Village Town Center Davenport Florida Condos Investment Prospectus (Property Frontiers)

The Village at Town Center Orlando, USA From $54,900 Investment Prospectus Property frontiers

The Village at Town Center It has been an exhaustive search to find a property of this quality in Orlando that allows the flexibility of long term rentals as well as vacation use. The Village at Town Center has enabled us to bring an exciting lifestyle opportunity with sound investment fundamentals in an area which we consider to offer the best value real estate in the world at the moment. Property Frontiers has exclusive access to this product at incredibly discounted prices, with 1 bedroom condominiums available from $54,900, these units are around 70% below their peak values and 50% below their replacement build Christopher Chadd costs. Project Manager The unique feature of The Village at Town Center is the flexibility of the investment. Clients looking to invest can use their purchase for buy-to-let purposes with current Net Yields of 7 - 10% currently being achieved from existing tenants on long term leases. For those looking to take advantage of the lucrative short term and vacation market, a very conservative rental rate and occupancy would deliver net yields of 12%. Finally, for those that are looking for that second home in the sun and want to be close to all that Orlando has to offer The Village at Town Center is literally on the doorstep of the epicentre of the global tourism market. Recently refurbished, it is presented in immaculate condition with a full compliment of amenities including swimming pool, club house, state of the art health and fitness centre, volleyball, basketball and tennis courts. Florida is undoubtedly offering the best value real estate investments in the world. This may seem like an outrageously bold statement, but in order to support it all you need to do is look at what is currently being sold across the global market: Carlisle, UK - 2 bedroom apartment - $160,000 Tirana, Albania – 2 bedroom apartment - $125,500 Belgrade, Serbia – 2 bedroom apartment - $169,000 Orlando, Florida – 2 bedroom apartment - $67,000 Value is not merely a question of what a property costs, it is an assessment based upon what a property is worth. The multifaceted nature of the Florida economy and the global appeal for tourism anchor Florida as a highly valuable place to own property. There has never been a better time to invest in property in Florida as current values are 50% of replacement cost offering once in a lifetime value. There is movement in America to open up finance for condominiums again which would undoubtedly result in a spike in values so we urge you to get involved now and reap the rewards. Christopher Chadd Project Manager

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com A unique investment in Orlando…. The Village at Town Centre is a luxury condominium community located just minutes from Orlando’s World famous attractions and featuring a wide range of resort facilities. The Village at Town Centre is zoned for both long term and vacation rentals which therefore offers a unique range of investment strategies; To discuss this limited investment opportunity with one of our consultants please contact us on now +44 (0) 1865 202 700 Page 3 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Exceptional value and growth potential...! The crash in US property has created some exceptional investment opportunities. We believe The Village at Town Center is one of the best available. There is now substantial evidence that property prices in Orlando have bottomed out and that a return to realistic value is literally in the short to medium term. Currently prices are 50% below replacement cost and 70% below peak value. Assuming a return to near 2006 prices Value: $225,530 Profit $157,630 Assuming a recovery to build cost. Value: $140,797 Profit $72,897 Assuming a recovery at a rate which would reach build cost over eight years.. Value: $99,412 Profit $31,512 Purchase Price $67,800 The Evidence... Reducing Supply Increasing Demand Prices Rising Compared to last year, the Over the last 6 months sales activity The median price of all existing homes December inventory level is 30.97% has doubled compared with the same combined sold in December increased lower than it was in December 2008. period in 2008, 1.63 percent to $125,000 from the $123,000 recorded in November 2009. A lack of new build activity over the past Pending sales finished out 2009 a 2 years means that available housing whopping 150.02% above 2008. Brokers forecast sustantial price rises stock in the Orlando area is rapidly througout 2010 with prices approaching running out. The sales of condos in the Orlando replacement costs within the short to area increased by 163.87 percent in medium term. December when compared to December of last year. Page 4 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Buy-to-let The Village at Town Center represents a fantastic buy to let investment. With tenants already in place you can look forward to an absolutely turn key and hassle free, fully managed investment. With current occupany running at 91%, you can be safe in the knowledge that going forward your property is likely to continue providing you with fantastic returns on your investment. Looking at a number of key factors, a condominium in VTC makes perfect sense. The Evidence Economic Growth in Orlando is on the up. • This abundance of theme parks and resorts continues to make Orlando a ever popular