RESORT ALSO KNOWN AS ‘THE REAL MARINA RESIDENCE’

Sale of Prime Real Estate

‘Village Marina Olhão’ in the Algarve, PORTUGAL

Prime Real Estate Investment + Golden Residence / EU Passport

Prime Real Estate Investment + Golden Residence / EU Passport

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T A B L E O F C O N T E N T S

1 VILLAGE MARINA, Olhão: What is the Product?

2 VILLAGE MARINA - Unit Price List: How much will it cost?

3 VILLAGE MARINA - Managed Service:

How will the investment perform?

4 Why Olhão in the Algarve? Why not somewhere else in Europe?

5 Contact information: What next? How do I buy one?

6 Photo gallery of: VILLAGE MARINA: What does it look like?

June 2014

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1. The Village Marina - Olhão:

Village Marina (VM): The Village Marina in Olhão ideally situated right next to the sea and only a 20 minute drive from the International

airport at Faro. VM combines architectural style with innovative design and high quality construction. The resort has been awarded an A+, the

highest classification on energy certification for buildings in Portugal. This will mean reduced energy bills on these investments.

Village Marina Spa: Embark on your experience at the Real Spa

Thalasso with an invigorating dip in the saltwater pool or whirlpool bath, while contemplating the extensive selection of treatments that await you. A team of experienced therapists ensure that guests derive the utmost benefit and pleasure from tailor-driven therapies, in modern treatment rooms that face the beautiful estuary. Thalasso Circuits will be devised to target your specific areas of need and are complemented by a wide selection of thalasso body and facial treatments, including cleansing and oxygenating facials, detoxifying body masks and specialised moisturising therapies. In addition to the thalasso circuit, hydrotherapies include Vichy shower, Scottish shower and numerous oil and mineral baths. The spa offers ancient massage techniques including Shiatsu, Ayurveda, Thai Yoga, Aboriginal and Lomi-Lomi which complements a long list of specialised massage treatments. The spa also offers Reiki, physiotherapy and naturopathic therapists to offer the best advice on your health and well-being. Real Spa Thalasso has also developed a unique six-day ‘Thalasso Cures’ programme that draws on the healing properties of sea water, sand and algae-based remedies to treat a range of ailments, including rheumatism, stress and smoking. Personalised one-day, three-day or

six-day treatment programmes can be created to detoxify and energise the entire body, leaving you feeling brand new. OWNERS’ PRIVILEGES at the Spa: Guests receive a 50% discount on the ‘Treatment of the Day’ and spa memberships are also available, which will keep you coming back for more!

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2. Availability & Price List at Village Marina:

Village Marina’s Qualifying Properties:

We have secured an exclusive deal on a number of apartments within this resort.

Each apartment has been heavily discounted with prices of €245,000 for a T2 and

€305,000 for a T3 (see discount details on page 10):

All of the VM properties qualify for the Golden Residence Scheme but please note

that in order to qualify a minimum of €500,000 must be invested in Portugal. This

means that purchasers will have to buy two or three apartments in order to meet

the minimum property purchase criteria.

There is a negotiated Pricing Package which follows, containing

details of the discounts and features that are included with each

sale.

Plans and specifications for the real estate units that are available

for purchase are also enclosed in this section.

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a. Negotiated Pricing Package for Village Marina:

The Deal: We have negotiated an exclusive opportunity for potential buyers on the Village Marina which includes both a substantial discount

to the normal sales price and lifestyle benefits taking advantage of all that the Village Marina has to offer.

Exclusive to this package are:

Purchase price: Heavily discounted from the current list prices and market valuations (see page 9).

6% Rental contribution: (2% x 3 years) to be deducted from the already discounted purchase price.

Purchase costs’ to be paid by purchaser: (IMT, notary, stamp duty, registration fee) costs between 6-8% of the purchase price (% cost

based on purchase price

Full Furniture package included: worth circa 5% of the purchase price.

b. Plans & Specification at Village Marina:

Specifications, Plans & Views: The resort has been built with very high building specifications and to a quality that will impress buyers.

Each Block is split into sections of 6 to 8 apartments which share a roof-top pool with spectacular views over the Ria Formosa Lagoon. The following are examples of what the resort has to offer but please contact us for details on the individual units.

Apartments: All the properties come with very high specifications and quality of white goods. In all the real estate units you can expect:

Air-conditioning that both heat and cool. Wooden flooring in eco-friendly wood throughout the apartment. Fully fitted kitchen with Siemens equipment and granite worktops. Every apartment has a balcony. Fitted wardrobe bedrooms. Full double glazing with varnished aluminum shutters with heat isolation and electric controls. Security system. Selection of international TV channels. All furniture included.

