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Curaçao, an investment paradise… www.bslnv.com Curaçao: P: 599-94636195 F: 4636695 Panamá: P: 507-3908316 F: 3908317 Miami-Florida: P: 786-5394964 / 305 7816490 F: 5394963 …an investor`s dream CURAÇAO What makes Curacao special among Caribbean islands? Authenticity. For centuries, the island have forged a vibrant and rich culture rooted in history and hospitality. The heritage is both European and African – representing more than 50 nationalities. We speak Dutch, Spanish, and English – as well as a local language, Papiamentu, a colorful Creole dialect. Why Curaçao? See what makes Curaçao special! Exquisite beaches and spectacular diving, stunning architecture, activities, and adventures for every interest -- plus multicultural diversity, intriguing music, art, and cuisine. Experience the best of Curacao. Read more about Curaçao: www.curacao.com www.curacao.com THE PROJECT PISCADERA HARBOUR VILLAGE is a residential-touristic project developed on a plot of 16.000 m2 in the spectacular Piscadera Bay sector just alongside the Hilton Hotel at only about 100 meters from the crystalline bay of Hook's Huts, with restaurant services, chairs, divingclasses, etc. It will have 40 apartments, 22 bungalows, a pool area overlooking the bay, reception area for owners and their guests, gym and business center. The set will be managed under a Rental Pool system handled by an international hotel operator; so that homeowners can incorporate their units to be rented during the period that are not used, and maximize the return of the investment. In order to achieve this, the operator will use a marketing system that includes direct bookings, online sales and distribution through global travel agents and airline networks. A special area of 4,000 m2 at only 15 meters from the seaside has been reserved for shops and restaurants. Just 7 minutes away is Blue Bay; an 18-holes golf course in a unique setting by the sea that offers a challenge to players of all levels. The hill-shaped plot has been taken by the Architect to provide most of the units with a sensational view of the bay and its natural enviroment. * The master plan could be changed ...an investor´s dream BUNGALOWS Twenty-two (22) units are being constructed with terraces of 100 m² and 32 m². They will consist of two (2) or three (3) rooms, two (2) bathrooms, a complete kitchenette, living room, terrace. Every unit will be able to make use of two parking lots. * Interior design pictures are referential APARTMENTS Type 1: These units with a surface area of approx. 80 m² each, are being constructed in 5 building, each with two stories (floors); Four (4) buildings of eight (8) apartments each and one (1) building of six (6) apartments will be divided as follows: two (2) bedrooms, two (2) bathrooms, kitchenette, living room, terrace or balcony with one parking lot. * Interior design pictures are referential APARTMENTS Type 2: These apartments have a surface area of approx. 137 m², divided over two stories (floors), as follows: the top floor with the same division of the type 1 apartments, but with the living room section having a height which is twice as much. The top floor consists of a space that can be converted into a bedroom of approximately 24 m² and a terrace of 33 m². * Interior design pictures are referential RECREATION CENTER & POOL The condominium will have a pool area with a beautiful view over the bay of Piscadera, gym, a small business center and beautiful landscaping. The commercial area will have restaurants, watercraft rentals, fishing boats, etc. RETURN OF INVESTMENT Estimate example of return on investment PHV UNIT TIP Bedroom Max. Pax. Low Season High Season Apartments 2 6 $ 150,00 $240,00 Variables to calculate income and expenses Depreciator of inventory per occupied day Variable costs water / electricity $6,00 $30,00 Occupation % year 65% High season /days 118,63 Low season /days 118,63 APARTMENT PRICE * All this figures are only estimates FROM $220,000 RETURN OF INVESTMENT (cont.) Estimate example of return on investment PHV Rental Income High season $28.470,00 Low season $17.793,00 Total gross income $46.263,75 Costs Rentapool Real state tax Curaçao (estimation) 0.4% $880,00 Depreciatos of inventory per occupied day $1.423,50 Variable costs water / electricity $7.117,50 Monthly owner fee $252 $3.024,00 Rentapool fee 25% (approx) / groos income $11.565,94 Total costs $24.010,94 Total net income $22.252,81 10,11% * All this figures are only estimates PROJECT STATUS (JANUARY 2011)