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T H E   H O T E L   S U I T E S
INVEST NOW FOR IMMEDIATE RETURNS
INVESTIN CAPE VERDE FOR A MORE
REWARDING FUTURE

              Cape Verde is a flourishing paradise island, with pure
              white sands, clear Turquoise Ocean and a booming
              tourism industry. It is the perfect location for your
              investment, delivering an exceptional opportunity
              for long term growth and rental returns.
              Why Invest in Cape Verde:
              • Year round tropical climate, with no low season or hurricanes
                 and some of the best beaches in the world

              • Excellent travel links to the UK and Europe with direct flights
                 to Sal's International airport only 5 1⁄2 hours from the UK

              • Flourishing tourism industry, with a strong emerging market
                 and politically very stable

              • High government investment in energy, utilities and infrastructure
              • Billions of Euros of international investment into hotels, resorts,
                 golf resorts, marinas, water parks and commercial centres

              • Strict environmental controls and regulations for
                 tourism development

              • Current on-island demand for quality accommodation outstripping
                 supply - delivering opportunity for substantial and sustained
                 rental returns

              • Increasing land values driven by a rapid growth in tourism
                 offering long-term high capital growth opportunity
THE PERFECT LOCATION AND
STUNNING YEAR ROUND CLIMATE
Just one hour south of the Canary Islands, Cape Verde offers
European visits their closet tropical climate. It enjoys year round
sunshine and almost no low season.
TORTUGA BEACH RESORT




                                           9   10                    2
                                                           11
                                                                              12



                                   8
                                                                                    1



                           7




                       6


                               5


                                   4
                                       3




                                                    1 Dunas Beach Resort & Spa     8 Club-Hotel Riu Funana
                                                    2 Tortuga Beach Resort & Spa     & Club-Hotel Riu Garopa
                                                                                   9 A8
                                                    3 Djadsal

Perfectly positioned                                4 Land acquired by
                                                      Hilton Hotel Group
                                                                                   10 C1
                                                                                   11 C2
                                                                                   12 3rd Development by
   to maximise your returns                         5 Vila Crioula
                                                    6 Vila Farol
                                                                                      The Resort Group

                                                    7 Esmeralda Beach
INVESTING IN TORTUGA BEACH RESORT
       Enjoy immediate, long-term and substantial returns

                Tortuga Beach Resort & Spa is a 5-star development set right on the beach in Sal
                Island, Cape Verde. To be completed early 2011, an investment today will immediately
                deliver, thanks to a high projected rental return.
                An impressive development, and finish to the highest quality, Tortuga Beach Resort
                delivers premium accommodation to meet the growing on-island demand. In
                addition to a wonderful range of apartments and villas, the resort will feature a 5-star
                hotel and you can now invest in the Resort by purchasing a luxurious Hotel Suite.
                The completed resort has a fantastic range of facilities, all of which deliver an
                unforgettable guest experience, including:
                • A spectacular beach bar and grill
                • High quality gymnasium
                • Hotel lobby and sports bar
                • A range of buffet and themed restaurants
                • Two large communal pool areas with swim-up bar
                • The opulent YHI Spa for the ultimate indulgence
MELIÃ HOTELS                     AND          RESORTS
         Th e l a r g e s t R e s o r t O p e r a t o r i n t h e Wo r l d
On completion in 2011, Tortuga Beach Resort & Spa will be managed by Sol Melia,
who with over 300 resorts under management world-wide and a turnover in
excess of 1 billion, are the largest resort hotelier in the world.

The resort will be operated under their Melia brand, which is the largest in
their expansive world-wide hotel brand portfolio. It is renowned for delivering
exceptional 5-star luxury and the highest standards of service, plus it ensures
Tortuga Beach will be operated by the most skilled and experienced resort
management team.