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T2 Plan

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T3 Plan

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c. Prices & Availability:

Type No. Of Bedrooms

Size Gross Area M²²

Balconies or Terraces M²

List Price €

Discounted Price €

Negotiated 2% (x3 years) Rent

Contribution €

Discounted Price €

Total discount from Original List Price €

T2 2 130 12 295,000 245,000 14,700 230,300 64,700

T3 3 142 9 370,000 305,000 18,300 286,700 83,300

Reservation Procedure: Once a plot has been selected it will be held for 7 days pending the completion of the reservation agreement and payment of the 5% deposit. Once this has been executed, we will send back the signed agreement as a receipt. You then need to apply for a Visa to Portugal where you will be put in touch with PLMJ who will start on the Residency Permit application and Property Conveyance on submission of the completed documentation.

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3. Rental Income – The Investment in Village Marina:

The Village Marina Apartments combines its privileged access to the beaches, estuary and Olhão’s new leisure marina with all the luxury and

comfort one expects from a premium resort. Its accommodation could not be more convenient or luxurious, offering apartments ranging from

one to three bedrooms, allowing all your loved ones to stay together. The apartments also have fully equipped kitchens, giving you complete

independence. Located just 20 minutes from Faro Airport, The Village Marina complex includes all the first-rate facilities of a top 5 star hotel at

the neighbouring ‘The Real Marina Hotel and Spa’, including swimming pools, panoramic restaurants, bars, Internet access, a fully equipped

gym and luxurious Thalasso spa. Guests can enjoy the use of all these facilities at an additional charge.

Combine all the sumptuousness and facilities of a superbly situated superior hotel with the convenience and freedom of a fully equipped

apartment at the new Village Marina (Real Marina Residence) and it become clear that the rental potential for these apartments are

outstanding.

We have provided some guidance to the potential rental income for both a two bedroom and three bedroom apartments. The information

below is based on a minimum of just 16 weeks occupancy, clearly this is very much a worst case scenario but even on this basis owners of

these apartments will secure yields of around 4%

Projected rental income:

2 Bedroom Apartment Marina Village Olhao

Low Shoulder High Low Season Shoulder Month High Season Annual Total Launch Yield

Per week Per week Per week Income Income Income Gross income Purchase

Price %

425 535 650 1,275 2,675 5,200 9,150 €

245,000.00 3.73%

3 Bedroom Apartment Marina Village Olhao

Low Shoulder High Low Season Shoulder Month High Season Annual Total Launch Yield

Per week Per week Per week Income Income Income Gross income Purchase

price %

590 695 885 1,770 3,475 7,080 12,325 €

305,000.00 4.04%

Notes: These figures are provided for guidance only.

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4. What does Olhão and the Algarve have to offer?

Why Olhão & the Algarve: Investment purchasers are aware that Olhão, which can be easily reached in around two hours via direct flights

from the UK, Ireland and mainland Europe, is an ideal alternative to long haul destinations for sun seekers, offering near year round rental opportunity as well as a superb second home location.

Location:

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LOCATION OF OLHÃO VILLAGE MARINA

Facts on Olhão: Situated on the southern coast of Portugal the Algarve and Olhão enjoy a warm climate all year round with sea water

temperatures between 17⁰C to 23⁰C. The Village Marina is directly on the Ria Formosa lagoon with spectacular views out to sea so there’s no chance that someone can build in front of the resort and spoil the view! Olhão is the largest fishing port in the Algarve and is rightly famed for its sea food restaurants, cooking fish that has been caught fresh that morning. The town itself is two hundred metres from the Village Marina along the water front and there is a long, very pleasant, paved promenade with cool gardens (Jardim Pescador do Olhanense) to escape the heat of the sun.

The town itself doesn’t have a beach, but regular ferries take day trippers to the other side of the lagoon to the islands where the beautifully clear water, with many species of fish, is perfect for diving and snorkelling.

Olhão is definitely a city on the up as far as tourism is concerned, with the Ria Shopping centre with its 3 floors of shops and restaurants and cinema and if that is not enough there are numerous golf courses all a short drive away. Being so close to Faro means short transfer times so you are on holiday before you know it!

Airlift / Airways Frequency: There are frequent flights to and from all over mainland Europe which include the following airlines: TAP,

EasyJet, British Airways, Ryan Air, Air Berlin, Thompson, TUIFly, Condor, Jet2, Monarch, Lufthansa.

