Success Story – Alex Ayala
At Grand Belizean Estates’ inception in May 2009, the properties were selling at grossly under-priced rates. This gave buyers at the time the distinct advantage of investing in valuable property on prestigious Ambergris Caye – an opportunity that had never come about before for working class Belizeans in the history of the sought-after tourism and retirement destination.
One such investor was Alex Ayala, a bartender originally from Guatemala but now residing in Belize. He saw a once in a lifetime opportunity and decided to go for it.
“I originally bought Lot 625 in 2009 because it was the first opportunity I ever had to own land at such affordable pricing. I didn’t realize that one day I could get my money back plus a lot more by reselling it due to the actual value of it. I bought my lot for BZ$14,850 and sold it recently for BZ$35,000!”
“Everyone should take advantage of this unique opportunity as it is still very affordable, even if you are not wealthy.”
If you are doing the math at home that’s a profit of BZ$20,150 (US$10,075) or 135.69% in 2 years. By comparison, if Alex had saved that that same BZ$14,850 (US$7,425) in a local savings account at a average of 4.46% return on savings, it would have taken him 19.6 years to reach BZ$35,000 ($US17,500).