Saturday, November 21, 2009

Helping Casey buy his "fantasy island" - Part 3



In this third and final installment, we take a look at Isla del Encanto which is an island on the Pacific Coast side of El Salvador. Although Casey is not a details guy, this island is 23 acres which may be large enough to hold Casey's cult sustainable community. Here's some of the description:

Uses: Private retreat, eco-tourism, marina resort development, bungalows, golf, casino

Vegetation: coconut palms, mango, papaya, avocado (very fertile soil)

Wildlife: Birds are abundant

Beaches: Sand, free of rocks

Fishing: Excellent fishing in the ocean as well as in the estuary surrounding the island.

Buildings: Small cottage with palapa roof - 6 meters by 6 meters. Cement pad 6 meters by 12 meters covered with palapa roof.

Other: The island also is near a Mayan archaeological site. Direct access to Pacific Ocean.


I have checked out the pictures for Casey, and I am sure Casey will be pleased to hear that this island has a very cultlike feel to it. The palm trees, wispy grasses, and hammock under a palapa roof seem right up Casey's alley.

So let's take a look at the terms noting that the asking price for this island is $3,950,000:

Owner will consider financing with reasonable down payment. Substantial discount for cash purchase. Seller also will consider a joint venture or partnership in an eco-friendly project involving the island.

And here's how Casey would read the description:

Owner will consider financing. Substantial discount. Seller also will consider a joint venture or partnership involving the island.

The negotiation will start with Casey proposing a partnership (since he's so good at maintaining and sustaining partnerships without any misunderstandings) where the seller provides all of the financing and Casey provides mad eco-tourism skillz. It's a win-win...for Casey's ego and his wallet!

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