MADAM ZABRE RETREATC O - O W N E R S H I P I N F O R M A T I O N

JAN 2014

PristineWITH 14 KM OF IMMACULATE BEACHES, YOU’LL F IND THEM DESERTED.

D E S R O C H E S I S L A N D - A M I R A N T E S G R O U P O F I S L A N D S - S E Y C H E L L E S

Equator

Frankfurt

Rome

Dubai

Singapore

Seychelles

Mauritius

LondonParis

Johannesburg

Doha

Milan

Aride

Mamelle

East SisterFélicité

Marie Anne

Curieuse

North Cousin

North Island

Silhouette

African Banks

Desroches

35 minute dailyflights to Desroches

St Joseph

Etoile

Poivre Atoll

Marie Louise

South Cousin

West Sister

Praslin

RecifL’llot

Frégate

La Digue

Mahé

AmirantesGroup of Islands

REMOTE TRANQUILLITY... JUST A FLIGHT AWAY

Linked to the infrastructure of the Seychelles capital of

Mahé with daily scheduled flights, Desroches Island is

also accessible by private charter flights, or a leisurely

sail for those who prefer to take time. Mahé itself is well

connected to Africa, Middle East, Europe and Asia.

U N D I S C O V E R E D I S L A N D SThe Seychelles are made up of 115 islands lying between four and ten degrees south of the equator in the Indian Ocean. Only 60 of the islands are inhabited and

the Outer Islands are considered the hidden jewels of the Indian Ocean, being largely unexplored and unpopulated due to their remote location and unspoilt nature.

Desroches Island forms part of the Amirantes Archipelago, regarded as some of the most pristine and mystique in the world – gems passionately protected by the

government where only sustainable development is permitted under exceptional circumstances.

Desroches, as the gateway to the outer and Amirantes Islands, adjoins a number of virgin islands, which add to the unique travel adventures that can be enjoyed.

The developers continue to explore exciting new activities with Desroches as the hub.

THE ULTIMATE ESCAPE

Own a place where you can rediscover yourself... a place of amazing rejuvenat-

ion and renewal! Escape for an exotic holiday to a destination that has to

be experienced to be believed... quiet picnics on the beach, sundown cocktails

with friends, encounters with captivating marine life and pampering treat-

ments; all in picture-perfect surrounds that enhance every glorious sensation.

Set your soul free on a warm ocean breeze to float over an azure sea…

BLESSED BY NATURE

Desroches greets you warmly with one of the world’s healthiest, malaria-

free climates. Strewn with coconut trees, the island has 14km of immaculate

beaches, which are often deserted, allowing blissful peace and tranquillity.

Miles of soft, sandy beaches and crystal-clear, blue waters make Desroches

a refuge for romance, adventure, and an exceptional destination for diving,

fishing, watersport and simply relaxing in the unparalleled beauty and

serenity of nature.

Invest

AN IDYLLIC RETREAT IN PARADISE

A hideAwAy of blissful contrAdiction.. . robinson crusoe meets the 21st century.

PURCHASE A SHARE IN PARADISE

Madam Zabre Retreat boasts three pools with timber decks over-looking the ocean. Living

spaces are surrounded with sliding walls to enclose areas or bamboo screens that slide back

completely blurring the boundaries between the interior and exterior. This together with

cocooned bedrooms creates a contrast between the cool, dark areas and the light, warm and

sunny spaces. Finishes are inspired by the natural forest surroundings, and include timber

decking, natural bamboo ceilings, crushed sea sand walls, bleached timber walls, terrazzo

floors to match colour of the sand, and woven bamboo shutters which allow the dappled

sunlight to filter through.

An enhanced beach living experience is created by juxtaposing sophisticated yet relaxed

facilities against organic and roughly-worn natural products. Units are fully-furnished in

tasteful style with all luxurious amenities. Colours are inspired by the indigo of the sea, the

charcoal hue of rocks, and the bleached shades of driftwood and the sand. Built in seating,

state-of-the-art kitchens and wireless internet contrast with lazy floating salas in the sea

breeze and indigenous gardens to provide complete privacy, comfort and relaxation.

