A. GENERAL ENQUIRIES

What facilities will be included in the complex?

Common Facilities:

	Restaurant		Lounge		Lobby
	Swimming Pool		Spa		Bar
	Laundry		DSL Interrnet Access		Parking

Services:

	Security		Room Service		Gardening
	Housekeeping		Reception		Concierge
	Travel Desk		Business Facilities

When the construction started?

December 2005.

How long will construction take?

Construction is anticipated to be complete DURING SECOND SEMESTER 2008.

Can I purchase 2 adjoining apartments and combine into one?

You would be able to do that at the expense of the purchaser, however all apartments are to remain separate bedroom units for rental purposes.

Can I decorate my apartment to my own taste?

A.

If you are part of the rental pool, apartments and rooms cannot be decorated to individual tastes in order to present a consistent product to effectively market to travel agents, in addition from an operations standpoint having a standard set up makes housekeeping and maintenance easier and more efficient to manage. Nor can any items be removed from the villa as they are treated as assets of the business.

B.

YOU CAN ALWAYS DECORATE YOUR PROPERTY THE WAY YOU WISH BUT IN THAT CASE WILL NOT BE POSSIBLE TO BE PART OF THE RENTAL POOL

What is the total size of the property?

The total size of the property is approximately 64,700 sqm of which approximately 20,000 sqm will be used for the project. An expansion of 13,000 sqm is planned and in negotiation. 18 or more additional apartments will be available.

B. LEGAL STRUCTURE

Is foreign ownership possible in the DR?

Foreign ownership of free-hold land is legally recognized, the titles will be on the purchasers name.

What is the ownership structure?

A.	Constructora J&J, S.A. is the owner and developer of the property (available for review upon request).
B.	Operadora Vista Mare will be the company responsibl for the Management and has addressed Coral Hospitality Corp as the Hotel Management company.

What are the applicable laws for this structure?

The ownership of the land is governed by Dominican laws, all agreements with the purchaser are governed by the Dominican law.

What does it happen if I decide to sell my apartment?

If you decide to sell, you are free to do so at whatever price you wish. The development company will assist any owner wishing to sell in promoting the villa for sale and in the actual sale documentation.

C. INVESTMENT AND FINANCIAL

Once I have decided to buy, what is the payment schedule?

	30% SEPARATION/DOWNPAYMENT
	30% 3 MONTHS FROM CLOSING
	40% AS A FINAL PAYMENT DUE ON THE DELIVERY DATE

What if I decide I do not want to buy at any time before the closing date or if any payment is late or not made?

Financial penalties will be incurred. Please check with the developer.

What about insurance?

The management company will take out an all risks insurance policy in line with normal hotel standards for the whole property it will be divided on a prorrata basis to each unit and charged as a part of the Management Fee.

What taxes must be paid on my purchase?

The purchaser will be charge uppon register of the purchase with a one time Tresspass Tax payment of 3%

What taxes must be paid if I want to sell my apartment?

ISR or Tax on Benefits (25% of the registered benefits)

What are the advantages of buying an apartment within a complex?

A.	Very profitable Return on Investment and Plus Value
B.	Security
C.	Facilities
D.	Pooled Costs and Revenue
E.	Managed Property
F.	Additional Revenue on Rental

D. MANAGEMENT

What will the management company do for me? What marketing would be done to attract rentals?

A.	Professional service aimed at achieving a high rental yield and a successful investment.
B.	Associations with top-end wholesalers include TURINTER in the DOMINICAN REPUBLIC www.turinter.com and other INTERNATIONAL TOURISM ORGANIZATIONS WORLDWIDE.

What is included in the management company's services?

Rental services, hotel operation, sales and marketing, maintenance and property management.

What charges will I have to pay if I stay in my apartment?

A.	Management Fee.
B.	Other services such as food & beverage, massage treatments, minibar, etc.,

What does it happen if I want to stay in my apartment and it is already booked?

As long as there is availability, you will be offered another apartment. This will be treated the same as if you were staying in your own villa.

How will the rental rates compare with other properties in the Dominican Republic?

A.	Incredibly favourably, given the quality, services and location The Vista Mare will be priced between standard hotel accommodation and luxury condo resorts.
B.	The management company's strategy is to offer a favourable introductory rate in year one to generate awareness and interest and then build on the rate in consecutive years.

What resources does the management provide?

A.	Annual financial statements and reports
B.	Monthly owners income reports
C.	Members have access to management records

When does the management company commence operations?

The management company will step in one month prior to delivery date.

Is the unit furnished and decorated?

Our units are sold (actually) fully furnished, please contact us for the details regarding our Furniture Package

If Ive already bought an unit that didnt include the Furniture Pckge. How much does this package cost?

Turn Key Packages at a very preferential prices are available. Please contact the developers for more information on these packages.