Investment Summary

Rimondi Grand Resort & Spa is a boutique holiday resort located close to the harbour town of Rethymno, on the island of Crete. The Resort, which is under construction and due to open in the summer of 2012, allows investors to purchase a proportion of a suite and benefit from the income generated from the unit and any potential capital appreciation.

This type of joint ownership is often referred to as shared or fractional ownership and allows a number of unrelated parties to separately purchase a share of a property. The services of leading UK Trustees have been sought to ensure that this method of purchase is safe and legally secure.

Purchasing a suite at Rimondi Grand as a shared owner allows investors to access this high yielding asset class without the requirement of either a large capital investment or the liability of a mortgage to facilitate the purchase. Coupled with the low entry level, these factors also allow investors the potential to diversify their portfolio whilst doing so remains very affordable.

Commercial Property as an Investment

A high-yielding asset class which often requires far less involvement than traditional buy-to-let property. Investors can benefit from more aggressive management by professionals who are incentivised to maximise returns. Suites at Rimondi Grand are classed as commercial property and therefore allow investors to purchase via certain pension arrangements, such as a Self Invested Personal Pension (SIPP). By purchasing via these types of pensions, investors are also able to take advantage of the tax relief available on new contributions, income and capital growth.

Why Invest

Investors at Rimondi Grand Resort & Spa benefit from the following:

Discounted Price: Investors purchase at a significantly reduced price. On average this is approximately a 25% less than the equivalent leisure product (i.e. a client using the property personally). Therefore, investors benefit from immediate equity.

High Yielding Asset: High Yielding Asset: Investors may opt to receive a fixed 8% return for the initial two years of their investment. Projected on-going rental income is forecasted to be between 8-10% per annum. In addition to rental income, investors should expect to see a return from an increase in the value of their capital over the mid to long term. The estimated annual return when taking extremely conservative assumptions of capital appreciation into account exceeds 15% per annum.

Affordability: Shared ownership allows investors to benefit from the advantages of this type of asset class without a requirement for finance or a large capital investment. For as little as ¤11,950 investors can benefit frompotential growth in property prices, without the worry of servicing a mortgage.

Immediate Income: Payments have commenced for investors choosing the fixed income option therefore clients have an asset that generates them immediate income.

Tangible Asset from Day One: Whilst the resort as a whole is in the final stages of construction, individual properties are built. Therefore unlike traditional off-plan projects, investors hold a tangible asset from day one of their investment.

Defined or Flexible Exit: This is a flexible termed investment. No restrictions are placed on investors as to when they can sell their proportion of their property and the Real Estate office on Resort will assist clients in the onward sale of their asset. Separately, investors are offered a fixed term option for a period of 5 years at which time their capital may be returned.

Investor Choice & Control: Investors maintain control over their investment with their initial and on-going property management choices. Investors also receive full voting rights over the Resort Management ensuring on-going satisfaction with the performance of all parties involved.