Why a Caribbean Investment Property

In this economic climate, where do investors put their money to bring a return?

The banks?The stock market?The UK property market?The European property market?

What is Investment Property?

Property that is purchased to bring a return, not to be lived inReturns come from capital appreciation and rental incomeInvestment property makes your money work for you - it is somewhere safe to put your money and see it grow

Why the Caribbean

Already a major holiday destination with tourist numbers increasing year-on-year

Year round holiday destination because of its beauty and tropical climate - avg temperature of 28°C and 9 hours of daily sunshine

Easily accessible - direct flights from the UK & Europe, US, Canada

Huge demand for hotel accommodation

Occupancy Caribbean avg 85% v. world avg 61% v. Oasis avg 96.8%

Few 5 Star hotels

Expansion of tourism is a key objective for island Governments which offer financial and tax incentives for developers and property investors

Caribbean has not been affected by recession in the last 45 years

High net worth individuals visit the Caribbean

Property market has experienced high growth of 12 - 15% per annum for the last 10 years and prices are expected to continue to appreciate indefinitely

Harlequin has selected Caribbean locations with stable, economic markets

Harlequin’s resorts are on islands with limited land for building so land is at a premium; the value of land purchased has already increased year-on-year

Excellent long and short term returns on investment Capital Appreciation

The key to capital appreciation is location – Harlequin’s resorts are in locations where the property market is experiencing high capital growth which is likely to continue indefinitely e.g.

St Vincent - property prices are much lower than neighbouring islands e.g. a fifth of the price of Barbados

St Lucia - property prices are increasing with its popularity as a tourist destination; prices are still much lower than Barbados

Properties are sold off plan at up to 50% below market value with several price rises during construction. Early investors pay less than the property’s value at completion. The earlier the investment is made the higher the capital appreciation giving a higher share in the capital growth

Excellent long and short term returns on investment Annual Rental Income

Rental income comes from the property being rented out by the hotel management company - investors will receive 50% net room rate share ongoing*

Harlequin select the best locations, design, amenities, management and marketing to bring the best possible rental rates

Resorts are in locations which are proven to be attractive to tourists and where there is demand for hotel accommodation either with an established tourist industry or a new location that is experiencing inward investment in its infrastructure to support tourism.

*Investors will receive a two year rental guarantee of 10% of the original purchase price paid from completion i.e. If the original purchase price of your property is £200,000 you will receive £20,000 each year for 2 years

How to Finance an Investment Property from Harlequin Hotels & Resorts

100% finance* is available which means investors only need to pay the £1,000 reservation fee and nothing else until completion. Investors raise a loan to fund the 30% deposit and Harlequin Hotels & Resorts pay the monthly repayments on the loan until completion. Upon completion these payments will be added to the outstanding amount already owed.

Properties are suitable for a Self Invested Personal Pension (SIPP)

*Subject to Status. Terms & conditions apply.

Our Vision

To create an investment that is easy to sell, easy to buy and easy to own

Business Concept

The key to high capital appreciation and excellent long term rental income is location - Harlequin have selected locations with stable, economic markets, where there is limited land available for building so land is at a premium, where the property market is experiencing high capital growth which is likely to continue indefinitely and which are proven to be attractive to tourists and where there is demand for hotel accommodation either with an established tourist industry or a new location that is experiencing inward investment in its infrastructure to support tourism

Land is purchased outright without a loan

Properties are sold off plan to fund the construction

Hotel management company will manage and maintain the resort and market it to deliver the highest possible occupancy ensuring an excellent return for investors - rental market is UK, rest of Europe, US and Canada

Well-known brands and celebrities signed to help design and deliver the world class amenities in the resorts

Excellent finance options

Exit strategy - Harlequin will help investors sell their property at any time from exchange of contracts. Upon completion each resort will have a dedicated sales office.

What Harlequin’s Resorts will include

All resorts will include 5 star amenities:

The Island Sanctuary Spa

Harlequin Sports Academy including the Pat Cash Tennis Academy, Football Academy, Cricket Academy

Harlequin Fitness Centre

Shopping Piazza with designer boutiques and beachwear

Restaurants and bars which offer a choice of cuisine, ranging from fine dining to casual eating, including Trader Vic’s

Kid’s Club and Teen Club

Several swimming pools with concierge service for drinks and snacks

Some resorts will also feature a Gary Player Signature Golf Course, Marina, Equestrian Centre, Water Park, Conference Facilities, Casino, Entertainment Venue, Diving & Watersports Centre

The Harlequin Sports Academy

The Harlequin Sports Academy provides coaching for football, baseball, cricket and tennis for all ability levels and ages and includes a Fitness Centre comprising a full range of state-of-the-art cardiovascular and strength training equipment.

Football coaching is overseen by a team of fully qualified FIFA coaches and courses are designed to be interactive, challenging and fun for all ability levels aged 5 and above. The football facilities are also available for teams to undertake intensive pre-season training.

Cricket coaching is designed to encourage players of all levels of experience to learn game skills in a fun environment and have confidence in their own ability, with the opportunity to participate in matches with local teams.