                        • The largest group of resort-based hotels in the world
                        • The largest hotel chain in Spain and sixth largest hotel chain in Europe
                        • Established for over 50 years with more than 300 hotels in 28 countries
                        • Turnover in excess of €1 billion
                        • Global online network receives 4.5 million hits per month and 5.3 million
                          registered customers

                        • MELIÃ is the largest brand within the Sol Meliá portfolio, delivering and
                          unforgettable guest experience
                        • Exceptional levels of customer service and a loyal database of customers
                        • Established range of hotels and resorts throughout the world
                        • The finest dining experience is at the heart of the MELIÃ brand
THE RESORT PLAN




                                                                  4
                                                                                          3
                                                                      3                                   1

                                          2
                                                                                         5




  1 Hotel                   2 Beach bar & grill   4 Swim-up bar           3 Two communal pools   5 Mini kids-club
 Facilities Include:
 Gymnasium, YHI SPA,
 Lobby Bar, Sports Bar,
 Night Club, Restaurants,
 Store and Medical Centre
TORTUGA BEACH                              RESORT                           - THE HOTEL SUITES



                                                                                                                                                                                                     First Floor
      Basement

                             1                         6                                                                                                                                                          1
                                                                                                                                                                                                                                                                                                  5   5   5   5
                                                                                        5                                                                                                                                                                                             4       4
               2
                                                                                                                                                                                                                                   3




                                                                                                                                                                                                                 2

               3                                                                                                                                                                                                                                                       5              5   5   5   5   5   5   5



                                     4




                                                                                                                                                                                                      Key                                   Hotel Facilities
                                                                                                 Ground Floor                                                                                               Staff Offices                      1 Conference Room 1   4 Master Suites 1
      Key                                  Hotel Facilities
                                                                                                                                                                                                            Hotel Services                  2 Conference Room 2   5 Studio Suites 2
            Staff Offices                     1 Treatment Rooms   4 GYM
                                                                                                                                                                                                            Sercurity and Technical offices   3 Conference Hall
            Hotel Services                 2 Relaxation Room   5 Store                                                                                                                                      WC
            Security and Technical offices   3 Spa               6 Medical Services

                                                                                                                  1                                                                      4
                                                                                                                                                                                             5


                                                                                                                                                                                                 6
                                                                                                                                                 3




                                                                                                                           2




                                                                                                 Key                                   Hotel Facilities
                                                                                                       Staff Offices                      1 Sports Bar/Night Club   4 Lobby bar
                                                                                                       Hotel Services                  2 Shop                    5 Thematic Restaurant
                                                                                                       Sercurity and Technical offices   3 Lobby                   6 Buffet Restaurant
                                                                                                       WC
TORTUGA BEACH                         RESORT          - THE HOTEL SUITES




                                                                   1   2              3   4

                              M                     M




                12            11       10           9              8   7              6   5




                                    Price               Bedroom            En-suite        Terrace
Master Suites 1 - 2                €185,000 SOLD        41.85 m2           10.35 m2         32 m2
Type 2 - Studio Suites 1           €145,000             33.15 m2            8.35 m2       16.20 m2
Type 2 - Studio Suite 2-3          €145,000             33.15 m2            8.35 m2       15.25 m2
Type 2 - Studio Suite 4            €145,000             33.15 m2           8.35 m2        14.70 m2
Type 1 - Studio Suites 5-11        €130,000             33.15 m2            8.35 m2        10.4 m2
Type 1 - Studio Suite 12           €130,000             33.15 m2            8.35 m2        10.9 m2
TORTUGA BEACH RESORT                                                                  PAYMENT O PTION
                                                                                        STUDIO TYPE ONE
- THE HOTEL SUITES
                                                                          Option 1                                Option 2

The Payment Plans   LIST PRICE                                            €130,000                                €130,000

                                                                            45%                                    45%
                    Deposit (with enhanced exchange rate)                  €58,500                                €58,500

                                                       enhanced exchange rate of €1.25 - £1.00

                                                                          £46,800                             £46,800
                    Fixed sterling deposit
                                                                                                    Offered on first 45% deposit

                    Spot rate equivalent                                  €51,480                                 €51,480

                    Discount via enhanced rate                             €7,020                                  €7,020


                    Remaining 40% Deposit                                    NA                                   €52,000

                                                                           55%                            REMAINING 15%
                    Completion Payment (Feb 2011)                         €71,500                          WRITTEN OFF

