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I know of a project similar to what you described. It was a gated community as well and it was close to Panama City. They did construct fully and efficiently, but some people who wanted to construct there didn't pay the full amount of the construction and that's when it didn't get completed. Now there are some fully constructed houses and some that stopped halfway. A lot of people try to sell there rarely anyone buys there. So it's important to also check out the neighborhood and who else is buying in the project. Just my two cents.
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