Campeche Playa Golf, Marina and Spa Resort

Transcription

1 Campeche Playa Golf, Marina and Spa Resort Campeche, México US$10,000 Reservation Fee Also enclosed/ attached; Quality Report Apartment Contract Agreement Reservation Form 1st September 2007

2 Introduction Campeche Playa Golf Marina and Spa Resort is located in the south of Mexico, in the Yucatan Peninsula, only 45 minutes south of the historic city of Campeche. This residential and tourist development with 5-star hotel is situated in an area of great natural richness, fine white sandy beaches and excellent year round climate. The investment potential of this development is first rate and rental returns are expected to be strong given the uniqueness of the project. Campeche is the home of the ancient Mayan civilization and has been declared a World Heritage site by UNESCO thanks to its magnificent old quarter and to the archaeological sites that this state boasts. Our resort is washed by the waters of the Gulf of Mexico which offer the possibility for deep sea fishing of couch, sea bream, grouper, tuna, etc. Within the resort there is a marina with a capacity of 150 slips and a yacht club for sea enthusiasts. The 5-star hotel located in the maritime centre is distributed in small buildings and it incorporates harmonious features in its design to adapt itself to the sites natural conditions. A true luxury hotel, where the vast majority of the rooms enjoy spectacular views to the sea. Furthermore the hotel has a ½ kilometer long beachfront and a magnificent boulevard with terraces, tropical gardens, spa and swimming pools. The golf course is designed by Jack Nicklaus and it enjoys the highest category Nicklaus Signature. The golf course overlooks and spreads through mangrove areas, lakes, residential areas, the marina and the beach. The course also delivers a driving range, clubhouse, restaurant, bar, gym, changing rooms and rest rooms. Tel: team@bridgepropertygroup.com 2

3 The Opportunity Buyers have the choice of a great variety of residencies that represent an excellent investment opportunity. There is a wide range of purchase possibilities offering a large selection of size, design and orientation. All of this, at irresistible value for money. All residencies are constructed with the highest quality materials and perfectly surrounded by lakes and green areas, enjoy magnificent views to the sea, the golf course and the marina. All buildings are integrated in the extraordinary natural environment and are equipped with leisure areas, private swimming pool, Jacuzzi on the terraces of all apartments and private garden areas with palm trees, hibiscus and all kinds of plants The buildings Located in distinctive buildings shaped as a sea shell, all the beach residencies enjoy views to the beach and to the golf course. From the terraces with private terraces with private Jacuzzi, which can be found in all the apartments, one can enjoy the spectacular sunset and the views to the mangroves, the low jungle and/ or the golf course, depending on the location of the apartment. All the buildings have direct access to the beach Lined up along the golf paths, the golf residencies protect the abundant native and face both the golf course and the sea. Adjacent to the promenade and the pier, the marina residencies are three and four storey buildings linked to the yacht club and the quays. 3

4 The Location Located in Mexico s southeastern region, on the Yucatan Peninsula borders the state of Yucatan and the Gulf of Mexico to the north, Quintana Roo to the east, Tabasco to the southwest and Guatemala to the south. In this state, which has a hot and humid climate, you can visit the capital, Campeche, an old commercial port that often came under the attack of pirates and privateers. In this walled city, you can see the forts, bulwarks and gates that once protected the residents from invasions. The city s famed wall, now a top tourist attraction, has been revamped. Behind the wall you ll find the Cathedral and many old buildings in the city s Historic Centre, which was declared a World Heritage Site by the UNESCO. In this state you can also visit amazing Mayan archaeological zones like Edzna and Calakmul, which lies in the Calakmul Biosphere Reserve. In addition to the ancient Mayan temples and palaces that you ll see there, you can also do mountain bike riding, hiking or go on a photo safari, an experience that allows you to discover the natural beauty that left many explorers during the 19 th and 20 th centuries thoroughly impressed. Campeche offers interesting tours of old haciendas that once produced grains, henequen and sugar cane, which were vital to the economy during the 17 th century. At the various haciendas, you ll have the opportunity to try delicious regional cuisine, including armadillo, venison, fish and seafood, and exotic vegetarian dishes. 4

5 The Detail (phase one) Bridge Property International - can offer investment in Campeche Playa Golf, Marina and Spa Resort, Mexico Phase 1 on the following Purchase Conditions: US$10,000 reservation fee 15% or 30% within 35 days of reservation fee payment (if 15% option is taken, the next 15% to be paid after 3 months) 70% upon completion Royal Rental Pool Limited will be on hand to manage the rental and maintenance of your apartment. Please contact Bridge Property International for more details Tel: team@bridgepropertygroup.com 5

6 There are various apartment options to choose from, below is an example of apartment sizes and types. Contact the team now for your specific requirements and for pricing options. Please be aware that Phase 1 beach apartments have sold out! Example 1 Marina Residence Three bed, two bath, one reception, kitchen, double terrace, jacuzzi, (approx. 288sqm total) Starting at US$615,860/ GBP 315,825 (All prices quoted include membership to the golf club and marina) 6

