Crownworld - GRAND CAYMAN LITTLE CAYMAN BEACH ...buy-back option allows Crown to repurchase plots...

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Crown Acquisitions WORLDWIDE PLC Investment Prospectus

Transcript of Crownworld - GRAND CAYMAN LITTLE CAYMAN BEACH ...buy-back option allows Crown to repurchase plots...

Page 1: Crownworld - GRAND CAYMAN LITTLE CAYMAN BEACH ...buy-back option allows Crown to repurchase plots complete with infrastructure and a turn-key architectural project at a fixed price

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

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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.

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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

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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.

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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

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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

2322

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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