HOTEL LOS NOMADAS

HOTEL PROJECT “Los Nómadas”• Amount of investments: between 2 000 000

US$ and 2 500 000US$ for 50% of the hotel “Los Nómadas”. This amount is the estimate price to built the hotel

• The other 50% are keeping by Tenedora Harman, the company who owns the land and the mansion project “los nomadas”

• Construction of a five star hotel on 13.000 m2 land with 50 meters of beach front in the middle of the private community “los nomadas”:

• 36 rooms/suites of 40 m2 each with all the facilities

• swimming pool : 180m2• Restaurant area and reception : 250 m2• Tennis court and SPA• Parking +Shops• Luxurious garden

Monthly business Plan/project “Hotel Los Nómadas”

• 36 rooms x 200US$/night x 30 Days 216.000 US$• Annual occupancy rate average estimated at 60% 129.600 US$

• Monthly expenses: Condominium fees 1.625 US$• Gaz +electricity+phone+internet 8.500 US$

Salary of the employees (18 people) 9.000 US$

• Salary of the Manager 5.000 US$• Marketing/Publicity 5.000 US$• Cleaning+products 6.000 US$• Taxes 6.000 US$•• Total 41.125 US$

• Total estimate of the monthly profit: 129.600 US$ - 41.125 US = 88475 US$

HOTEL PROJECT “Los Nómadas”

1: swimming pool 6: tennis court 11: beach

2: rooms 7: restaurant and bar 12: ocean

3: gym 8: kitchen 13: parking

4: reception 9: living room

5: entrance and administration 10: garden

Las Terrenas yesterday..

• At the north coast of the island Hispaniola, in the Dominican Republic, near the famous national park Los Haitises and the Samaná Bay, where every year the whales come to mate and give birth, you find Las Terrenas.

• It was a small village of fishermen and farmers amidst the largest coconut plantations in the country and bordered by 18 km of beaches, known to only very few tourists. There was no infrastructure, only one path over the hills, no electricity, no telephone, no running

water.

Las Terrenas Today.. • You can drive over an asphalted road from Sánchez to Las Terrenas. A private company supplies 24 hours a day

electricity (110 and 220 v) to the entire community. The telecom operator Verizon settled in Las Terrenas and subsequently everyone can benefit from trouble-free

local and international communication, such as telephone, fax, mobile, call-back and internet• The major part of the village is connected to water net. There is a new hospital with an operating room, three

national banks have opened a branch, and - thanks to the cable - you can receive more than 30 international television canals.

• In the slipstream of this development, today's 20.000 inhabitants of who an important part is of European origin, saw their village change with the opening of many hotels, restaurants, bars and all kinds of tourist services, such as a variety of many new sports activities and renting possibilities (diving, horseback riding, quad, jet-ski, kite surf, wind surf) and a structured organization of excursions that covers Samaná and a major part of the country. Also they witnessed the opening of commercial centers and air-conditioned supermarkets.

• Today, an international airport is located at 45 minutes of Las Terrenas, on the road of Nagua. El Catey was brought into service in November 2006. It allows the traffic of large transport aircrafts of many

international companies. Track of 3000 m X 45 m. Volume of reception 9000 m2. This International airport is located at 12 km from las Terrenas. It will be connected directly to this locality at the end of 2007, by the prolongation of the coastal road Las

Terrenas - La Isabella. The budget was voted and the funds are now at disposal. The beginning of work is envisaged in January 2007.

• .

Las Terrenas Today..

• SANTO DOMINGO -SAMANÁ HIGHWAY The works of the highway which will connect us to the capital are progressing. The

highway will reduce at two hours the way between Samaná and Santo Domingo. The 106 kms of the motorway connecting Las Américas to Samaná will be the shortest way to cross the island. The foreseen budget is of 162 millions US$. The manufacturers announced that the highway could be finished in December 2007. While waiting, the government opened the first section of the highway.

News projects for the development of Las Terrenas are also in realization.• Projects under development in the Peninsula of Samaná: At the end of 2006, a line of luxury hotels was open: Gran Bahia Principe in Cayo Levantado, Gran Bahia Principe Cayacoa in Samaná, Gran

Bahia Principe Samaná on the road of Las Galeras, Gran Bahia Principe El Portillo in Las Terrenas.

All this was justified by the opening in November 2006 of the El Catey international airport. The marketing of these new hotels continues its course in Europe. The total investment for this hotel group was 60 million dollars US$.

Summary..

• Two options of investments:1/ Possibility to only buy the land (13000m2 and 50 meters of beach

front) at 3 300 000US$ and build and operate alone the hotel.

2/ Tenedora Harman (the company who owns the land and the project Los Nomadas) brings the land and the investor build the hotel, creation of a new company between Tenedora Harman and the new investor at 50% each who owns the hotel

CONTACT

• Mathieu GIRAUD

+33 6 69 07 31 58

mathieugiraud1@hotmail.com

Localisation: Las terrenas; playa coson