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Dear Investor,
It's hard for the typical investor to get in at the earliest stages of most international real estate deals. Typically, you've got to be well connected to be alerted in the earliest days.
I'm writing today with an alert that qualifies as earliest days.
I introduced you earlier this year to Luke Chadwick, the developer at Sanctuary Belize. Sanctuary is a master-planned oceanfront gated residential and marina community (where you can still invest in an early-on retail lot).
I'm writing today not about Sanctuary Belize, but about Luke's next project, Mango Springs.
Luke and his partners have put together an early-investor package for this new undertaking. It amounts to an opportunity to get a lot in this new project effectively free.
Specifically, you invest US$40,000 with the developer. He pays you back your investment capital and, in addition, gives you a lot in his new Mango Springs project.
Deals like this can sound too good to be true, and, sometimes, they are.
However, depending on the players involved and the particulars of the opportunity, this kind of collateralized investment can be a win-win situation for both the investor and the developer. I alerted you to a similar offer from Carmelita Gardens, coincidentally also in Belize, earlier this year. The deal at Carmelita was essentially the same offer--invest your funds and, in return, get your capital repaid plus lots equal in worth to the amount of your initial investment.
I like this kind of a deal. The investor gets a great return on his investment...or a free lot, depending how you want to look at it. The developer raises capital quickly and securely without the hassle of applying for bank financing.
The idea behind Mango Springs is to address market niches of buyers who are looking either for a simpler community than Sanctuary Belize (which is a full-amenity project) or for something more affordable (although with the available financing terms at Sanctuary, the lots there are very affordable). Luke will be offering financing for the retail lots at Mango Springs, as well, but the driving idea at work here is to get the full retail price for lots under US$50,000.
Luke has hit that target. He's found land not far from Sanctuary Belize where he has been able to plan for lots with an average price of US$40,000.
Given that, Luke has set the investment amount for his current investor offer at the same US$40,000 (the average planned retail lot price).
For your US$40,000 investment, you get your choice of any of the lots in Mango Springs (once the final master plan is approved and permits are issued). In addition, you'll be repaid your initial US$40,000 within 12 months from the developer receiving all required permits.
While the developer is obtaining the permits, the investment will be secured by land in Sanctuary Belize. As Sanctuary is an operating development with active sales, this is excellent collateral.
Luke is offering 40 investment packages at the US$40,000 price point--meaning he's looking to raise US$1.6 million. The land at Sanctuary to be used as collateral is a single parcel valued at US$1.6 million. Investors will receive a 1/40th share of this land that Mango Springs will have an option to buy back for US$1 once they transfer title for your lot in Mango Springs.
Mango Springs isn't beachfront land like Sanctuary. This is an important reason Luke is able to keep the lot price points as low as he is. However, Luke also recognizes that beachfront access is important. He has therefore secured a beachfront house that will serve as the main clubhouse for Mango Springs. Residents will have full access to both the beach house along with the beach in front of it.
If you're interested in investing in one of these packages but not interested in owning a lot in Belize, the marketing outlet for Mango Springs is a critical factor to consider. Would you be able to resell your lot and take your profits?
There are no guarantees, of course, but I've worked with Luke to make it possible for you to put your investor package lots back into the general sales mix along with his developer lots when he launches retail sales. This is a great benefit for the investor. The catch is that you'll have to offer your lots for sale with the same financing options that Mango Springs offers, meaning you won't get 100% of your cash upon making the sale.
Of course, if you want to keep your lot and build a house, that is fine, too. Again, your lot is your lot, and you can do with it as you like--sell it through Luke's team, sell it on your own, or keep it for yourself. You could even use the return of your original capital to start construction for your new home in Belize.
Either way you look at this offer--as pure investment or as an early retirement purchase--both the offer and the buy-in cost for these investor packages are excellent.
Again, Luke is offering only 40 of these investor packages. If you're interested, therefore, I urge you to inquire sooner rather than later.
Lief Simon
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