In this week’s Your Overseas Dream Home Digest…
- Full Steam Ahead at Punta Laguna
- Scouting the Asian Mega-City in Latin America
- The World’s Best Capital City for Lifestyle and Investment
- What My Scout Found in Panama’s Fastest-Growing Beach Town
- Your Questions Answered on Buying in Portugal’s Undiscovered North
I’m delighted to share an update for the members of my Real Estate Trend Alert (RETA) group who bought alongside me in Punta Laguna at Corasol.
For those who unfamiliar with it, Corasol is a near 500-acre master-planned community in Playa del Carmen on Mexico’s Riviera Maya, and it’s fast becoming a reserve of the discerning and wealthy.
This is an extraordinary beachfront and golf community and I’m so glad I bought here.
With high-end amenities, proximity to one of the best beaches in Playa del Carmen,
and the huge potential of both Playa del Carmen, and the Riviera Maya in general,
Punta Laguna was a very special RETA-only deal.
Now I’ve received incredible new photos from the site. All I can say is wow, things have really progressed in the last few months!
Buildings are shooting up at Punta Laguna in Mexico’s Riviera Maya. I bought here alongside RETA members.
RETA members have already seen some significant price increases at Punta Laguna. For example:
- Two-bedroom condos have already seen an uplift of up to $113,400 on the RETA only pricing.
- Three-bedroom condos are doing even better, with uplifts of up to $141,000 on the RETA only pricing.
Even with these increases, Punta Laguna remains a compelling value proposition.
The price per square foot that RETA members paid is lower than comparable communities in Playa del Carmen and well below anything that will be built in Corasol in the future.
Scouting the Asian Mega-City in Latin America
My scout Ciaran Madden just spent 10 days with boots on the ground in Panama…
Two decades ago, I walked the streets of Panama City and saw a place on the cusp of a transformation. What Ciaran saw during his trip confirms everything I’ve long believed about Panama’s extraordinary trajectory.
Ciaran compares the Panama of today to the Taipei, Singapore, and Hong Kong of twenty years ago. Towering new skyscrapers, massive infrastructure projects, and a government determined to turn this small country into a global hub.
And the parallels don’t stop there…
Panama, like Singapore, is leveraging its strategic location and business-friendly environment to attract capital and talent from all over the world.
Ciaran shares what it’s like to stand amid this boom, to tour communities rising from the coastline, and to realize you’re looking at a skyline that now rivals those of Miami, L.A., and even Beijing.
Read more about the parallels Ciaran found here.
Spot the difference! On the left is Singapore, on the right Panama City.
The World’s Best Capital City for Lifestyle and Investment
Next Ciaran took a bird’s-eye video of Panama City.
He went from a five-star hotel overlooking a Jack Nicklaus golf course…to man-made islands where condos sell for millions…to the edge of the Pacific where a new beachfront community is taking shape.
What he found is extraordinary.
In places like Santa Maria and Ocean Reef, international wealth is flowing in. And prime land is running out.
That scarcity is creating a development “moat”—and a powerful setup for property value gains.
Click here to read his full report.
RETA scout Ciaran Madden and videographer Noah Duethman during their helicopter flight over Panama City.
What My Scout Found in Panama’s Fastest-Growing Beach Town
At the end of his 10-day scouting trip in Panama, Ciaran ventured beyond the gleaming towers of the capital…to a beach town just 80 minutes away that’s shaping up to be one of the most exciting real estate stories in Latin America.
He found a place alive with energy—surfers riding Pacific waves, kids playing soccer on the beach, and teenagers diving into the warm waters.
This is Playa Caracol, a beach community rising fast from the sand…where Margaritaville-branded residences are already selling out, and talk is swirling of a second beachfront development, an oceanfront amphitheater, and even a golf course.
Ciaran shares what it was like to wake to the sound of waves, and step straight from his living room to the ocean in under a minute.
He also reveals just how far ahead my RETA group has been here—with members locking in condos from $214,300 that now list for $330,000.
Read more on Ciaran’s experience of Playa Caracol here.
The Radisson hotel in Playa Caracol. Major international brands like Radisson and Margaritaville are moving in here.
Your Questions Answered
Have a comment for me or my team? A question about owning overseas? Share it here. I’d love to hear from you. Here’s a question I got from a reader recently…
Ron B. asks: I have not been there yet, but have been researching Portugal for retirement…mostly the Porto area. I look forward to more places like Caminha that are relaxed, more “water-based” with great food, wines, relaxing times, culture, entertainment, good healthcare and easy access to Spain and around.
Ronan says: Hi Ron. Thanks for getting in touch. And I can think of worse places to retire to!
The stunning towns and cities north of Portugal’s second city of Porto boast incredible soft-sand beaches…rich history and culture…and stunning food and architecture—basically, all the elements that make destinations to the south so appealing.
But they are virtually unknown to foreign tourists, expats, and second home owners. And because of this, prices in these towns and cities are astonishingly affordable.
This is Portugal’s “undiscovered north.”
In the far north of Portugal, you’ll find stunning stretches of Atlantic coastline like Ofir beach. But this region is virtually unknown to the tens of millions of foreign tourists who flock to Portugal each year.
This stunning region flies under the radar today, but very soon, I believe that will change. This region will be discovered. And I anticipate prices will soar. That’s why I bought a home in Caminha last year.
I was there recently to check up on the renovation work I’m having done and to do a little scouting. I’ll soon report more fully on what I found in Caminha. Stay tuned.
Wishing you good real estate investing,
P.S. If you have a question about buying real estate overseas or have suggestions for destinations my team and I should put on our scouting list, drop me a line here.