The Pat Cash Tennis Academy will provide unique training and coaching programmes including video analysis for tennis players of all ages, standards and abilities. Players have the opportunity to participate in social play in preparation for the weekly club tournaments which are open to both juniors and adults. Pat will also hold coaching clinics at each of the resorts and play in exhibition matches.

The Island Sanctuary

The Island Sanctuary is a private island made of soft, white sand surrounded by water and hidden from the outside world by a living boundary of lush, tropical greenery, home to a world class spa and luxurious spa villas.

Guests at The Island Sanctuary will enjoy:

Private access to The Island Sanctuary Spa

Opportunity to have spa treatments within their villa

Private restaurant

Opportunity to dine within their villa

Transfer by chauffeured limousine to and from the airport or by seaplane to Buccament Bay Beach Resort

Superb standard of service including a dedicated butler

The Island Sanctuary

Each villa has its own private grounds providing complete seclusion. The glass walls of the villa slide back to provide an extended living area opening directly onto an outdoor terrace with a jacuzzi, an infinity-edge swimming pool with covered sala for relaxation and massage and parabolic speakers linked to the entertainment system. Offering elegant and spacious accommodation the interior combines oriental simplicity and contemporary luxury:

Air conditioning

State-of-the-art media centre with interactive entertainment system, flat screen TV, internet access and stereo

Large, sumptuous beds with crisp white bed linen

Luxuriously-appointed shower room with multi-spray shower and outdoor rain-shower

Private bar

Why Invest with Harlequin Hotels & Resorts

Harlequin select the best locations, design, management and packaging to bring the best possible rental rates including reputable brands to help design and deliver the amenities in the resorts

Independent feasibility studies carried out for each location

Contracts created by DLA Piper, one of the 5 top UK law firms

Local Government support unequivocally in each of the locations

Land is purchased outright without a loan

Value of land purchased has already increased year-on-year i.e. Buccament Bay was valued at £50 Million in July 2007, in January 2008 it was valued at £100 Million and at completion is estimated to be valued at £250 Million

Rental market UK, rest of Europe, US and Canada

Excellent finance options available

Harlequin will act as agent to sell investors’ property at any time from exchange of contracts

Our Partners

Oasis Hotels & ResortsWorld class hotel company Oasis Hotels & Resorts will manage Harlequin’s resorts

Trader Vic’sTrader Vic's legendary cocktail bars and restaurants will be located at each of Harlequin’s resorts

Gary PlayerGary Player Design and Player Real Estate will create a Gary Player Signature Golf Course and stunning 170 room golf hotel and luxurious villas at The Marquis Estate in St Lucia

Pat CashEach of Harlequin’s resorts will include a Pat Cash Tennis Academy

Oasis Hotels & Resorts

Oasis Hotels & Resorts have 42 hotels in Spain, Mexico, the Dominican Republic and Cuba. With several 5 star hotels in the Caribbean already under their management they are confident in providing the highest standards of quality, style and comfort for guests at Harlequin’s resorts. The resorts will also benefit from the efficiency of their global booking system and established online presence and relationships with major tour operators which will ensure maximum occupancy throughout the year.

Oasis Hotels & Resorts are part of the Globalia Corporation, the leading travel and leisure conglomerate in Spain. Globalia also includes the airline Air Europa and travel companies Halcon Viajes, Viajes Ecuador and Travelplan.

Air Europa has been operating for 17 years and is Spain's second largest airline, transporting over 10 million passengers in 2007. Its fleet of 42 aircraft serve destinations throughout Europe, South America, the Caribbean, North America and Northern Africa.

This relationship provides Harlequin with the advantages of a global network to ensure that its resorts will have maximum occupancy and accessibility.

Trader Vic’s

Trader Vic's legendary cocktail bars and restaurants will be uniquely styled incorporating the tropical flavours and latin-infused ambience synonymous with Trader Vic's.

The original Trader Vic's was founded in 1934 by Victor Bergeron in Oakland, inspired by the places he visited on his travels.

Today his collection of sophisticated and exotic bars and restaurants are situated in some of the world's most glamorous places, providing guests with a mouth-watering selection of international cuisine and exquisitely mixed cocktails to enjoy in exotic surroundings.

Gary Player

Gary Player Design has designed over 300 golf courses worldwide and is delighted to be working with Harlequin Hotels & Resorts to create a Gary Player Signature Golf Course at The Marquis Estate in St Lucia. The course is being designed to be challenging for both amateurs and professionals and will make use of the spectacular views to create a golfer’s paradise and provide players with an unforgettable golfing experience.

Player Real Estate is working with Harlequin Hotels & Resorts to create a stunning 170 room golf hotel and luxurious, secluded villas interspersed throughout the golf course at The Marquis Estate.

Gary Player is the most successful international golfer of all time. He is one of only five players to win all four major championships, a career Grand Slam, and his nine major championship victories and 163 worldwide victories during his 50 year career have earned him a special place amongst the golfing elite. The Gary Player Brand is renowned for its quality, integrity, honour and character both in golf and business and will add tremendous value to the properties within this resort.