The hotel can provide a full service for all Retreat and guests’ needs – including food, a butler

and laundry service – leaving residents time only to relax and unwind...

P e r f e c t ly P o s i t i o n e d o n u n b l e m i s h e d, n o rt h - w e s t fA c i n g b e A c h e s . . .

the 767m² opulent madam Zabre retreat, a 4 bedroomed haven, is arguably the most exclusive in the seychelles. situated on madam Zabre beach,

this retreat is surrounded by dense, green foliage and is designed for blissful relaxation in a tranquil setting.

DESROCHES ISLAND

2012 ISLAND MAP - MADAM ZABRE RETREAT SALES

RUNWAY

ESCAPE SPA

BEACH SUITES11-20

BEACH SUITES1-10

CAST-A-WAY ACTIVITY CENTRE

AIRPORT LOUNGE

HOTEL CENTRAL AREA

SOUTH POINT

24 BEACH VILLAS (LUXURY BEACH VILLAS)

113-137

VILLA MANAGEMENT

CENTRE

SAWMILL

BEACH RESIDENCE - 110

MADAM ZABRE SPA RETREAT

166

DIBWA RESIDENCE/RETREAT/ BEACH RETREAT

162 – 165

MADAM ZABRE

BOMBAY BEACH

CEMETARY

PASSE THERESE

POINTE HELENE

PASSE HODOUL

LIGHTHOUSE

AQUARIUMCREOLE VILLAGE

ICSCHAPEL

CREOLE RESTAURANT

BABY TORTOISE NURSERY

& INDIGENOUS TREE

NURSERY

GIANT TORTOISE HAVEN

CEMETARY

PASSE TAMBI

MURAILLE BON DIEU

Old Indigenous Forest

NORTH POINT

TENNIS COURT

BACK OF HOUSE

& TALENT HIDEAWAY

PRIVATE BEACH RETREATS

MA

DA

M Z

AB

RE

RE

TR

EA

T P

LA

N

BEDROOM

BEDROOM BEDROOM

DECK DECK DECK

TECH SPACE

TECH SPACE

TECH SPACE

KITCHEN

STORE

SCULLERYBATHROOM

BATHROOM BATHROOM

BATHROOM GARDEN

BATHROOM GARDEN

BATHROOM GARDEN

GUEST WC

LIVING SPACE

LIVING SPACE

LIVING SPACE

DINING SPACE

SALA

SALAPOOL

POOLPOOL

POND

PATHWAY

SALA

SALA

BUNK ROOM

MENU SPACE

mAdAm ZAbre retreAt – finishes & furniture

FINISHESFLOORS

Pool Decks, Salas, Living and Dining spaces: Hardwood plank flooring

Pools: Ceramic tiling

Bedrooms, Bathrooms and Kitchen: In Situ Terazzo screeds

Enclosed Gardens: Sand

WALLS

External: Rough Plaster & Hardwood cladding

Bedrooms: Painted Plaster & Hardwood cladding

Bathrooms: Glazed Shower and Wc screens Painted Plaster and Terazzo tiles,

Enclosed Gardens: Hardwood screens

Kitchen: Painted Plaster

CEILINGS

Living spaces, Bedrooms and Bathrooms: Pitched Textured Bamboo ceilings

Kitchen: Plastered and painted concrete slab

Salas, Dining Space: Hardwood lattice ceilings

ROOFS

Main Roof: Wooden Shingles

Salas: Clear Polycarbonate

Kitchen: Concrete

WINDOWS AND DOORS

Sliding Doors: Clear glass in Hardwood frames

Sliding Screens to Living Spaces: Woven Bamboo

Windows: Clear glass in Hardwood frames

Swing Doors: Solid Vertical Plank Doors

TECHNICAL SERVICES

Solar Water Heating

Air-conditioning to all Bedrooms

Ceiling Fans to Bedrooms, Bathrooms and Living Spaces

Low level External Lighting

Lighting and Electrical power to all spaces

Salt chlorinated and filtered pools

LANDSCAPING

Maximum retention of existing plants, and extensive Natural landscaping, incorporating Island plants.

