The Resort Group

Chairman's Message

Chairman's Message - October 2008

EASY OWNERSHIP - Launched Today!

As winter begins to kick in, many thoughts turn to sun drenched beaches and we wonder how summer seemed to pass so quickly. Well, not everyone has to simply wait until next summer to feel a warm sum on their back. In the UK the number of Britons buying overseas has tripled in the last 10 years, the overseas property market is forecast to double in the next 5 years growing from £44.4 billion to £81.1 billion and, indeed, some 3 million are looking to move overseas in the next 24 months.

This leads me nicely into the theme for this month's message ... Easy Ownership. I am so passionate about this that we have prepared a supporting brochure for information and the whole of the Chairman's Message is dedicated to this one subject.

Easy Ownership simply pulls together the key reasons why buying overseas property via Agents of The Resort Group is so easy. The attached brochure is self explanatory but, in summary, covers the following headline areas ...

How do we make it so easy ... and so secure
- Via the Safe and Secure Buying Plan
- All due diligence in place to ensure absolute peace of mind

How about furnishing and rentals
- Top of the range 5-Star furniture packs included for free or heavily subsidised
- A strong, sustainable and proven on-site rental vehicle via the largest resort hotel group in the world

Watch your money grow
- A carefully selected emerging market with all the right ingredients
- Double your money in 5 years

Your ownership options
- 3 simple and easy ways to become owners of property abroad (Payment Options)
- Amazing support and incentives for Purchasers

I am sure you will find the Easy Ownership brochure an interesting read. Over the past few weeks we have been reviewing our existing Payment Options and taking feedback from our Agents. I can now commit that the 3 new consolidated Easy Ownership Payment Options (as described in the Easy Ownership e-brochure) will continue for a sustained period of time, they are easy to understand and certainly make for easy ownership!

Click here to download the Easy Ownership e-brochure
A quick overview of the 3 options is shown below, these relate to all remaining properties (reserved after 1 November 2008) on Tortuga Beach Resort & Spa and Dunas Beach Resort, Sal Island, Cape Verde.


Easy Ownership - Payment Option 1

Terms
* €2,000 Reservation Fee
* 35% Deposit on Contract (minus the Reservation Fee)
* 65% on Completion

Benefits
* Free legal services
* Free air-conditioning
* 50% Discount on our 5-Star "Hotel Excellence" furniture package (normal cost ranges between approx €15k and €26k depending on the type and size of property) and guaranteed entry to the 'Hotel Managed Rental Club'
* Deposit Payment Support ...
- If the 35% deposit is paid by the Purchaser borrowing the funds (via any method e.g. equity release, personal loan etc.) then The Resort Group will pay the interest payments on the loan (up to 10%). This amount is added to the completion mortgage.
- Or. alternatively, if the 35% deposit is paid from existing savings (e.g. bank, building society etc.) then The Resort Group will actually PAY THE PURCHASER 6% P/A INTEREST on the deposit amount (up to completion). This compensates the Purchaser for the interest that they will no longer be receiving on their funds. The 6% interest that we pay to Purchasers does NOT need repaying and will NOT be added to the completion balance.
*All the above benefits mean that Purchasers can buy overseas property with no reduction to their income or standard of living whilst their property is being built AND enjoy the off-plan capital growth. When completed, they can then sit back and earn attractive and consistent income whilst the hotel does all the work! Oh, and the lifestyle aspect of ownership is not too bad either!


Easy Ownership - Payment Option 2

Terms
* €2,000 Reservation Fee
* 45% Deposit on Contract (minus the Reservation Fee)
* 55% on Completion

Benefits
* Free legal services
* Free air-conditioning
* COMPLETELY FREE 5-Star "Hotel Excellence" furniture package (normal cost ranges between approx €15k and €26k) and guaranteed entry to the 'Hotel Managed Rental Club'
* Deposit Payment Support ... As per Option 1 (except the interest payments are based on the 45% deposit)


Easy Ownership - Payment Option 3

Terms
* €2,000 Reservation Fee
* 25% Deposit on Contract (minus the Reservation Fee)
* 20% Stage Payment 6 months after Contract
* 20% Stage Payment 12 months after Contract
* 20% Stage Payment 18 months after Contract

Benefits
* The final 15% is WRITTEN OFF AS A DISCOUNT
* Free legal services
* Free air-conditioning
* COMPLETELY FREE 5-Star "Hotel Excellence" furniture package (normal cost ranges between approx €15k and €26k) and guaranteed entry to the 'Hotel Managed Rental Club'


So there you have it, 3 great and simple Payment Options that are here to stay!

I genuinely believe that these are the best Payment Options available in the market, unsurpassed by any other developer with their due diligence in place and the same quality of product and beach-front location with the same magnitude of rental capabilities.

I would like to close by again thanking all our Agents for your continued support. It is because we have now sold upwards of 700 properties on Tortuga and Dunas Beach Resorts that we are able to offer the Easy Ownership Payment Plans and keep them in place without change for the remaining stock.

It is my firm belief that by working together we can make Easy Ownership of overseas property accessible to more people than ever!


Click here to download the Easy Ownership e-brochure
Kind regards


Rob Jarrett

Chairman
Office : (+44) 1332 387 813
Fax : (+44) 1332 613 611

P.A : Lisa Kellett
Mobile : (+44) 07908617206
Office : (+44) 01332 387 813
Email : lk@theresortgroupplc.com