tourist Lot of jobs and employment destination. Over $30 billion is spent by visitors opportunities. each year. Tourism accounts for nearly 414,000 jobs in the tri-county area (31% of total employment in The Village at Town Center is in an the Orlando three-Country Area). excellent location which appeals to both holiday makers and local workers. • According to the U.S. Commerce Department, GDP growth for Q3 2009 was 3.5%. The quality of facilities makes for an exceptional quality of life, which is highly appealing to young professionals in • Constantly ranked amongst one of the best markets Orlando. in the US for business and job growth Orlando is a melting pot of creative talent and innovation. As a result The Village at Town Center is one of the easiest to let communities in • Two thirds of Metro Orlando’s workforce are under Orlando. the age of 44, and nearly a third has obtained a college degree. This young, diverse and educated workforce It is currently 91% occupied. creates a labour pool that is highly adaptable. Tenants are already in place with many • With one of the most diverse and varied real holding 1 years agreements left on their estate markets in the US, Orlando remains a big contracts. pull for companies growing or looking to relocate. This is coupled with a high-tech infrastructure and a burgeoning $13.4 billion tech industry that employs close to 53,000 people. “7 % - 10% Net Yields • Orlando is home to the University of Central Florida, which with over 50,000 students remains are currently being the 3rd largest university in the United States. achieved from existing • With over 4,000 square miles, Metro Orlando offers a wide variety of lifestyle options, a climate tenants on long term that boasts year round sunshine and close proximity to beaches, parks, lakes, outdoor recreation and leases.” world-class shopping amenities. Page 5 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Vacation Rentals Enjoy this stunning property for part of the year and rent to holiday makers for the reminder in order to get the best of both worlds. Outstanding Resort Facilities Private Gated Entrance Lushly Landscaped Grounds and Walking Areas Spectacular Clubhouse Fully-equipped Executive Business Centre Private Conference Room The Evidence Car Care Centre • Orlando is the epicentre of the global tourism Floodlit Tennis Court market. Located in the heart of the Sunshine State Sand Volleyball Court of Florida, the area saw an estimated 18.5 million Basketball Court people visit during the third quarter of 2009. The Playground area is home to some of the top tourist attractions Swimming Pool in the world including Universal Studios, Seaworld, State-of-the-art Health and Fitness Aquatica, Discovery Cove and of course Walt Disney Centre World. The Greater Orlando area is full of attractions for • This abundance of theme parks and resorts all ages. Famed worldwide, as the land of Mickey continues to make Orlando a ever popular tourist Mouse, multifaceted Orlando thrives with dozens of destination. powerhouse attractions a short drive away from the Village At Town Center. • In 2008 Metro Orlando received over 48 million visitors, with 45.5 million of these arriving Walt Disney World Resort domestically. SeaWorld Adventure Park Universal Studios Theme Park • Greater Orlando Aviation Authority figures show Kennedy Space Centre that passenger traffic is approaching pre recession International Drive levels. 150 Golf Courses - • Metro Orlando Occupancy for 2009 remained high at over 60%, whilst the average daily rate is $93.50. At a very conservative • Total International Visitor Forecast for 2010 is set to be 3.1 million people up 1.1% on last year, according occupancy and rental rates to IHS Global Insight. The Village at Town Center • With nearly 50 million visitors a year, Orlando has is forecast to deliver 12% one of the most advanced and well connected infrastructure systems in the world. Home plus net yields. to 3 international airports including Orlando International Airport the fourth largest origin and destination airport in the US. Page 6 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Village at Town Center Condominiums Amenities Spacious, open floor plans Private Gated Entrance Dual master suites for the utmost in privacy Lushly Landscaped Grounds and Walking Areas Separate breakfast area in most floor plans Spectacular Clubhouse Soaring nine-foot ceilings Fully-equipped Executive Business Centre Stunning oversized windows Private Conference Room Spacious closets including walk-in and linen Car Care Centre closets Floodlit Tennis Court Full-size washer and dryer in all units Sand Volleyball Court Spacious decks and private balconies Basketball Court Designer kitchens with pass-through bar Playground including frost-free refrigerator with icemaker, Swimming Pool self-cleaning range, dishwasher, disposal and State-of-the-art Health and Fitness Centre microwave Fire protection system Utility room with extra storage space High speed internet available Separate formal dining area with window Storage units in select units Garages Available Page 7 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com An Outstanding Community Page 8 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Location Village at Town Center is located at: 200 Village Blvd., Davenport, Fl 33896 - The Greater Orlando area is full of attractions for all ages. Famed worldwide, as the land of Mickey Mouse, multifaceted Orlando thrives with dozens of powerhouse attractions a short drive