                    NET PRICE                                             €122,980                            €103,480

                    TOTAL DISCOUNT                                         €7,020                                 €26,520

                                           We will also pay 6% non-returnable interest on any cash used to fund
                                                          your deposit (payable until completion)
TORTUGA BEACH RESORT                                                                  PAYMENT O PTION
                                                                                        STUDIO TYPE TWO
- THE HOTEL SUITES
                                                                          Option 1                                Option 2

The Payment Plans   LIST PRICE                                            €145,000                                €145,000

                                                                            45%                                    45%
                    Deposit (with enhanced exchange rate)                  €65,250                                €65,250

                                                       enhanced exchange rate of €1.25 - £1.00

                                                                          £52,200                             £52,200
                    Fixed sterling deposit
                                                                                                    Offered on first 45% deposit

                    Spot rate equivalent                                  €57,420                                 €57,420

                    Discount via enhanced rate                             €7,830                                  €7,830


                    Remaining 40% Deposit                                    NA                                   €58,000

                                                                           55%                            REMAINING 15%
                    Completion Payment (Feb 2011)                         €79,750                          WRITTEN OFF

                    NET PRICE                                             €137,170                            €115,420

                    TOTAL DISCOUNT                                         €7,830                                 €29,580

                                           We will also pay 6% non-returnable interest on any cash used to fund
                                                          your deposit (payable until completion)
TORTUGA BEACH RESORT
- THE HOTEL SUITES

The Rental Returns                     R ENTAL P ROJECTIONS -   STUDIO TYPE ONE


                     LIST PRICE                                    €130,000

                     Net Price 45% Deposit Option                  €122,980
                     Net Price 85% Deposit Option                  €103,480
                     Net Room Rate                   €110            €110          €110
                     Occupancy %                     68%             80%           95%
                     Occupancy Days                  248             292           346
                     Gross Annual Revenue           €27,280        €32,120        €38,060
                     50% Owner Share                €13,640        €16,060        €19,030
                     OWNER EXPENSES
                     Community Fee                   €960           €960           €960
                     NET INCOME TO OWNER            €12,680        €15,100        €18,070

                     Income Yield (45% Deposit)     10.31%          12.28%        14.69%

                     Income Yield (85% Deposit)     12.25%          14.59%        17.46%
TORTUGA BEACH RESORT
- THE HOTEL SUITES

The Rental Returns                     R ENTAL P ROJECTIONS -   STUDIO TYPE TWO


                     LIST PRICE                                    €145,000

                     Net Price 45% Deposit Option                  €137,170
                     Net Price 85% Deposit Option                  €115,420
                     Net Room Rate                   €120            €120          €120
                     Occupancy %                     68%             80%           95%
                     Occupancy Days                  248             292           346
                     Gross Annual Revenue           €29,760        €35,040        €41,520
                     50% Owner Share                €14,880        €17,520        €20,760
                     OWNER EXPENSES
                     Community Fee                   €960           €960           €960
                     NET INCOME TO OWNER            €13,920        €16,560        €19,800

                     Income Yield (45% Deposit)     10.15%          12.07%        14.43%

                     Income Yield (85% Deposit)     12.06%          14.35%        17.15%

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Tortuga Hotel Suites E Brochure

