- These Caribbean Condos Could Earn You Thousands of Dollars a Year…
Posted on March 13, 2014 by Ronan McMahon
The Tulum area, at the southern edge of Mexico’s Riviera Maya, has the finest, white-sand beaches on my beat. Turquoise waters lap on soft sand while breezes rustle through palm trees. This is a great place to spend time—a place I like to vacation. It’s jet-set chic here.
- Your Own Condo by Mexico’s Best Beaches for Just $550 a Month
Posted on March 12, 2014 by Ronan McMahon
The best beaches in Mexico are just 70 minutes down the coast from Cancun. Some are still deserted, dotted only with coconut palm trees and curious iguanas. Seabirds duck and dive overhead. It’s a place of utter beauty and tranquility—azure blue water and total silence except for the roar of the surf. But it’s not just about white-sand beaches here.
- These Real Estate Buys in Mexico Could Have Doubled Your Money – Where’s Next?
Posted on March 11, 2014 by Ronan McMahon
Close on a decade ago I first stood on the white sands at Tulum, Mexico. Playa del Carmen was my base for this trip, and I saw first-hand what was happening. Playa was taking off—as were its real estate values. Ninety minutes down the coast (before the road improvements) Tulum was a secluded piece of paradise. It was an empty beach—there wasn’t a single soul. I drove down a potholed, rutted, sand road with a friend.
- Properties with Premium Views for Less than $150,000
Posted on February 28, 2014 by Margaret Summerfield
This west-coast destination in Mexico hit the headlines in 1963. John Huston filmed part of Night of the Iguana in Vallarta. The world’s press descended on the town to follow the romance between Richard Burton, a star in the movie, and Elizabeth Taylor. Many viewers simply wanted the real skinny on the famous Hollywood stars. But others were grabbed by Vallarta’s colonial architecture and sun-drenched beaches. Tourists and expats started to flock to this little fishing village. Today, around 50,000 North Americans live in Vallarta…
- South of Amalfi, Italy: Where Properties Cost Less
Posted on February 20, 2014 by Valerie Fortney Schneider
We arrived at our rented villa just in time to see the sun slipping down toward the liquid-blue horizon. Perched on the terrace, we sipped rosé wine bought in a winery down the road and watched as nature splashed a rosy hue across the western sky. Fishermen returning with their catch left a silvery wake in the waning light. One hour in Cilento and we were smitten.
Imagine falling to sleep to the soft sound of waves lapping the base of rugged cliffs. The flash of a faraway lighthouse gently illuminates your room and the mild breeze brings the purest of air in your open window. In the morning there’s bright sunshine and the singing of small birds in the shrubbery outside. A distant tractor can be heard as a farmer carries hay to his cows. There are no cars or sirens. And, as you look outside, the sun shimmers off a hundred square miles of ocean.
Seductive and sensuous, an amalgam of cultures, Andalusia gets under your skin. Maybe that’s why so many of Spain’s signature sounds and images come from this vast, southern region of the country: castanets, gypsies, flamenco dancers, bull fighters, strumming guitars…This is romantic Spain…the one the tourists flock to.
Do you ever wish you could find a cool little beach town before it gets discovered and invest in land while the prices are still low? You aren’t alone. Global investors are constantly searching the planet for that kind of opportunity. But you know what? They missed a spot. It’s a little town of 1,000 full-time residents, and it’s called Barra del Chuy, in Uruguay.
Last October, I told you about the opportunity to buy a pre-release lot in the Fazenda Imperial gated community. This project is being designed with the growing middle classes of Northeast Brazil in mind. As a reader of these alerts you’ll know that I’m bullish on the new middle class play in this part of the country.
Cancun wasn’t always packed with high-rise condos and tourist accommodation. In fact, in 1970, it had just three inhabitants. (Yes, you read that right.) Then, in 1974, Fonatur (Mexico’s tourism development authority) kicked off a master plan to bring tourism to this sandy spit of land. They built the infrastructure and provided the incentives necessary to attract hotelier tourists—and it worked.
I’ve never seen a stretch of the Caribbean more beautiful than the Riviera Maya. Standing on the warm, clean, coral-sanded beach, turquoise water laps at your feet. Behind you, palm trees sway and rustle in gentle breezes. Dive into that water and you can explore the world’s second-longest coral reef. Or step back from the beach and take in untamed jungle, ancient forest cities, and mythical cenotes—underground, swimmable caverns revered as sacred places by the Maya people.
In August I visited a new luxury beachfront apartment building on the Costa del Sol’s new Golden Mile. Within eight days earlier this year, 122 apartments in the building sold. The fire-sale pricing was that good: $347,209 for an apartment. Seven months later, these apartments were listing for $528,396 each.
