Money seeping into your bank account. Regularly. Like clockwork. You hop from your comfortable bed after a restful night to find thousands of dollars have magically appeared.
Rental income! It’s among the most wonderful things in the world.
I still get a sense of quiet satisfaction every time I see rental income hit my bank account. It’s as if by some miracle…
But it all comes down to simple economics. Own one of the most coveted things in the world—best-in-class real estate in desirable destinations—and people will pay you good money to use it.
Here’s a real-world example involving a member of my Real Estate Trend Alert group…
Several members of my team recently put boots on the ground in Santa Maria Golf and Country Club, in Panama City…
Covering 692 acres, Santa Maria is stunning and luxurious. It boasts a golf course designed by Jack Nicklaus. A Marriott Luxury Collection hotel (with a chic café and great restaurant). And plans call for a top-notch country club, with an Olympic-sized pool, bowling alley, spa, gym, running track, yoga, squash, and tennis…
I’ve brought RETA members several exclusive, off-market deals here. One of those was in October 2020 in a community in Santa Maria called Ocean House, and one RETA member bought a two-bed condo here for $268,200.
My scouts viewed this condo in September and were told that it’s renting long term for $2,600 per month. That’s a gross yield of nearly 12%. Renting long term! They were also told that it would list today for more than $368,000.
Picture it…an uplift of almost $100,000 and $2,600 dropping into your bank account every month for owning in a country club in one of the great world cities.
It’s incredible. But here’s the thing… You’ll find lots of opportunities like these when you know where to look overseas.
Let me give you an example from my own portfolio…
I own properties around the world. Some of them are pure investments, some are lifestyle plays, some are a mix of both. Those investment/lifestyle properties are a vital component of the life I have built. They do double duty as a place where I can spend time and a place that generates income for me.
Take my condo in Los Cabos, Mexico…
I bought my condo in Cabo in the 5-star Quivira master-planned beach and golf community in 2015 as part of an exclusive, off-market deal I brought to RETA members. The RETA members-only price on a two-bed, two-bath ocean-view condo in the best-in-class Copala community in Quivira was $336,156. An identical condo to mine two floors above later listed for $725,000. That’s $388,844 more.
I now spend time at my Copala condo each winter. I enjoy the perfect weather, the incredible food, the outstanding golf, and the beachside lifestyle. Then when I’m on the road, I rent out my condo long term to a single tenant.
This year, I’ve been earning $3,000 per month in gross income from renting out my Copala condo. On an annualized basis, that’s a gross yield of over 10%.
Renting longer term like this is a great income strategy since there’s less hassle and less wear and tear compared to renting short term. And you can still use your condo.
In Cabo, I’ve found a tenant that’s happy to work around my return dates. So, this kind of strategy is achievable. The key is knowing what to buy…and where…
Of course, renting longer-term like this is not a “can’t miss” play. It’s all about buying the right real estate in the right location. The key is to buy in an attractive destination…somewhere desirable where people want to be for extended periods.
Costa del Este in Panama City is one of those locations…
As I’ve been telling you for the last few days, Panama City is a chic, vibrant metropolis drawing in people and businesses from across the globe.
And its newest, most fashionable neighborhood is Costa del Este, a prestigious, 766-acre master-planned district successfully designed and developed to attract multinational companies and their staff to Panama. (You can read more about Costa del Este here).
Costa del Este has a glistening skyline, rising up between the rest of the city and the international airport. It’s home to over 50 multinational companies—Proctor and Gamble, IBM, Microsoft, Maersk, Haliburton, L’Oreal, Nestle and on and on…
And when you live here, the best restaurants, the best healthcare, superb international schools, fantastic shopping…they’re all on your doorstep.
This is why everyone wants to be in or close to Costa del Este…
- For business executives it’s the ideal location…close to their workplaces…
- Wealthy Panamanians seek its luxury living and modern amenities in a prestigious address.
- Retirees from overseas love the lifestyle and easy access to cutting-edge healthcare.
- Young entrepreneurs come for access to wealthy clientele and a supportive business environment.
- Employees of embassies, consulates, and international organizations stationed in Panama thrive in Costa del Este, too…
Tomorrow, I’m bringing members of my Real Estate Trend Alert group an incredible opportunity to own here in the stunning community of Ipanema, on the cusp of Costa del Este.
Ipanema will be a landmark building with stellar amenities in the perfect waterfront location. It’s exactly what many of these folks are seeking…and are happy to pay for.
I expect once the community is established you could easily rent your condo here for $3,000 a month. That’s income of $36,000 a year, or a near 11% gross yield.
And this will be an incredible place to spend time, if you choose to.
This community—Ipanema—is an oasis of relaxation and luxury. Your building is a spectacular landmark—one of two buildings shaped like the wind-filled sails of a frigate, billowing out into the Pacific Ocean.
The huge amenities area that you will get in Ipanema includes a 50-meter pool, stylish gym, bar, bistro, waterfront park, and of course epic views of Panama City’s skyline.
Ipanema will be a landmark in more than just its design and level of luxury amenities. It’s on the last piece of land of its type in the city…
The population of Panama City is constantly rising. And demand for high-quality residential real estate in the city center is soaring. And almost nowhere for development to go, to get a prime piece of waterfront land at the heart of the city next to Costa del Este is a total triumph.
As I say, this deal opens tomorrow (Wednesday, November 20) at 1 p.m. ET exclusively to RETA members.
That’s when members can own a luxurious condo in this incredible community from a screaming RETA-only $328,600.
And I expect gains of $271,400 eight years after delivery and gross yields of nearly 11%—that’s income of $36,000.
But there are only 15 condos available.
If you’re not yet a RETA member and would like to get on this deal, there’s still time to join and get access to this members-only deal. But you need to do it today…all the details for joining are here.
Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert
P.S. Visionary developer Alfredo Aleman and his GLP group have masterminded the most exclusive and unique communities in the city. This includes Ipanema and Santa Maria.
Click below to watch an interview that I recorded with him for RETA members.