Le Paradis will be the first branded master-planned luxury resort community on St. Lucia. It will span 554 acres and will include luxury condominiums, signature golf home sites, villas, penthouses and dock-o-miniums.

The Westin condo hotel will be one of the main centerpieces at Le Paradis. It will be a four-star property with 286 luxurious condo hotel residences.

The development is estimated at $1 billion. It will be built in three phases and will take roughly five to seven years to complete.

Unit Sizes & Prices: All condo hotel units will have balconies. They'll have ocean or beach front ocean views.

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• Units Range in Sq. Ft. (not including balconies): From: 1,000 To: 2,300
• Units Range in Price: From $495,000 To $1,330,000
• Buildings: 18
• Stories: 3 to 4 No. of Units: 126 first release
• Lot Size: The resort will span 554 acres.

Brand: The condo hotel at Le Paradis will carry the Westin Hotel & Resorts brand, which is owned by Starwood Hotels and Resorts Worldwide. Starwood is one of the leading hotel companies in the world with about 850 properties in more than 100 countries.

Westin has 161 hotels and resorts in 35 countries. It has a large global distribution network with 25,000 agents with 325,000 reservations booked per day and 37 million loyalty members. It has been voted the number one upper-upscale hotel brand in the U.S. for the past three years in Business Travel News.

Intended Star Rating: Four stars plus

Construction of Phase 1: The resort will be built in three phases over the course of five to seven years. Actual completion time will be based on a variety of factors including the pace of sales and various construction challenges.

• Phase 1 construction, including the condo hotel and 200 signature golf home sites, began January 2007. Expected   completion of phase 1 is Fall 2008.
• Phase 2 construction, including a 125-bed, five-star plus hotel, and a 42-slip marina, will begin in September 2008.   Expected completion of phase 2 is September 2010.
• Phase 3 construction, including golf lodges and mountain villas, will begin in September 2010 and will be complete   September 2012.

Architecture:

The architecture will be reminiscent of the island's colonial past with a mix of Anglo-French Caribbean tones. It will incorporate traditional elements like timbered balconies and verandahs, stylish ship-lap boarding, shingled roofs of native wood and gingerbread fret work. The exterior finishes are designed to harmonize with the natural colors and the topography of the landscape.
Overall, the architecture is designed to maximize the indoor and outdoor living experience while encompassing every modern amenity,

Features/Amenities of Le Paradis:

• Five community pools exclusive to residence owners and their guests
• World-class branded spa with 26 ocean side treatment rooms and sit 100 ft above sea level
• Casino amenities
• Golfing academy
• 25,000 sq. ft. conference facilities including ballroom & outdoor pavilions
• 15,000 sq ft branded spa1,200 sq. ft. Westin workout fitness center
• 1,500 sq. ft. Westin Kids Club with pool and recreation center
• Multiple restaurants including one specialty restaurant
• Entertainment lounges & bars
• Poolside snack bar
• Upscale boutique shops
• Resident’s beach club with an aquatic activities center
• Equestrian centre
• Floodlit tennis courts
• Greg Norman-designed signature 18-hole golf course with elegant clubhouse at 280 ft above sea level
• Helipad

Hotel Services:

• 24-hour concierge
• 24-hour doorman
• 24-hour valet
• 24-hour security
• 24-hour maintenance staff
• Limousine service
• Full-service business center
• Westin kids' club
• Pet sitting
• Personal assistant
• Personal chef

Unit Features: Units include Gourmet Kitchens, Stone or Granite counter tops, upscale plumbing fixtures and designer interiors with furnishing packages. Plasma TV, high speed internet, central security and life safety systems. FF&E included and once in the rental program the OS&E is included as well

More Details About Golf:

In St. Lucia there are seven new golf courses planned and designed respectively by golfing greats Greg Norman, Jack Nicklaus, Arnold Palmer, Christy O’Conner Jr. Ernie Els and Robert Trent Jones. These courses will profoundly affect tourism in St. Lucia as it will be officially recognized and promoted as a golf destination and as such will be known as the Golfing Mecca of the Caribbean and a world golf destination.