7 Example 2 Marina Residence Two bed, two bath, one reception, kitchen, double terrace, jacuzzi (approx.172sqm total) Starting at US$451,993/ GBP 231,792 (All prices quoted include membership to the golf club and marina) 7

8 Example 3 Golf Residence Three bed, two bath, one reception, kitchen, terrace with jacuzzi (approx.133sqm total) Starting at US$357,522/ GBP 183,344 (All prices quoted include membership to the golf club and marina) 8

9 Example 3 Golf Residence Two bed, two bath, one reception, kitchen, terrace with jacuzzi (approx.110sqm total) Starting at US$300,960/ GBP 154,338 (All prices quoted include membership to the golf club and marina) 9

10 MacroEconomics The current situation in Mexico is the most favourable it has ever been in its history for longterm investment and especially real estate investment. The main economic indicators have show a positive track record over the last few years and indicate a period of sustainable growth. Open economy Competitive labour market Good management of economic policy Strategic localisation Free market agreements with 43 countries Inflation Another of the great achievements of the Mexican economy, which gives us a hint of its excellent state of health, has been a drastic drop in inflation which has plunged from close to 20% in 1998 to today s rate of 4% Interest Rates (public dept at just one month) The drastic drop in interest rates from 50% in 1995 to the current 7% is another important indicator of the economic evolution of the Mexican economy. Tourism In million international tourists visited Mexico. Generating earnings of 12 billion US Dollars. In million domestic tourists visited tourist destinations throughout Mexico. Mexico is considered one of the leading countries in the luxury real estate sector. Mexico is a potential growth market, based on a new model of holiday property, where the product is personalised to a diversity of market niches. Additionally, luxury in services and entertainment such as bars, spas, tours, pools, tennis courts, golf and marinas give it an extra edge as an attraction. Luxury Real Estate that focuses on rest and relaxation has increased its earnings substantially US$500 million 2004 US$1 billion 2005 US$2 billion 400,000 Americans invest in a holiday home every year. One third of all buyers whose income exceeds US$100,000 would be interested in choosing Mexico. On average Americans buy holiday homes valued at US$400,000 10

11 Taxation Trusts for Foreigners to Purchase Residential Property Legal Background: The ownership of real estate in Mexico by foreigners within 100km of the frontiers and in a strip of 50km along the coasts must be by way of a contract of trust in compliance with the law on foreign investments. By way of this contract, owners acquire rights of use and enjoyment over real estate located in the said areas. Characteristics of the trust: Only banks authorized by the Federal Government may carry out trust operations. In this type of contract the seller or developer, acting as settler, transfers the ownership of the real estate to a bank (trustee), receiving from the foreign acquirer the value which has been agreed. The foreign acquirer will enjoy all the uses of the property in a freehold agreement, but the bank will become the trustee in terms of complying with the provisions of article 27 in the Mexican constitution. The foreign owner retains all the rights of a traditional owner and may use it, alter it, renovate, lease/ rent or sell it as they so please. If the owner sells to another foreigner they will assign all rights to the new acquirer. A Mexican notary will be involved in this process. Regular expenses and taxes Land Tax; paid annually in the municipality at 0.12% of the rating value. Maintenance fees paid via the rental pool company or the owners association. Public services (water, electricity, etc). Trustee fees for the annual handling of the trust, (for opening, acceptance of post and signing of contract as trustee the approximate sum of US$ paid as a one-off fee.) Further details on the drawing up of the trust Notary expenses approximately 1% of the value Filing fees of the Public Land Registry approximately 1% of the value of the operation Ownership transfer tax normally 2% of the value, Campeche Playa get special buyers rights of just 0.5% One-off payment amounting to US$1, for entry of the trust in the National Land Registry If a person residing abroad, either an individual or a corporation, transfers the trust rights he or it has over a property located in Mexico, income tax is payable at the rate of 28% of the capital gain, provided the foreigner appoints a representative in Mexico and the sale operation is carried out in a public deed. While the rust remains in existence the trustee is deemed to be the representative. However if the foreigner does not opt for the capital gains tax explained above and therefore does not appoint a representative in Mexico, the tax will be 25% of the value of the transfer which will be directly retained by the notary who draws up the deed. Mexico has signed conventions for the avoidance of double taxation with the UK, USA, Ireland and Canada to name but a few. This means that once they pay the tax on the said capital gained in Mexico they will not have to pay tax again in their own country. 11

12 Also available on request DVD presentations of the project and region Full `Economic Dossier` Full colour brochure on the project Tel: Bridge Property International offers the enclosed estimations and figures as guides for illustrative purposes only. These should not be used as official or recommended financial planning tools. The company is confident of all the figures quoted but clients should seek professional advice in all matters of overseas purchasing. The company will be pleased to recommend independent lawyers, mortgage brokers, foreign exchange, accountancy and tax firms. Misdescriminations Act 1967: The prices quoted, the descriptions and measurements herein do not constitute representation and whilst every effort has been made to ensure accuracy this cannot be guaranteed. 12