The document summarizes renovations and upgrades made to a resort property over several years. It started as a small block of flats in the early 1980s and expanded to 94 rooms. Major refurbishment programs updated apartments, public areas, food and beverage outlets, spa and leisure facilities, and the dive center. More recent renovations included upgrading the top floor apartments and lobby area, as well as renovating selected units. Plans are outlined to improve the air conditioning system and undertake shaft work. The resort also offers members lease extension and unit upgrade options as the original club's lease is set to expire in 2016.

3. - Started with a small
block of flats back in
the early 1980’s
- Expanded over the
years to reach a total
room count of 94.

4. - Numerous
refurbishment
programmes took
place over the
years
- Refurbishment:
- Apartments
- Public Areas
- Food &
Beverage
Outlets
- Spa & Leisure
Facilities
- Dive Centre

5. - Enhanced Spa
& Leisure Centre
- Dive Centre
- Modernised
Food & Beverage
Outlets
-Better
Conference
&
Meeting facilities

7. - Top floor. Apartments 007 to 010 completely stripped and redone from
the ground up
- Lobby area. Introduced new facilities including a lobby bar (work in
progress)
- Public area corridor tiling
IN SELECTED UNITS:
-Retiled bathrooms and installed new baths and units
-Replaced vanity units, sinks and baths
-Replaced mirrors and burnt kitchen tops
-Changed TV Sets
-Connection to main hot water system

10. Main targets for Winter 2012/13:
- To improve the air conditioning system effectiveness and
efficiency through the installation of new pipe work
- To undertake extraordinary works in shafts.
- Installation of energy saving devices so as contain resort
running cost expenditure

12. - Original Club’s lease expiry is 2016
- For a very limited time, and subject to certain terms and
conditions, to existing members we are offering 3 different
schemes:
 Standard extension - Lease extended by 5 years
 Upgraded to Superior apartment [up to 5 years]
 Upgraded 5 year extension + immediate update to Superior
Apartment

13. Example for members owning until 2016/7
[excluding legal & admin fees of GBP 350]
Studio 1-Bedroom 2-Bedroom
Blue Time Blue Time Blue Time
Extend lease by 5 years GBP 200 GBP 300 GBP 450
[floating time]
Upgrade to superior GBP 450 GBP 650 N/A
apartments [fixed time]
Extend lease by 5 years GBP 900 GBP 1100 N/A
+
Upgrade to superior
apartments [fixed time]

15. Q&A