Crownworld - GRAND CAYMAN LITTLE CAYMAN BEACH ...buy-back option allows Crown to repurchase plots...
Transcript of Crownworld - GRAND CAYMAN LITTLE CAYMAN BEACH ...buy-back option allows Crown to repurchase plots...
PORT ANTONIOJAMAICA
LITTLE CAYMAN ESTATELITTLE CAYMAN
DOLPHIN ESTATECAYMAN BRAC
LITTLE DOLPHIN ESTATECAYMAN BRAC
LAKESIDE ESTATELITTLE CAYMAN
DUBLI GOLF & BEACH RESORT
GRAND CAYMAN
PORT ANTONIOJAMAICA
LITTLE CAYMAN ESTATELITTLE CAYMAN
DOLPHIN ESTATECAYMAN BRAC
LITTLE DOLPHIN ESTATECAYMAN BRAC
LAKESIDE ESTATELITTLE CAYMAN
PORT ANTONIOJAMAICA
LITTLE CAYMAN ESTATELITTLE CAYMAN
DOLPHIN ESTATECAYMAN BRAC
LITTLE DOLPHIN ESTATECAYMAN BRAC
LAKESIDE ESTATELITTLE CAYMAN
DUBLI GOLF & BEACH RESORT
GRAND CAYMAN
BLACK
COOL GREY 11
WHITE
Crown AcquisitionsWORLDWIDE PLC
Crown AcquisitionsWORLDWIDE PLC
Crown AcquisitionsWORLDWIDE PLC
Investment Prospectus
Turn-key Investment Opportunities
Cayman Islands
Freehold Contemporary Villa Plots for £130,000 Interest Free Payment Plan
Guaranteed Return of up to 37.50%
Clearly Defined Exit Strategy
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Introduction
Bathed in the sparkling waters of the Caribbean Sea lies a unique offshore banking haven that boasts an enviable combination of international glamour and desert island beauty. This ultra-elite island destination has an abundance of white powder beaches and the highest standard of living in the Caribbean.
Governed under British common law and famed for the absence of direct taxation, the Cayman Islands have become one of the richest and most privileged populations in the world.
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The Cayman Islands offer a realistic and durable real estate investment strategy with the following attractive attributes:
• Noincometax,noinheritancetax,nocapitalgainstaxandnotaxonnon-residency.
• 5thlargestoffshorefinancialcentreintheworld.
• Highnetworthemployeesfromfinancialinstitutions,includingUBSandMerrillLynch,providean established and wealthy end user to the housing market.
• Nolegalrestrictionstoforeignownershipofproperty.Titletopropertyisgrantedandguaranteed by the Cayman Islands Government.
• BritishTerritorywithalong-standingstablegovernmentthatoperatesunderBritishCommonLaw.
• Tourismcontributes30-40%ofGDPoutput.Theisland’svastunspoiledbeaches,worldclass diving, luxury brands, duty-free shopping and signature golf courses attract 1.8 million visitors each year.
• Strongcommitmentfromthegovernmenttopromoteandstimulatelong-terminvestmentinall sectors of the economy.
• Airportexpansionprogramme,whichwilltripleterminalcapacityandfacilitatenewairroutes betweenUSA,CanadaandEurope.
• Over55weeklyinboundflightstoGrandCaymanincluding28fromMiamianddirectflightsfrom HeathrowwithBritishAirwaysandfromTorontowithAirCanada.
• ThelaunchofanewweeklyflightfromMiamidirecttoCaymanBracisopeningupthesister islands to direct international travel.
• Medical Tourism: Cayman is positioning itself as a front runner in this emerging trend with the development of a new cardiac hospital and specialised healthcare facilities. This will bring a whole new demographic to the island.
• The Cayman Islands are in a great position to leverage the lack of real estate taxes on property owned in the Caymans. With far less fluctuation than a commodity like gold or silver, land can be purchased and held with no holding or carrying costs.
• Cuba: The probability of the United States lifting the embargo on Cuba grows larger every year. Given the age of the Castro brothers and the last of the hardliners, the next President of the United States might find him/herself lifting the trade and travel restrictions on Cuba in the next five years. Once lifted, investment and development in Cuba will explode. As capital begins to flow to this Caribbean country, there will be huge opportunity for the Cayman Islands.