away from the Village At Town Center. Walt Disney World Resort Epcot Centre Magic Kingdom Park Disney’s Animal Kingdom Theme Park Disney’s Wide World of Sports Complex Champions Gate SeaWorld Adventure Park Universal Studios Theme Park Disney-MGM Studios Kennedy Space Centre Reunion 150 Golf Courses Page 9 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Attractions VTC is located within or near some of the world’s greatest and most popular entertainment spots, such as: SEAWORLD ORLANDO In 2007, SeaWorld Orlando hosted approximately 5.8 million guests, ranking it the seventh-most visited amusement park in the United States. The Busch Entertainment Corporation is the family entertainment division of the Anheuser-Busch Companies. They own Sea World, Discovery Cove DOWNTOWN DISNEY Downtown Disney is an outdoor shopping, dining, and Orlando’s newest water park, Aquatica. The and entertainment complex located at the Walt subsidiary relocated its headquarters from St. Louis, Disney World Resort in Lake Buena Vista, Florida. Missouri to Orlando, Florida in January of 2008. Downtown Disney is open to the public and requires Aquatica is a brand new water park located near VTC. no admission fee, offers entirely free parking and The park, which opened to guests on March 1, 2008, transportation to all Disney resorts. The large is a companion to SeaWorld Orlando and is located outdoor complex is divided into three areas; notable across International Drive from the main theme tenants include Cirque du Soleil La Nouba, which is park. in permanent residence in a specially-made arena at Downtown Disney’s West Side. Other entertainment venues consist of Disney Quest Indoor Interactive WALT DISNEY WORLD RESORT Theme Park, the House of Blues, Planet Hollywood, Walt Disney World Resort is the most visited and Virgin Megastore, the Lego Imagination Centre, World largest recreational resort in the world, containing of Disney, AMC Pleasure Island 24, and Rainforest four theme parks, two water parks, twenty three Cafe. themed hotels, and numerous shopping, dining, entertainment and recreation venues. Owned and operated by the Walt Disney Parks and Resorts segment of The Walt Disney Company, it is located UNIVERSAL ORLANDO RESORT Universal Orlando consists of two theme parks approximately two miles from VTC. (Universal Studios Florida and Universal’s Islands of Adventure), Universal City Walk (a night-time entertainment destination), and three Loews Hotels. This is where the new “Wizarding World of Harry Potter” is based UNIVERSAL CITYWALK Universal CityWalk includes the 20 screen AMC Universal Cineplex, numerous restaurants, shops, and clubs. It is also home to Margaritaville, NBA City Cafe, Nascar Cafe, Hard Rock and Hard Rock Live, and Emerill’s. The clubs at CityWalk include Latin Quarter, The Groove, Pat O’Brien’s, Rising Star, Bob Marley’s, Red Coconut, and Cigarz. Page 10 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Shopping ORLANDO PREMIUM OUTLETS Orlando Premium Outlets is just a few miles from the property, and undergoing substantial expansion. The expanded Orlando Premium Outlets Mall will be a factory outlet retail centre with a total of 880,000 square feet of floor area, on a total of 65.2 acres, consisting of three phases. Phase 1 is the existing 480,000 square foot centre. Phase 2 was completed in November 2008, and added 120,000 square feet to the existing development. Phase 3 will consist of an additional 280,000 square feet and is projected to be completed by 2011. The total projected development is approximately 880,000 square feet. This outlet centre offers shoppers the atmosphere of a beautiful outdoor shopping mall filled with landscaping and natural lighting. Billed as Orlando’s only upscale outlet, it is by far the best choice for a great shopping experience in Orlando. It has 110 tenants including Disney and Universal outlets, Coach, Donna Karan, Kenneth Cole, Nike, Polo Ralph Lauren Factory Store, Timberland, and Tommy Hilfiger, Fendi, and Hugo Boss. Set just between S.R. in the Southeast, featuring 175 name brands and 535 and I-Drive, it’s an easy drive from VTC. designer clothing under one roof. Shoppers can find incredible savings from Neiman Marcus LAST CALL and Saks Fifth Avenue Off 5th,Nike Factory Store and LAKE BUENA VISTA FACTORY STORES Victoria’s Secret Outlet and the newly opened phase Within minutes of VTC is Lake Buena Vista Factory ushered in nearly 70 new brands in Spring 2008. Stores - an Orlando outlet shopping experience offering factory direct, premium quality merchandise at savings of up to 75% daily. Designer & Name REGENCY VILLAGE SHOPPING CENTRE Brands: Aeropostale, Bass, Carter’s, Character Outlet featuring Disney merchandise for less; Converse The 191,080-square-foot Regency Village Shopping Shoes, Dressbarn, Eddie Bauer Outlet, Fossil, Gap Centre, located at International Drive and Vineland Outlet, Haggar, Hard Rock Cafe Outlet Store, Izod, Road, is convenient to VTC. Anchored by a KB Toy Outlet, Liz Claiborne Outlet, Nike Factory 54,000-square-foot Publix, 137,080 square feet of Store, Nine West Outlet, Old Navy, OshKosh, Reebok, space is occupied by multiple retail and commercial Samsonite, Tommy Hilfiger, VanHeusen, Wilsons tenants, including Outback Steakhouse, Ruby Leather Outlet and many more. Lake Buena Vista Tuesday, McDonalds, Walgreens, Landry’s Seafood Factory Stores offer shoppers a quiet and relaxed House and Lone Star Steakhouse. village setting with convenient store front parking, Centre Food Court, Internet