I was looking through my old materials on Palm Bay Club and I found a letter that was written to all lot owners in 1994. If you look at what the NEW OWNER is offering for FREE as far as clearing the land (directly below) and compare that with what the lot owners were going to have to pay to have the same thing done to increase the value of the property, you will see the GOOD DEAL that all future members of PALM BAY CLUB are getting now with the new caretaker.
I also hope the new owner/caretaker will read the following letter that I have taken a long time to write (below) and from it glean some ideas of how to proceed to clear the land in order to increase the value of the properties in the beautiful PALM BAY CLUB for all present and future club members.
It is exciting to know that as the caretaker/owner clears the land and beautifies it our property will increase in value. That is why it is good to become a member of Palm Bay Club now so that you can benefit from future increases in the property valuation. I hope many join the club in the coming months.
ELDORADO-777
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NEW OWNER'S PLAN - LOT OWNERS PAY NOTHING (FREE)
Palm Bay Club has a new owner who is proud to have the opportunity to market this proven Ambergris Caye community. The new owner will begin work very soon on improving the subdivision's beachfront and existing interior roads by clearing and restoring them to a similar state as when the subdivision was developed. Included in their plans is clearing of the common areas central to the Horse Shoes.
[email protected] http://palmbayclub.net---------------------------------------------------------------
OLD PLAN THAT COST $16:67 PER MONTH PLUS $250.00 PAID ONE TIME
"Feb. 15th 1994
Dear Palm Bay Lot Owner,
This letter is in reference to a proposed lot owner's association of the Palm Bay Club. There are several benefits to be realized from such an association. First, with having an organized group, we will have a newsletter put out quarterly or bi-annually. This newsletter will contain such features as current news from Belize and also information on other properties. The last is very important for two reasons, the property that comes on the market may be the one you will be interested in. Secondly, some people will be selling their properties from time to time for different reasons, and you will get a very good idea of what property values are based on from what these resales bring.
Another benefit of having a lot owner's association of Palm Bay is cleaning and maintaining of the property. Case after case on Ambergris Caye wherever there has been cleaning and maintaining of properties there has been a dramatic increase of property value. This happens in several ways. One, simply cleaning and maintaining the property enhances the value by much more than your investment. Two, your property will look good, thus enhancing resaleability because beautiful eye-catching property attracts more interest than undeveloped land.
Higher visibility and resaleability leads to higher property values. An accurate assessment can be made as to the the level of interest in home building on Palm Bay Club. Clean and well-maintained lots with homes on some of these lots will give the place an auora of being a relaxing home away from home. Once the land is cleaned and some homes are built, many people will get in line to buy in this area. Quite a few lot owners have contacted me in the last month asking for help to get their properties cleared and cleaned for future building at the Palm Bay sight....
In the Palm Bay Club, cleaning the land will consist of clearing away the dense bush and much of the jungle. All tall, beautiful trees will be left in place. Beautiful tropical foliage will be left whenever and wherever possible. Palm Bay Club will require a one time payment of $250:00. This will get the land to a state where grooming and/or building can begin.
Maintaining the properties will include a certain amount of landscaping and planting of trees in areas that are lacking. Colorful plants and flowers will be planted all over the Palm Bay Club to enhance the beauty of the place. Individual lot owners may request any type of customized landscaping on their lots for an additional fee. A yearly fee of $200:00 will be required for maintainance to the above-mentioned specifications.
This is very reasonable as it only works out to $16:67 per month! Aerial and ground level photographs of maintenance and landscaping of Palm Bay Club will be taken for the owners. This would also be an excellent tool for marketing Palm Bay Club for people interested in reselling their lots.
...for those only seriously interested in building at the Palm Bay Club we can assist you with everything from architectural drawings to general contracting...."
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