Traditional Peak/Low Seasons: The traditional peak season for the Algarve is July and August during which you can expect near to 100%

occupancy of your investment. The shoulder months of June and September also prove popular with foreign tourists looking for the sun and during the low season there are always visitors looking to play golf or just escape the harsher north European winter.

Things to see and Do: Activities available in the Algarve include the following:

Activities Activities Activities

Swimming Boat Trips Canoeing

Snorkeling Sport Fishing Surfing

Diving Sailing Paragliding

Wind Surfing Golf Football matches

Tennis, Football Horse Riding Go-Karting

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Events & things to do

Temperatures/Climate:

January February March April May June July August September October November December

High ⁰C

16 17 19 21 23 27 29 29 26 23 20 17

Low ⁰C

8 9 11 12 14 18 19 20 18 15 11 10

5. What to do next?

Please contact our office staff:

Attn: Matt Fanthom - Director Attn: Mark Read – Sales Director Mobile UK: +44 7572 867742 Tel: +44 203 044 2878 Mobile: +44 7572 260776

Website: www.insightinvestments.eu Website: www.insightinvestments.eu Email: matt@insightinvest.co.uk

Email: mark@insightinvest.co.uk

6. PICTURES

Shopping (either in Olhão or nearby Faro)

Fish Markets

Visit Spain (only 50km from the border)

Olhão Seafood Festival (August)

Beaches

Restaurants and Clubs, Nightclubs

Nature Parks and Marine Reserves

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Village Marina from the Sea

Resort entrance

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Roof Top Pools

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Typical Interiors

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High Quality Design and Construction

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Appendix 1: Introduction to the Golden Residency Scheme (GRS):

Portugal has introduced, in October 2012, a “Golden Residency Scheme” (GRS) allowing for non-EU residents to qualify

for Portuguese residency and passport entitlement in exchange for investment into the country’s economy.

Golden Residency Scheme: On October 8th 2012 the Portuguese Government passed legislation allowing non-EU individuals who invest in

Portugal, under certain criteria, the right to temporary Residency followed by the right to a Portuguese (European) passport if further

conditions are met.

Criteria: (1) Capital investment of €1,000,000 or greater into Portugal, OR

(2) Create a minimum of 10 jobs in Portugal, OR

(3) Invest a minimum of €500,000 of equity in real estate assets. Any sums above this minimum figure can be subject to a

mortgage.

The right to residency requires that individuals spend at least 7 days per annum (consecutive or interrupted) in Portugal/Schengen area of

Europe in the first year and then an aggregate of 14 days (consecutive or interrupted) over the next two years and in the period of two years

after that. If the criteria above are adhered to for a period of six years, the investor then has the right to apply for a Portuguese (European)

passport.

In order to obtain a Residency Visa, the applicant must: (1) Enter Portugal on a valid Schengen Visa. (2) Apply for Residency within 90 days of

entry. (3) Comply with the general requirements of temporary residence.

Golden Residency Scheme (GRS): How it works:

Once you’ve finalised your real estate purchase selection, you will then need to appoint a legal representative to proceed with the purchase and to register your interests in the GRS. We have partnered with PLMJ Law Firm to offer these services at a reduced fee including the ongoing renewal of your GRS. The legal registration is split into two parts, firstly the legal process of buying the property (conveyancing) and secondly the process of applying for the Golden Visa (application). The steps are as follows:

Select a Property and sign a binding Reservation Agreement with a 5% deposit payment. Sign PLMJ’s Terms of Business which appoints the firm as your legal representative in Portugal. Sign PLMJ’s Power of Attorney (PofA) to enable them to act for you – in order to obtain Fiscal Numbers*, to organise fiscal

representation and to look after your legal affairs in Portugal (Property Conveyance(s) & Golden Visa application(s)).

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PLMJ will progress property purchase to Promissory Contract with 20% down payment less 5% already paid at reservation. After Promissory Contracts are signed, the application for the Golden Residency Permit application process can start.

For the Golden Visa application, PLMJ will require the following from the Purchaser: Valid Passport, a Schengen Visa to enter the country initially and travel onward documents. Proof of valid medical insurance and proof of address. Property documents proving ownership/purchase of property (signed Promissory Contract with payment of a deposit for purchase

above € 500,000). Declaration from a bank in Portugal confirming receipt of the funds. Absence of criminal conviction (Criminal Record) and of interdiction to enter the country. Absence of notice from the Portuguese Immigration Authorities or Schengen Services Declaration from the investor confirming compliance with the investment requirements

*Please note that PLMJ does not provide Fiscal Services but will liaise with relevant parties who do on your behalf. For the sake of clarity the services herein to be provided by PLMJ do not include tax planning or tax advice. However, these are provided by PLMJ subject to a separate agreement and upon request.

