A Rare Event on Mexicos Riviera Maya By International Living PostCards Dear International Living Reader, Global property scout Ronan McMahon is keen on the Riveria Maya and all of the early-in real estate opportunities it offers to savvy investors...so much so, that hes holding a rare and very special event there this November. He tells you more about what the Riviera Maya...and the event hes organizing...could mean for your future below. (Youll have to sign up to this priority list of readers to get the full details about this event. Dont delay—if you miss out, youll have to wait at least two years to attend another event like this very special one.) Erica Mills Managing Editor, IL Postcards P.S. Ronan appears here courtesy of Pathfinder, ILs preferred real estate advertiser. * * * A Rare Event on Mexicos Riviera Maya By Ronan McMahon Something big is happening on Mexicos Riviera Maya. This is a place and an opportunity that should be on your radar. Here the white-sand beaches are stunning. The Path of Progress is rolling down the coast from Cancun. New roads, bridges, and a government program designed to increase tourism numbers from 4 to 10 million are in place. Unstoppable North American demographic trends mean that more and more baby boomers want to live somewhere sunny, safe, affordable, convenient, and with First-World amenities south of the border. And, with high stock market values and recovering real estate values back home, they are buying property again. Mexicos economy is on the up. The middle and upper middle classes are now looking to this stretch of coast to buy their beach home or come for vacation. All of that means that the real estate market is turning hot. But, because were just coming out of a seven-year slump in sales volumes along this Riviera—thanks to the global crisis—theres an opportunity to get in at bottom-dollar prices. At this point in the cycle, a developer is much more easily persuaded to leave some cash on the table in return for quick, discreet sales to a select group of action-oriented buyers. Then he can go retail at a much higher price—prices that I expect will continue to rise. You wont just see a strong return on your property here either. The rental market is already very strong—thats before this stretch of coast starts to attract millions more visitors. Its not just accessible and attractive to North Americans either; Europeans have been coming here in large numbers for years. Thats why a nice condo here can rent for $200 per night. More importantly, newly (and longtime) affluent folks from Mexico City, and other major Mexican cities, are coming in their droves. The newly moneyed are coming from Brazil, Colombia and Russia, too. All this is happening at a time when only a small number of developers—the strongest and best in class—have been left standing along this Riviera. (Youll get to meet them in person this November, by the way. Find out how, here.)That means there is less inventory for all these buyers to chase. As I said, this is a market that I expect will continue its strong growth trajectory. But, it might just pop. By pop I mean property values may very, very rapidly rise. This could well happen at the tail-end of this year and early next year—thats peak buying season. Thats why Ive chosen Cancun (just one hour north of where Ive found the best real estate opportunity on this coast) as the location for the International Real Estate Investment Forum this November. For the first time in over two years, I have invited my trusted contacts from the hottest locales on my beat to one place—to present what I consider to be the strongest international real estate opportunities in the world right now. That place is Cancun. Not only will you be able to press the flesh with key contacts, youll also be able to put boots on the ground along this coast and see firsthand the opportunity on offer here. In particular, youll be able to hear about new pre-release opportunities that will be presented at closed-door sessions. These opportunities wont go retail until after this event. Thats why I cant publically confirm the details of the deals I expect to announce here. But, I can promise you they will be strong. Like condos in a luxury, amenity-rich gated community from the $150,000s. Or spacious two bed condos in the closest community to Tulums stunning, white-sand beach from the $180,000 mark. This rare event promises to be a deal fest. The moment to take advantage of all of the opportunities Ive uncovered for you is now—before the market really takes off with retail pricing following. After you down your pencil and notepad at the event—youll want to take notes about all the deals well discuss—youll be able to leave our comfortable meeting room and see for yourself the communities I’m talking about in or within an hour. Youll see each of the opportunities in one place, at one time...and with access to all the contacts you need to vet each opportunity. And, youll get to pick the brains of fellow attendees, in breakout sessions...at cocktails on the beach...and during organized, opportunity-focused excursions. If you are serious about international real estate...whether its to make money, diversify your portfolio, or just to lock down your own piece of paradise at special pricing, this is a place and event you need to put on your diary. The only way to hear more about this event...and to reserve your seat with a special discount...is to put yourself on this priority list of readers today. I look forward to seeing you in Cancun.
Posted on: Thu, 03 Jul 2014 01:42:51 +0000
Trending Topics
Recently Viewed Topics
© 2015