The Greg Norman-designed signature 18-hole golf course is already being called a masterpiece and the focus of the Le Paradis community. It will open in 2008. The clubhouse will sit 275 feet above sea level, and all 18 holes will offer extraordinary views of the ocean and bays. The course will feature the signature “Shark’s Bight” 12th hole. There will also be a golfing college and driving range.

Greg Norman states, “This site is absolutely breathtaking, and we have strategically positioned golf holes on sheer cliffs that sit hundreds of feet above the ocean.
The course will be managed by Troon Golf. Troon manages 185 of the world’s most luxurious courses around the world with 38 of those courses in the top 100 rankings.

More Details About the Spa: The Westin will have a 15,000 sq. ft. branded health spa. It will be elevated over 100 ft. about sea level with stunning ocean views and footpaths leading to a private bathing beach.
It will encompass:

• 26 treatment cabanas
• Sun terraces
• Satellite pool
• Saunas
• Jacuzzi
• Steam rooms
• Lap pool

More Details About the Yacht Marina:

A marina and marina village complex are part of the extensive plans for Le Paradis. The marina will be constructed in Phase 2, to be completed approximately April of 2010. It will include 42 berths of lengths from 80 feet up to mega yachts of 200 ft.

In the marina village complex, there will be land-based amenities such as customs and immigration offices, a supermarket, gas station, upscale shops, restaurants, banking and 55 marina residential home sites. There will also be a 125-room, international branded five-star hotel.

Location & Appeal of St. Lucia:

St. Lucia is rapidly gaining attention as one of the Caribbean's hottest new destinations.O Magazine recently named St. Lucia as one of the "Top 5 Places to See in Your Lifetime."

St. Lucia has a delightful tropical climate with an average temperature of 77 degrees all year round. It offers stunning features - rainforest, volcanoes, beautiful beaches, aquatic activities, friendly people and a dramatic coastline.
Known for eco-tourism, it is often noted for its breathtaking natural scenery. Enjoy hikes through the pristine, blue-green mountain rainforest which is respected as a habitat for rare birds and plants.

The tiny islands to the south and east of St. Lucia are home to rare wildlife and birds, with several species that exist nowhere else in the world.
St. Lucia is home to the world-famous twin Piton Mountains and the world's only drive- through volcano at the Soufiere Sulphur Springs.

The island is recognized as one of the world's leading whale watching sites, with over 20 species regularly spotted throughout the year, including humpbacks, pilot whales, sperm whales and spinning and spotted dolphins.
St. Lucia has been the setting for movies such as Dr. Doolittle, Superman II, and White Squall.

As St. Lucia gains recognition as a golfing and beach vacation destination within the next few years, it is expected to see growing demand for hotel rooms. For that reason, the world's most exclusive resorts -- Raffles Resort, Ritz-Carlton Westin, Rockefeller Resorts and other distinguished international brands -- are racing to open their doors on St. Lucia.

Though many new luxury resorts have just begun their development stage, Le Paradis has broken ground and is off to a running start. Le Paradis is the first luxury resort to offer ownership on St. Lucia. Buyers of
Le Paradis have the opportunity now to get in ahead of the surge in demand and the appreciation in values that is likely to occur.

Transportation: St. Lucia is serviced by many major airlines including US Air, Delta, Virgin Atlantic, British Airways, British Midlands, BWIA, Air Canada American and American Eagle. Le Paradis is only 20 minutes from Hewanorra International Airport. Approximate travel times are:

• 3 hours from Miami
• 4 hours from New York
• 5 hours from Atlanta
• 5 hours from Toronto
• 5.5 hours from Charlotte
• 7 hours from Chicago
• 8 hours from London

For those visitors arriving by sea, cruise lines and local ferry's tie up daily at Port Castries and Soufriere.

