A finance graduate, Ronan McMahon worked in the e-business consultancy and dot-com industries before joining International Living as Real Estate Marketing Director in January 2004. Ronan has been an active real estate investor since his early twenties and joining International Living gave him the opportunity to marry his personal and professional interests. Last year Ronan took up the position of Executive Director with Pathfinder. Pathfinder is International Living’s preferred Real Estate advertising partner. Pathfinder scours the globe to find the most unique and value-oriented real estate opportunities.My Favorite Resort Deal in Mexico
By Ronan McMahon
Construction at Sian Ka’an Mexican beach resort is progressing at pace—260 workers are onsite full time and construction of Phase 1 units is well on track. The developer’s team just showed me the photos below. Impressive progress in less than two months! I met them in Las Vegas for IL’s Live and Invest Overseas Conference. Phase 1 will be ready for occupancy in June. Prices here will continue to rise as these units near completion.
To remind you, these are the factors that separate this deal from anything else like it:
- A new airport is planned; 10 years from now, it is expected to carry as many passengers as Cancun airport.
- Appreciation potential: Prices here are at a 36% discount to what you would pay in Playa del Carmen, just 35 minutes down the road.
- Guaranteed fixed rental income: Your unit is leased to a 5-star hotelier, which pays you a fixed amount irrespective of whether it rents or not.
Occupancy rates at this resort have fully recovered to pre-flu scare levels. You see, this resort has a very important advantage. The company that owns it also own Europe’s second biggest travel agency. They sell and run 2.5 million vacations every year. They can channel their customers into their own hotels when things get tight.
The resort boasts all the amenities you would expect from a major high-end resort. The water here is turquoise blue…the beaches are white-sand. This is picture perfect Caribbean. The Robert Trent Jones II golf course opens for play this December.
The developer’s (Benjamin Beja’s) invitation to visit the project is still open. Benjamin believes in his project. He’s willing to put his money where his mouth is—all expenses paid. This is the same invitation I personally received when Benjamin first offered to show me the development. In other words, most visitors won’t receive this level of attention.
This is a RETA Members-only VIP Chill Weekend.
You can read my full report on this opportunity here. I strongly urge you to take Benjamin up on this offer. Many of your fellow members have. Many members have visited the site. Many have purchased here. All the reports I’ve heard have been enthusiastic.