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 […]
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Plus: Long-term Rentals In Cuenca | More On The Nicaragua Canal After the death of dictator General Franco in 1975, Spain quickly rose to become the number one destination of choice for Europe’s sun-seeking vacationers and expats. From flamenco to fiestas, Spain is one of the most culturally rich nations in Europe. Its language, food,
Return Of The Iberian Giant—Spain Poised For Recovery Read More »
Islands in Las Isletas are priced in U.S. dollars The idea of buying any property abroad is exciting. But it’s hard to think of anything more exotic than owning your own private tropical island. The sense of being on your own—and the feeling that you really own your own piece of the earth—is unlike any
Own A Private Island Starting At US$78,000 Read More »
US$1=1,904 Colombian pesos Dear Overseas Property Alert reader, Capital gains of 10%…rental income of another 6%…and developer co-investment returns of up to 22% annually. These are the numbers that caught my attention for this property in Bogota. Let me give you the details. Colombia is the third largest economy in Latin America, after Brazil and
Four investment options in this expanding market Read More »
In 2012, I purchased an income property in Medellín. It’s a two-story condo on the 17th and 18th floors of a new building on Medellín’s Golden Mile. Since closing, it’s generated around US$1,900 per month…about 8.5%. That same year, I invested in a foreign stock exchange, opened accounts in foreign currencies, and even opened a
Multiply your purchasing power with a Self-Directed 401k Read More »
April 29, 2014 Granada, Nicaragua Property in Nicaragua trades in U.S. dollars Dear Overseas Property Alert Reader, Many of us dream of living in a Spanish colonial city…and of owning a Spanish colonial home, with its high ceilings, painted tiles, and a private center courtyard. If you count yourself among this growing number, then you’ll
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The real estate market in Cali, Colombia, is the most exciting scene I’ve witnessed in a long time. This is an attractive city, with low property prices, a low cost of living, low cost of ownership, and high rental returns. Best of all, prices start at less than US$66,000 for a nice apartment in one
Bargain properties, great lifestyle, and a low cost of living Read More »
After spending six years flying with the U.S. Navy, Lee completed a successful 30-year career in the nuclear power industry. Taking advantage of a post-merger early retirement offer, he left the United States in 2001 at age 49 and retired to Cuenca, Ecuador. Since that time, Lee has enjoyed properties in Ecuador, Nicaragua, Uruguay, Colombia,