The document outlines a proposed residential real estate development project on 54 acres of waterfront property in Langesund, Norway that includes renovating an existing historic hotel building and surrounding cottages, as well as developing new apartment buildings. It provides details on the strong Norwegian real estate market, attractions in the Langesund area, and projections that the majority of new units could be under contract prior to construction beginning. The developer is seeking investors or partners to help finance renovations and new construction planned for the project.