Why Condos Sell for $15,000 on This Caribbean Island

A condo on a stunning Caribbean island for only $15,000.

That’s not a typo. I didn’t forget to add a zero. Just $15,000. And the island has incredible beaches like these…

This breathtaking beach is on a Caribbean island that was once a major tourist destination. Property prices there are now insanely low…

I know what you’re thinking. There must be a catch. You’re right, there is. And it’s an enormous one.

The condo, and the Caribbean island, are in Venezuela.

Venezuela should be one of the world’s wealthiest nations.

It has the largest known oil reserves on the planet, rich agricultural land, incredible natural wonders like the tallest waterfall in the world, and glorious Caribbean islands perfect for attracting tourists.

But for the past decade, the country has been mired in political and economic chaos.

Inflation spiraled out of control…people starved due to soaring food prices and critical shortages of everyday goods…murder rates hit world-leading levels amid mass desperation… suicide rates skyrocketed as lives were left in tatters…

The security situation became so bad that even soldiers were advised not to drive at night.

Millions fled overseas to escape the humanitarian disaster.

It’s a sad tale—a prime example of how government corruption and terrible economic ideas can squander even the most incredible natural advantages.

But by the same token, there’s always the potential for the situation to turn around. And this reversal in economic fortunes could happen very quickly in Venezuela given the country’s immense tourism potential and vast mineral wealth.

If you were to buy the right real estate amid such a turnaround, the gains would be extraordinary.

Because of this potential, I’ve had Venezuela on my radar for some time. And as it happens, over the past year or two there have been pin pricks of light amid the darkness there.

Security has been improving. People have been trickling back. Inflation has been falling. And the economy has started growing again.

All of which raises a question…

Is there now an opportunity in Venezuela?

Venezuela is home to some of the most stunning beaches on the Caribbean. If the country could achieve long-term stability, the opportunity here would be incredible…

The Power of Crisis Investing

Crisis investing is one of the most powerful ways to profit as an investor. Often you’ll hear people describe this strategy with an old quote attributed to the 19th century British financier Nathan Rothschild, “Buy when there’s blood in the streets.”

A crisis is a time to snap up an asset cheaply. Then when the crisis recedes and the true value is recognized, you have an asset that’s worth many times more than you paid for it.

I’ve previously brought some incredible crisis plays to my Real Estate Trend Alert group. In the wake of the 2007-2009 global financial and housing crisis, I identified fire-sale opportunities in Ireland and Spain, two of the most badly impacted countries. These were double-your-money deals. RETA members who followed those plays are sitting on gains of €102,100…€125,000…even €191,000 or more. (See the box below for full details.)

To see uplifts like these, though, you have to find the right crisis. Not every crisis is an opportunity. That’s because to find opportunity in a crisis, you need to see a clear path to recovery.

This is the question we now need to answer on Venezuela: Are the recent improvements there a temporary respite from the chaos, or do they mark the start of a stable, longer-term turnaround?

And given that today we can snap up Caribbean island condos from the insanely low price of $15,000, is the time right to invest in real estate there?

Set in the Caribbean Sea off the coast of Venezuela, Margarita Island is home to scores of breathtaking beaches. This was once a tourism hot spot. And under the right conditions, it could be again…yet you can buy condos here for as little as $15,000.

Note: This is the introduction to the brand-new monthly issue of Real Estate Trend Alert on crisis investing in Venezuela. In this issue, you’ll find…

  • Links to listings for incredible condos on a stunning Caribbean island selling from just $15,000.
  • A boots-on-the-ground report from my contact in Venezuela on the security and economic situation there today.
  • My analysis of whether the moment is right to invest there.
  • A guide to the top three destinations to own in Venezuela if the situation is turning around.
  • Plus, much more…

To continue reading, you need to be a member of my Real Estate Trend Alert group. But right now, I’m giving you the chance to join RETA with a special introductory offer.

With this special offer, you can try Real Estate Trend Alert for 30 days, 100% risk-free! When you sign up, you’ll get immediate access to this new issue of RETA as well as everything else RETA has to offer. You’ll even get a free copy of my book, Ronan McMahon’s Big Book of Profitable Real Estate Investing. And if in 30 days you find it’s not for you, you can claim your money back in full.

Click here to join RETA now and get immediate access to the latest RETA issue on crisis investing in Venezuela.


Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert

P.S. To be clear, when you join RETA today, you’ll not only get access to the new RETA issue on Venezuela, you’ll get full unlimited access to everything RETA has to offer—all my books, reports, video courses, members-only deals…everything. This is your chance to kick the tires…poke your head under the hood…and see for yourself if you think RETA is a good fit for you. And it’s 100% risk-free. Click here to join RETA now with this special offer.

Your Daily Dream Home

Hagfors, Sweden


Just a 10-minute drive from the city of Hagfors in west central Sweden is this charming country home. The area is a popular fishing, canoeing, and wildlife spot.

The first floor has a kitchen, a living room, a dining room, and a bathroom. On the second floor you’ll find another living room, and a bedroom. Outside there is a sizable garden and an outbuilding.

Click here to find out more

Remember, we don’t make money from any listing shared here in the Your Daily Dream Home section. We have no dog in the fight. We’re just sharing cool properties we’ve found.

I haven’t visited this property or done due diligence on it. If you’re interested in the listing, you should hire an attorney and do your own due diligence.

Sign up to Overseas Dream Home now, and Discover The Best Places in the World to Buy Real Estate 2024.

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Transparency is important to us. So you should know that properties and development projects detailed in Your Overseas Dream Home may be clients of Pangaea Ltd, trading as Pangea, a real estate advertising company whose adverts appear in International Living Publishing Ltd publications. Should you purchase a property from one of the real estate developers, real estate agents or property owners you read about, Pangea may receive an advertising fee from those real estate developers, real estate agents or property owners mentioned and International Living Publishing Ltd., along with certain marketing companies who contract directly with Pangea, may receive a portion of that fee.

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