THE CARIBBEAN BASIN ULTRA LUXURY MULTI-COUNTRY/MULTI-PROPERTY AUCTION PRESENTED BY PREMIERE ESTATES AUCTION COMPANY Cabo Rojo BOQUERON BAY, PUERTO RICO AUCTION MAY 14 AT 5PM ET
BOQUERON BAY SITE THE CONCEPTUAL MASTER SITE PLAN ENCOMPASSES THREE PARCELS, INCLUDING: THE OPPORTUNITY 340-ACRE MASTER-PLANNED DESTINATION RESORT PROPERTY OVERLOOKING BOQUERON BAY IN CABO ROJO ON PUERTO RICO S SOUTHWEST COAST. ADJOINING 167-ACRE OCEANFRONT PARCEL UNDER OPTION CAN BE ACQUIRED AFFORDING OVER A MILE OF BEACHFRONT ON BOQUERON BAY. PARCEL A 340.3 ACRES CURRENTLY OWNED AND OFFERED FOR SALE. PARCEL B 167.3 BEACHFRONT ACRES UNDER CONTRACT & INCLUDED IN OFFERING PRICE. PARCEL C 186 ACRES ADDITIONAL DEVELOPMENT PARCEL AVAILABLE FOR PURCHASE. PROJECT APPROVED FOR 600-ROOM RESORT HOTEL, 18-HOLE GOLF COURSE, A 200-SLIP MARINA, RETAIL VILLAGE, 1,150 RESIDENTIAL VILLAS AND 222 HOME SITES. PARCEL B PARCEL C PARCEL A
PUERTO RICO PUERTO RICO IS A TERRITORY OF THE UNITED STATES LOCATED IN THE NORTHEASTERN CARIBBEAN. AS A DESTINATION, PUERTO RICO HAS CERTAIN COMPETITIVE ADVANTAGES COMPARED TO OTHER DESTINATIONS IN THE CARIBBEAN REGION DUE TO ITS STATUS AS A U.S. TERRITORY WITH NO PASSPORT REQUIRED FOR U.S. RESIDENTS AND SUPERIOR AIR ACCESS FROM MAJOR SOURCE MARKETS ON THE U.S. MAINLAND. PUERTO RICO S POPULATION WAS ESTIMATED AT 3.5 MILLION RESIDENTS IN 2014. PUERTO RICO RANKED NUMBER FOUR AMONG THE TOP-20 DESTINATION MARKETS IN THE CARIBBEAN WITH 1.6 MILLION VISITORS IN 2013. PREMIERE LOCATION: CABO ROJO THE MUNICIPALITY OF CABO ROJO IS LOCATED ON THE SOUTHWEST COAST OF PUERTO RICO, ABOUT TWO HOURS AND 15 MINUTES DRIVING TIME FROM THE CAPITAL CITY OF SAN JUAN. THE WEST COAST OF PUERTO RICO OFFERS A MORE AUTHENTIC ISLAND EXPERIENCE, AND CABO ROJO IS A GREAT CENTRAL LOCATION TO EXPLORE ALL THE NATURAL ATTRACTIONS THIS REGION HAS TO OFFER, INCLUDING BEAUTIFUL BEACHES, OFFSHORE ISLANDS AND LARGE WILDLIFE RESERVES. CABO ROJO IS LOCATED ABOUT 14 MILES OR 33 MINUTES DRIVING TIME FROM THE EUGENIO MARIA HOSTOS AIRPORT IN MAYAGUEZ THAT SERVES DIRECT FLIGHTS TO AND FROM SAN JUAN. CABO ROJO S NEAREST INTERNATIONAL AIRPORT SERVICING MAJOR U.S. DESTINATIONS IS ONLY ONE HOUR AWAY IN AGUADILLA S RAFAEL HERNANDEZ AIRPORT, OFFERING DAILY NON-STOP SERVICE TO NEW YORK, NEWARK, AND ORLANDO. 4 5 800.290.3290 x5551 PREMIEREESTATES.COM
PROJECT CONCEPT ACCOMODATIONS/VILLAGE MOTOCROSS TRACK MOUNTAIN BIKE RUNS WAKEBOARD LAKE GOLF COURSE HOTEL/CAFE/BAR PAINTBALL RANGE RETAIL/CAFES BMX TRACKS SKATE PARK WAVE POOL CONCERT ARENA RETAIL/CAFES DRIVING RANGE RECORDING STUDIO www.premiereestates.com THE PROPOSED CABO ROJO SPORTS RESORT & SPA IS DESIGNED AS A DESTINATION RESORT THAT WILL RESONATE WITH MULTIPLE DEMAND GENERATORS AND LEGACY CUSTOMERS, BUT ALSO TAKING ADVANTAGE OF THE NON-CUSTOMER BASE OF SURFERS AND ACTION SPORTS ENTHUSIASTS. AS ENVISIONED, THE CABO ROJO SPORTS RESORT CONCEPT WILL INTEGRATE A TRADITIONAL RESORT WITH THE INNOVATIVE FEATURES OF A SURF PARK WITH A WAVE POOL AND ITS ACTION SPORTS FACILITIES, THUS REDEFINING TRADITIONAL MARKET BOUNDARIES. 6 7 800.290.3290 x5551 PREMIEREESTATES.COM
