Con Murphy is an Irishman with a taste for adventure who set out early for an eclectic career in real estate that has spanned the globe.
Con has done it all, from scouting, buying, and selling from Ireland to Africa and then on to markets across Europe and the Americas. Con timed his positions to get out of Europe’s property market days before the 2008 bust and then went on to focus on emerging opportunities in Central America.
Most recently, Con has been a property developer and off-grid builder in Belize… but he’s never lost his love of the thrill of chasing a deal.
Knowing the industry from both sides, Con can spot the cowboy operators and grifters from across the street… and his extensive and diverse experience makes him the best you’ll find at sniffing at markets poised for growth.
Now, after decades of investing across the globe for his own account, Con is ready to share his hard-won knowledge, perspective, and insights to our readers, pointing you in the direction of profit.
Your villa is close to a popular tourist destination; great restaurants; supermarkets and shops; tourist activities such as dune buggy rides, kite surfing, diving, paragliding, ATV tours, and boat trips; fishing; and several of Brazil’s most beautiful beaches.
Once built, the rental projection is 10%+.
Europe’s secret riviera is a haven for billionaires but comes with some very reasonable waterfront prices.
Boasting blue Adriatic waters, amazing beaches, and lush mountain interiors, Montenegro has it all…
My Montenegro Property Pick
Starting at just US$91,000, with views of the Adriatic Sea, this exclusive deal is just 8 minutes from the luxurious Porto Montenegro.
Furniture packages are available for less than US$11,000, meaning you can own here for US$102,000 plus closing costs.
Property ownership in Montenegro comes with residency rights, which will become even more appealing if Montenegro joins the EU in 2025.
This project has a 10.25% projected ROI.
The newest entrant to my list of dream beach deals is Morocco.
Perched at the top of the African continent, Morocco has coasts on the Mediterranean and the Atlantic.
Morocco has been slowly undergoing a transformation… It now has my attention for its cheap property prices, low cost of living, and growing tourism and manufacturing offerings.
Beachfront prices are some of the lowest available in the Mediterranean. There are vast, empty, white-sand beaches and near year-round sunny weather.
My Moroccan Beach Property Pick
This beachfront property is in Souiria, along the Atlantic Coast. For just US$77,000, you get a 160-square-meter (1,722-square-foot) house with 4 bedrooms, 2 bathrooms, 3 half-bathrooms, and an extra shower. The price is extremely low per square meter, and with this property you could enter the long-term rental market.
The property has a 180-degree beach view and is located 150 meters (490 feet) from a beach of fine golden sand and 500 meters (1,640 feet) from a small fishing port, making it a mecca for seafood lovers. In the village you also find market stalls, grocery stores, butchers, pharmacies, restaurants, and bakeries.
With great weather, a low cost of living, first-class health care, and an interesting culture, Portugal is a top all-around lifestyle pick. This country also boasts some of the best beaches in Europe.
It’s been a strong recommendation for several years, and beachfront property prices have matured. In comparison to the rest of the property picks in this list, this one seems expensive…
But I can tell you now, there is no other project like this in the region.
In North America, retirement villages have existed for some time now. But in Southern Europe, this concept is still in the early stages…
In Portugal, independent living communities are rare. If you do find them, they tend to be in remote locations that are far from amenities. They also tend to be small, not designed for aging populations when mobility and accessibility becomes a challenge.
This development in Praia da Luz takes independent living to another level. The community was created mainly (but not only) for the pre-retiree and retirees who want access to on-site amenities but also be close to everything the town has to offer. This has been specially designed to allow residents to age in the community and provide proper accommodations no matter the age.
My Portugal Property Pick
Prices start at 275,000 euros (about US$312k) for a 1-bed apartment, including a large terrace and garden along with additional storage space and a garage. Developer financing is available, and you can choose between a garden- or sea-view apartment.
This will be the region’s first residential luxury condominium.
The development offers a vibrant community atmosphere, with shops and seafront cafés and restaurants on its doorstep. It’s easy to access, just one hour away from Faro Airport.
For more information on this unique development, go here.
Mexico has been the foreign beach destination of choice for North Americans for decades.
The Mexican peso has taken a beating during the pandemic, which gets us some solid beach deals in this country.
Move Over Tulum—My Mexican Beach Buy
This eco-development is nestled in the jungle and has spectacular views of the Pacific Ocean. It features walking paths, a seasonal waterfall, and natural botanical gardens.
An amazing almost private beach is 1 mile down the road.
One-bed condos start at US$165,000. Smaller pre-construction studios start at just US$89,000.
If you’ve ever regretted not investing in an area before developers got wind of it, now could be your chance…
The Caribbean coast of Panama has long been overlooked but is beginning to attract attention from long-term developers and big-name buyers.
This could be a long-term capital appreciation play for a savvy investor.
You can find undeveloped waterfront parcels here for a fraction of the cost of other beach destinations.