FURNITURESurround sound through out

Wireless internet connection

BEDROOM

Ebonised teak 4 poster bed

Pale timber dressing table

Dressing table chair

Standing lamp with shade

2 x relaxing chairs

Coffee table

Plasma TV

Top quality linen

LIVING AREA

3 Module built in sofa with top quality linens in 2 units

Hand made chandelier

Rough sawn pale timber coffee table

4 x Sandstone drum tables

Woven hanging chair

3 x Floor cushions

Timber desk

2 x Desk chairs

BEDROOM 1: 6 module built in sofa with top quality linens

BEDROOM 2&3: Life style dispenser - Ice machine and bar fridge

BATHROOM

Lock up safe

Built in cupboard with pull out drawers and hanging space

Fabric ottoman

Bamboo towel ladder

KITCHEN

All Miele built in appliances

1 x Freezer

Wine fridge/Freezer

Fridge

Hob

Oven

Extractor

Microwave

Other appliances

Coffee machine

Blender

OUTSIDE AREAS

2 x Sun loungers

Solid timber lounger table

Timber dining table

Built in seating around dining/relaxing area

Mattress with cushions under Sala

MENU SPACE

Rough sawn arrival table

Synthetic rattan woven chair

Sun bleached root chair

Timber coffee table

ADDITIONAL

6 x bicycles

2 kayaks

mAdAm ZAbre bAsic ProPerty And trAnsActionAl informAtion

PROPERTY

The rights in the Parcel which will be transferred are held in terms of a 70 year lease, which transfer will be ratified and sanctioned by the Seychelles Government, with no annual rental payments. The size of the parcel measures approximately 5,000m2, with 56 metres of beach frontage. The building area including decking and pools is c.767m2.

PRICE OF Co-OWNED RETREAT

US$550,000 per co-ownership

PURCHASER

Each purchaser must be a natural person or through a Seychelles incorporated company.

TAX ON ACQUISITION OF PARCEL

On transfer of the parcel, the following taxes will be payable to the Government by the purchaser:

• Stamp duty of 5 % is payable on transfer.

• Sanction fee of 1,5 % on application for transfer.

ESTATE MANAGEMENT & RENTAL POOL AGREEMENTS

Desroches Island Lodge Ltd (“DIL”) will act as the estate manager of the Desroches Madam Zabre Retreat and will be responsible to manage and maintain the Parcel on which the Retreat is located. The monthly management fee charged by DIL for maintenance and management of the Retreat shall be c.€ 3570, which will be c.€595 per co-owner.

Each co-owner shall join the rental pool agreement. This allows the Retreat to be placed in a rental pool and rental income received by the hotel from rental of the Retreat will be shared between the hotel and the co-owners. The Retreat shall only be rented out by the hotel when not in use by the co-owners.

SERVICES

DIL will provide a full service – including laundry service, maint-enance etc – leaving residents time to relax and unwind...

PAYMENT CURRENCY

All payments are to be made in United States Dollars via international bank transfer.

SEYCHELLES RESIDENCY

In terms of the Civil Status Act in Seychelles, the purchaser will be eligible to apply for Seychelles residency permits on execution of sub lease of their Desroches Retreat. This is subject to the residency fees being paid and currently this is SCR 50,000. The residency permit is available to individual owners of a Retreat as well as the individual owners of a company that purchases a Retreat. The residency permit can extend to the spouse and children of the purchaser. Should the purchasers choose however, they can spend up to three months per annum in Seychelles without having residency.

FURNITURE

The Retreat is fully-furnished in tasteful style with all luxurious amenities, state-of-the-art fitted kitchens and wireless internet. Indigenous gardens provide complete privacy. Every detail has been taken care of... as a Retreat owner you could not ask for more from this investment opportunity.

