Page 80 - PROYECTOS AVANZADOS CON PERMISOS, SETIEMBRE 2018

PROYECTO PLAYA HERMOSA

COD: PO75

SITE AREA: 83. 82 hectares

SALE PRICE: USD $50,900,000) / U$ 607,288 por Acre

PROPERTY DATA:

The Playa Hermosa public road fronts the southern boundary of the subject properties;
however, no formal municipal address exists at the present time. The properties are
located within the Municipality of Garabito district of Jaco of Puntarenas

SERVICES:

-Electricity

- Water

- Internet

-Telephone

permitted uses:

• The letters state that construction of houses, condominiums. casinos.
hotels, stores, clinics, hospitals, restaurants, and bars is allowed, as the

subject properties are located within “commercial, touristic and hotel
zone “

• We assume all parcels: A1, A2, A3, A4, D, E, F, G, H, Costanera and T
comprised within the subject have been award land use documentation
by the Municipal authorities, as well as density studies.

• We assume density for all the parcels is the same 75%

• To the best of our knowledge, the SETENA permits for Hermosa
Paradise urbanization include all parcels A1, A2, A3, A4, D, E, F, G, H,
Costanera and T