ECI offers investors and lifestyle owners ready-to-own, turn-key real estate (houses, condos and lots) in beautiful planned communities on Ambergris Caye Belize and in Nicaragua with additional community acquisitions in the near future.
Recently announced, the beachfront Belize Marriott Residences Ambergris Caye Resort, will embody the rich British colonial history while incorporating eco-friendly and sustainable practices.
OPPORTUNITY TO OWN AN ECI COMMUNITY PROPERTY
ECI is a private, diversified real estate holding and development company based in Belize with a large and growing market of owners and investors who want to own property in Latin America. With the continued economic turmoil in the world today, investors, baby boomers, retirees, wealth managers and people looking for real estate abroad that offer a great opportunity and positive lifestyle.
If you are considering property ownership overseas, you need ask these
“15 Must Ask Questions.” which are in included in our Consumer Resource Guide.
Important considerations to keep in mind is whether the development company is financially solid, whether they have a record of success and what their business plan is.
Buying a property in a foreign country is like getting married — you need to be very clear about exactly who you are marrying. Hopefully the developer will be around for many years and, if so, you want to be sure you are comfortable with the long-term association. Ask to see a copy of a business plan. Do they have one?
You need to know who they are and if they will be around for a long time, otherwise you are taking unnecessary risks with your hard-earned money — there are no bonding agencies compelling them to complete anything they promise. You are counting on the people and company involved to make good now and for the next 20 years.
If they’ve promised an ROI on rental return, ask to see cancelled checks to owners. Words are easy — ask for proof. If they’ve returned 8%, 10% or 12% to owners, they’ll be proud to show you the cancelled checks.
In addition, because financing is rare in the region, the developer should provide a form of financing as a buyer’s option. This shows financial stability. ECI Development offers financing for the Belize and Nicaragua communities.