0 Miles 50
Grand Cayman
Little Cayman
Cayman Brac
Florida
Cuba
Jamaica
DominicanRepublic
Haiti
Turks & Caicos
Bahamas
Miami
ATLANTIC OCEAN
CARIBBEAN SEA
Puerto Rico
Cayman Islands
Cayman Islands
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Cash Investment Summary
Site Name: Bijou Beach Resort
Plot Sales Price: £ 130,000
Payment Schedule: 5 Year INTEREST FREE Payment Plan
£ 2,000 ReservationFee
£ 18,000 Deposit
£5,500 PayableEveryQuarterover5Years,InterestFree
Deliverables: 1. Contemporary villa plot with land title granting freehold ownership
2. Siteinfrastructureincludinganasphaltroad&accesstothe
island’spowersupply
3. A full suite of architectural drawings & construction documents
foroneofourHouseInABoxvillas
Closing Costs: Stamp Duty: 7.5 % of the land value
Title Registration Fee: £ 695.00
DeveloperBuyBackOption
Investors seeking a guaranteed return on their investment have the choice to include a developer
buy-back option when purchasing a plot.
The buy-back option provides Crown with the opportunity to repurchase a plot at any time during a
5 year period.
By exercising the buy-back option, the developer agrees to purchase the land at 20% above the
purchase price. This equates to a total re-purchase value of £156,000.*
In exchange for the buy-back option the developer agrees to pay the investor a guaranteed return
each year over a 5 year period.
Guaranteed Return
5 Year Payment Plan: 7.50% Per Annum = 24.80% Over 5 Years = £ 30,000
Accrued Investment Accrued Return Annual ROI
Yr 1 £ 42,000 £ 3,150 7.50 %
Yr 2 £ 64,000 £7,950 7.50 %
Yr 3 £ 86,000 £14,400 7.50 %
Yr 4 £108,000 £22,500 7.50 %
Yr 5 £ 130,000 £ 32,250 7.50 %
Payment in Full: 7.50% Per Annum = 37.50% Over 5 Years = £ 45,000
Total Investment Annual Return Annual ROI
Yr 1 £ 130,000 £ 9,750 7.50 %
Yr 2 £ 19,500 7.50 %
Yr 3 £ 29,250 7.50 %
Yr 4 £ 39,000 7.50 %
Yr 5 £ 48,750 7.50 %
* If the buy-back option is exercised the investor will still receive the full guaranteed return with the
outstanding balance compounded into one final payment. The buy-back value is calculated as the
re-purchasevalue(£144k)minusthebalancedueonpayments,plusthecompoundedreturn.
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HouseInABox Deliverables
Freehold Contemporary Villa Plots
All plots are delivered with site infrastructure in place, including an asphalt road and access to the
island’spowersupply.Infrastructuretypicallycompleteswithin1-3yearsfromdateofpurchase.
Oncepaymenttermsarefulfilledinvestorswillreceivefulltitleontheirplotsgrantingthemfreehold
ownership.
LandtitleisprotectedandguaranteedbytheCaymanIslandsGovernmentLandRegistryDepartment.
House In A Box
A full suite of architectural drawings for each plot is delivered along with all the construction documents
required to build a dream home in the Cayman Islands.
This turn-key architectural project is chosen from three villa designs determined by the master plan of
each site.
ForfurtherinformationpleaserefertoourHouseInABoxbrochureorcontactamemberofourteam.
Duplex TownhouseType C:2x2Bedrooms-2,137sqft+2,137sqft
Split Level VillaType B:3or4Bedrooms-2,521sqft/2,854sqft
Single Level VillaType A:2or3Bedrooms-1,919sqft/2,017sqft
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Exit Strategy
With the Buy-back Option
Crown predicts that land prices will increase significantly over the next few years. The developer
buy-back option allows Crown to repurchase plots complete with infrastructure and a turn-key
architectural project at a fixed price whilst still providing a strong return for investors.
If the clause is not exercised after 5 years, the investor is free to independently sell the plot and turn-
key architecturalprojectatmarketvalue,whilstretainingtheguaranteedyieldofup to 37.50%.
Without the Buy-back Option
ThecompletionofinfrastructureandtheinclusionofHouseinaBoxsignificantlyenhancesthe
potential sales value of each plot.
The addition of a turn-key architectural project is perfect for buyers who are looking for a simple,
stress-free solution to building a property in the Cayman Islands. This unique selling point gives this
product a competitive edge in the current market.
Based on the growing demand for quality modern housing in the Cayman Islands and strong
predictions for population growth, there is an expanding local and international market for turn-key
land opportunities and constructed properties.
