I got interested in the Flamingo Lakes development the day I went into their ornate sales office on the main floor of the Fiesta Americana and saw the hundreds of little red flags stuck into their huge site map indicating that those lots had been sold. The saleswoman said that if I acted immediately, I might still be able to get one of the premium lots.
Flamingo Lakes included a huge golf course, a nature park, and a waterfront facility for members to moor their yachts and enjoy the clubhouse. The housing development itself was in Dzemul, an odd inland location. The first few times I tried to enter Flamingo Lakes, I was rebuffed by security, but one day I struck it lucky and was allowed to drive in and look for the office.
I drove down a long, unadorned, bulldozed double roadway about a mile to the housing area. Despite what the little red flags had indicated, there were only two residences built (unoccupied), a makeshift office, which was closed, and a multiple dwelling type high rise, not quite finished. There were no signs of life.
A couple of months ago, as I drove by their ocean-front property, I noticed that it no longer said Flamingo Lakes.
Flamingo Lakes was organized by European investors, one of them with a history of sham developments in the Caribbean. I learned this on the web, but later, when I went back to verify, these references had all disappeared from the web. Until then, I had not realized, that you can have bad things about you removed from the web and that there are companies who will do that for you.
The Flamingo Lakes legit-loooking office existed for at least a year in the Fiesta Americana and I assume they must have had some people sign up and make payments. The place is now officially closed, broke, out of business. My sympathies to those who were caught in the scheme.