Pat Cash

World Champion Pat Cash was ranked the top junior player in the world in 1981 and in 1982 he won the junior titles at both Wimbledon and the US Open. He turned professional in 1982 and won his first top level single that year in Melbourne. In 1983 Cash became the youngest player to play in a Davis Cup final. The crowning moment of his career came at Wimbledon in 1987 when he defeated World No. 1, Ivan Lendl, in the final to become the Wimbledon Champion. He is a five times Grand Slam Finalist, winner of the Davis Cup twice and a respected world-wide television commentator.

The Academy will provide unique training and coaching programmes, including video analysis, developed from Pat's many years of learning during his playing career, his analytical approach and most recently the application of his knowledge in coaching on the professional tour. Players of all abilities will be given encouragement and training to develop the skills necessary to enjoy the game at the level they wish to play. Pat will also hold coaching clinics at each of the resorts and play in exhibition matches.

Key Selling Points

Fully furnished, freehold investment properties at luxury 5 Star spa resorts in locations where the property market is experiencing high capital growth which is likely to continue indefinitely and which are proven to be attractive to tourists and where there is demand for hotel accommodation

Properties sold off plan at up to 50% below market value

100% finance* is available - £1,000 reservation fee and nothing else to pay until completion. Harlequin pays the monthly payment on the 30% deposit

70% guaranteed mortgage from completion

Two year 10% rental guarantee followed by 50% net room rate share i.e. if the original purchase price of your property is £200,000 you will receive £20,000 each year for 2 years

30 days free use per year

Properties are within a resort which is managed and maintained to the highest standard by a world class hotel management company and marketed to deliver the highest possible occupancy ensuring an excellent return for investors

*Subject to Status. Terms & conditions apply.

St Vincent & The Grenadines – Key Facts

Population 110,000

Capital Kingstown

Area 344 sq km/133 sq miles

29 km/18 miles long 18 km/11 miles wide

Geography St Vincent is a volcanic island. The northern third of the island is mountainous (parts of this area are accessible only by boat). The highest point is La Soufriere volcano - 1,234 metres. Most of the island’s population lives near the southern coast. 5 administrative parishes -Charlotte, St Andrew, St David, St George, St Patrick

Time zone GMT -4

Language Official language is English

Currency Eastern Caribbean dollar (fixed to the US dollar); US dollars are widely accepted

Airport Local airport, E T Joshua Airport, in Kingstown in the south of the island. An international airport is planned for 2011 +

Flight times 5 major gateways – 5 x flights daily from Barbados (30 mins) Grenada (30 mins) Martinique (45 mins) St Lucia (20 mins) Puerto Rico (21/4 hrs)

St Vincent & The Grenadines – Key Facts

Climate Tropical climate with little seasonal temperature variation averaging 27°c; average daily sunshine 8 - 9 hours; seasonal rainfall between May and November

Location St Vincent is the largest and most populated of the 32 St Vincent & the Grenadines islands and cays. Part of the Windward Islands chain in the Southern Caribbean region lying100 miles west of Barbados

Coastline The island has a total of 84 km of coastline

Government St Vincent is an ex-British colony and has been an independent state in the Commonwealth since October 1979; Governor General - Sir Frederick Ballantyne; Prime Minister - Ralph Gonsalves

Economy St Vincent is emerging as a well-governed and regulated financial jurisdiction, the main activities being banking, trusts, insurance, mutual funds and the registration of International Business Companies

Tourism St Vincent is a new tourist destination. High season - January to May

St Vincent & The Grenadines An Excellent Investment Opportunity

St Vincent is beautifully unspoilt and underdeveloped and has huge potential for growth, which has been acknowledged and is supported by the Government which is actively encouraging foreign investment and growth in the tourist industry.

The number of visitors arriving on the island has increased by 25.5% since 2002 and in 2007 increased by 16.5% year on year. Visitors are predominantly from the UK, USA and Canada. In 2006 total expenditure by tourists was $95.6 million. Currently there are only around 400 rooms available in hotels on the island, and no hotel above a 3 Star, so there is excellent rental potential for the Buccament Bay Beach Resort. The proposed International airport, which will be completed in 2011, will also encourage more visitors to the island.

Property prices are currently a quarter of those in Barbados so now is the perfect time for an early investment in this market as prices will rise when the resort opens as the island becomes more popular due to the increase in visitors.

Buccament Bay Beach Resort

Situated on the southwest coast of St Vincent the resort is a 15 minute drive from the existing airport and 40 mins from the new airport which is currently under construction and scheduled for completion in 2011.

The wide bay enjoys the calm waters of the Caribbean Sea and is an ideal location for snorkelling and diving.

Built to the highest specification and offering state-of-the-art facilities it will be the first luxurious 5 Star family-oriented resort on St Vincent. The target audience is wealthy tourists who may currently stay at 4 & 5 Star hotels on other Caribbean islands.

Award-winning water gardens designer, Peter May, is designing, constructing and planting the ponds which are a key feature of the gardens.

One of the world's leading architects and designers of hotels, Lorenzo Bellini from Rome, Italy, is blending Italian style with contemporary Caribbean influences to create a stunning 5 Star resort that is modern yet reflects the warmth and charm of this wonderful Caribbean island.

The resort will open in Summer 2010.

