas is a completely free e-letter where you’ll find everything we know about making your overseas dream home a reality.
We know a good location and, more importantly, good value, when we see it. And with decades of on-the-ground experience, we know our way around the best spots under the sun for buying your dream home right now.
Whether you’re interested in investment real estate, a second home in the sun, or your dream property for a full-time life overseas, Your Own Home Overseas is where you’ll find the inside track.
You’ll hear regularly from real estate guru Ronan McMahon (from Pathfinder International, International Living’s preferred real estate advertiser), who travels the world in search of the best off-market deals. You’ll also hear from a panel of International Living’s in-country editors and correspondents dishing out everything they know, revealing the latest great-value properties they have found as they scout the globe.
In your mind’s eye picture brilliant white-sand beaches on your doorstep, just a few hours flight-time from the U.S., where you’ll find property at a fraction of the cost back home…how about a great deal on a sun-drenched, white-washed house with a shady courtyard in the Mediterranean…or a luxurious retreat nestled in the lush valleys of Central America…
We’re constantly uncovering the most desirable and affordable real estate on earth…that’s why we publish Your Own Home Overseas—to share these opportunities with you.
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This special report covers the 10 things you must know before buying property overseas as well as pointing you to some of the best places in the world to buy real estate…and it’s yours free when you sign up for Your Own Home Overseas e-letter below.
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In Spain banks have foreclosed on, or control, hundreds of thousands of completed unsold condos and homes. This is the type of scenario that could throw off some very interesting opportunities. As you know Europe is in crisis. But let me back up and take a look at Spain. Home ownership in Spain (now over 80%) is encouraged through policy and a range of tax breaks. Municipalities were encouraged via windfall payments to designate land for development.
New homes, new cars, new televisions and refrigerators. Rising incomes and renewed optimism. Those are the trappings of a growing middle-class. It happened in the U.S. in the 1950’s. It happened in Brazil over the past decade (particularly in the Northeast since 2007.) And it’s happening somewhere else in Latin America right now. That’s a big deal if you’re looking for a real estate market…
Turquoise waters wash empty white-sand beach. Palm trees sway and rustle in the breeze. These sands haven’t been manicured or manufactured. They sit the way nature sculpted them… littered with coconuts. A hammock in the shade is for afternoon dozing. Friends gather for cold drinks at sunset at one of the brightly painted buildings that cluster on one part of the beach.
Southern France isn’t only a dream-turned-reality for seriously wealthy buyers. Not if you target lesser-known locations. The problem—if problem is the word—is that there is a tremendous amount of south. Without months to spare, uncovering it all is impossible. But here’s one solution.
Endings should be spectacular. And this one doesn’t disappoint. With the day signing off in a crimson sunset, I’ve driven to Slea Head on Ireland’s Dingle Peninsula. National Geographic Traveler once called the Dingle Peninsula “the most beautiful place on earth.”
“Gentrified” Casco, if you can call it that, is a small place…10 or 11 streets long, intersected by Avenue A, Central Avenue, and Avenue B. Yet there’s so much going on. Panama’s artists gravitate here…and there are galleries, shops, handicraft stalls, chic little cafes and bars, and more.
If you’re looking for a beach home and you’re on a tight budget, one country should top your shortlist: Ecuador. Ecuador’s coast is a sleeping giant. For years foreign buyers ignored it as a second-home destination. When it came to buying a place in the sun, they focused on better-known (and more expensive) beach destinations. That lack of foreign buyers is why beach homes in Ecuador remain affordable.
Greece faces a great crisis today and its real estate is about to get dirt cheap. The country is in a classic “blood in the streets” situation…one that looks so hopeless that the public believes only a fool would want to buy real estate in the shadow of Athen’s Acropolis or on one of the country’s stunning Aegean islands. The story to this crisis goes back a few years.
Just over a decade ago Argentina spectacularly unraveled with the biggest default in history—$100 billion. Dollar deposits were converted to pesos. Then, overnight, the peg of one-to-one with the dollar was broken. The unpegged currency immediately devalued. Savings were wiped out. Banks were set alight and locals took to the streets in protest.
Roman arenas and triumphal arches suggest Italy. Bullﬁghts and paella sound remarkably like Spain. But they’re as much a part of France’s sunny south as lavender ﬁelds and bouillabaisse. So, too, are village houses for $100,000 to $187,500. Southern France isn’t only a dream-turned-reality for seriously wealthy buyers. Not if you target lesser-known locations.