  • 1. T H E H O T E L S U I T E S
  • 2. INVEST NOW FOR IMMEDIATE RETURNS
  • 3. INVESTIN CAPE VERDE FOR A MORE REWARDING FUTURE Cape Verde is a flourishing paradise island, with pure white sands, clear Turquoise Ocean and a booming tourism industry. It is the perfect location for your investment, delivering an exceptional opportunity for long term growth and rental returns. Why Invest in Cape Verde: • Year round tropical climate, with no low season or hurricanes and some of the best beaches in the world • Excellent travel links to the UK and Europe with direct flights to Sal's International airport only 5 1⁄2 hours from the UK • Flourishing tourism industry, with a strong emerging market and politically very stable • High government investment in energy, utilities and infrastructure • Billions of Euros of international investment into hotels, resorts, golf resorts, marinas, water parks and commercial centres • Strict environmental controls and regulations for tourism development • Current on-island demand for quality accommodation outstripping supply - delivering opportunity for substantial and sustained rental returns • Increasing land values driven by a rapid growth in tourism offering long-term high capital growth opportunity
  • 4. THE PERFECT LOCATION AND STUNNING YEAR ROUND CLIMATE Just one hour south of the Canary Islands, Cape Verde offers European visits their closet tropical climate. It enjoys year round sunshine and almost no low season.
  • 5. TORTUGA BEACH RESORT 9 10 2 11 12 8 1 7 6 5 4 3 1 Dunas Beach Resort & Spa 8 Club-Hotel Riu Funana 2 Tortuga Beach Resort & Spa & Club-Hotel Riu Garopa 9 A8 3 Djadsal Perfectly positioned 4 Land acquired by Hilton Hotel Group 10 C1 11 C2 12 3rd Development by to maximise your returns 5 Vila Crioula 6 Vila Farol The Resort Group 7 Esmeralda Beach
  • 6. INVESTING IN TORTUGA BEACH RESORT Enjoy immediate, long-term and substantial returns Tortuga Beach Resort & Spa is a 5-star development set right on the beach in Sal Island, Cape Verde. To be completed early 2011, an investment today will immediately deliver, thanks to a high projected rental return. An impressive development, and finish to the highest quality, Tortuga Beach Resort delivers premium accommodation to meet the growing on-island demand. In addition to a wonderful range of apartments and villas, the resort will feature a 5-star hotel and you can now invest in the Resort by purchasing a luxurious Hotel Suite. The completed resort has a fantastic range of facilities, all of which deliver an unforgettable guest experience, including: • A spectacular beach bar and grill • High quality gymnasium • Hotel lobby and sports bar • A range of buffet and themed restaurants • Two large communal pool areas with swim-up bar • The opulent YHI Spa for the ultimate indulgence
  • 7. MELIÃ HOTELS AND RESORTS Th e l a r g e s t R e s o r t O p e r a t o r i n t h e Wo r l d On completion in 2011, Tortuga Beach Resort & Spa will be managed by Sol Melia, who with over 300 resorts under management world-wide and a turnover in excess of 1 billion, are the largest resort hotelier in the world. The resort will be operated under their Melia brand, which is the largest in their expansive world-wide hotel brand portfolio. It is renowned for delivering exceptional 5-star luxury and the highest standards of service, plus it ensures Tortuga Beach will be operated by the most skilled and experienced resort management team. • The largest group of resort-based hotels in the world • The largest hotel chain in Spain and sixth largest hotel chain in Europe • Established for over 50 years with more than 300 hotels in 28 countries • Turnover in excess of €1 billion • Global online network receives 4.5 million hits per month and 5.3 million registered customers • MELIÃ is the largest brand within the Sol Meliá portfolio, delivering and unforgettable guest experience • Exceptional levels of customer service and a loyal database of customers • Established range of hotels and resorts throughout the world • The finest dining experience is at the heart of the MELIÃ brand
