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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Fri, 18 Feb 2005 20:58:56 -0700
/ Author of the message: "Gerald Buckmaster" |
Title of the message: |
Timeshare Business Development Question
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Text of the message: |
Greetings, I have some land in on the outskirts of a town in Panama. Tourism is a significant industry in the town, due to the elevation (no steamy days here), scenic views, and ecological diversity. I am thinking of developing a small six-unit cottage resort complete with an American Menu restuarant. I have access to a prime contractor in the area who has extensive experience building quality residential structures. My main problem is financing. I just don't have enough to get started. I own the land outright, and I could build very slowly over the next 5 years, but of course a resort under construction cannot turn a profit. I am considering offering up 156 one-week timeshare lots @ $1750. apiece. I know I will need to let potential timeshare holders know the resort is not developed yet and give them timelines for ground-breaking or getting their money back. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.