Saturday, November 22, 2014
There's one community on Mexico's Caribbean coast that keeps grabbing Ronan McMahon’s attention. It’s on the cusp of an explosion in popularity…which means property prices are set to boom.
When they do, you'll be hard pressed to find an opportunity as affordable as the one Ronan outlines below.
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$550 a Month: Your Own Money-Making Condo Near the Best Beaches
The best beaches in Mexico are just 70 minutes down the coast from Cancun. It's a place of utter beauty and tranquility—azure blue water and total silence except for the roar of the surf.
But it's not just about white-sand beaches. This region is rich in culture, history, and natural beauty…Mayan ruins and exotic wildlife.
Offshore, the world's second-longest coral reef, teeming with brightly-colored tropical fish, hugs the coastline. This area attracts divers, snorkelers, golfers, hikers, potholers…it's all here.
This is Tulum, an area that is starting to boom in popularity. But the chance to own here is limited. That's because of the Sian Ka'an Biosphere (a nature preserve just outside Tulum), which is surrounded by wild jungle and ancient Mayan cities.
The protected biosphere reserve means that much of the land in Tulum can't be developed. This is a natural barrier to entry and future competing supply.
The land that can be developed will only feature low-rise and low-density developments—there'll never be a mass market sprawl here. Tulum will remain a secluded, high-end paradise.
However, right now, in a quiet wooded corner here, just off the third fairway of a world-class golf course, you'll still find an opportunity to buy at an incredible price.
On offer are loft condos, within an established resort community, which offers amenities and entertainment like golf, yoga, massages, and more. These lofts will soon be released. But thanks to a special deal I've negotiated, there’s a way to buy now—at $32,500 less than the launch price. Members of my Real Estate Trend Alert group can take advantage of this deal. (You can, too, when you register for the Open House here.)
As part of this members-only deal, you could lock down one of these luxury condos with monthly payments of just $550.
This is an area that will continue to grow in popularity in the coming years. As more folks catch on to what this community—and Tulum—has to offer, more will want to vacation here or buy a second home, which means more renters will want to stay in the condo (when you're not using it for yourself, of course) and more prospective buyers will want to take it off your hands when you feel it's time to cash out.
Tulum is, and will stay, boutique. This is where you'll come for a yoga retreat, to learn a new skill, or to just chill. There are trendy new restaurants, too, and you'll get to see the strength of the vacation rental market here.
With a small down payment and manageable monthly payments of only $550, you could choose to spend as much time as you wanted down here—and find a sizeable and constant rental market when you weren't using the property. Renters will come here in their droves. These condos are in a luxury boutique community that's part of a major master resort community.
This is a place where you’ll want to spend time, which is one of the reasons for the profit potential we have. As more folks catch on to this region, the number of people who will want to come for vacation or to buy a second home will increase—which means more renters and prospective buyers for us (when it’s time to cash out).
P.S. I’ve arranged a scouting trip to this part of Tulum for Dec. 11-14. It’s for Real Estate Trend Alert members only. You’ll be able to pick up your invitation as soon as you register for the Open House.