  • 8. THE RESORT PLAN 4 3 3 1 2 5 1 Hotel 2 Beach bar & grill 4 Swim-up bar 3 Two communal pools 5 Mini kids-club Facilities Include: Gymnasium, YHI SPA, Lobby Bar, Sports Bar, Night Club, Restaurants, Store and Medical Centre
  • 9. TORTUGA BEACH RESORT - THE HOTEL SUITES First Floor Basement 1 6 1 5 5 5 5 5 4 4 2 3 2 3 5 5 5 5 5 5 5 5 4 Key Hotel Facilities Ground Floor Staff Offices 1 Conference Room 1 4 Master Suites 1 Key Hotel Facilities Hotel Services 2 Conference Room 2 5 Studio Suites 2 Staff Offices 1 Treatment Rooms 4 GYM Sercurity and Technical offices 3 Conference Hall Hotel Services 2 Relaxation Room 5 Store WC Security and Technical offices 3 Spa 6 Medical Services 1 4 5 6 3 2 Key Hotel Facilities Staff Offices 1 Sports Bar/Night Club 4 Lobby bar Hotel Services 2 Shop 5 Thematic Restaurant Sercurity and Technical offices 3 Lobby 6 Buffet Restaurant WC
  • 10. TORTUGA BEACH RESORT - THE HOTEL SUITES 1 2 3 4 M M 12 11 10 9 8 7 6 5 Price Bedroom En-suite Terrace Master Suites 1 - 2 €185,000 SOLD 41.85 m2 10.35 m2 32 m2 Type 2 - Studio Suites 1 €145,000 33.15 m2 8.35 m2 16.20 m2 Type 2 - Studio Suite 2-3 €145,000 33.15 m2 8.35 m2 15.25 m2 Type 2 - Studio Suite 4 €145,000 33.15 m2 8.35 m2 14.70 m2 Type 1 - Studio Suites 5-11 €130,000 33.15 m2 8.35 m2 10.4 m2 Type 1 - Studio Suite 12 €130,000 33.15 m2 8.35 m2 10.9 m2
  • 11. TORTUGA BEACH RESORT PAYMENT O PTION STUDIO TYPE ONE - THE HOTEL SUITES Option 1 Option 2 The Payment Plans LIST PRICE €130,000 €130,000 45% 45% Deposit (with enhanced exchange rate) €58,500 €58,500 enhanced exchange rate of €1.25 - £1.00 £46,800 £46,800 Fixed sterling deposit Offered on first 45% deposit Spot rate equivalent €51,480 €51,480 Discount via enhanced rate €7,020 €7,020 Remaining 40% Deposit NA €52,000 55% REMAINING 15% Completion Payment (Feb 2011) €71,500 WRITTEN OFF NET PRICE €122,980 €103,480 TOTAL DISCOUNT €7,020 €26,520 We will also pay 6% non-returnable interest on any cash used to fund your deposit (payable until completion)
  • 12. TORTUGA BEACH RESORT PAYMENT O PTION STUDIO TYPE TWO - THE HOTEL SUITES Option 1 Option 2 The Payment Plans LIST PRICE €145,000 €145,000 45% 45% Deposit (with enhanced exchange rate) €65,250 €65,250 enhanced exchange rate of €1.25 - £1.00 £52,200 £52,200 Fixed sterling deposit Offered on first 45% deposit Spot rate equivalent €57,420 €57,420 Discount via enhanced rate €7,830 €7,830 Remaining 40% Deposit NA €58,000 55% REMAINING 15% Completion Payment (Feb 2011) €79,750 WRITTEN OFF NET PRICE €137,170 €115,420 TOTAL DISCOUNT €7,830 €29,580 We will also pay 6% non-returnable interest on any cash used to fund your deposit (payable until completion)
  • 13. TORTUGA BEACH RESORT - THE HOTEL SUITES The Rental Returns R ENTAL P ROJECTIONS - STUDIO TYPE ONE LIST PRICE €130,000 Net Price 45% Deposit Option €122,980 Net Price 85% Deposit Option €103,480 Net Room Rate €110 €110 €110 Occupancy % 68% 80% 95% Occupancy Days 248 292 346 Gross Annual Revenue €27,280 €32,120 €38,060 50% Owner Share €13,640 €16,060 €19,030 OWNER EXPENSES Community Fee €960 €960 €960 NET INCOME TO OWNER €12,680 €15,100 €18,070 Income Yield (45% Deposit) 10.31% 12.28% 14.69% Income Yield (85% Deposit) 12.25% 14.59% 17.46%
  • 14. TORTUGA BEACH RESORT - THE HOTEL SUITES The Rental Returns R ENTAL P ROJECTIONS - STUDIO TYPE TWO LIST PRICE €145,000 Net Price 45% Deposit Option €137,170 Net Price 85% Deposit Option €115,420 Net Room Rate €120 €120 €120 Occupancy % 68% 80% 95% Occupancy Days 248 292 346 Gross Annual Revenue €29,760 €35,040 €41,520 50% Owner Share €14,880 €17,520 €20,760 OWNER EXPENSES Community Fee €960 €960 €960 NET INCOME TO OWNER €13,920 €16,560 €19,800 Income Yield (45% Deposit) 10.15% 12.07% 14.43% Income Yield (85% Deposit) 12.06% 14.35% 17.15%