Buccament Bay Beach Resort – Properties Available

Studios & ApartmentsStudio with balcony 45 sq m / 484 sq ftStudio Suite with balcony 63.9 sq m / 687.8 sq ft1 bedroom 1 bathroom apartment with balcony 76.8 sq m / 826.7 sq ft2 bedroom 1 bathroom apartment with balcony 105.8 sq m / 1138.8 sq ft2 bedroom 1 bathroom apartment with wrap balcony 124 sq m / 1334.7sq ft3 bedroom 2 bathroom penthouse suite with roof terrace & jacuzzi 409.7 sq m / 4410 sq ft

Cabanas & Plantation HousesCabana 1 bedroom 1 bathroom with sun deck & pool 79 sq m / 850 sq ftCabana Superior 1 bedroom 1 bathroom with sun deck & pool 83.6 sq m / 900 sq ft Cabana 2 bedroom 2 bathroom with sun deck & pool 129 sq m / 1388 sq ftPlantation house 2 bedroom 2 bathroom with sun deck & pool 155.3 sq m / 1672 sq ftPlantation house 3 bedroom 3 bathroom with sun deck & pool 191.2 sq m / 2058 sq ftPlantation house 4 bedroom 4 bathroom with sun deck & pool 227.4 sq m / 2448 sq ft

Buccament Bay Beach Resort – Properties Available

Waters Edge

2 bedroom 2 bathroom apartment with balcony & jacuzzi

ground floor 191.8 sq m / 2065 sq ft

first floor 172.3 sq m / 1855 sq ft

second floor 211.4 sq m / 2275 sq ft

third floor 191.8 sq m / 2065 sq ft

3 bedroom 3 bathroom penthouse suite with roof

terrace, jacuzzi & plunge pool 409.7 sq m / 4410 sq ft

The Island Sanctuary

1 bedroom 1 bathroom spa villa with private grounds & infinity pool 325 sq m / 3500 sq ft

2 bedroom 2 bathroom spa villa with private grounds & infinity pool 464.5 sq m / 5000 sq ft

Other Resorts in St Vincent & the Grenadines

Nightly room rates in other resorts in St Vincent & the Grenadines during high season:

St VincentPetit Byahaut Resort (eco resort) US$390Young Island Resort US$535-955Canouan IslandRaffles Resort Canouan Island US$815- 1,420Tamarind Beach Hotel & Yacht Club US$325- 610MustiqueCotton House Hotel US$816 – 1,340Firefly Hotel US$850 – 1,050MayreauSalt Whistle Bay Club Hotel US$480Palm IslandPalm Island Resort US$815 – 1,040Petit St VincentPetit St Vincent Resort US$960

Barbados – Key Facts

Population 280,000

Capital Bridgetown (other important towns – Holetown, Oistins, Speightstown)

Area 430 sq km/166 sq miles

34 km/21 miles long 23 km/14 miles wide

Geography Barbados is predominantly composed of limestone-coral, created less than one million years ago by the collision of the Atlantic crustal and Caribbean plates formed the base for an accumulation of 300 ft of coral. It is primarily low-lying, rising gently to the central highland region; the highest point is Mount Hillaby in the Scotland district - 340metres. The island has 11 administrative parishes - Christchurch, St Andrew, St George, St James, St John, St Joseph, St Lucy, St Michael, St Peter, St Philip, St Thomas

Time zone GMT -4

Language Official language is English; the local dialect is Bajan English

Currency Barbados dollar (fixed to the US dollar); US dollars are widely accepted

Airport There is one major airport – Sir Grantley Adams International Airport (GAIA)

Flight times 8.5 hours from London - BA & Virgin fly daily; 3.5 hours from Miami and 5 hours from New York – American Airlines fly daily

Barbados – Key Facts

Climate Tropical climate with little seasonal temperature variation averaging 27°c; average daily sunshine is 8 – 9 hours; seasonal rainfall between June and October

Location Barbados is the most easterly Caribbean Islands and part of the Lesser Antilles. Located where the Atlantic Ocean meets the Caribbean Sea

Coastline The island has 62 miles of coastline with white, finely ground coral beaches

Government Barbados is an ex-British colony and has been an independent state in the Commonwealth since November 1966; Governor General – Sir Clifford Husbands; Prime Minister – David Thompson

Economy Barbados is one of the most developed countries in the Caribbean with a market based economy and capital growth of 12%. The island is highly rated for the quality of its educational, social and healthcare services ranking in the top 30/31 countries in the Human Development Index. Its economy is driven by business and financial services, tourism, agriculture and manufacturing. Large corporates are investing in Barbados e.g. PWC, KPMG, Barclays

Tourism Barbados is one of the most established tourist markets in the world. It has been a tourist destination since the early 40’s and has experienced a boom since the 60’s. It was one of Concord’s most profitable routes with daily flights in the winter months. High season – mid Oct to mid March

Barbados – An Excellent Investment Opportunity

Barbados is already one of the most popular holiday destinations in the world with a well-established tourist industry and a huge demand for hotel accommodation all year round. The total number of visitors has increased by 13% since 2002 at an average rate of 3.13% per year during this period, with visitors predominantly from the UK (37.6%), USA (23.2%) and Canada. In 2006 the total expenditure by tourists was $763.2 mn averaging $127.48 per day per tourist.