Your perfect oceanfront retreat is just a ﬁve-minute boat ride from one of the world’s premier diving destinations, the Belize Barrier Reef. It’s on Ambergris Caye, with the Caribbean spread out before you. Diving spots nearby include the Hol Chan Marine Reserve, known for its formations of elkhorn, brain, and staghorn corals. The coral is 20 to 40 feet tall, providing the perfect habitat for reef sharks, yellowtail snapper, lobster, grouper, sea turtles, and many other species.
Right now, doom and gloom in Europe runs deep. But there is a story not being told…one of opportunity borne of this crisis. A story of places where you could own your own piece of the Old World…for less than half the price of a budget family sedan. In Greece and beyond—prices are falling like a rock. And for anybody who ever mused about a European retreat, that’s the silver lining.
Picasso’s Night Fishing at Antibes doesn’t resemble any fishing activity I’ve ever seen. But it’s fun seeing reproductions of art works displayed where they were painted. All along the French Riviera and into the Provencal back country of hill towns, vineyards and flower fields, I kept coming across spots on the region’s Painters’ Trail.
Provence in France. Saying its name evokes memories of sun-drenched hills, starry nights, and the scent of sea-salted rosemary and thyme. Birds sing in olive groves, bees drone in vineyards, flowers spill from terracotta pots. In villages with crinkly-tiled roofs, lizards scurry into niches just as their lizard ancestors did in the Middle Ages.
There’s a special place on Costa Rica’s Pacific coast where bright, thick, green jungle canopy rolls down to a stretch of sandy beaches and rocky points. It’s truly stunning. While prices in places you’ll see in glossy magazines soared…prices here stayed low. It was difficult to get to. But a new smoothly paved coastal highway has changed that. And it’s nicer here.
Real Estate Trend Alert is dedicated to giving you the best investment opportunities in the world before most people are even aware of them…and below you will find information on just one of the many opportunities you’ll hear about from me as a RETA member. In this report I’ll tell you all about this great deal in Costa Rica.
The morning’s fresh ceviche is sharp and fragrant with coriander. Fifty minutes up the highway we passed a North American style service station. My contact convinced me to resist my strong coffee urges and hold off for fast food Costa Rica style. So, I ended up sitting under a palm tree, sand between my toes, eating $1.50 ceviche from a local vendor. There’s not much action on the beach.
I wrote to you in June on the eve of Greece’s second election in six weeks. Greeks faced a choice between the bad and the ugly. Continue with the agreed bailout plan—more austerity, more unemployment, more emigration, more downward pressure on already-dropping real estate prices.
Greece faces a great crisis today and its real estate is about to get dirt cheap. The country is in a classic “blood in the streets” situation…one that looks so hopeless that the public believes only a fool would want to buy real estate in the shadow of Athen’s Acropolis or on one of the country’s stunning Aegean islands.
Provence. Saying its name evokes memories of sun-drenched hills, starry nights, and the scent of sea- salted rosemary and thyme. Birds sing in olive groves, bees drone in vineyards, ﬂowers spill from terracotta pots. In villages with crinkly-tiled roofs, lizards scurry into niches just as their lizard ancestors did in the Middle Ages.
Boat dwellers are not the same as landlubbers. For a start, you may really like your condo, but you’re not likely to describe it as “a love affair.” And buying a houseboat starts with love at ﬁrst sight. “You see a picture of a boat, carry it around with you…that’s my boat you say, and you do what you have to do to buy it,” says Nick Symes.
Chile’s Lake District is all about spectacular scenery…forests, snowcapped volcanoes, the towering Andes, and hundreds of deep blue mountain lakes…German emigrants brought their distinctive traditions to the region and it’s been compared to Switzerland for its beauty and cosmopolitan resort towns…
Most tourists give Paris’s 12th arrondissement a miss. But a lack of showpiece landmarks and museums doesn’t mean lack of character. East of the Bastille, this mostly residential neighborhood offers an intriguing taste of Paris without the clichés. Stretching from the Bastille to Place de la Nation, Faubourg Saint-Antoine is one of the 12th’s principal shopping streets.
It’s amazing what people will do for a water view. Some people will try to tell you that anything with a water view is worth an inflated price. I don’t agree. In fact, if you know where to look, you can get a lake- or ocean-view property, on a tight budget…without any crazy compromises (or extreme weather systems).
