Le Lézard
Classified in: Tourism and vacations, Business, Covid-19 virus
Subjects: SVY, SCZ

Overseas Real Estate Trends 2021: 3 Places to Hunt for Profits in the New Year--InternationalLiving.com


BALTIMORE, Dec. 10, 2020 /PRNewswire-PRWeb/ -- "From the first days of the crisis it was obvious that the global response to COVID-19 was acting as a massive trend accelerator," says Ronan McMahon of Real Estate Trend Alert, a publication of International Living. "It's created big opportunities whether your goal is to own a bargain dream home in historic Europe for under $100,000 or build a sizeable portfolio of income-producing real estate.

"If you want to own property overseas, create a life of ease, travel, fun, and adventure; insulate yourself from the ups and downs of the stock market, and enjoy more financial and personal freedom, then 2021 promises to be an exceptional year."

McMahon argues in his report that investing in real estate (in the right way, in the right places) can make very good sense in a volatile world. He says, it can generate income, it's not subject to the rapid and wild fluctuations other asset classes suffer, it can make investors rich, and it's an asset one can live in and enjoy, too.

This new report from McMahon, which appears in the December 2020 issue of International Living magazine, details three locales to focus on for anybody seeking property?and potential profits?overseas.

Panama City and Pacific Riviera

One of the world's great safe havens, Panama is booming, vibrant, and set for a fast bounce back from the global crisis. Panama City has arrived on the world stage as a global hub city. Just like Singapore and Hong Kong, it's a global center of international finance and commerce.

"The World Bank now ranks Panama as a high-income nation," says McMahon. "It is a haven of safety and stability in a turbulent world; a destination for international people, multinational companies, and money. Land is scarce, trade is booming, and the middle class is growing fast.

"I've been following a mega Path of Progress west of the city to the Pacific Riviera. This year I've been able to bring several opportunities to members of Real Estate Trend Alert (RETA) to lock in killer deals steps from the closest, nicest beach to Panama City.

"And our track record here is good. In 2017 I brought members the chance to own steps from the sand in a phase of this amenity-rich community for $199,000. Late in 2019 I saw a listing for a condo farther back from the beach with only a side view...price $299,000. I expect more deals in 2021 as Panama continues its upward trajectory."

Mexico's Riviera Maya

Mexico's Riviera Maya has undergone a spectacular transformation over the last few decades. Massive investments in infrastructure have transformed this coast and driven huge profits for real estate investors. Today it's so much easier to get to the Riviera Maya for millions of people. Cancún Airport has four terminals and saw 25.4 million passengers in 2019. In fact, passenger numbers have just been rocketing year after year as new airlines and new routes open up.

"The crisis is but a temporary slowdown in the huge flood of visitors to the Riviera Maya," says McMahon. "This 80-mile stretch of coast is among the heavyweights of global tourism. It's been hugely successful at compartmentalizing different markets. Young trendy backpackers, families, couples, retirees... You'll find all-inclusive resorts, small-scale boutique hotels, and a huge and growing demand for rentals both short- and longer-term.

"Each year for more than a decade my team and I have scoured the Caribbean, visiting island after island in a fruitless search for a destination that matches the Riviera Maya for real estate plays. It is a truly spectacular destination, yet real estate prices are 40% less than any other comparable Caribbean spot we've scouted.

"In October 2017 I brought RETA members the opportunity to buy in the Tao Tulum community from $154,500. Earlier this year I accepted an offer for $225,000 on the condo I bought as part of that deal. That $225,000 is probably a bit less than market price. That's fine. My personal philosophy is that I'll take any offer that is double the amount of cash invested."

Costa Rica's Southern Zone

The sun dips into the vast Pacific horizon. The ocean breeze drops with a gentle stir of the foliage. You mix your cocktail on the terrace by the pool. And here it comes...right on time the wind switches, a soft evening breeze wafting down from the towering mountains.

