Land at Flamingo Lakes formal subdivision approved

Olive Tree International Property Limited is pleased to announce that on 30th July, the Governor of the State signed off the formal subdivision of the land, known as Flamingo Lakes Golf and Country Club Resort, in Yucantan, Mexico.

“This is a major step forward and one that has already brought substantial financial rewards to our clients”, says Darran Phillips, Commercial Director for Olive Tree International “We identified the Yucatan Region as a prime up and coming destination less than 2 years ago and already it is proving a superb investment”.

Originally, high risk investors keen to “take a punt” on land without planning permission bought options on the land through Olive Tree. By the 2nd phase of seedcorn investors the land was costing $50 per square metre and now with the formal subdivision approval, new investors will pay around $150 a square metre.

Added Darran, “The next stage will be the “ pre off plan investment” opportunities but already those who took a chance less than two years ago have seen a growth of over 100% on their investment with prospects of even greater growth in the months to come.”

Flamingo Lakes Golf and Country Club Resort is planned to cover some 2,200 acres of which 840 acres have been set aside for a private nature reserve. It will be the size of a small town, but cleverly designed to give the feeling of an intimate village. The living accommodation will be spaced around the 27 holes of golf and will be complemented by a village square, shops, medical facilities, church, guest lodge and a host of other leisure and recreational facilities including Beach club, tennis, horse riding, health and fitness facilities, spa, water activities, jogging trails etc.

“There are still substantial financial gains to be made on this first class facility which is set close to the golden sandy beach of the Gulf of Mexico. We aim to match investors risk profile with suitable deals and this high risk investment appealed to a brave type. Now that planning has been achieved it will appeal to a less high risk client who wants the value offered by pre-off plan but without the worry of potential land issues. Concludes Darran.

The company carries out seminars throughout the UK.

The next overseas investment seminar is on 26th September in Harrogate.
Olive Tree International

For further information, visit olivetreeworld.com.