Contents. 4 Why invest in Cape Verde? 6 History of Cape Verde. 7 Sal Island. 8 Dunas Beach Resort. 9 Why invest with The Resort Group

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1 Contents 4 Why invest in Cape Verde? 6 History of Cape Verde 7 Sal Island 8 Dunas Beach Resort 9 Why invest with The Resort Group 10 Dunas Beach Resort and Facilities 12 Investment Opportunity 14 Meliá Hotel & Spa 16 Reaping your returns 18 Capital Growth 20 Payment Options 22 SIPP 23 Extra services 24 Next Steps 26 Properties

2 Why Invest in Cape Verde? Imagine endless white sands caressed by gentle sea breezes and lapped by a gleaming turquoise ocean. This is Cape Verde, a new island paradise just waiting to be discovered. Excellent potential for investors with predicted rental returns of up to 11% a year Potential Capital Growth of up to 15% pa Year round sunshine and no heavy rainfall A stable political and economic system West Africa's highest standard of living Rapidly developing infrastructure Direct flights of just 5 1 /2 hours from the UK Time zone just one hour behind GMT An emerging paradise in high demand from Tour Operators It's recently been voted one of the top ten holiday destinations in the world by Expedia, and tourism there is booming. From 67,000 visitors in 2000 to over 300,000 in 2007, this figure is rising all the time and is expected to top 500,000 by According to the National Statistics Institute (INE), tourist numbers rose by 6.5% in 2008 alone despite the international financial crisis. It's no wonder. Cape Verde offers a captivating blend of history and culture, activity and adventure and of course, endless year-round sunshine. Nestling in the Atlantic ocean some 450 kilometres off the west coast of Africa and the countries of Senegal and Mauritania, Cape Verde actually consists of ten islands and five islets. It's been called the European Caribbean, and you can see why. Cape Verde enjoys a dry, tropical climate with cool currents drifting around the islands and keeping temperatures to a pleasant 22 to 30 all year round. It all makes Cape Verde one of the hottest property and holiday locations in the world, and a five-star investment opportunity for capital growth, rental income or resale. 5

3 A rich and fascinating history The story of Cape Verde begins in 1456 the islands and founded Ribeira Grande (now Cidade Velha) on the island of São Vicente. This was first European town in the tropics. At this time, the slave trade was booming and settlers moved quickly to reap the benefits of this untouched land by importing slaves from the West African coast. The islands soon grew wealthy enough to attract pirates, including a raid in 1585 by England's Sir Francis Drake. But this prosperity was short-lived and there was little investment in Cape Verde over a lengthy period lasting well into the 20th century. This meant that many local men had to find work on American whaling ships and even today, Cape Verdean communities along the New England coast rival the population of Cape Verde itself. In fact, it was the ocean liner that sparked the revival of Cape Verde, and in particular the island of Sal. Its location made it the perfect stopover for the transportation of coal, water and livestock. And when the aeroplane replaced the ocean liner, Cape Verde capitalised on this and opened an international airport on Sal in Today, Sal airport is now truly international with visitors arriving from all over the world. Independence from Portugal came in 1975 and today Cape Verde enjoys a very stable political structure with a growing economy. The government is encouraging tourists to visit the islands, whilst they insist on preserving the unique character and soul of this emerging paradise. Sal Island The shining star of Cape Verde The most popular of the Cape Verde islands, Sal was the first to attract tourists with the opening of the international airport in The jewel in Cape Verde's crown, Sal island is widely recognised as a serious rival to nearby Canary islands. Sal welcomes 57% of all of the tourists who visit Cape Verde The government is investing to create a world-class tourist destination A five-star hotel trading at 95% occupancy and two new resorts being built Two new golf courses designed by Ernie Els Plans for an upmarket marina The government is investing in the island to create a modern, world class tourist destination. So, the decision to invest in a home on Sal Island is made even easier by the excellent travel links from the UK. Today, there are regular scheduled flights to Sal's established international airport from Heathrow, Gatwick and Manchester. The charming town of Santa Maria in the south is the main tourist resort and has eight kilometres of stunning beaches, and a good choice of shops and restaurants around the lovely town square where lively musicians can be found jamming local classics. Other highlights include the town of Espargos in the centre of the island, the salt flats of Pedra de Lume on the east coast and the port town of Palmeira on the western side of the island. It's an emerging and growing market and the Cape Verdean government is protecting the island by enforcing strict development rules. These will prevent overcrowding and high rise building, all helping to preserve the local landscape and natural beauty of the island. All in all, Sal Island is at the heart of the investment excitement which surrounds Cape Verde. Its' unique combination of climate, location, fast and convenient access and rapid development mean there's never been a better opportunity to invest for capital growth, rental income or resale. 7