49C27
49C23
49C24 Caribbean Sea
50’
53A112100.9’49C38 100.9’
86.8’ 53A114119.6’
107.2’ 53A104127.6’
53A112 105.2’ 53A105105.9’
105.9’
53A113125.7’
104.7’ 111.6’ 111.6’
40.6’49C25 105’
130’ L110,010 sf
92’
75.5’
49C26 108’ L2 61’ 142’ 53A114 237.6’
10,400 sf L12100’ 36’
10,116 sf 315.0’111’
80’ 123’96’ L1995’ L3 10,184 sf
70’ 88’10,480 sf 117’ 125’62’ 88’ 53A8094’
112’ L13 L2662’
56’ 10,110 sf 25’ 12,597 sf 102’95’ L4 105’
111’ 105’
10,520 sf L20 72’
95’ 10,118 sf112’ 95’ L14 100’ L27 53A83112’
53’10,036 sf 10,063 sf89’ L5111’ 95’ 104’
105’10,460 sf L21120’ 91’ 10,084 sf95’Key L15 95’
112’ 102’ L2885’ L6 10,104 sf 10,050 sf
10,470 sf 111’ 95’ 103’
L22 105’128’ 84’
Existing Road Beach 95’ 10,136 sf83’
L7 L16 111’ 95’ 101’ L29 53A8110,106 sf
10,670 sf 10,000 sf111’ 95’
136’ 102’79’ L23 105’
Proposed Road Sea 78’
L8 10,165 sf100’ L17 110’ 95’
10,820 sf 104’10,032 sf L30
144’ 77’ 99’ 105’
111’ L24 10,082 sf81’
Mangrove Lake L9 56’ 98’10,127 sf12,000 sf L18 109’ 105’
83’ 72’ 108’10,033 sf 130’ L31 60’
Existing House Blu� L25 10,875 sf126’ 60’ 61’
210’ 10,068 sf99’L10 60’
70’26,370 sf109’
213’ L3211,542 sf
130’ 120’
L33140’
L11 31,980 sf23,150 sf
128’151’ 139’
62’69’
L3479’ 63’
20,380 sf
140’33’LPP
LPP33’
1.5 acres
176’
135’ L3523,840 sf N
144’
116’
W ESite Cross Section
Malportas Pond SB C ,' ------ ------------- --- --D
BEACH
NORTH SIDE ROAD
Purchasing Process
✓ BUYERcompletesReservationAgreementandreturnssigneddocumentbyfaxoremailwithcopies
of a passport and a utility bill for each named purchaser
✓ BUYERpaysreservationfeeviaCreditCardorBankTransfer
✓ CROWNACQUISITIONSWORLDWIDELIMITED(CROWN)taketheplotoffthemarket
✓ BUYERexpeditesoriginalcopyofsignedReservationAgreementtoCROWNbyregisteredpost
✓ CROWNissuedraftcopyofPurchaseandSaleAgreementbyemailinadvancetoallowtimefor
consultation with a legal representative (optional)
✓ CROWNpreparestwosignedcopiesofPurchase&SaleAgreement,whicharecourieredtothebuyer
✓ BUYERcompletesbothPurchase&SaleAgreements.Oneistoberetainedbythebuyer,theother
istobereturnedtoCROWN
✓ BUYERsendsfirstdeposit.ProofoftransferissenttoCROWN(within7daysofsigning
reservation form)
✓ BUYERexpeditessignedPurchase&SaleAgreementbyregisteredpostbacktoCROWN
✓ CROWNappliesforTitleDeedstobeissuedonce100%purchasecostshavebeenreceivedand
infrastructure is completed
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NotesClosing Costs
Title Deeds:
TheCaymanLandandSurveysDepartmentrequiresaone-offpaymentofStampDuty(currently7.5%
ofthe value of the land) prior to Title Deeds being transferred to the purchaser. £ 695.00 should also
be set aside for registration fees.
House in a Box Licensing Fees:
Licensesareonlyvalidfor12months.Itisthereforeadvisabletodelayapplicationuntilthe
buyer is ready to either initiate the building process or prepare their plot for sale as a fully licensed
turn-key product.
FurtherdetailsoflicensingfeescanbefoundintheHouseInABoxbrochureoronthewebsite.
Alternatively contact a member of the team.
Transferability
Investors are able to sell the contract for their plot at any time prior to title deeds being issued.
Thereisa£395.00feepayabletoCROWNinordertoreassignthecontract.
Due Diligence
AfullduediligencepackforCrownAcquisitionsWorldwideLimitedandallofthesitesisavailable
upon request.
Contact Details
Telephone:
Email:
Web:
+44(0)1565 740 [email protected]
www.crownworld.com
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Notes
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No Taxes•
BritishTerritoryOperatingBritishCommonLaw •
NoRestrictiontoForeignOwnership•
Interest Free Payment Plan•
LandTitleGuaranteedbyGovernment
Don’t wait to buy land......buy land and wait!
Crown AcquisitionsWORLDWIDE PLC
Crown AcquisitionsWORLDWIDE PLC
www.crownworld.com
Crown AcquisitionsWORLDWIDE PLC