- Five Spots Where You Can Find Premium Views for Less than $150,000
Posted on January 20, 2014 by Margaret Summerfield
A great view usually translates into a premium price tag. But you can afford a home with stunning vistas if know the right place to look. For example, I know of one Pacific coast town where a beachfront condo with Californian-style ocean views and a similar lifestyle will only set you back $119,000. You’d need at least three times that to get close to the beach in California.
In medieval Europe, keeping an eye out for and guarding against invasion—a frequent occurrence in those days—was no easy feat. But one of a nobleman’s greatest defensive weapons was a castle perched on a rocky hilltop near an important mountain pass. The location itself—surrounded by steep cliff—offered protection.
- The Best Places to Buy Real Estate When You Retire Overseas
Posted on January 5, 2014 by Barbara Ross
Whether you are looking for a home on the coast, on an island or in a colonial city, these three countries have the best value real estate. If your dream home includes a pool, a big back yard in which to swing from a hammock in the sun, a place close to the beach where you can snorkel, relax with a good book or watch the sunset…rest assured, you can have it—because your real estate dollar stretches further overseas. You can buy a superior property in a better location for the same amount or less than you would spend on a home in the U.S.
I have a confession to make. I’m a romantic. Whenever I travel, I look for a hotel or hostel in an old colonial home. When I wake up in the morning, I throw open the shutters or step out onto the balcony imagining I’ve been transported back in time. But there are folks who get to do that every day. And you can, too.
In Nicaragua, you’ll find some of the most dramatically beautiful Pacific coastline…anywhere. And in one development I’ve visited, there are five beaches, 2,700 acres and more than two miles of coast.All of those beaches have their own unique character and appeal. Each has different colored sands: white, tan and even pink. Some have flat waters for swimming or waves for surfing.
- Ocean-Views that Won’t Break the Bank in Southern Costa Rica
Posted on November 18, 2013 by Jason Holland
The southern Pacific coast, officially known as the country’s Southern Zone, is the Costa Rica of postcards and guidebook covers. Palm tree lined, virtually vacant beaches. The wild sea with rocky islands just offshore. Deep, thick jungle surrounds you inland. One of the most biodiverse regions of one of the most biodiverse countries in the world, it’s home to howler monkeys, toucans, and sloths and hundreds of other animals…
There’s a lot to love about Bangkok, one of Southeast Asia’s most exciting and exotic cities. You can get world-class cuisine, enjoy a pulsing nightlife, and access high-quality, affordable medical care. And there’s the superb shopping or the option of a day trip to the beach.
Seated at a small table shaded by a large yellow umbrella, I sip my beer and savor the mid-afternoon sun of early autumn and the gentle but steady sea breeze. I’m surrounded by possibly the most beautiful collection of people that I’ve seen anywhere in my travels. Fit, confident, and stylishly attired, they hustle past to the last meeting of the week or grab one of the remaining available tables. I could be in Florence. Or Milan, perhaps.
Real estate bubbles send all prices too high. When they pop, they bring everything down with them. Sometimes too far. The same irrational views that drove the prices up help push them down, and for a short time quality properties become very cheap. That’s when you should buy: before the fear subsides and prices go up once again.
Sihanoukville wasn’t on Joe Royle’s list of semi-retirement destinations when he came to Southeast Asia looking for a new life in 2005. In fact, he didn’t even know that Sihanoukville, a beach town of 250,000 some 140 miles southwest of Cambodia’s capital city, Phnom Penh, even existed.
The accepted story goes that as humankind progressed over the millennia, we abandoned our cave shelters in favor of constructed homes. But plenty of folks still live in dwellings carved out of volcanic rock, into mountains, rocky hillsides, cliffs, or quarries. And they aren’t living a primitive life in caveman-style homes, either (though they are referred to as “troglodyte” homes).
- In Pictures: Why Costa Rica is the Ideal Place to Retire
Posted on November 14, 2013 by Jason Holland
Costa Rica has been a top retirement destination for more than three decades. An estimated 20,000 North Americans call it home today (more if you count part-timers and “snowbirds” who come for North American winters). And it continues to be a favorite of retirees for the same reasons it always has been: low cost of living; ideal climate; natural beauty; a stable government; friendly locals; safety; easy residency requirements; and bargain real estate.
At first it just happened by chance, but it was the best thing that ever happened to someone struggling to survive in a foreign land. A $47,000 investment (down payment and closing costs) in the year 2000 to purchase a 750-square-foot apartment in Le Marais, Paris has resulted in the ownership of five properties valued at almost $3.5 million in today’s market. I was living in the apartment as a rental for the first two years, then the owners wanted to sell…but, I simply couldn’t bear to leave it and spent nine months figuring out how to buy it. That was just the beginning.