Buying a Condo on Ambergris Caye Part 2
Yesterday the Ambergris Daily published an article on its belief why consumers should buy a condo using the strata system, rather than by using the corporation share system. Our reason is just to make sure that the purchaser is fully protected, and although there are plenty of resorts that use the share system which works,in most cases, very well at the moment with many happy owners. The question has to be asked,when the developers decide to sell up all their real estate holdings or indeed leave them to their dependents who have never even visited Belize and who just employ a team of lawyers to maximise their profits in a clearance sale of all their now Belizean assets. All these assets could be sold to a developer who justs wants to use the slash and burn philosophy, and in our opinion this could happen. (Continue Reading)

Samantha CarlosBank manager, Samantha Carlos, was released on bail after she applied for and the Supreme Court granted her bail in the sum of 25 thousand dollars. She appeared before Justice Adolph Lucas who granted her the bail.