4 Dunas Beach Resort With a beachfront location on the prime white sands of Ponta Preta beach, and close to the town of Santa Maria, Dunas Beach Resort is perfectly placedto capitalise on Cape Verde's soaring popularity. Set in landscaped grounds next to the ocean, Dunas Beach Resort is a prestige development of new villas and apartments built to the very highest specification. The whole interior design scheme centres around the concept of 'Contemporary Simplicity.' This is an understated luxury emphasising pure shapes and subtle design. The finish is vitally important, so the design demands high quality materials and products. The earthy colour scheme is comforting and tranquil, making the rooms the perfect place to relax. Stylish furniture, luxurious fabrics and subtle lighting allows for a sensuous and serene hideaway. Porcelain wall and floor ceramics give a natural stone effect which reflects the aesthetics of nature. The resort has everything that residents could possibly need. The boulevard close to the ocean has bars and restaurants serving a variety of cuisine. There are landscaped gardens, spacious pool areas and secluded walkways. A range of activities are available for the active, or you can simply lounge around and take in the sun. There's a concierge service to take care of all your needs. All contained in a private gated community that's perfect for families and couples wishing to get away from it all. In addition, Dunas Beach Resort will feature an opulent five-star Meliá Hotel and Spa, offering high quality restaurants, an elegant wine bar, relaxing piano bar, two poolside bars, courtesy and lounge areas, luxury spa and gym, tennis courts and a variety of shops. In short, it is one of the fastest-selling developments on Sal Island to date and represents an outstanding opportunity for both investment and lifestyle buyers. Superb front-line five bedroom single storey detached villas each with its own private swimming pool Stunning three bedroom two-storey detached villas Wide range of deluxe apartments with a choice of one, two or three bedrooms Ernie Els-designed golf course being built next to the resort Less than twenty minutes from Sal's international airport All the facilities of the five-star Meliá Hotel and Spa Over 10,000 sqm of shared pools across the estate Time zone just one hour behind GMT World class restaurants and bars with fusion cuisine 9

5 The Dunas Beach Resort and facilities at a glance A B C D E F G H Beach Wet Bar Main Pool Security Gate Houses Shops Tennis Courts Communal Pools Snack Bar/Restaurant I Hotel/Commercial Area Luxury 72 room hotel (including 2 Presidential Suites) High-quality restaurant facilities in the Hotel (catering for the whole resort) Wine Bar Piano Bar Courtesy and lounge areas 24 hour reception and concierge Shops and convenience store Luxury spa and state of the art gymnasium Late bar with stylish courtyard Childrens play areas NOTE: FOR INDICATIVE PURPOSES ONLY. THE EXACT SPECIFICATIONS MAY CHANGE IF THE DEVELOPER FEELS IT NECESSARY IN THE INTEREST OF THE PROJECT 11

6 The perfect investment opportunity Buying off-plan in the right emerging market is your passport to locked in capital appreciation. For attactive rental returns, captial growth or building wealth for retirement, there couldn't be a more sensible and prudent investment than Dunas Beach Resort. It's a prestigious development in an emerging market, and it offers you every opportunity to enjoy considerable capital growth and a steady stream of rental income. Regarded as the next tourist hotspot - four hours closer than the Caribbean Set to become a major tourist destination with visitors expected to top 500,000 by 2015 Continued investment into the local infrastructure providing improving facilities and entertainment A developing country, with a growing economy and stable political conditions As demand for high quality holiday accommodation continues to outstrip supply, the rental opportunities will grow and grow As the popularity of Cape Verde increases and land values rise, demand will steadily grow and your property will become more valuable even during construction. In addition, you can look forward to a regular source of income as more and more visitors come to Cape Verde and Sal Island. The Resort Group also make it easy for you to make your investment in Dunas Beach Resort. We offer total flexibility with our three payment options and the reassurance of our Safe and Secure Buying Plan. The Resort Group With you every step of the way The Resort Group is a major international property developer specialising in selecting, developing and selling off-plan properties. We have the expertise, the experience and most importantly, the financial strength to make good on our promise of producing maximum returns for our clients. Worldwide property development expertise in emerging markets Working in partnership with a world-leading hotel management group A successful tack record of delivering high quality developments on time A high level of customer service with our team supporting you throughout the process Strict due diligence procedures carried out with government and local planners We only select developments in prime locations, which are set to provide substantial growth in value and high returns on investment. Thanks to our management partnership with Sol Meliá, the largest resort hotelier in the world, our developments deliver on both capital growth and rental returns. Right now, our focus is on Cape Verde and Sal Island, perhaps the most exciting and rewarding property investment opportunity available in the global market today. Above all, our objective is on creating and offering the very highest quality of resort, making a Dunas Beach Resort property your perfect investment. You can also buy with complete confidence knowing that we have carried out a strict due diligence process with the Cape Verdean government, and that this development has all of the necessary permissions, plans and licences, and meets the highest quality control standards. 13