There is an established property market and prices are still rising due to near saturation as there is a limited stock of property available for sale and limited land available to build on. With capital growth expected to be consistent at +15% per annum for the next four years bringing a high return on investment it is still an attractive prospect for overseas property investors. Peter De Savory, quoted on www.Propertyweek.com, 4th April 2008: “You can buy first class new land for $700 to $1,200/sq ft. In Barbados it’s around $2,500.”

The Bajan Government sees the tourist industry as the main catalyst for economic development and has created the Tourism Development Act which offers incentives to expand the tourism and hospitality sector. It includes provision for investors in tourism projects to benefit from write off of capital expenditure and 150% of interest. There is also exemption from import duty, value added tax and environmental levies in respect of furniture, fixtures and equipment as well as building materials, supplies and equity financing.

Business Week 2008 quotes Stuart Layne BTA President and CEO "The bottom line is that the only sustainable option for tourism on a small island state like Barbados is to offer quality over quantity and to offer it all year round" and he predicts that eventually demand will outstrip supply. "If we accomplish what we are trying to do, there may very well be a waiting list to get on the island."

The Merricks Beach Resort – Properties Available

Studios & ApartmentsStudio Suite with balcony 63.9 sq m / 687.8 sq ft1 bedroom 1 bathroom apartment with balcony 76.8 sq m / 826.7 sq ft2 bedroom 1 bathroom apartment with balcony 105.8 sq m / 1138.8 sq ft2 bedroom 1 bathroom apartment with wrap balcony124 sq m / 1334.7sq ft3 bedroom 2 bathroom penthouse suite with roof terrace & jacuzzi 409.7 sq m / 4410 sq ft

Cabanas & Plantation HousesCabana 1 bedroom 1 bathroom with sun deck & pool 79 sq m / 850 sq ftCabana superior 1 bedroom 1 bathroom with sun deck & pool 83.6 sq m / 900 sq ft Cabana 2 bedroom 2 bathroom with sun deck & pool 129 sq m / 1388 sq ftPlantation house 2 bedroom 2 bathroom with sun deck & pool 155.3 sq m / 1672 sq ftPlantation house 3 bedroom 3 bathroom with sun deck & pool 191.2 sq m / 2058 sq ftPlantation house 4 bedroom 4 bathroom with sun deck & pool 227.4 sq m / 2448 sq ft

The Merricks Beach Resort – Properties Available

Palmetto Bay1 bedroom 1 bathroom ocean suite with balcony 42.7 sq m / 460 sq ft

1 bedroom 1 bathroom garden suite with balcony 42.7 sq m / 460 sq ft

The Island Sanctuary 1 bedroom 1 bathroom spa villa with private grounds & infinity pool325 sq m / 3500 sq ft

2 bedroom 2 bathroom spa villa with private grounds & infinity pool464.5 sq m / 5000 sq ft

The Merricks Beach Resort

The luxury 5 star Merricks Beach Resort is situated in a stunning cliff top position in the south east of Barbados on the ruggedly beautiful Atlantic coast and enjoys spectacular panoramas forged over millions of years by the powerful Atlantic Ocean's winds and waves. Located in the parish of St Philip, 4km north of The Crane and next to Sam Lord’s Castle it is just 20 minutes from the Sir Grantley Adams International Airport.

The Merricks Beach Resort will become one of Barbados’s most luxurious, family-orientated 5 star resorts and will offer state-of-the-art accommodation and amenities including a world class spa. There is currently a shortage of this level of accommodation on the island.

It will be managed and maintained to the highest standard by world-class hotel company OASIS HOTELS & RESORTS. They are confident in providing the highest standards of quality, style and comfort for guests. The resort will also benefit from the efficiency of their global booking system and established online presence which will ensure maximum occupancy throughout the year.

Several Environmental Impact Analysis projects are currently in progress to facilitate our application for planning approval. We already have the report and recommendations from a 3 month coastal study and proposal for creating a breakwater for the beach at Palmetto Bay to make a safe area for bathing.

We expect to receive full planning permission by Summer 2009 and to complete the resort by Christmas 2012

Other Resorts in Barbados

Nightly room rates in other resorts in Barbados during high season:

West CoastCobblers Cove US$730-2,450Colony Club US$705-942Coral Reef Club US$420-710Fairmont Royal Pavilion (5 Star) US$1,097The House US$894-1,447Little Good Harbour US$391-690Royal Westmoreland Golf & Villa Resort US$325-1,120Sandpiper US$700-2,300Sandy Lane US$1,300-4,900St James Apartments US$330-510Treasure Beach US$780-1,800

East CoastBottom Bay House US$875 The Crane US$350-1,200

Dominican Republic – Key Facts

Population 9.2 million

Capital Santo Domingo (second largest city is Santiago de los Caballeros)

Area 48,730 sq km / 30,279 sq miles; 380 km / 235 miles long, 265 km /165 miles wide

Geography The Dominican Republic is the second largest country in the Caribbean. It is divided into 6 regions – North Coast, South Central, Central, East Coast, North East Coast & South West Coast, with 31 provinces and one National District. Its terrain is mostly rugged highlands with towering peaks plunging down into lush valleys; the highest point is Pico Duarte – 3,175metres. The country has 1,288 km of coastline of which 300 km is golden sandy beaches

Time zone GMT -4.

