In this week’s Your Overseas Dream Home Digest…
- A New Opportunity in Europe’s Best Beach Town
- VIDEO: Lagos Is Joining Europe’s Coastal Elite
- Why These RETA Members Bought in Lagos
- WATCH: This Town Has Delivered Big Time
- Your Questions Answered on Buying in Ireland
Greetings from Lagos, Portugal…
This is my favorite town on Portugal’s Algarve coast—a place where ochre cliffs plunge into clear Atlantic water and a string of golden beaches wrap around a beautifully preserved old town.
Here, you can wander medieval streets in the morning, stop for coffee in a sunny square, spend the afternoon swimming beneath towering cliffs, and finish the day at the marina as fishing boats and yachts return to port.
Earlier this week I did something I’ve never done before in the 18-year history of Real Estate Trend Alert—I revealed an exclusive new, off-market RETA opportunity live from the ground here in Lagos.
For two days before that, I’d walked the site, met with the developer, spoken with local contacts, and carried out the final stages of due diligence—before presenting the opportunity to RETA members live.
Excitement is already high.
Lagos is one of Europe’s most complete lifestyle destinations—and a place where members of my RETA group have seen incredible uplifts on past deals. (More on that in a moment.)
In this week’s digest, I’ll share my latest YouTube deep dive on Lagos and introduce you to three RETA members who bought here before the wider market really caught on. I’ll also share RETA’s track record here and answer a reader’s question about buying in Ireland.
But let’s begin with an overview of the new deal—because it’s sensational…
While scouting Lagos this week, I toured the stunning clifftop trails at Ponta da Piedade. For a guide to Lagos, get the background on this stunning destination in my latest YouTube deep-dive.
A New Opportunity in Europe’s Best Beach Town
As I say, earlier this week, I revealed details of the upcoming RETA opportunity in Lagos.
This is a chance to own in a boutique luxury community of just 40 condos.
Dona Ana Beach—ranked among the finest beaches in the world—is around five minutes away on foot. Camilo Beach is only a little farther. The famous Ponta da Piedade cliff walk, hidden coves, and Lagos’ historic old town are all close by.
The community is not just beside one beautiful beach. It’s at the heart of the entire Lagos lifestyle.
That’s what makes this location so compelling.
The community itself is equally special. Although there are only 40 residences in total, there are four pools—including a rooftop pool with Atlantic views—plus a heated indoor spa pool, sauna, jacuzzi, gym, yoga area, fire pit, and BBQ area. Plus four elevators.
It offers many of the benefits of owning a multi-million-euro villa in an easy lock-and-leave condo.
I expect gains of €255,000 five years after delivery and gross rental yields of over 10% once the community is established.
I’ll open this deal exclusively to RETA members on July 1. As I say, there are only 40 condos and I expect them to go fast.
Developer’s renders shouldn’t be considered final but give us a great idea what to expect, which is a true boutique luxury community in the most desirable beach-studded area of Lagos.
VIDEO: Lagos Is Joining Europe’s Coastal Elite
If you want to understand why I rate Lagos so highly, check out the latest episode of The Ronan McMahon Report.
I’ve been scouting this town for well over a decade. In the video, I explain why Lagos has entered a new phase.
Where other towns on the Algarve built towers over their beaches, Lagos held the line: low-rise, protected coast, old town preserved. Boutique luxury, not sprawl. That restraint is exactly what keeps it scarce, desirable and valuable.
Today, global luxury hospitality brands, international buyers, and institutional investors are arriving, but strict planning rules and limited land mean supply simply can’t keep pace.
It’s exactly the sort of moat I look for—one that makes exceptional real estate increasingly valuable.
Click below to watch the video now. And when you’re done, share your thoughts or questions in the comments. My team and I read them all.
In this new deep-dive on my YouTube channel, I take you to my favorite beach town on the Algarve…the same town I’m scouting right now. Click to view…
Why These RETA Members Bought in Lagos
RETA members understand the appeal of this town. They’ve been buying here since RETA’s first Lagos deal in 2019.
Here are three members who have shared their stories…
Patty Farmer originally came for the investment angle—but ended up moving to Lagos full-time after falling in love with the lifestyle. Today she owns multiple properties there and says one of her few regrets is not buying even earlier. Read her story here.
Jennifer Stevens, Executive Editor of International Living, spent decades reporting on the world’s best overseas destinations before finally deciding to become a buyer herself earlier this year. She and her husband chose Lagos because it ticked all their boxes. Learn more here.
And RETA member Brad Costanzo, from San Diego, bought not one but two Lagos condos through RETA. Portuguese financing allowed him to amplify his returns, while the appreciation of his properties has far exceeded his original expectations. Read Brad’s tale here.
Three RETA members. Three different experiences. Together they paint a compelling picture of what makes Lagos such a special place to own real estate. And why buying the RETA way is a smart move.
International Living’s Executive Editor Jennifer Stevens and her husband, Pat (left) and Brad and Kenia Costanzo (right) are just a few of the RETA members who have bought in Lagos.
WATCH: Lagos Has Delivered Big Time—Here’s the Proof
One of the reasons I have such confidence in the upcoming Lagos opportunity is the developer behind it.
The same developer was responsible for the Adega, Dona Maria, and Dona Ana Beach Residences communities in Lagos, where I’ve also brought RETA members opportunities.
Those turned out to be stunning communities.
Deal after deal with the same developer—and the results have been six- and even seven-figure uplifts for the members who acted.
Today, I want to share a video taking you inside past RETA deals in Lagos—and show you the huge uplifts they’ve already delivered for RETA members. Click below to view.
Take a tour of delivered RETA deals in Lagos and the incredible uplifts they have secured for members.
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…
Richard S. asks: What process would an American citizen go through to buy the listed castle in Ireland?
Ronan says: Hi Richard and thanks for your question, which follows on from the stunning listing for Ardfinnan Castle, which I shared recently. (If you missed that, you can read all about this Irish castle here.)
The property buying process in Ireland is a formal, solicitor-led system that differs from the process in the United States.
The first and most important step for any buyer is to engage a solicitor. In Ireland, all legal aspects of the property transfer, known as conveyancing, are handled by solicitors representing the buyer and the seller.
Your solicitor will conduct all necessary due diligence, review contracts, and ensure your interests are protected throughout the process.
Ardfinnan Castle’s riverside setting is one of its most distinctive features. The sale includes fishing rights along both banks of the River Suir and rights over the central river island shown here.
Once you have found a property and agreed on a price with the seller’s real estate agent, you will be asked to pay a booking deposit.
After the booking deposit is paid, the property is marked as “sale agreed.” Your solicitor will then receive the contracts and title documents from the seller’s solicitor for review. This is the crucial period for you to have a structural survey of the property carried out by a qualified engineer or surveyor.
If you’re buying an 800-year-old castle, this step will be particularly important!
Once your solicitor is satisfied with the legal documents and you are happy with the survey, you will sign the contracts and pay a non-refundable contract deposit. Once the seller signs the contract, the sale becomes legally binding.
There’s more detailed information in my guide to Real Estate in Ireland.
But one final point: buying property in Ireland does not automatically confer any residency or visa rights. An American citizen can own Irish real estate without becoming an Irish resident.
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.
