Recently I have invested
in an alternative investment that according to the prospect will give 16% ROI per
year with a maximum investment period of three years. Not bad if this
investment will work (fingers crossed!).
The
investment is a property development, a luxury eco-resort on an island in the
Panamanian Caribbean named Sarani Resort. Panama was voted as the best tourist
destination for 2012 by New York Times, and is currently experiencing a tourist
boom. Also, ecotourism is among the fastest growing travel trends (http://www.pcbeach.org/ecotourism/ecotourism-in-pcb)
and the goal with the Sarani Resort development is to be the region’s most
luxurious eco-resort.
I
invest through the broker Cavendish Blue (www.cavendishblue.com)
that describes the investment opportunity like this:
“A limited opportunity
to invest in the early stages of the eco-luxury Sarani Resort and benefit from
contracted returns of 16%pa with 100% deposit protection. Investors also
benefit from a contractual buy back guarantee from the developer within a
maximum 3 year timeframe.”
The
investment process has worked well this far. Cavendish Blue has been professional,
provided instructions that have been easy to follow how to proceed with the
investment (which were necessary – it was a lot of paperwork to fill in!), and gave
quick feedback during our correspondence.
So
what made me invest in this property development?
·
It
seems to be a quite safe investment with attractive potential returns; 16% per
annum is very good returns for me, considering that I see the risk as fairly
low. The key factors why I believe this
as a low investment risk are:
o
I
consider Cavendish Blue as reliable to invest with. Cavendish Blue is a quite
new player on the market, but it has a good foundation. The company operates
under the same company as IPIN (International Property Investment Network, http://www.ipinglobal.com) which is well
known. As I understand it, Cavendish Blue has a short-term investment focus,
while IPIN often has a long investment focus
o
Cavendish
Blue has worked with the property developer before and that co-operation turned
out well. This fact increases the chances for a successful co-operation this
time as well
o
Deposit
protection against developer default, meaning I should be able to get my
invested money back in case the development fails
·
The
investment timeframe of maximum three years suits me well for where I am right now
from a personal standpoint
·
The investment prospect is approved by my wife
J (co-investor)
On
top of the attractive potential returns, there is also an opportunity to stay
one week at the resort for free once it is completed. I am already looking
forward to this great perk! I have 18 month to exercise this right after the
facilities have opened.
I
will write more about this investment in my future blogs so you will know how it
performs. So stay tuned and subscribe to my blog (at the top right on my blog) - don’t miss out
on more interesting stories!
Picture above
from: www.cavendishblue.com