Language Official language is Spanish; 1 million people are also fluent in Haitian Creole

Currency Dominican Peso

Airport There are 10 international airports in the Dominican Republic. Just 20 minutes from the Two Rivers Beach Resort is the Gregorio Luperon International Airport at Puerto Plata

Flight times 9.25 hours from London via Miami; 2 hours from Miami; 3.5 hours from New York. BA operates from London via Miami (American Airlines)

Dominican Republic – Key Facts

Climate Tropical climate with little seasonal temperature variation averaging 28°c; average daily sunshine is 9 hours; seasonal rainfall between May and November

Location The Dominican Republic occupies the eastern two-thirds of the Caribbean island called Hispaniola; the remaining third of the island to the west is the Republic of Haiti. Hispaniola is the second largest of the Greater Antilles islands, and lies between the Atlantic Ocean and the Caribbean Sea

Coastline 1,288 km of coastline; 300 km of golden sandy beaches

Government Presidential Republic – the president is both the chief of state and head of Government

President - Leonel Fernandez

Economy Economic reforms launched in late 1994 contributed to exchange rate stabilisation and reduced inflation. The president instituted austerity measures to rescue the country from economic crisis, andin the first half of 2006 the economy grew 11.7%

Tourism In 2004, the Dominican Republic welcomed 3.5 million tourists (29% of the Caribbean total) who spent in excess of US$ 3.4 billion (5% more than in 2003). Tourism accounted for 24% of GDP High season – December to April

Dominican RepublicAn Excellent Investment Opportunity

The Dominican Republic is a major tourist destination for sunseekers and thrill-seekers alike. There is a huge demand for hotel accommodation as it is increasing in popularity as a tourist destination. The total number of visitors increased by 43% between 2002 and 2007. In the period January to June 2008 stopover arrivals were up by 5.2%, with visitors predominantly from Europe (32.3%), the USA (27.9%) and Canada (19.9%). The Dominican Republic had the largest number of visitors of any Caribbean Island. In 2006 the total expenditure by visitors was $3180.4 million.

There are currently very few true 5 Star resorts in the Dominican Republic.

The Dominican Republic is a safe investment with opportunity for profit because:

it is far from fully-developed property prices are already seeing huge growth

In 2007 Foreign Direct Investment in the Dominican Republic increased in total by 16.3% including an increase in Real Estate by 120% and in tourism by 58.1%.

The Government has introduced a number of incentives to increase the pace and progress of development in the tourist industry. These include:

hotel facilities, resorts and/or hotel complexes;

construction and/or operation of tourist infrastructures, such as aquariums, restaurants, golf courses, sports facilities, and any other that may qualify as a tourist activity

Two Rivers Beach Resort

Situated on the stunning Amber Coast of the Dominican Republic next to the renowned Playa Dorada Golf Club the resort is just 20 minutes from the Gregorio Luperon International Airport at Puerto Plata.

The Two Rivers Beach Resort is destined to become one of the Dominican Republic’s most luxurious, family-orientated 5 star resorts offering state-of-the-art facilities including a world class spa and is ideal for tourists who are seeking a holiday that combines relaxation with the option for plenty of excursions and activities.

The resort will open in Summer 2011.

The Trader Vic’s bar & restaurant will open in Summer 2009.

Two Rivers Beach Resort – Properties Available

Studios & ApartmentsStudio with balcony 45 sq m / 484 sq ft

Studio Suite with balcony 63.9 sq m / 687.8 sq ft

1 bedroom 1 bathroom apartment with balcony 76.8 sq m / 826.7 sq ft

2 bedroom 1 bathroom apartment with balcony 105.8 sq m / 1138.8 sq ft

2 bedroom 1 bathroom apartment with wrap balcony 124 sq m / 1334.7sq ft

3 bedroom 2 bathroom penthouse suite with roof

terrace & jacuzzi 409.7 sq m / 4410 sq ft

VillasBali Villa 2 bedroom 2 bathroom with sun deck & jacuzzi 137.5 sq m / 1480 sq ft

Bali Villa 3 bedroom 3 bathroom with sun deck & jacuzzi 137.5 sq m / 1480 sq ft

Bali Villa 3 bedroom 3 bathroom with sun deck & jacuzzi 165 sq m / 1776 sq ft

Bali Villa 4 bedroom 4 bathroom with sun deck & jacuzzi 165 sq m / 1776 sq ft

Two Rivers Beach Resort – Properties Available

Villas contPenang villa 3 bedroom 3 bathroom with sun deck & jacuzzi 235 sq m / 2530 sq ft

Penang villa 4 bedroom 4 bathroom with sun deck & jacuzzi 285 sq m / 3068 sq ft

Thai villa 4 bedroom 4 bathroom with sundeck, jacuzzi & pool 350 sq m /3767 sq ft

Thai villa 5 bedroom 5 bathroom with sundeck, jacuzzi & pool 400 sq m / 4306 sq ft

Thai villa 6 bedroom 6 bathroom with sundeck, jacuzzi & pool 450 sq m / 4844 sq ft

The Island Sanctuary1 bedroom 1 bathroom spa villa with private grounds & infinity pool 325 sq m / 3500 sq ft

2 bedroom 2 bathroom spa villa with private grounds & infinity pool 464.5 sq m / 5000 sq ft

Las Canas Beach Resort

Las Canas will be a luxury 5 Star resort situated on the Dominican Republic’s north coast along a white sand beach bordered by lush, tropical forest of coconut palms, mahogany, cedar, wild olive and muskwood trees. Thatched water bungalows will be positioned just offshore and beautiful villas will lie along the riverside and beachfront enjoying the stunning panoramas offered by this idyllic location. The golf course will be interspersed with villas affording vistas over the greens and fairways to the magnificent landscape beyond.

