Sotavento updates

by Timmac @, Steilacoom, WA, Friday, September 24, 2021, 15:39 (801 days ago) @ daveJ

Congratulations on getting in on the ground floor. That said, looking at an S&P 500 index found from 2008-2021 the return would have been around 325% or about 11.25% annually. Didn't it essentially go bankrupt a couple of times anyway, since the current developer is the third that has been involved. I do hope for it's success, but there is no way in the world, given the 13 year history of development, I would buy now. I hope that they do finish as predicted, but wouldn't bet a lot on it. Perhaps, I can be one of those that helps pay your condo fee. Years ago I might have considered buying, but although we are both healthy now, at some point in the future we won't be and I don't think when that time comes I would be comfortable living in Zihuatanejo given the state of medical care there. While there are plenty of places in Mexico where the care is equivalent to care in the states, Zihuatanejo unfortunately has a ways to go.

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