7 Sol Meliá is the largest resort hotel group in the world with over 50 years experience, more than 300 hotels in 28 countries on four continents and over 35,000 employees. Luxury five-star 88-room Meliá Hotel including two presidential suites Hospitality facilities for the villas and apartments included at the rental pool, managed by Sol Meliá High quality restaurant facilities in the hotel catering for the whole resort Additional poolside restaurants and bars Elegant wine bar and piano bar Yhi spa and state-of-the-art gym Tennis courts The company has a portfolio of travel brands offering hotels for every type of holiday, every type of traveller. It's no surprise then that The Resort Group has partnered with Sol Meliá and will enjoy all of the benefits of their luxury resort brand in the shape of the stunning Meliá Hotel. In fact, the luxury Meliá brand will confer a five-star stamp of approval across the entire development, ensuring a regular flow of tourists. At the heart of the hotel's opulence will be the Yhi Spa, where you can pamper all your senses in a purifying experience of relaxation and rejuvenation. The hotel will also offer all the facilities you would expect from a fivestar establishment, including a variety of bars and restaurants, relaxing pools, a beach club, sports and entertainment facilities and of course, guest rooms and suites of the highest quality. As the largest resort hotel group in the world, no one is better placed than Sol Meliá to produce business success and drive rental bookings for the Dunas Beach Resort. The largest hotel chain in Spain The sixth largest hotel chain in Europe The 15th largest hotel chain in the world The largest group of resort-based hotels in the world Sol Meliá s website network receives 150,000 visits EVERY DAY A world-leading hotel management group who have a real incentive to optimise bookings Sol Meliá has a database of loyal customers who keep returning to their hotels and look forward to visiting any new developments bearing their name. In addition, the reputation and standing of the company attract the very best staff to ensure a five star service at each development. Sol Meliá can provide expert advice on furnishing your new property. These come in the form of a Hotel Excellence Package and Hotel Managed Rental Club, a complimentary or discounted benefit of The Resort Group's payment plan options. The Hotel Excellence Package will enrich and transform your new home with beautifully styled contemporary design, a luxury furniture collection and high quality décor. All the interiors have been carefully selected and approved by the Meliá hotel experts for durability and style. Your property also brings you VIP membership of the Hotel Managed Rental Club, which places your property rentals in the experienced and professional hands of the Sol Meliá Sales and Operations teams. Images are positional only 15

8 Reaping regular returns from your investment property What kind of rental occupancy can you expect? Increasing land values A growing and stable economy Developing and improving communications infrastructure Political and economic stability Environmental controls Premium land plots, creating the most desirable, saleable and rentable properties available - key ingredients for maximising capital growth These are the kind of things we look for when assessing high capital growth opportunities. Once again, Cape Verde meets all of these requirements. And when you buy offplan, you get in at ground level. So here, you have all the right conditions in your favour to achieve substantial capital growth. Savills, the world-leading property services group estimate an average 149 per day rental fee - this is the typical rental income for a two-bedroom apartment. With an expected minimum rental occupancy of 68%, this would bring you in a gross annual rental profit of over 15,000 and a yield of 9.4%. Could you match this anywhere else? 22,656 Savills reported RIU has a hotel occupancy rate of 95% Dunas Resort Rental Income 2 Bed Apartment 164,950 Occupancy level Income Daily room rate Annual gross income Rui Hotel Occupancy* 95% ,666 36,952 Cape Verde average 80% ,508 21,754 Global Average 68% ,982 18,491 18,577 Sol Meliá fees 25,833 21,754 1,160 Average 'on island' occupancy rate Annual expenses Community fees based on 20 pw 1,160 1,160 1,160 Water/Electrical based on 15 pw Property Tax 1,237 1,237 1,237 Gross profit Project Yield (%) 22, % 18, % 15, % 15,314 * as reported by Savilles Conservative estimate of occupancy of 68% (global average from worldleading hotel operators) 17