NO MINIMUM BID AUCTION SCHEDULE 3.20 TOUR PROPERTY MARCH 20 - MAY 13 YOU CAN TOUR THE PROPERTY DURING THE SCHEDULED OPEN HOUSES, OR BY APPOINTMENT. TO SCHEDULE A TOUR, PLEASE CALL PREMIERE ESTATES AUCTION COMPANY: 800.290.3290 x5551. 5.13 BIDDER FORM & CHECK DUE NO LATER THAN MAY 13 MAIL YOUR BIDDER REGISTRATION FORM AND A CASHIER S CHECK IN THE AMOUNT OF $200,000 PAYABLE TO TITLE SECURITY GROUP TO ARRIVE AT OUR OFFICE BY WED., MAY 13 AT 5 P.M. ET. TO WIRE FUNDS, PLEASE CALL 310.698.3625 x5551. FORMS MAY BE FAXED TO 310.798.8883. SUBJECT PROPERTY 5.14 6.29 AUCTION DATE MAY 14 AT 5PM ET REGISTRATION DUE BY MAY 13, 5:00 P.M. ET. CLOSING JUNE 29 ESCROW DOCUMENTS WILL BE SIGNED WITH TITLE SECURITY GROUP IMMEDIATELY AFTER THE AUCTION. FORTY-FIVE DAY (45) ESCROW PERIOD IS FINALIZED ON JUNE 29 2015. HOW TO BID 1. 1. MUST PRE-REGISTER. GO TO PREMIEREESTATES.COM OR CALL PREMIERE ESTATES AUCTION COMPANY 2. AT 800.290.3290 X5551 TO OBTAIN REGISTRATION FORM. 3. SUBMIT A $200,000 CASHIER S CHECK PAYABLE TO TITLE SECURITY GROUP EITHER BY MAIL OR VIA WIRING (CONTACT PREMIERE ESTATES AUCTION COMPANY FOR WIRING INFO). 4. BID VIA SEALED BID AUCTION FORMAT. PLEASE CONTACT PREMIERE ESTATES AUCTION COMPANY FOR DETAILS. PUERTO RICO BUYER S PREMIUM A TEN PERCENT (10%) BUYER S PREMIUM WILL BE ADDED TO THE WINNING BID PRICE. BROKER COOPERATION BROKERS MUST REGISTER PRIOR TO AUCTION DAY. A TWO PERCENT (2.0%) COMMISSION WILL BE PAID TO ANY PROPERLY LICENSED BROKER WHO REGISTERS THE WINNING BUYER THAT CLOSES ACCORDING TO PREMIERE ESTATES AUCTION COMPANY S BUYER BROKER GUIDELINES. Please review Terms & Conditions document for Auction Information and Disclaimers. (PEAC) is the Auction & Marketing Company and Juan J. Garcia Rodriguez of Fortune International Realty is the listing broker. This auction is subject to a reserve. Any announcement made on auction day will supersede any oral or written statement made prior to that time. Information contained herein was derived from sources believed to be correct, but is not guaranteed. The auctioneer may open the bidding at a price which may differ from the opening bid price listed on any Multiple Listing Service or other literature and print. The Auctioneer reserves the right to postpone or cancel the auction, to withdraw the property from the auction and to change any terms of the auction or particular conditions of sale upon announcement prior to or during the course of the auction. Bids shall be accepted in a manner and in such increments as shall be determined by the Auctioneer. Seller has the right to accept offers prior to the auction. This document may not be reproduced in whole or in part without the written permission of Premiere Estates Auction Company. See full auction terms & conditions at PremiereEstates.com. 8 800.290.3290 x5551 PREMIEREESTATES.COM 9
1230 ROSECRANS AVE., SUITE 160 MANHATTAN BEACH, CA 90266 800.290.3290 x5551 IN CONJUNCTION WITH JUAN J. GARCIA RODRIGUEZ TIM ELMES MARIE DEXTER SPECIAL ADVISOR PEAC 351269 CALBRE 01375969 LIC #2010036888