PLMJ will then process all the documentation on your behalf (for up to 3 family members) including the two bi-annual renewals. PLMJ Fees: €7,500 for the property acquisition (conveyancing) and the Golden Residency Permit application for up to three family members including the principal applicant. Additional qualifying family members can be added for a one-off fee of €500 (including initial application and two renewals).

Application Fees (charged by the Portuguese Authorities)

- Processing Fee (initial application and renewals) - € 513.75

- Initial Investor Residency Permit - € 5,137.50

- Renewal of Investor Residency Permit - € 2,568.75

- Initial Residency Permit for Family Members - € 5,137.50

- Renewal of Residency Permit for Family Members - € 2,568.75

Conditions that are required to be met for the Grant &/or Renewal of the Golden Residency Permit:

- Residency Permit granted for an initial period of 1 year & renewed for periods of 2 years

- Minimum stays in Portugal – 7 days first year & 14 days following periods of 2 years

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- Possibility of permanent residency after year 5 and nationality one year later

- Bearers of Investor Residency Permits may travel freely in the Schengen area

Appendix 2: Information on purchase costs when buying in Portugal

IMT - Imposto Municipal Transmissões Onerosas de Imóveis: IMT is the tax payable by the buyer on acquisition of property. The tax payable is calculated on the purchase price of the property declared by the parties on completion. For residential property for non residents/second home see table below showing latest costs:

Property value Rate Amount to be deducted

Up to € 92,407

1%

€ 0.00

Over € 92,407 up to € 126,403

2%

€ 924.07

Over € 126,403 up to € 172,348

5%

€ 4,716.16

Over € 172,348 up to € 287,213

7%

€ 8,163.12

Over € 287,213 up to € 550,836

8%

€ 11,035.25

Above € 550,836

Single rate of 6%

Please note: Some other cost like registration fees etc. will also have to be paid but these are small costs and PLMJ will go through all these costs

with you once you have selected an apartment/villa and we have introduced you to them.

STAMP DUTY - Imposto de Selo: Stamp Duty is also payable on acquisition of property and is calculated on the purchase price declared by the

parties on completion. It is also payable if a mortgage is required for the purchase and is calculated on the value of mortgage. PROPERTY –

SINGLE RATE OF 0.8% ON THE PURCHASE PRICE + MORTGAGE – SINGLE RATE OF 0.6% ON THE VALUE OF THE MORTGAGE

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Appendix 3: An introduction to Insight Investments:

Insight Investments - A property development and sales specialist with unrivalled experience in the Portugal market (see

www.insightinvestments.eu).

Insight Investments is a UK company and has been active in Portugal for many years as well as Spain and the USA, alongside its business

interests within the UK. The company has significant international property investment experience and has worked in partnership with many

international property developers, banks and institutions over this time.

We have created a truly one-stop-shop for investment buyers in Portugal to make their investment as worry-free as possible. We have

organised partnerships or established companies in Portugal to make sure the needs of the investor(s) are looked after post property purchase

and visa application. If the services are required we are able to provide the following: (1) Letting & Management. (2) Garden Maintenance &

Pool cleaning. (3) Furniture set-up.

PLMJ: PLMJ is one of the leading Portuguese law firms in both size and market reputation. It operates from offices all over Portugal, as well as the Portuguese speaking countries of the world including Brazil, Angola, Mozambique, East Timor and Macau. They also have representational offices throughout China via Dacheng Law Offices. PLMJ is known internationally for its professional reputation, which includes:

High ethical standards which is cohesive, socially responsible, specialised and competitive Providing a first-class legal service Strong international partnerships Good focus on client’s requirements and then delivering a quality service at a reasonable price

Ability to constantly adapt to the competitive and regulatory environment.ncy

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Insight Investments Ltd take all reasonable care to ensure that the information contained in all of its documentation is accurate and all details provided are for guidance only and any investment models, cost projections, photographs, floor plans, sizes and specification are subject to changes and only give a general indication of the property. Insight Investments and its group of partners cannot warrant the accuracy, adequacy or completeness of the information and expressly disclaims liability for errors or omission therein. It is the responsibility of the purchaser/ investor to take such legal and financial advice as they think fit bearing in mind the nature of the investment.