internationalliving.com

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Live, Retire and Invest Overseas. Articles, news, classifieds, information on retirement, and living abroad from International Living......

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Ben H.
Caveat Emptor for RETA

As far as the magazine goes, it is fine. However, they definitely over market. It is their RETA (Real Estate Trend Alert) service that I have the biggest issue with. I have been a member since 2020. The project and deals presented by Ronan McMahon are legitimate "potential" projects. I have signed 4 contracts - two fell through. That said, I did receive my deposits back with little hassle. The two other deals are now significantly past due. Ronan never mentions this in his updates. He was recently touting the rise in value of a project in Progresso Yucatan but never mentioned that the project will be delivered over one-year late as will another project in Playa del Carmen by the same developer. He boasts of great potential returns but doesn't address that you're paying deposits for a two+ year period with no interest or return, effectively "dead money". Recent postings on Tulum never once mention the absolute oversupply of rental units in that market. Five years and I have yet to take possession of a single property. There are definitely real projects and the process is relatively easy, but don't believe the hype about the types of returns you will earn.

2
Date of experience: Jan 14, 2025

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  • Live, Retire and Invest Overseas. Articles, news, classifieds, information on retirement, and living abroad from International Living...

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