9 The prospect of significant capital growth The Resort Group have done all the hard work for you with our totally dedicated and rigorous search for high value returns. In fact, your investment has every possibility of seeing considerable capital growth. Here's why: Excellent potential for investors with predicted rental returns of up to 11% a year and property prices likely to increase by 25% a year A prestige development in an unspoilt reserve on Cape Verde's most developed island There are direct flights from airports all around the UK It offers British and European visitors the closest tropical island destination to their home country Political and economic stability It has a great all-year-round moderate climate with almost no low season The Resort Group is a committed developer investing in long-term success 5 Year Growth 94, , ,937 Yr 5 246, , ,989 Yr 4 226, , ,077 YEAR Yr 3 Yr 2 207, , ,371 Yr 1 190, , , , , ,950 9% 12% 15% CAPITAL GROWTH Construction Resort Open 19

10 Your payment options Payment Option One Payment Option Two Payment Option Three 2,000 reservation fee 35% payment on contract - less reservation fee We'll pay your interest up to 10% every year until completion, on any money you borrow. This interest is rolled up and added to your completion mortgage. Or, if you have your own savings and prefer to use them to speed things up, we'll pay 6% interest p.a. compensation until completion - completely free and non-returnable. 65% payment on completion 70% to 85% loan to value mortgages, subject to status, are available on completion based on initial purchase price and likely to cover the cost of rolled-up interest. Interest-only mortgage options available for the first five years. 35-year mortgage terms available up to a maximum age of % DISCOUNT on the Hotel Excellence Package to help you create a beautifully appointed property. Plus guaranteed entry into the Hotel Managed Rental Club. 2,000 reservation fee 45% payment on contract - less reservation fee We'll pay your interest up to 10% every year until completion, on any money you borrow. This interest is rolled up and added to your completion mortgage. Or, if you have your own savings and prefer to use them to speed things up, we'll pay 6% interest p.a. compensation until completion - completely free and non-returnable. 55% payment on completion 70% to 85% loan to value mortgages, subject to status, are available on completion based on initial purchase price and likely to cover the cost of rolled-up interest. Interest-only mortgage options available for the first five years. 35-year mortgage terms available up to a maximum age of 75. Hotel Excellence Package offered with our compliments to help you create a beautifully appointed property. Plus guaranteed entry into the Hotel Managed Rental Club. 2,000 reservation fee Payments of 25% (less reservation fee), 20%, 20% and 20% at six monthly intervals. The remaining balance of 15% is completely written off. Hotel Excellence Package offered with our compliments to help you create a beautifully appointed property. Plus guaranteed entry into the Hotel Managed Rental Club. A mouthwatering offer if you have capital available and don't rely on a mortgage. This is a great investment that's way ahead of other alternatives. 21

11 The additional services you'd expect from a five-star resort Naturally, ownership of a property at the Dunas Beach Resort brings with it certain privileges. Automatic access to the Hotel Excellence Package on a complimentary or discounted basis VIP membership of the Hotel Managed Rental Club Pooled rental income Of course, you have unlimited access to all of the five-star resort facilities including the boulevard of bars and restaurants, spacious pools, a beach club, sports and entertainment facilities and everything available at the Meliá Hotel and Spa including the opulent Yhi spa. You also have automatic access to the Hotel Excellence Package as well as membership of the Hotel Managed Rental Club. The Hotel Excellence Package is usually offered at full price on all developments managed by Meliá. However, The Resort Group have made this inspirational service available to all our investors with our compliments, on payment options two and three, and at 50% off with payment option one. In addition, your property brings you VIP membership of the Hotel Managed Rental Club, which is managed by the Sol Meliá Group to maximise your rental occupancy. You also have the added reassurance of The Resort Group's unique Pooled rental income programme. This means that the rent received by all property owners is pooled together. So, even if your property has low occupancy through the year, you still receive valuable rental income. As an added benefit, you can also take advantage of legal services using an independent solicitor. So your professional fees will all be paid for you. 23

