Plus: “I’d Be Bored To Death In A Beach Resort” April 21, 2015 Medellín, Colombia Dear Overseas Property Alert Reader, I have a continuing dilemma when it comes to part-year residences. My goal—like anyone’s—is to have a property I can use for part of the year, while renting it out during the rest of the […]
Enjoy the high season while earning income in the off season Read More »
Low Cost Of Entry And Double-Digit Yields On This White-Sand Coast—My Current Favorite Buy In The Caribbean Plus: A Good Choice For Pacific Beachfront March 17, 2015 Las Terrenas, Dominican Republic Dear Overseas Property Alert Reader, My first insight into the current opportunity for rental yield in the Dominican Republic coastal town of Las Terennas
Montserrat II In Las Terrenas, Dominican Republic Read More »
Plus: Getting Your Money Out Of A Foreign Country March 10, 2015 Sisal, Yucatan, Mexico US$1=15.2 Mexican pesos Dear Overseas Property Alert Reader, Cabo San Lucas is famous as a hot destination for tourists and celebrities alike, and is commonly known for its high-end real estate… but it wasn’t always that way. Prior to 1974,
The Next Beachfront Play On Mexico’s Caribbean Read More »
Plus: “Should I Believe You… Or Panama Letter?” Jan. 20, 2015 Montevideo, Uruguay US$1=2,384 Colombian pesos Dear Overseas Property Alert reader, Colombia continues to command a lot of interest among potential overseas property buyers, investors, and expats. The inexpensive properties and high quality of life are a big draw. But what really surprised me this
Cheaper Than Ecuador? Colombian Properties Are A Better Value Than Ever Read More »
Plus: “Let’s Hear More On Some US$50K Properties!” Jan. 6, 2015 Valparaíso, Chile US$1=614 Chilean pesos Dear Overseas Property Alert Reader, I’m writing again this week from the coast of Chile. The early summer, Pacific-moderated temperatures are just about perfect, as they were two weeks ago when I wrote from nearby Viña del Mar. But
A South American “San Francisco” On Chile’s Central Coast Read More »
Plus: Residency And Financing In Chile The U.S. dollar has been on an upward tear lately after years of decline. As 2014 comes to a close, I decided to take a look at markets where the dollar’s current strength has had the most favorable impact on property prices. As it turned out, a few of
Four Bargain Markets Thanks To Today’s Exchange Rates Read More »
Plus: “What Is Lee Harrison Smokin’?” I bought my first overseas property almost 14 years ago. Since then, properties have financed a good portion of my retirement. They also make up more than half of my income. Perhaps more importantly, I’ve also been able to live in some fascinating and enjoyable places along the way.
One Piece Of Sound Advice For The Property Buyer Read More »
Plus: The Dark Side Of Beachfront Properties Medellin’s short-term, furnished rental market is one of the best-performing income markets in Latin America today. Double-digit returns are common. But it’s hard to tap into it, because in 2010, the city passed a law which banned rentals of less than 30 days in most residential buildings. This
Earn 8% Current Income And Capital Appreciation In Colombia’s Hottest Market Read More »
Plus: Property Confiscations And Buying Abroad With Your IRA Uruguay is a country that’s known throughout the world for its beautiful beaches. Without a doubt, the country’s best value in beach property is Costa de Oro, a 30-mile stretch of shoreline between Montevideo and Punta del Este. Costa de Oro—which means Gold Coast in Spanish—also
Beachfront Properties Start At US$85,000 On Uruguay’s Costa de Oro Read More »
Plus: “You people are nuts… I’m going to look into getting you shut down.” You hear a lot about currency risk in the world of overseas property investment. In fact, we often mention here that your property’s price—or your rental income—will vary with current exchange rates. But there’s more to the issue than meets the
Exchange Rates Cut Both Ways For The Property Buyer Read More »