MARGARITA ISLAND FACTS SUMMARY

ECONOMICS

One of fastest growing economy in the world & biggest oil producer in the world

Average 10% of GDP growth per annum since 2002/2003:

Stock market increase 140% in 2006

Excess demand for housing due to:

Petrol $ + undersupply 1 million properties+ population growth +migration

Increase property prices also due to:

Increase in money supply from record oil revenues

EMERGING MARKET

Flights from

Heathrow Manchester, Birmingham: 4 times per week (Condor)

Gatwick and Manchester: weekly and fortnightly (First Choice)

Booming Tourist Market

Tourists:                                  2005 1.5 mill, 2006 2.3 mill, 2007 2.6 mill

Foreign tourists mainly:          German, Canadian, British and Dutch

Hotel occupancy                     Average 65% but best hotels sold out

Cost of Living                         Very Low

Weather                                   Year round summer + no rainy season

Activities & Excursions          Surfing, Sailing, Casinos, Golf, Scuba Diving

Beautiful beaches

Outside hurricane belt

Booming Rental market:

20% rental returns average p.a.

Guarantees by bank of 8% for up to 10 years with personal use

Affordable property             Compared to competitors and other Caribbean countries

Capital appreciation

Average 32%

2006-2007 up o 100% in 11 months for off plan in up and coming areas

Increase & improvement in infrastructure

GUARANTEES AND FINANCE

Security of Purchase:

Private property is protected by the Constitution

Foreign Investors have same rights as citizens

Escrow account in Margarita

Insurance guaranteeing development costs

10 year build warranty

European/International Company

UK Lawyers due diligence + UK escrow accounts

Financial perks

Offshore companies allowed to purchase

Costs equate to approximately 2.5% of purchase price

Duty free with virtually no property taxes

Equity Release

Possible 20% referred payment?

Future mortgages?

BEST VALUE FOR MONEY ON PROPERTY MARKET

Check the rest of the Caribbean!

TAKE HOME MESSAGE

1. Booming Economy with long term potential

Capital Appreciation 32% +

2. Booming Tourist Industry

Rental Guarantees by bank of 8% for up to 15 years

3. Direct Flights

4. Outside hurricane Belt

5. Virtually No taxes

6. Secure Purchases