The owners and developers of Rancho Hidalgo are raising the capital necessary for developing the infrastructure by offering land for sale at very attractive prices prior to obtaining platt approval. For British readers this is similar to planning permission but covers the approval needed to sub-divide the land into building plots of typically four acres each. Prior to platt approval, investors will become 'tenants in common' owning a share in the larger plot of land to be sub-divided in the platting process. Their share will be in direct proportion to the size of plot they purchase. Platt approval will identify the exact plot of land which will then be deeded to the investor.

Platt approval is a simpler process in New Mexico than in Arizona and the developers are confident the process will be completed in six to nine months. When platt approval is obtained and infrastructure construction begins the price of land will rise substantially and is likely to be two to three times the current price within two years.

Early investors prepared to share the risks associated with platt approval can thus expect to make an excellent return on their investment. I have been through a similar process at the Arizona Sky Village with the same developer and now own a house there with full title to the land. I have invested in Rancho Hidalgo and believe that the risks are small and that adequate fallback positions are in place.

At this stage the minimum investment is for four acres at a price of $25,000. The current strength of the pound against the dollar makes this a very attractive proposition for anyone living in the UK.

If you would like more infomation or to discuss investing in Rancho Hidalgo then please call me on 01954 211288.

Neil Parker