(PRWEB) August 31, 2011
ECI Development, Ltd., the Central American resort developer with a portfolio of properties in Belize, Costa Rica and Nicaragua, is expanding its Grand Baymen Communities on Ambergris Caye by breaking ground on a new, 14,600 sq. ft. condominium building.
Demonstrating the strength of demand for this type of permanent offshore residential experience, two-thirds of the units have already been sold. Individual units range from 720 sq. ft. to 1,070 sq. ft. in size.
The new condominium is part of Grand Baymen’s private, four-acre secure garden condominium community, named Baymen Gardens. At a time when many resort developers are struggling or in bankruptcy, Baymen Gardens is the only first class condominium space being built off-beach at values of $200 per sq. ft.