Government Drivers:
Billions and Billions of dollars are poised to be spent in St. Lucia in the next 3 to 7 years. St. Lucia is in the beginning of a major growth cycle.
• Infrastructure spending in excess of $54 million to upgrade transportation arteries (roadways, storm water, lighting, pedestrian access / safety)
• New arterial roadways planned to open up the northeast corridor and tunnel section to improve the islands central road network.
• New government initiatives to improve both airports and three harbors
• New government development initiatives on transforming the existing Central Business District (CBD) of Castries waterfront into an international plaza and pedestrian promenade.
o St. Lucian government development conference July, 2007
• Seven Billion for an oil transshipment facility upgrade and a proposed oil refinery
o Forbes.com 07/25/07
• Five new five star plus international hotel brands and spas coming within 3-5 years and more are rumored to be coming. Total of 21 new developments.
o Ritz Carlton, Rock Resorts, Raffles Resorts, Banyan Tree, Nikki Beach
• Seven new signature golf courses to be built by world famous designers
o Jack Nicklaus (2), Greg Norman, Ernie Els, Arnold Palmer, Christy O’Conner Jr., Robert Trent Jones
• Five new marinas to be built. Many for mega yachts over 200ft.
o Le Paradis, Rodney Bay, Landings, Ritz Carlton & Marigot Bay
o Le Paradis Beach, Golf & Marina Resort is two/three years ahead of the new emerging brands.
Room Demand Generators: With six designer golf courses expected to open in the next few years, St. Lucia is destined to become a true golf destination for the entire Caribbean. In addition, as quality hotel brands like The Westin, Ritz-Carlton, Raffles Resort, Banyan Tree, Nikki Beach Resorts will build their resorts here, promotion of this Caribbean island will intensify and values will appreciate.

The Westin has pre-sold over 9,200 room nights eighteen months in advance of opening
According to industry experts, St. Lucia is what the Bahamas were 10 years ago and has tremendous upside potential in terms of resort development.

Special Buyer Incentives: Not only do buyers have an opportunity now to get in super early on Le Paradis when prices are at first-tier levels and you can have your pick of condo hotel units, but they will also receive the following priority incentives which the developer has negotiated with the St. Lucia government:

• Income tax and withholding tax exemption on rental income earned
• Alien landholder's license fee waiver
• Income tax waived
• Stamp duty exemption
• Vendor's tax exemption
Plus, Condo Hotel Center was able to negotiate the following special incentives exclusively for our buyers:
• Golf initiation membership fee waived
• Golf dues waived for two years
• Troon Advantage VIP card - discounts at other Troon golf courses
• The combined value of all these incentives is over $100,000!
Rental Program: Owners at this property will have an opportunity to participate in a professionally-managed rental program. The rental program is entirely voluntary and not a condition of ownership.
There are three distinct rental program options from which owners can choose. Each one allows owners a different amount of annual usage of their unit and a different rent revenue percentage. (The more weeks your unit is placed the rental program, the higher the percentage of rent revenue you receive.)
Due to SEC regulations governing the sale of condo hotels, we as realtors are not permitted to provide specific rental program information. We can, however, put you in touch with our on-site contact at the property who will direct you to their rental management company representative. That representative is best qualified to answer any questions you have regarding the rental program.

Developer:

DCG Properties Limited. DCG Properties Limited has brought together an international team of professionals to design and develop Le Paradis. The team consists of renowned land planners, architects, engineers, interior designers, golf course and building construction services and branded resort management. This team has designed an eco-friendly plan with various local and international architectural styles that blend in with the natural landscape.
Kierron Dolby is founder, major shareholder and Managing Director of DCG Properties Limited. The Company was formed for the purpose of developing the proposed multi-phased destination at Le Paradis Praslin Bay, St. Lucia.
Dolby is also founder, owner and President of CHS Building Services Ltd., formed in 1978 to provide building engineering services and has now been successfully operating for 30 years. Under his guidance, CHS emerged from a small start-up venture to a mature engineering and construction services-based company with an international resume of experience. CHS specializes in design and construction services, with an active UK and international client base.

Reservation Requirement/Deposit:

• $10,000 to reserve a unit
• 30% of purchase price (less the $10,000 deposit) within 14 days
• 20% of purchase price due on completion of foundations
• 25% of purchase price due on commencement of roofing
• 25% of purchase price (plus all remaining sums) due at closing

Financing available through First Caribbean International Back and Wachovia Bank. Details provided upon request.

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