2nd PROJECT FOR MAY

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DINEROS

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Posted - 05/13/2008 : 07:02:26 AM

PLAYAS MACAO, PUNTA CANA, DOMINICAN REPUBLIC

Playas Macao is intimate luxuries - calm waters, idyllic beaches and a fine attention to detail. It is a reverence for nature, where the beauty of a quiet sunrise still reigns. It is a lifestyle so serene that simple pleasures are rediscovered, and yet so cosmopolitan that modern whims are fulfilled within steps. It is understated elegance - polished contemporary design that is never trendy.
Offering all of the privileges and amenities of an exclusive getaway, Playas Macao is a boutique, beachfront master-planned community housing an intimate collection of villas, condominiums and hotel. All set within a self-contained luxury resort destination in captivating Punta Cana, Dominican Republic.
Set along the mythical eastern shores of the Dominican Republic, Playas Macao-Punta Cana is a boutique beachfront community. An intimate collection of chic luxury residences including 44 villas, a boutique hotel with 32 bungalow-style rooms and 298 condominiums emerging from a dramatic tropical landscape.
From a picturesque natural setting of protected mangroves, tropical forest and unspoiled beaches, a celebration of water, flowing from natural inspiration and incorporated throughout the enclave, springs at every turn. Simple, yet distinctive architecture is embraced by its environment with seamless transitions from indoors to out and back again. Natural materials extend from open living rooms to outdoor decks that disappear into placid private lagoons.
Playas Macao - Punta Cana is culinary creations at oceanside restaurants, renewal at our signature European spa, on-call concierge service, private beach clubs for day and night, horseback riding on the beach, tennis, world-class golf and a bounty of services and diversions ranging from relaxation to revelry in this secluded and private hideaway.
The area around Playas Macao has the highest concentration of five star hotels in the entire Caribbean.
The Playas Macao Resort which ends on Macao Beach, 200 meters from the Roko Ki resort and the Roko Ki Marina (one of the biggest development successes in the Caribbean). Macao Beach is one of the highest rated beaches in the Dominican Republic known for its light sand, light blue water and calm surf. The one word that summarizes the Playas Macao resort is “sanctuary”. Playas Macao will provide a natural yet luxurious experience in a quiet, secluded setting without compromise.

The team:

North Star Macao International, LTD develops premier commercial, residential and resort destination properties world-wide. Its principals are recognized for their experience, vision and ability to recognize emerging luxury resort destinations in exotic locales from St. Kitts in the Caribbean to Jijel on Algeria’s Mediterranean coast.

Headquartered in Paris, Inter Faces is led by a team of talented and experienced professionals supporting a diverse portfolio ranging from residential and commercial design to master plans for complete urban commercial districts and large-scale resort destinations. Driven by a philosophy of openness, the firm has fused its urbanistic and architectural visions to create environments that thoughtfully and seamlessly integrate the culture and climate of a place, thereby resulting in truly genuine landscapes that reflect their histories in sophisticated and contemporary style. From the design of Chanel’s flagship store in Paris to master planning the Dominican Republic’s largest luxury resort, Cap Cana, Inter Faces’ expertise, creativity and cache of technical specialists ensure each project’s unsurpassed quality, as well as its inherently unique and dynamic design.

Douglas Elliman Florida is a full service real estate brokerage firm noted for exclusive Luxury, Residential, Commercial, International, and leasing as well as new development marketing. Since it’s founding in 1911, the name Douglas Elliman has been synonymous with the most exacting standards of excellence in the real estate industry. With unparalleled reach in South Florida, as well as an association with 3000 New York-based agents, Douglas Elliman Florida’s primary focus is to exceed your expectations of service, performance and results.

BodenPR is a boutique PR and brand communications firm based in Miami, FL. With clients such as Alayo Architects, Douglas Elliman Florida, The Citadel Group and Starwood Hotels & Resorts, BodenPR is one of the country’s leading travel and real estate PR firms. For more information please visit www.bodenpr.com.

Resort Leisure Facilities & Amenities:
• Two full service restaurants offering casual dining and haute cuisine
• A 15,000 sqf / 1,394 sqm world-class European spa & health club offering healing
sensual therapies, relaxation and fitness.
• A 5000 sqf / 465 sqm ocean-front night beach club for dining, dancing, fun and frolic
• A 5,000 sqf / 465 sqm day beach club
• Six common area pools
• Café
• Four tennis courts
• Macao Beach Recreational Area
• Horse back riding at Plaza Macao Equestrian Center
• Golf
• Scuba diving
• Off-shore fishing
• Hiking
• Day Excursion
• Business Center
• Broadband wi-fi throughout the resort
• Satellite television
• In-room Skype phones
• On-call concierge service
• Children entertainment area
• Movie theater
• Airport transportation in a luxury vehicle
• ATV excursions.

The entire area to be developed consists of 82.33 acres. The recent appraisal proofed a value of US $14,500,000 (please consider high collateral for loan amount of only $12,000,000). The land is owned free and clear.
Land will be used as collaterol.
Further financial data:
---Loan amount US $12,000,000
---Investment into project so far US $2,000,000
---US $7,000,000 in purchase deposits have been collected.
---90% of phase one has been sold so far (deposits collected and fully executed
contract)
---US $600,000 in reserves with founders of project.
---Loan term: 3 years

All permits are in place and site work has commenced.

Based on the very low square foot selling average of US $320.00, the total revenues for residential sales are US $120,000,000.
The total estimated project expenses are US $70,111,000.

The net profit will be US $50,000,000.

Thank you very kindly for your interest.
Please feel free to contact me anytime:

Joerg Pohlig
EQUITYFINANCEINTERNATIONAL@YAHOO.COM
TEL.: 809 432-0292