Find your own slice of heaven in the international real estate market...
International Living Postcards-- Saturday Edition
Saturday, Nov. 25, 2006
Paris, France
No matter where you're spending your Thanksgiving weekend, I promise: It's about to get a whole lot better.
I've negotiated on your behalf savings of up to $195,345 (and more) on real estate in Nicaragua, Panama, Honduras, and Belize. In addition to cash discounts, you can also get free pools, complimentary VIP trips, free flights, and percentage discounts on your total purchases.
We've told you about the developments offering these discounts, savings, and perks before, so my notes below only briefly review each one. The point here is the discounts on offer, worth as much as $60,000 on a single deal.
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Saturday, Oct. 7, 2006
The Ryder Cup is two weeks over, Team USA has returned home in defeat. But while Europe may have better golfers, the Americas may have better golf resorts. Certainly, better for your wallet. At one resort I know in Nicaragua--Iguana Beach--a condo and club membership will cost you the same as the membership alone at the K Club, where the Ryder Cup was staged.
I won't pretend to know anything about bogies, sand traps, or the 19th hole. I'm not in the golf business. But I am in the real estate opportunity business, and I know eight golf developments in Latin America right now that are worthy of your attention:
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Saturday, Sept. 23, 2006
Here at International Living, our radar screen is continually refreshing itself. Where best to put your international real estate investment dollars if capital appreciation is your agenda? Today's answer can be very different from yesterday's…and nothing like tomorrow's.
If you're shopping right now with capital profits in mind, here's where to consider looking:
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Saturday, Sept. 9, 2006
If you're actively in the market to buy a piece of real estate in another country…you're making inquiries…your e-mail address is finding its way onto developer, agent, and promoter lists…and you're seeing the offers, typically attached to pre-construction buys: "Three-year rental guarantee of 12% net," for example. Can this be for real, should be your first reaction. And the short answer is, no, probably not.
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Saturday, Sept. 2, 2006
Kathie and I are interested in purchasing another building renovation project in Casco Viejo, Panama. In the city last week, we spent an afternoon walking around looking for prospects. Prices have doubled in the past three years, so it's harder and harder to find a good deal. That's why, when a contact told us about a big corner building just a couple of blocks back from the main plaza available for a bargain price…our first question was, "What's the catch?"
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Saturday, Aug. 19, 2006
In the world's hottest markets, you need to be prepared to act quickly.
I'm not suggesting you should decide today to buy an apartment in, say, Buenos Aires…then, without further consideration or research, proceed immediately with a purchase.
What I am saying is that you need to identify those markets that interest you, arrange your contacts, understand the market dynamics and prospects, research the process of purchase and the potential pitfalls…and then begin looking for a particular piece of property to buy.
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Saturday, July 15, 2006
Paris, France
Buying foreign real estate can be intimidating and sometimes risky. If you're thinking about acquiring a second home or first investment abroad, you may be worried about the stories you've heard. You know--the ones where, having written the last check to the real estate agent, local officials knock on your door to inform you that you don't actually own your new house on the beach…you were misinformed and you need to move out right now.
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Saturday, June 10, 2006
Paris, France
Dear International Living Reader,
"I know that Lief Simon is still advertising that he has never lost money in a deal, but I'll tell you that I have lost a lot of money following his advice. This is a very risky business if you are not where the investment is and an expert in that local real estate. And it's especially dangerous if it's one of the pre-construction deals that this operation loves to hype. One never knows what the situation will be a year or two in the future. I would avoid these enticements like the plague!"
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