Café and the World of Coffee for specialty coffees, desserts and a wide selection of favourite food items. PRIME OUTLET Prime Outlet is the largest outlet shopping destination Page 11 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Investment Example Excellent Location Great Facilities Spacious Apartments Incredibly Low Price Excellent Yields Personal Use Worked Investment Example Yorkshire - 2 Bedroom Condominium - 2 Bed 996 Total Sq.Ft Price $67,900 Rent $10,200 Net Yield Year 1 12% Net Term Yield 8.4% Capital Value at a rate of recovery to build cost over 8 Years $99,412 ROI (5 Years) 55% Capital Value at a rate of recovery to build cost over 5 Years $140,797 ROI (5 Years) 65% Capital Value to near 2006 prices. $225,530 ROI (5 Years) 240% To reserve your first choice of these unique apartments please contact us on now +44 (0) 1865 202 700 Page 12 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Property Frontiers Service Property Frontiers’ aim is to push forward the Market Research boundaries of international property investment to Each potential global investment market has encompass the markets and developments that offer undergone careful analysis by our in-house research the highest investment potential. department. After extensive research into the economic performance and growth prospects of Our promise to you is that from Mongolia to the country, our specialist sourcing teams select the Honduras, from city centres to luxury beach resorts, best developments available and create a detailed the investment properties we source offer some of Investment Prospectus presenting you with the the highest capital appreciation and rental yields key facts, and an honest opinion of the investment available. opportunity. We assess hundreds of investment projects Investment Advice across the globe each month. Vigorous analysis Our investment advisors can then help you through is conducted on each development to determine the numerous options available. Your consultant how potentially profitable it is, before detailed due will help you assess the best investment market diligence is conducted on the legality and security of and property for you, then guide you through the the investment. buying process. We’re with you every step of the way, from choosing which unit to buy, through to the We believe Property Frontiers is unique in this level reservation and purchase processes, and mortgage of research and diligence and we pride ourselves in options, via Frontiers Financial Services. the service offered to our clients. We believe that Property Frontiers are unique in After Sales the level of research, diligence and service we offer We also ensure you establish ongoing relationships our investors. Below is a snap-shot of the support with the developer, your legal representatives, you will receive when purchasing through Property and letting management firms linked to the Frontiers: development. Ray Withers and David Cox Property Frontiers’ Directors Page 13 Property frontiers

Property Frontiers +44 (0) 1865 202700 info@propertyfrontiers.com Small Print Important Information The information in this document (including but not limited to, photographs, illustrations, plans, dimensions, descriptions, tables, projections and prices) are for guidance only. While every effort has been made to offer current and accurate information, errors can occur. Property Frontiers makes no warranties or representations as to the accuracy, correctness, reliability or otherwise with respect to such information, and assumes no liability or responsibility for any errors or omissions in the content contained in this document. Within this document you may find links or references to third party material and third party web sites. Property Frontiers accepts no liability in respect of the contents of such material or sites. Property Frontiers should not be taken to be endorsing, publishing, permitting or authorising such materials or sites. Property Frontiers is not a party to, or responsible for, any transaction concerning goods or services available from such third party materials or web sites. Property Frontiers will revise the information; services and resources contained in this document from time to time and reserves the right to make such changes without any obligation to notify past, current or prospective visitors to this document. The content relating to the past and/or current performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income from them may go down as well as up. Prices quoted may be based on a conversion rate when the document was created and may vary. This is not a regulated investment for the purpose of the UK FSMA (2000) however as a founding member Property Frontiers Ltd adhere to and follow the Code of Conduct of the Association of International Property Professionals (AIPP). The information contained in this document should not be construed as financial, tax, legal or any other professional advice or service. You are advised to consult a financial and/or legal professional advisor from suitably regulated sources. Except where noted otherwise, all material in this document is Copyright © 2008 Property Frontiers. All rights reserved. Without the prior written consent of Property Frontiers, no permission is granted to copy, distribute, modify, post or frame any text, graphics, or logos. Page 14 Property frontiers

Village Town Center Davenport Florida Condos Investment Prospectus (Property Frontiers)

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