12 Or you can use a SIPP to buy your overseas property You might think that you would need to be a wealthy investor to take advantage of this opportunity. This couldn't be further from the truth. You can actually fund your purchase with your pension using a SIPP, or Self Invested Personal Pension. This not only offers considerable tax advantages, but it also puts you in control of how your pension is invested for the future. And the process is much easier than you may think. COMBINE Utilise existing Personal pension Invest cash or transfer shares A SIPP offers you a combined pension pot with additional benefits to maintain your investment Transfer any frozen funds from previous employment SIPP: Self Invested Personal Pension You can borrow up to 50% of the net value of a SIPP to increase the funds for your property investment BORROW Look how your SIPP can grow Rental 9% p.a. Capital 6% p.a. 266, , , Year SIPP growth TAX RELIEF Attracts tax relief at an individual s highest rate of tax Tax Relief 100,000 INVEST 60,000 Initial Investment 0 REWARD We have partnered with some of the UK's leading pension and investment experts to give you the help and information you need to guide you through your options. They will assess your current funds and then transfer any 'frozen' pensions from previous employment, businesses and/or funds from other personal pensions. SIPP Value increases from Capital Growth and rental return All you have to do is choose the property you'd like to put into your pension fund and we'll do the rest. You can also club together with other investors to buy one, or several, of our properties together. This diagram outlines how you can use a SIPP to buy your investment property at Dunas Beach Resort: 25

13 Take the first step Now the fun part - choosing your property from the beautifully designed and luxuriously appointed options Dunas Beach Resort has to offer. Whether it's a villa or apartment that you'd like, all of the 1,100 properties have been designed to offer you a wonderful living space finished to the very highest standards. First you select a property and payment option that's right for you. The next step is to secure your property by completing our reservation form and returning it along with a reservation fee of only 2,000. To help you make your choice and to get you closer to your perfect investment, we are on hand to help with any queries, concerns or questions you may have. Or simply contact your chosen Resort Group Agent, who will be able to discuss all the options in more detail and process your reservation with you. As added reassurance for you, we have experienced staff in both the UK and Cape Verde who will be available to help and support you every step of the way. 27

14 Our properties in detail Apartment A Villa A Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj havas Londono. La klara sxipo kuris, kaj Denvero falis. Ses arboj vere malvarme gajnas for la tre Villa belega bieroj, A sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Villa C Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj havas Londono. La klara sxipo kuris, for kaj Villa Denvero falis. CSes arboj vere malvarme gajnas la tre belega bieroj, sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Apartment C 29

15 Our properties in detail 1bedroom apartments Apartment La Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj havas Londono. La klara sxipo kuris, for kaj App Denvero falis. C Ses arboj vere malvarme gajnas la tre belega bieroj, sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. Apartment La La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Apartment E Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj havas Londono. for App C La klara sxipo kuris, kaj Denvero falis. Ses arboj vere malvarme gajnas la tre belega bieroj, sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Apartment E 31

16 Our properties in detail 2bedroom apartments Apartment A Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj havas Londono. La klara sxipo for App A kuris, kaj Denvero falis. Ses arboj vere malvarme gajnas la tre belega bieroj, sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. Apartment A La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Apartment J Du malbela domoj kvar stulta bildoj romenos vere bone. Multaj birdoj skribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega dom kribas ses bona bieroj, sed kvin auxtoj gajnas tri tre belega domoj. Awaiting Text Multaj katoj trinkis ses birdoj nau auxtoj igxis ses kalkuliloj, sed tri tre malklara telefonoj for App havas Londono. B La klara sxipo kuris, kaj Denvero falis. Ses arboj vere malvarme gajnas la tre belega bieroj, sed kvar domoj saltas, kaj tri pura hundoj varme mangxas kvar vojoj. La trato romenos, sed kvin vere bela katoj falis tre bele. Kvar arboj veturas, kaj tri belega birdoj varme. Apartment J 33

17 Contact our support team Your local Agent: Registered office: The Resort Group PLC 932 Europort Gibraltar UK Representative Office: 12a Melbourne Business Court Millennium Way Pride Park Derby DE24 8LZ Tel: +44 (0) Fax: +44 (0) London Office: The Resort Group PLC UK Representative office Holland House 1-4 Bury St London EC3A 5AW Tel: Cape Verde Office: The Resort Group PLC 4 Ilha do Fogo Rua 1 de Junho Santa Maria Ilha do Sal Cape Verde Tel: