We take a look at Glenmuir Country Club in Clarendon, a new gated community consisting of 55 units. This development will feature 3 bed 2 bath bungalows, 3 bed 3 bath bungalows, and 2 bed 2 1/2 bath townhomes. prices start at $24 million JMD (£120,000 GBP) for the 2 bed 21/2 bathroom, $30.5 million JMD (153,000 GBP) for the 3 bed 2 bath, and $31.6 million JMD (£158,000 GBP) for the 3 bed 3 bath. Contact information is at the end of the video.
“The term “flipping” is used by real estate investors to describe “residential redevelopment”. Redevelopment of distressed or abandoned properties or neighborhoods has sometimes been linked to malicious and unscrupulous acts in the post housing bubble era. The term “flipping” is frequently used both as a descriptive term for schemes involving market manipulation and other illegal conduct and as a derogatory term for legal real estate investing strategies that are perceived by some to be unethical or socially destructive. In the United Kingdom the term is used to describe a technique whereby Members of Parliament were found to be switching their second home between several houses, which had the effect of allowing them to maximize their taxpayer funded allowances.” – wikipedia
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