In Costa Rica's Southern Zone folks measure time in the rhythm of the winds and waves, in the stir of the palm fronds, in the awesome glow of sunset every single day over the tropical ocean. Half of the region is protected national parks. Tall mountains rise steeply from the Pacific Ocean, stretching across the horizon, engulfed in lush jungle and crisscrossed with idyllic walking trails. The coastline is a long stretch of sandy beaches, natural, unspoiled, and uncrowded.

"All this is why the Southern Zone is compared with Hawaii and Tahiti by some folks," says McMahon. "The world is just discovering all this natural beauty.

"Road improvements mean the Southern Zone is now easily reached, yet restrictions on development mean it will stay boutique. Own the right property and you can lock in spectacular gain potential and tap into a huge and growing demand for rentals. I'm working on a deal here for members of my Real Estate Trend Alert. I hope to kickstart 2021 with this."

The full, detailed report from Ronan McMahon?including five real estate trends to following in 2021?can be found, here: Big Trends and Real Estate Opportunities for 2021.

Ronan McMahon is at the helm of Real Estate Trend Alert, a publication of International Living. He is also the author of the book, Ronan McMahon's Profit Principle: An Insider's Guide to Doubling Your Money in Real Estate Overseas. He produces a regular, free e-letter for people interested in owning good-value property abroad, called Roving Real Estate Investor.

Members of the media have permission to republish the article linked above once credit is given to Internationalliving.com

Further information, as well as interviews with expert authors for radio, TV or print, is available on request. Photos are also available.

For information about InternationalLiving.com content republishing, source material or to book an interview with one of our experts, contact Editorial Director for Web Content, Social Media, and PR, Donal Lucey, [email protected].
Twitter: @inliving
Facebook: https://www.facebook.com/International.Living/

About International Living

Since 1979, InternationalLiving.com has been the leading authority for anyone looking for global retirement or relocation opportunities. Through its monthly magazine and related e-letters, extensive website, podcasts, online bookstore, and events held around the world, InternationalLiving.com provides information and services to help its readers live better, travel farther, have more fun, save more money, and find better business opportunities when they expand their world beyond their own shores. InternationalLiving.com has contributors traveling the globe, investigating the best opportunities for travel, retirement, real estate, and investment.

Media Contact

Donal Lucey, internationalliving.com, +001 667 312 3532, [email protected]

 

SOURCE InternationalLiving.com


These press releases may also interest you

at 22:00
The "Global Clinical In Vitro Diagnostic Medical Laboratory Services Market: Strategy & Trends with Volume & Price Forecasts by Chemistry, Hematology, Microbiology, Pathology, Covid-19, and Molecular Dx by Country. Updated with Impact of COVID-19"...

at 21:50
Discovery Silver Corp. ("Discovery" or the "Company") today announced financial results for the three and twelve months ended December 31, 2023 ("Q4 2023" and "2023", respectively). The Company also provided a summary of key events since the...

at 21:45
The "Molecular Diagnostics at the Point of Care. By Application, Technology, Place, Product and by Country. With Executive Guides and Customization 2023 - 2027 " report has been added to  ResearchAndMarkets.com's offering. Infectious disease Dx is...

at 21:30
The "Whole Genome and Exome Sequencing Markets by Application, Organism and Product with Executive and Consultant Guides. Includes Direct to Consumer Analysis. 2023 to 2027" report has been added to  ResearchAndMarkets.com's offering. Will all...

at 19:35
Boat Rocker Media Inc. ("Boat Rocker" or the "Company") , an independent, integrated global entertainment company, today reported its financial results for the three months ended December 31, 2023 ("fourth quarter" or "Q4") and for the year ended...

at 18:45
The "Agricultural Sprayers - Global Strategic Business Report" has been added to  ResearchAndMarkets.com's offering. The global market for Agricultural Sprayers estimated at US$2.4 Billion in the year 2023, is projected to reach a revised size of...



News published on and distributed by: