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Why I Bought Real Estate in Paraguay

Jeff D. Opdyke · May 12, 2026 ·

A Conversation with RETA founder Ronan McMahon.

Ronan McMahon is a pioneer in the world of overseas real estate. The founder of Real Estate Trend Alert (RETA), he’s spent nearly two decades traveling the globe hunting for what he calls “paths of progress”—major trends like new infrastructure investment that are quietly transforming destinations. So when Ronan started talking about what was unfolding in Paraguay, I paid attention. 

In fact, I paid enough attention that I finally did something I’ve been talking about for years: I sold off a sizable chunk of bond holdings inside one of my IRAs and bought overseas real estate myself, in Ronan’s latest RETA member-only deal. Specifically, in Asunción, Paraguay… in the same building Ronan bought into. Which means the two of us are now neighbors—albeit thankfully separated by a few floors, because no friendship should be tested by hearing the other guy’s coffee grinder at 6 a.m.… 

What really grabbed me about Paraguay was the macro story underneath it all: cheap and abundant hydroelectric power, favorable taxes, political stability, a young population, and growing international interest at precisely the moment AI infrastructure is creating enormous global demand for reliable low-cost energy.

In today’s conversation, Ronan and I dig into how RETA-only deals work, why Paraguay increasingly looks like one of the most compelling international real estate stories anywhere in the world—and why some of the best opportunities still exist far away from the crowded, overpriced, debt-soaked markets everyone else is fighting over.

Click here to tune into the full conversation.

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About Jeff D. Opdyke

Jeff D. Opdyke is an American financial writer and investment expert based in Portugal. He spent 17 years covering personal finance and investing for the Wall Street Journal, worked as a trader and a hedge fund analyst, and has written 10 books on such topics as investing globally and personal finance.

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