It will be years before the Path of Progress reaches this area, but basic infrastructure is already in place in some spots… and development is inevitable.
Watch this space for more coverage Panama’s Caribbean Coast over the coming year…
The Philippines offers some of the best beach value in Asia.
With a very low cost of living, spectacular beaches, ideal weather, and plenty of opportunity for adventure, the Philippines has a lot to offer.
Philippines Beach Property Pick
Available is a 210-square-meter (2,260-square-foot) beachfront house at Jawili Beach in Tangalan in Aklan Province, on the market for US$99,000. It has 4 bedrooms, 2 bathrooms, a garage, and a mini garden, and it comes furnished. It’s just 5 minutes to the closest market.
There’s no denying that the political situation in the Philippines is tense… I’ll explore the realities of this in a future OPA issue.
New Year’s Resolutions
Beachfront living isn’t just the remit of multi-millionaires. There are fabulous low-cost options in vibrant cultural havens that would love to welcome you into their community.
Elon Musk Is Using This Technology To Colonize Mars… Why Not Let It Fuel Your Overseas Adventures Too?
What do the billionaires competing to claim bragging rights in space exploration have in common?
No, it’s not just huge egos and a childish fascination with rockets…
They are all quietly investing in a new technology.
It’s a technology that’s critical to Elon Musk’s mission to Mars. Jeff Bezos has invested US$200 million in it since 2017. Elon Musk’s younger brother Kimbal founded a start-up capitalizing on this technology in 2016.
Other tech gurus are racing to build their own production facilities to cash in on the swelling market as well…
Larry Ellison, founder of tech giant Oracle, got into this technology in 2018. He set up a 200,000-square-foot production facility on his private island.
Bill Gates just invested US$50 million in a high-tech start-up to …
Making Money From The Climate Crisis: How To Make 6 Times More Than Hardworking U.S. Industry Insiders
If you ever felt like kicking yourself for not buying a handful of Bitcoin when you first heard about it… go easy on yourself.
Plenty of people didn’t.
It was a brand-new concept, totally unconventional, and with a laughably small chance of success.
Those people claiming that they always knew Bitcoin was going to be “the next big thing” back in 2011 are just blowing smoke. Nobody knew for sure.
It was a long shot that paid out big precisely because it was a total gamble.
We might be waiting a while for an investment that will outperform Bitcoin.
Meantime, there is something out there in the world of investing that’s new, already paying big returns, and as close to a sure thing as exists today.
I wouldn’t dare call any investment a “sure thing,” except this type of investment is in a product that everyone on the planet not only wants but needs every day to survive. This is the opposite of some new tech or crypto long shot.
This is your opportunity to be ahead of the curve, to be the early adopter, the original seed capital investor in the smart technologies of the future.
The type of investments I’m referring to are a hedge against the chaos of our changing climate.
Early armchair investors in the sector are already making returns six times higher than …
I’m delighted to be speaking to you today as the new editor of this Overseas Property Alert. Lynn Mulvihill is diversifying her role with Live And Invest Overseas… creating an opportunity for me to join the conversation.
I hope I can fill Lynn’s shoes adequately and that my insights and recommendations for global property markets based on decades of living and working in the real estate industry around the world will be enlightening and even entertaining for you.
And, of course, profitable.
Before we go further, maybe I should take a minute to give you some idea who’ll be behind these dispatches going forward…
I’m Irish. Studied business and law in University College Dublin before embarking on an eclectic career in real estate that has taken me from Ireland across Europe and then on to the Americas.
I’ve seen a lot, done a lot, and, boy, have I made a few mistakes along the way…
I’ve served as a director of real estate, oil and gas, and offshore corporate services companies… and I’ve built, scouted, bought, and sold all manner of properties…
And I’ve made and lost a few fortunes along the way…
The good news for you is that, after decades of property investing experience across the globe, I’ve learned from every misstep.
Now I want to share my hard-won wisdom.
I love the thrill of chasing a deal, I know the industry from both sides, and I’ve come to be able to spot the cowboy operators and grifters from across the street.
I’m back in my home county of Limerick, Ireland, these days… but my scouting boots are by the door.
I’ll be on the road more than not.
As we like to say here at Live And Invest Overseas, the world is alive with opportunity for fun… and, most important to our purposes here, profit.
Over the coming weeks and months, I’ll be bringing you the choicest hand-picked deals from the best developers operating in the markets most poised for growth across the globe…
And important, I’ll be bringing you personally negotiated exclusive pricing, terms, and inventory.
We’re living through historic times.
A turning-point era.
Offering enormous potential for those of us paying attention.
Let’s begin our conversation in Panama… a market that we at Live And Invest Overseas have been heralding for more than two decades… that, in fact, we were the first to recommend…
And that offers more opportunity right now than ever.
Read on below…
Panama has long been recognized as one of the best—and easiest—options in the world for …