Along with the luxurious turn-key furnishings, 6 bicycles and 2 kayaks complete the package.

The furniture package is part of the total purchase consideration payable.

mAdAm ZAbre retreAt fAQsQ where is desroches island

A Desroches Island is in the Amirantes Group of islands about 230km south-east of Mahé, the main and largest island of the Seychelles.

Q how does a person get to desroches

A There are daily scheduled flights with IDC Aviation or it is an overnight boat trip away from Mahé for the more adventurous. The flight time is around 35 minutes. Desroches Island Lodge will arrange all flight bookings for you.

Q what is the time difference

A GMT + 4 hours.

Q Are visas required

A No visa required for holiday or business purposes.

Q what about health and malaria

A It is a healthy climate and there is no malaria.

Q what about crime

A The Seychelles is known as one of the safest countries in the world with no crime.

Q who lives on desroches island

A No one besides the hotel guests and staff and a small contingent of IDC staff who look after the island. In time there will be a small contingent of Island Conservation Society staff members whose task it is to protect and monitor the island.

Q what is the idc

A Island Development Company Limited – a subsidiary of Government charged with development and management of the outer islands.

Q who will manage the island once the development is complete

A The Hotel, the Villas and the Retreats are managed by Desroches Island Lodge. A manager has been appointed, who manages the day to day running, maintenance and services etc. of the Retreats on the Island with support from the IDC.

Q what monthly levy do retreat owners pay

A The levy is required to cover costs which include, but are not limited to, ongoing administration, management, customer services, manager’s salary, general maint-enance, garden cleaning, basic housekeeping, meet and greet facilities, procurement, accounting, auditing and other general expenses. The levy is estimated at € 3,570.00 per month for Madam Zabre Retreat which equates to € 595.00 per co-owner per month.

Q what is the design approach of madam Zabre retreat

A The design and finishes are inspired by the natural surroundings – forests and sea. The natural island style Retreats, are designed to appear rustic, but are constructed and finished to high building standards, using concrete masonry and local hardwood as the base materials. All specified fittings and furnishings are of an exceptional quality and design.

Q will madam Zabre retreat be rented out when not in use

A Yes, Madam Zabre Retreat will be rented out by the hotel when not in use by the Retreat owners. The rental income will be shared between the Retreat owners and the hotel.

Q who will run the rental pool scheme

A This will fall directly under the control of Seasons in Africa (www.seasonsinafrica.com), who also handles the Hotel Marketing.

Q can a retreat owner run a commercial lodge from their retreat

A No – It is Seychelles Government Policy that all Villas and Retreats available for rent, are rented through the central rental pool.

Q in terms of the rental Pool scheme how many days per year can i use the retreat

A Your share will allow you two months access to the Retreat (refer to usage calendar on the following page). Should you not wish to use your full two months allocation, you may place the balance into the Hotel Rental Pool. The return from this will be split between all share holders pro-rata depending on the time allocated to the Rental Pool. You will need to advise Desroches, in advance, as to when and how much time you would like to allocate to the Hotel Rental Pool.

Q how do i make a reservation

A You will need to contact Desroches in advance to advise your arrival and departure dates within your allocated calendar schedule so that we can have your Retreat ready for your use.

Q how many individuals can own a retreat

A A maximum of 6 individuals can own this Retreat in a co-ownership agreement.

Q in what legal entity must the retreat be bought

A In the buyer’s private name or via a Seychelles Company, in which the shares are held by individuals and the individual owners’ names are disclosed.

Q can a trust outside the seychelles own residential property in desroches

A No

Q does a retreat owner qualify for residency

A Yes, subject to the residency fees being paid. Currently this is around Seychelles Rupees 50,000.

Q if a company buys a retreat who becomes eligible for residency

A Owners of that company together with his or her spouse and children can apply for residency of Seychelles. However Retreat buyers can spend up to three months per annum in Seychelles without having residency.

Q how do i obtain food supplies and basic necessities

A A Retreat owner will be able to pre-order all food and other supplies as well as basic necessities before arriving on the Island through Desroches Island Lodge. Food supplies and basic necessities will also be made available on the Island.

