Merida

Mexico

Flamingo Lakes Resort Merida Mexico

For those of an adventurous nature we have available plots and villas off plan on this resort. It will aim at five star quality at an affordable price. The build of the whole development is likely to last for ten years and Olive Tree has opportunities for investors looking at the long term growth of the Yucatan region of Mexico.

This will also be a favourite with those who want their villa in the sun with all the amenities of a five star luxury resort whilst being able to take advantage of the current strength of sterling against the dollar. Mexico is routinely voted as one of the top five long haul destinations for British and Irish travellers and the Yucatan enjoys a cost of living a fraction of the cost in the UK.

This will be a significant resort and is one which we will be marketing through its various phases over the next few years. Clearance of the site has started immediately and construction of the first villas will begin around September 2008. Flamingo Lakes is a 40 minute drive towards the coast from the historic city of Merida which has its own airport. The nearest airport with direct flights from the UK is Cancun, a 3.5 hours drive.

At this stage we have a limited number of plots of 600m2 available at $56,000. Purchasers can also contract to have a 3 bedroom villa built on these plots for a total cost of around $210,000 excluding legals etc. These properties will have a covered area of around 180m2 with a small pool and a two car garage. When these are sold the next phase will be sold at $238,000 for the same villas. More details are available on request.

The Flamingo Lakes resort will be a village with top class sporting facilities.

The resort will feature fantastic golf courses, tennis courts,a hotel and a health centre.