Built to the highest specification the resort will offer world class facilities including a signature golf course, The Island Sanctuary Spa and sports academy.

Las Canas Beach Resort – Properties Available

Studios & ApartmentsStudio with balcony 45 sq m / 484 sq ft

Studio Suite with balcony 63.9 sq m / 687.8 sq ft

1 bedroom 1 bathroom apartment with balcony 76.8 sq m / 826.7 sq ft

2 bedroom 1 bathroom apartment with balcony 105.8 sq m / 1138.8 sq ft

2 bedroom 1 bathroom apartment with wrap balcony 124 sq m / 1334.7sq ft

3 bedroom 2 bathroom penthouse suite with roof

terrace & jacuzzi 409.7 sq m / 4410 sq ft

Cabanas & Plantation HouseCabana 1 bedroom 1 bathroom with sun deck & pool 79 sq m / 850 sq ft

Cabana superior 1 bedroom 1 bathroom with sun deck & pool 83.6 sq m /

Cabana 2 bedroom 2 bathroom with sun deck & pool 129 sq m / 1388 sq ft

Plantation house 2 bedroom 2 bathroom with sun deck & pool 155.3 sq m / 1672 sq ft

Plantation house 3 bedroom 3 bathroom with sun deck & pool 191.2 sq m

Plantation house 4 bedroom 4 bathroom with sun deck & pool 227.4 sq m

Las Canas Beach Resort – Properties Available

VillasBali Villa 2 bedroom 2 bathroom with sun deck & jacuzzi 137.5 sq m / 1480 sq ft

Bali Villa 3 bedroom 3 bathroom with sun deck & jacuzzi 137.5 sq m / 1480 sq ft

Bali Villa 3 bedroom 3 bathroom with sun deck & jacuzzi 165 sq m / 1776 sq ft

Bali Garden Villa 4 bedroom 4 bathroom with sun deck & jacuzzi 165 sq m / 1776 sq ft

Penang villa 3 bedroom 3 bathroom with sun deck & jacuzzi 235 sq m / 2530 sq ft

Penang villa 4 bedroom 4 bathroom with sun deck & jacuzzi 285 sq m / 3068 sq ft

Water Bungalow1 bedroom 1 bathroom with sun deck & plunge pool 139.4 sq m / 1500 sq ft

River Bungalow1 bedroom 1 bathroom with sun deck & plunge pool 139.4 sq m / 1500 sq ft

2 bedroom 2 bathroom with sun deck & plunge pool 167.2 sq m / 1800 sq ft

The Island Sanctuary 1 bedroom 1 bathroom spa villa with private grounds & infinity pool 325 sq m / 3500 sq ft

2 bedroom 2 bathroom spa villa with private grounds & infinity pool 464.5 sq m / 5000 sq ft

St Lucia – Key Facts

Population 170,650

Capital Castries

Area 616 sq km / 238 sq mi; 43 km / 27 mi long 23 km / 14 mi wide

Geography A volcanic island with 158 km of coastline, dominated by high peaks and rain forests. The highest peak is Mount Gimie – 958m. Famous for the twin peaks on the southwestern coast - Gros Piton and Petit Piton. The island is divided into 11 quarters - Anse la Raye, Canaries, Castries, Choiseul, Dennery, Forest, Gros Islet, Laborie, Micoud, Soufriere, Vieux Fort. The island has 5 administrative parishes – Charlotte, St Andrew, St David, St George, St Patrick

Time zone GMT -4

Language Official language is English; the local dialect is French Patois

Currency Eastern Caribbean dollar EC$ (fixed to the US$); US$ are widely accepted

Airport Local airport George F.L. Charles Airport in Castries Hewanorra International Airport located on the southern tip of the island

Flight times 8 hours 45 minutes from London - BA and Virgin fly from Gatwick; Virgin fly from Manchester; 4 hours from New York - American Airlines

St Lucia – Key Facts

Climate Tropical climate with little seasonal temperature variation - average temperature 27°c; average daily sunshine 8 - 9 hours; seasonal rainfall - June to December

Location St Lucia is the second largest of the Windward Islands and part of the Lesser Antilles, with the Caribbean Sea on the west coast and the Atlantic Ocean on the east coast

Government St Lucia is an ex-British colony and has been an independent state in the Commonwealth since February 1979; Governor General - Pearlette Louisy; Prime Minister - Stephenson King

Economy In 2005 GDP grew by 5.1%. Tourism and banana production are the main sources of income for St Lucia; the tourist industry is the biggest employer. The World Bank has recently placed St Lucia in the top 30 countries in the world to invest making St Lucia the only Caricom country to make the top 30