Q how is water, electricity obtained and refuse and sewerage removed

A The Island has a water purification plant and electricity generators maintained and serviced by IDC. Sewerage is disposed of from the Retreat to a septic tank. The IDC provides a solid waste removal service.

Q can retreat owners obtain dstV, internet and telephone facilities

A Yes, these services are provided to Madam Zabre Retreat.

Q will there be a boat operator

A Yes, there is a boat operator.

Q can a retreat owner have a boat

A Yes, in agreement with Desroches Island Lodge and the IDC.

Q Are retreats maintained on a regular basis

A Yes. They are maintained by housekeeping.

Q who maintains the gardens

A The Lodge employs gardeners who do all the basic gardening on each Retreat owners’ stand.

Q what housekeeping services are available

A There will be a weekly airing and cleaning service. When you are in residence, there is daily cleaning services provided (twice a day). In addition the full range of services are available from the hotel company such as a butler service and even full time cooking services – subject to availability at the time of booking and at an additional cost.

Q Are pets allowed on desroches island

A No pets or any exotic plants are allowed on Desroches Island.

Q do retreat owners need to take out insurance cover over the property and its improvements

A Yes, it is the responsibility of the Retreat owners to take out insurance over their property.

Q how safe is the island

A There are no snakes on the island and no dangerous “creepy crawlies”. The only real dangers lie in the sea.

Q what arrangements are in place for my arrival and departure

A You should notify Desroches Island Lodge in advance. The Retreat will be made ready for you. On arrival you will be met at the airfield or mooring by the manager, with golf cart transport, to take you, your family and guests with luggage to your Retreat. Similarly on departure you, your family, guests and baggage will be taken to the airfield or mooring.

PEAK SEASON

1-15 Jan 15 days

Easter 16 days

16-31 Dec 16 days

FLEXI-TIME

1-28 Feb

1 Mar - Easter Start

Easter End - 15 Jun

1-30 Sep

1-30 Nov

HIGH SEASON

16-31 Jan 16 days

16-30 Jun 15 days

1-15 Jul 15 days

16-31 Jul 16 days

1-15 Aug 15 days

16-31 Aug 16 days

1-15 Oct 15 days

16-31 Oct 16 days

1-15 Dec 15 days

OWNER 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

A16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun

1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec

B1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan

16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug

C1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan

16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug

DEASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul

1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct

E16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER

1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct

F16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul 16-30 Jun 16-31 Jan 1-15 Jan 1-15 Jul EASTER 16-31 Jul

16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec 16-31 Dec 1-15 Aug 16-31 Aug 16-31 Oct 1-15 Oct 1-15 Dec

Easter Sunday 08-Apr-12 31-Mar-13 20-Apr-14 05-Apr-15 27-Mar-16 16-Apr-17 01-Apr-18 21-Apr-19 12-Apr-20 04-Apr-21 17-Apr-22 09-Apr-23

Easter Start 31-Mar-12 23-Mar-13 12-Apr-14 28-Mar-15 19-Mar-16 08-Apr-17 24-Mar-18 13-Apr-19 04-Apr-20 27-Mar-21 09-Apr-22 01-Apr-23

Easter End 15-Apr-12 07-Apr-13 27-Apr-14 12-Apr-15 03-Apr-16 23-Apr-17 08-Apr-18 28-Apr-19 19-Apr-20 11-Apr-21 24-Apr-22 16-Apr-23

mAdAm ZAbre retreAt co-ownershiP usAge schedule

Note: Flexi-time is available on a first come first serve basis to all shareholders.

S T A K E Y O U R C L A I M I N P A R A D I S E

www.seasonsinafrica.com

Should you require further information on the development, please contact:

Tim Hammond cell : +27 82 320 9320 e-mail : tim@desroches-island.com

Collins International tel : +27 31 536 8004 e-mail : retreats@desroches-island.com

www.desroches-island.com