In Panama’s Veraguas Province, Santa Fe looks exactly as a Central American village should. After the modern skyline of Panama City—a shock if you were expecting to encounter the Third World—Santa Fe is a relief. The “real” Panama. Ah, yes, here it is. And here, it exists in its most exemplary form. The prettiest mountain views and the most welcoming people. The “best-of-both-worlds” climate…
In Vilcabamba, Ecuador, you feel like you could live forever. It’s no wonder that this boasts of being the “Valley of Longevity,” where long, healthy lives are common and many of the locals claim to be centenarians—living well into their 100s. Perhaps it’s the climate. Just shy of the equator in southern Ecuador and at an elevation of 5,000 feet, temperatures in Vilcabamba average between 65 F and 81 F.
I’d like you to invite you to a special event. This invitation is only open to members of our little group. Your five-star accommodation will be free. Your gourmet meals and cocktails on the beach won’t set you back a single cent. Call it a perk of being part of Real Estate Trend Alert. It’s an opportunity to visit and experience first-hand a stunning Caribbean resort community.
An hour from Montevideo, Piriapolis was founded in 1893 and is Uruguay’s first seashore resort. It is filled with bathers and sun-worshipers for the entire summer. Year-round, people come from all over Uruguay to enjoy its fine seafood restaurants, casinos, cafés, and local museums.
If you ever wanted to retire to the beach, or buy a second home on the water, now is the time to act. Prices in certain desirable markets are low right now. But they won’t stay that way for long… The wide white-sand beaches of North-East Brazil stretch for hundreds of miles. The beach towns and fishing villages along this coast are popular with international tourists and Brazilian visitors…
Everything is modern, new, and shiny. This area is convenient like Florida is to a New Yorker. The visitors I’m watching are desperate for some spring sunshine. Some (mostly Scandinavian or Russian) are even here to pick up real estate on the cheap. There are deals to be done.
As a member of our little group, you will know that I have been closely following the opportunities created by the collapse of Ireland’s property bubble. In particular I have followed fire sale auctions where we have been able to buy for as little as one-tenth of peak prices.
Although southern France comes with a medieval legacy of troubadour poets, I never expected to see a poetry shop. But there’s one in the harbor town of Cassis. Framed and written on marbled paper, there are over 4,000 poems on love, life and friendship to choose from. Dominated by a fortress castle and with a back garden of vineyards, Cassis is the unhyped Riviera…
If you’re looking for a bolt hole overseas…somewhere you and your family can return to as often as you need…while enjoying the ultimate privacy…Margaret Summerfield has made a short video about where to find the three best secure and private hideaways.
From rosé wines to summer sunflowers, there’s nothing gray about France’s sunlit south. If you love art, history, kind weather and good food, the pleasures of Provence are almost endless. And what’s more, the Mediterranean is its playground.
It’s a stunning and accessible location. It’s easy and affordable to get there. It’s going to be luxurious. And right now you can get in on this self-contained Caribbean resort for half the price you’d pay in a more mature one just 30 minutes away.
The morning mist burns away to reveal an expanse of velvety mountains and the green-carpeted valley in all its glory. Fresh air and blazing blue skies are to be expected here in the Andes. Here, you feel like you could live forever. It’s no wonder that this boasts of being the “Valley of Longevity,” where long, healthy lives are common and many of the locals claim to be centenarians—living well into their 100s.
In Panama’s Veraguas Province, Santa Fe looks exactly as a Central American village should. After the modern skyline of Panama City—a shock if you were expecting to encounter the Third World—Santa Fe is a relief. The “real” Panama. Ah, yes, here it is.
Every month we take a look at some of the properties available around the world. This time out, we’re highlighting properties that not only provide you with a roof over your head, but an income to boot. Escape to Ecuador’s Yunguilla Valley and surround yourself with blossoming fruit trees and fresh ﬁsh on your own tropical property.
Everywhere historic buildings bring alive the romance of old Spain. Granada is the country’s most beautiful city, the jewel in the crown of Andalucía, and today, thanks to the country’s crisis, you can ﬁnd distressed real estate here for up to 50% less than what you would have paid for it four years ago.
Steeped in history, Granada, Spain attracts visitors from around the world. Its international airport has flights from most major European cities, and it’s within a two-hour flight of northern Europe’s major population centers. This could just be the perfect location. There’s culture. Three World Heritage sites, including the exquisite Moorish palace of the Alhambra, are just the headline draws.