Tourism St Lucia is considered to be the most romantic destination in the Caribbean and attracts a large number of visitors each year. In 2005 tourist visitors totalled over 700,000 mainly from the US and UK and tourism accounted for more than 48% of St Lucia’s GDP. High season – mid Dec to mid April

St Lucia – An Excellent Investment Opportunity

St Lucia is an increasingly popular holiday destination that is also one of the most accessible. In 2007 hotel occupancy was 69.7% meaning that there is excellent rental potential for properties. The total number of visitors increased by 19.4% between 2002 and 2007. In the period January to June 2008 stopover arrivals were up by 9.1%, with visitors predominantly from the USA (40%) and Europe (32.3%) and Canada (10.2%). Visitors from Canada were up by 46.9% year on year. In 2007 the total expenditure by visitors was $808.3 million.

The St. Lucian Government sees expansion of tourism as a key objective and has allocated an extra 148% funding to the tourism industry between 2004 and 2008, with an average increase of 27.7% per year. The allocation for the tourism sector in 2008/9 was $53.6 million. St Lucia has been granted 'Approved Travel Destination Status' (ADS) by the Chinese Government and is currently developing strategic alliances with airlines and travel agents to bring. Chinese tourists to the island.

Several new signature golf courses are being constructed which will make St Lucia a major golf destination and boost tourism. From 2009 Virgin Atlantic will increase its non-stop flights from the UK to a daily service.

The real estate sector in St Lucia is booming, in 2007 it grew by 7.6%. Property prices are still more reasonable than on other islands in the Caribbean and are 40-50% lower than on Barbados. They have increased by around 40% per annum for the last 2 years, and are projected to continue to rise for the next 5 years. Land prices on the northern tip have doubled over the last three years and are expected to double again in the next two years.

As a volcanic island there is limited land suitable to build on so it will never be overdeveloped and will not have an oversupply of stock. The long term effect of this is that property prices will hold their value.

The World Bank has recently placed St Lucia in the top 30 countries in the world to invest, making St Lucia the only Caribbean country to make the top 30, ahead of Barbados and Antigua. The property market is expanding with investors coming from Germany, America and Canada.

The Marquis Estate

The Marquis Estate is situated on the stunning northeast coast of St Lucia just 25 minutes from the George F.L. Charles Airport in Castries. Originally the site of an 18th century sugar mill and more recently a banana plantation the estate occupies a breathtaking 500 acre site in a wide lush, tropical valley that sweeps down to one of the most beautiful beaches in St Lucia, the Marquis Bay.

The Marquis Estate is destined to be the finest luxury resort in the Caribbean and will include a Gary Player Signature Golf Course, a marina, world class spa, equestrian centre and water park.

Marquis Estate - Properties Available

Cabanas & VillasMarquis Villa semi detached 1 bedroom 1 bathroom with sun deck & poolMarquis Villa semi detached 2 bedroom 2 bathroom with sun deck & pool Marquis Villa detached 2 bedroom 2 bathroom with sun deck & pool Marquis Villa detached 3 bedroom 3 bathroom with sun deck & pool Marquis Villa detached 4 bedroom 4 bathroom with sun deck & pool

Studios & ApartmentsHotel Suite with balcony1 bedroom 1 bathroom apartment with balcony2 bedroom 1 bathroom apartment with balcony2 bedroom 1 bathroom apartment with wrap balcony

Example of 100% Finance

1st floor Studio Apartment at Las Canas Beach Resort - Completion 2012

Purchase Price £100,000

Day 1 Reservation fee = £ 1,000

Day 45 30% deposit = £29,000

Stage Payments 25% on completion of the foundations = £25,000

25% on completion of the shell = £25,000

15% on completion of the finished works = £15,000

Final Payment 5% on legal completion = £ 5,000

Example of 100% Finance

Funding the 30% deposit

The investor raises a loan to pay the 30% deposit and Harlequin will pay the monthly loan repayments until completion

e.g. an interest-only loan with an interest rate of 6% for 36 months.

Loan repayments approx £150 per month @ 6% = £150 x 36 months = £5,400

This amount will be added to the final account at completion.

Example of 100% Finance

Funding the stage payments

Harlequin will pay the stage payments until completion.

The investor will be charged interest @ 8.75% = approx £5,000

This amount will be added to the final account at completion.

Final account at completion:

purchase price + loan repayments + stage payment interest

£100,000 + £5,400 + £5,000

= £110,400

The original purchase price of the property is 40-50% below market value so market value at completion = £170,000

The investor is provided with a mortgage for 70% of the market value at completion = £119,000

The mortgage will more than cover the final account at completion.

Example of 100% Finance

Example of Rental Income

1st floor Studio Apartment at Las Canas Beach Resort - Completion 2012Purchase price = £100,000

Year 1 10% rental guarantee = £10,000Year 2 10% rental guarantee = £10,000

Year 3 + 50% net room rate share

Based on 85% occupancy at room rate of £225 per nightMinus maintenance =

£100

310 nights (85%) x £100 =£31,000 p.a.

Approx yield =31%

Net rental profit after mortgage approx =£21,000 p.a.

Invest in your future

Invest in a piece of paradise