(PRWEB) March 7, 2003
San Cristobal Land Development (SCLD) has released two new Tropical Working Farm (TWF) purchase options in order to satisfy the demands of the members of its Panama TWF waiting list. The TWF concept has proven to be extremely popular with frustrated investors worldwide causing demand to exceed current supply. Distrust of conventional markets and fear of war have caused baby boomers to seek solid cash-generating opportunities showing stable, double-digit returns. The TWF combined-return, Emerging Growth Real Estate business model developed by SCLD brilliantly satisfies this need. Investors enjoy the returns of reforestation and cash harvests while the natural appreciation of the Caribbean land grows long-term wealthÂa formula that makes sense to SCLDÂs international investors. Roger Gallo of EscapeArtist.com speaks for the investment community when he called the TWF model, ÂThe best investment IÂve seen in 20 years!Â The words of plantation buyer Charlie Stahl sum up the benefits of the TWF from an ownership point of view, ÂI have been researching property and income and a second residency for the last year and a half. The Panamanian forestry deal in my opinion is the best around. The only investment I have ever made of this nature has fortunately been the best I could have hoped for. For me, this will be a dream come true.Â
ÂCustomer response has been out of this world,Â states Tom McMurrain, Managing Director of SCLD. ÂWe grow wealth for our clients using undeniable market trends. Retirement-minded Boomers move to Caribbean Panama as a new tourist destination and their desire to stay young and healthy by using natural anti-aging products suits our farm yields perfectly. Phases I, II and III of our 1,000-acre+ project in Bocas del Toro, Panama have sold out and our waiting list keeps growing every day. Some of our plantation owners have even been offered prices of 20%-30% more than they paid six months ago by others that are trying to get in on this opportunity. With this demand. we had to do something to alleviate the backlog.Â
Future plantation owners now have two ways to buy into the SCLD program. First, SCLD has fast-tracked the development of its 2,500-acre Palmira plantation in Colon Province, Panama, making Caribbean, beachfront parcels available six months ahead of the original planned launch date. This means that purchasers have the unique opportunity to own beachfront property for only $10,000 an acre. They also know that their Tropical Working Farm is designed to repay their purchase within five years.
Continuing its tradition as the leading developer of Caribbean, Emerging Growth Real Estate, SCLD has also identified an affordable concept in the form of a 750-acre shared interest plantation, which is defined as a land-bank opportunity in which buyers can purchase single or multiple units as desired. As with all SCLD plantations, the entire farm will be planted with a combination of valuable tropical hardwoods and rare medicinal plants, which earn the winning combination of short- and long-term profit. Those landowners who purchase two units or more will be eligible for Panamanian residency and numerous tax exemptions under the benefits of PanamaÂs Reforestation Law No. 24.
According to SCLD Director Tom Lennon, ÂWe are extremely excited about our new offerings. In any win-win deal, timing is extremely important. And, right now the timing is absolutely perfect.Â Others feel the same. Jim Swann of International Real Estate Digest writes, ÂPanama represents an opportunity similar to the well known parts of the Caribbean 20-30 years ago.Â
ÂWe are making dream property that pays available to a full spectrum of income levels. Who else do you know that can say that?Â questions Lennon. ÂIn all modesty, itÂs no wonder people are purchasing sight unseen and are, literally, battling to get in on the ground floor!Â
For media information or to schedule interviews, contact Dennis Smith, COO, at firstname.lastname@example.org, 1-866-811-5324 (U.S.), +507-322-0913 (Panama) or fax: +507-226-5884.
About San Cristobal Land Development, Inc.
San Cristobal Land Development is a leading developer of Emerging Growth Real Estate in the Caribbean. We specialize in identifying unique properties in unique areas that feature incredible cash-flow opportunities through harvests from Tropical Working Farms and tremendous upside in appreciation for our clients, yet can be purchased for an excellent price.
Through our professional affiliations and alliances, we remain in the forefront of excellence in the development and sales of real estate. Our standards, practices and procedures place the clientÂs interests first. This mentality has provided our company with a global network of real-estate purchasers seeking our opportunities.