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, as well as lush plant life from towering tropical hardwood trees to delicate orchids and sturdy bromeliads sprouting from branches.
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.
- Escape to Warmer Climes and Live off Your Property Investments
Posted on November 5, 2013 by Sarah Booth
I purchased my first rental property in the ski resort village of Whistler, BC, Canada, when I was 23-years-old with a very small down payment. At the time, I was working as reservations manager for a property management company so I had first-hand knowledge of the strong returns that could be achieved through rentals. Over the following eight years, I proceeded to buy, renovate, rent short-term, and ultimately sell nine Whistler properties.
- Brazil’s New Middle Class Could Mean Big Opportunity for You
Posted on October 25, 2013 by Ronan McMahon
“My maid now eats yogurt,” a contact told me on a visit to Fortaleza, Brazil in 2009. It may seem like a strange thing to notice but it’s a sure mark of how Brazil is changing. Yogurt is a premium product in Brazil—and my contact’s maid was changing her consuming patterns in line with Brazil’s new middle class.
- You Could Have Doubled Your Investment if You’d Taken My Advice…
Posted on October 23, 2013 by Ronan McMahon
At Real Estate Trend Alert my beat is to find places where real estate is undervalued and where something is set to happen that means values will increase. I call this “the trigger event.” This trigger event could be a fast-growing, new, middle class or new infrastructure projects that will bring improved accessibility.
- The Top Three Best Places to Retire Overseas to Buy Real Estate
Posted on October 22, 2013 by Barbara Ross
Buying real estate overseas is different in each country as they all have their own laws and rules to abide by. But once you have an in-country attorney the process should be straightforward. In International Living’s annual Global Retirement Index 2013 we took real estate into consideration when coming up with the best places to retire overseas.
- An Unusual 32-year-old Way to Buy Real Estate Overseas
Posted on October 21, 2013 by Nick Hodges
If, like many Americans, your greatest source of personal wealth is in your IRA, you may be wondering how to best utilize that investment to safeguard it and watch it grow. You’re not alone. Concerns about the stability of the U.S. dollar have generated a greater interest in all manner of offshore investments—foreign real estate in particular.
- The Secrets to Finding a Rental for a Trial Run in Europe
Posted on October 17, 2013 by Valerie Fortney Schneider
You’ve made plans, set tentative dates…you’re almost ready to take off on your three- or six-month European tour…the next step is a roof over your head. But the short-term rentals offered online can be sickeningly expensive. Fully furnished and ready to go they may be, but with prices often multiples of those you’ll find on the ground, there are better ways to look.
You’ve heard the economy is slow. You can see it for yourself just walking down main street. But one place you won’t find any sign of it is among the pages of luxury real estate listings. Floods of cheap money are working their way into the luxury real estate market at home and in world cities like London, Melbourne, Hong Kong and New York.
Cuenca is known for its rich intellectual and artistic traditions that match its colonial architecture. It is famous for its colorful festivals and is one of three UNESCO World Heritage Sites in Ecuador. Located on the southern edge of the mountains, Cuenca is Ecuador’s third largest city. Here foreigners have the same rights as citizens to own property…and real estate in Cuenca is a bargain.
Now is a pretty good time to buy. Thanks to a weak economy and the flight of the wealthy to tax-friendlier countries, housing prices in most parts of Paris were (and continue to be) on their way down for the first time in over a decade. According to a recent Bloomberg news report, Paris prices fell by 2% in the last quarter of 2012 and sales volume is down by 20%. What’s more, prices are likely to fall further over the next year.
There’s always room for wealth creation. Despite the world’s economic woes, the number of people with $30 million or more in net assets rose by 5% globally last year. And according to the Frank Knight Wealth Report 2013, over the next 10 years there’ll be a 50% rise in the number of people breaking that barrier.
Cariocas, the laid-back residents of sensuous Rio de Janeiro, welcome 1.5-million vacationers a year. But when it’s time for their own vacations, many of them head to the Região dos Lagos, or “Lakes Region,” also known as the Costa do Sul (Southern Coast).
For thousands of years skiing was just a way to travel in winter, carry mail and goods to snowbound towns, or—believe it or not—charge into battle. Then in the mid-19th century the first races took place and before long enthusiastic amateurs had taken up the sport.
France is nice, I guess. Lavender fields and a vast wine country surely hold a certain appeal. But it’s Italy that captures the heart and feels like home. My cousin bought a house in a lovely little village in southern France, but when she comes to Basilicata, Italy she feels a pang of regret. How could she not, with so much home-spun seduction enveloping anyone who sets foot in the region?
Prepare to buy in Panama. I first scouted real estate opportunities here nine years ago and since then there has been a lot of changes. The canal is being expanded with a $5.25 billion investment and an investment of $1.9 billion investment in a new city-wide metro. Balboa and Colón were two of Latin America’s busiest ports last year.