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Full or Fractional Ownership- You Decide!

Villas Playa Grande was created to meet the needs of discerning families and investors who want a smart investment, the enjoyment of their own vacation home, without the typical hassles that go along with second home property ownership. Many who in the past found it difficult to justify owning a second home are participating in fractional ownership as a sensible way to own resort, investment, and foreign real estate.

A fractional ownership interest in Villas Playa Grande is very similar to a group of friends getting together to purchase a condominium. They own the condo collectively; they share in all the expenses, the appreciation, the amenities and use.

If you are unable to enjoy the beauty of Costa Rica on a full time basis—consider fractional ownership—you’ll find it’s the smart alternative.

The benefits. The opportunity.

• In addition to full ownership we are offering: 1/6 ownership interests.

• Diversification—Your hard earned dollars will not be tied up in one investment allowing you the flexibility to pursue various interests.

• Allows you the opportunity to participate in the Costa Rica real estate market with a minimal cash outlay.

• Pricing—do your research. Look around at surrounding Costa Rica real estate prices; we are confident you will agree—Villas Playa Grande present a tremendous opportunity.

• Who’s doing it? Fractional Ownership, the Wall Street Journal stated, "the sensible way to own and enjoy luxury assets". Fractional ownership is the fastest growing segment of the luxury vacation home industry. You will find successful fractional ownership properties in locations such as Aspen, Vail, Tahoe, Cabo San Lucas, St. Thomas and Napa.

The popularity of fractional ownership is spilling over into the commercial markets as well. In 2005 investors purchased close to $8 billion worth of commercial real estate in the United States through fractional ownership offerings. That figure is expected to grow considerably in 2006. The fractional ownership concept really has opened the door to bigger and better properties for investors and at the same time mitigated their risk.

Another fine example of the fractional ownership business model is Net Jets. Net Jets is owned by one of the richest men in the world, Warren Buffet. Net Jets allows you to own a fraction of a business jet without the full time commitment and expense. Fortune 500 companies, celebrities, sports figures- they are participating in fractional ownership of jets, second homes, boats, investment properties, and more.

Please note: Villas Playa Grande is the only true opportunity to own a fractional share of a luxury villa in Costa Rica-our clients want ownership not a timeshare.

How does fractional ownership in Villas Playa Grande differ from a timeshare?

They are totally different. Timeshares are typically related to weeks of usage, not ownership of deeded real estate. Villas Playa Grande fractional owners receive a 1/6th share of a home, plus an undivided interest in the pool, clubhouse and common areas, evidenced by a recorded deed, guaranteed by title insurance. Owning a home at Villas Playa Grande is true ownership in one villa. Keep your surfboards, fishing poles, and hiking boots in your own secure storage unit—it’s your home year after year. You decide with your co-owners everything about your investment—just like you would with any other real estate ownership.

Why buy a fractional share in Villas Playa Grande?

Fractional ownership gives you complete flexibility, allowing you to buy only what best suits your needs, from 1/6th ownership to full ownership. Some people will want to own a Villa outright, others will prefer use of their Costa Rica Property for a full two months or more out of the year. Either way never before has this rare opportunity to "choose" what is best for you, your family, and your budget, been available in Costa Rica.

What if I need to sell my Villa?

Circumstances change in people's lives. Selling your ownership in your Villa at Playa Grande is really no different than selling any other real estate. You would obtain a current appraisal of the property and sell your fraction at, above, or below the appraised value. The current owners will have the first right to purchase your ownership of the property. If the existing owners do not have an interest, you may sell your fraction yourself or hire a local real estate professional to sell your percentage of ownership for you.

Is there Financing available for Villas Playa Grande?

No. However we have broken your cash outlay into four easy installments.

What are real estate prices doing in Costa Rica?

The real estate market in all of Central America continues to be very strong.

How many Ownership Interests are sold in a Villas Playa Grande home?

Some Villas will have single owners, others will be co-owned by a maximum of six owners.

How often can fractional share owners use their residence?

1/6th ownership entitles owners to use their home a minimum of 2 months per year. Each unit will have a web site, making planning and scheduling of their home with their co-owners easy and efficient.

Will there be someone on the premises at all times?

Yes. On the premises at all times will be a full time caretaker, security guard, and maid. Our goal at Villas Playa Grande is to make your home ownership in Costa Rica easy, worry-free and relaxing.

Is long-term storage available for owners?

Yes. Sporting equipment, toiletries, wine and other personal items can be securely stored at the residence.

Who controls the affairs of each residence?

The owners control the affairs. It is your home / investment property.

Can families / friends share an ownership interest?

Yes.

We have five friends that are interested in purchasing a Villa. Can we own the same Villa?

Yes.

When can we move in to our Villa?

Completion is scheduled for 2007.

If my Villa goes up in value, do I participate in the appreciation?

Of course! Let’s say you purchase a 1/6 fractional share of a Villa today for $66kUSD. Now look ahead five years and for illustration purposes only say your Villa is worth $680k. Your 1/6 interest would now be worth 113k plus you, your family, and friends, had use of your home for a minimum of two months of each year for the past five years. You cannot put a value on the good times, the memories.

Please note: We do not guarantee or imply the future price of any real estate. Property values can and will change. You are advised to seek the opinion of a real estate professional or attorney in the area you are considering buying.

When will you be accepting deposits and reservations for the Villas?

In 2006. If you have an interest in one of our Villas, we highly recommend you get on our mailing list. We will keep you informed of important dates and events regarding the Villas Playa Grande development. Deposits will be accepted on a first-come-first serve basis without prejudice.

Who will be the typical buyer of a Villa at Playa Grande?

Individuals, families and astute investor’s that have an appreciation for value, the outdoors, the beauty of Costa Rica and the friendliness of the native people. Villas Playa Grande is just steps from the most consistent surf break in the country. Within fifteen minutes in either direction of Playa Grande, you will enjoy world-class fishing, golf, fine dining, and shopping. Playa Grande is a scenic fifty-five minute drive from Liberia International airport, now served by several major airlines including American Airlines and Delta. Not only are people buying a lifestyle, we feel they are making a wise investment.

How do I learn more or reserve a Villa?

Complete the attached form and a representative will contact you with additional information regarding this opportunity.