The Right Product at the Right Time, Triple Net Lease Cash Flow in Paradise
Investing in real estate through leaseback programs have been proven quite successful lately. The term “leaseback” may sound foreign to you, but the concept is quite simple and appeals to many serious investors. If you have heard the phrase “triple net lease (NNN),” this is essentially how a leaseback program works….. but with even more perks.
Very simply, you own a piece of real estate, a condo, or a home, that the developer leasesback from you on a monthly basis. They then rent out your unit on a nightly basis and manage the property as a hotel. This is an attractive program because it provides certainty. Owners have peace of mind knowing that their unit will be rented on a long-term basis and will be taken care of. Owners also know that they will receive a monthly rent check, and enjoy the fact that they have an overseas landing pad for vacation or full-time use down the line. In the mean time, it’s an asset that produces predictable income.
Having a landing pad outside North America has become more and more important, and for good reason too. With the unpredictability and questionable stability of the US economy, having a place to retreat to in the event of an emergency just makes sense, doesn’t it? This is asset protection of a different kind. It protects your most valuable asset. You.
For most people, being the owner of a property in a leaseback program can be the perfect solution. A leaseback gives you peace of mind that you have a place to go to if things get bad. But unlike traditional insurance, with a leaseback you get to use your property for sunny tropical vacations, and when you are not there, it makes money for you. The best of both worlds.
The leaseback program provides the assurance of knowing that your property will be occupied and you’ll be compensated consistently on a monthly basis. There’s also the attraction of being hands-free, letting the professionals manage your condo for you while you are away. If owning an income producing vacation property that also provides a stable landing pad if things get nuts in the USA make sense to you, then take a good look at a lease back program.
One place that now has a popular leaseback program is Belize. There are numerous reasons that this small, English speaking nation has long been a haven for financial asset protection and banking. But it is now also a popular location for folks looking to invest in real estate overseas. This country is where your backyard is the crystal azure Caribbean water, and where the sun is nearly always shinning. Whether you are looking to expatriate, retire, looking for an investment property,or a vacation home, Belize is the place to be.
Belize is close to North America (only 1.5 hours by plane from Miami!). It boasts a spectacular barrier reef teeming with fish, coral, turtles and dolphins, the second largest reef system in the world. Belize is a top tourism destination consistently attracting hundreds of thousands of tourists per year to a country of just 350,000 people. Also, with Ambergris Caye, Belize landing the #1 spot on Trip Advisor’s list of “Best Islands in the World,” Belize is becoming highly recognized for its beauty, natural wonders, and genial locals.
Grand Baymen on Ambergris Caye, Belize has partnered up with ECI Finance and Marketing to offer a leaseback program that goes above and beyond what you’ll typically find in the market. Not only does the Leaseback Condo Program on Ambergris Caye provide you with a consistent monthly payment, it also gives you the opportunity to farexceed the monthly balance through the Rental Incentive Program. During the leaseback period, all expenses including mortgage payments, electricity, water, COA fees, etc., are paid by Grand Baymen on your behalf. Imagine that, no responsibilities to maintain your unit for three years. It gets even better; you have two weeks of personal or guest use in your condo per year to enjoy the island and to relax in the Caribbean.
The first leaseback condo building on the island of Ambergris Caye is comprised of 16 units. They sold out in an astounding eight weeks.
Due to the popularity of the program and the continued interest and demand, Grand Baymen and ECI FAM will be offering a second, 24-unit leaseback condo building. Reservations are taken on a time/date stamp basis. The reservation deposit is fully refundable so you have nothing to lose if you stake a claim on one of the condos right away. If this is something you think you’d like to own, reach out now and lock in peace of mind, a tremendous vacation property, and a secure rental income for the next 3 years.
With Ambergris Caye landing the “Best Island” award by TripAdvisor, you can only imagine how the rental market is going to soar, and how additional rental units will be in demand. Brand-new condos, built to North American standards, amenities already in place including a 3-tier 250,000-gallon pool, tennis courts, fitness club, and more, it is no wonder that the first building sold out in such a little amount of time. Reservations for the program are open, and you are encouraged to act now to ensure that you will get a unit. Attractive pre-construction prices are now being offered, and will only increase once construction begins. This program will not be available for long, so be sure to capitalize on this unique opportunity now.
