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Beleza Do Mar

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B eleza  d o M a r empreendimentos  legais | sergipe  brazil www.belezadomar.com.br/
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Beleza do Mar

empreendimentos legais | sergipe – brazilwww.belezadomar.com.br/

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o v e r v i e w b r a z i l

Ranked by Forbes (2008) as best real estate investment among

“BRIC’s” – ahead of Russia, India, China

Brazilian stock marked shrugged off global recession, entered

2010 with growth back at 5%

5% economic growth rate is impressive - initial “capitalist” boom

years currently enjoyed by Russia, India and China happened

four decades ago in Brazil.

In 2008 rating agencies raised Brazil to investment grade.

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o v e r v i e w b r a z i l

Net external creditor•

Fiscal primary budgetary surplus•

One of the worlds largest commodity exporters•

Has been sheltered from the global credit crisis•

Energy independent since 2007•

Will soon be the world’s 8• th largest oil producer

Will host the 2014 World Cup and 2016 Olympics•

Democracy with political stability over the last two decades•

D i s t i n g u i s h i n g F a c t o r s

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o v e r v i e w s e r g i p e

Population: 1.8 million

Mild tropical climate

Temperature is 77°- 86°F year round

Traveler magazine ranked Sergipe’s beaches among world’s best

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o v e r v i e w s e r g i p e

D i s t i n g u i s h i n g F a c t o r s

Lowest crime rate in the North of Brazil•

Highest education levels in the North of Brazil•

Large middle class•

Stable social climate•

Highest level of social services in the North of Brazil•

Energy rich state (oil, hydro & bio fuels)•LocationofBrazil’smostsignicantrecentoilnds•

First state to provide electricity to all households•

Local government has a track record of transparency•

Not exposed to earthquake or tsunami•

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o v e r v i e w p e n i n s u l a

Former coconut plantation•

Across the river from Aracaju•Construction of new bridge across the River Sergipe decreased•

travel time from two hours to 10 minutes, transforming the

peninsula into a prime location for real estate development

B e l e z a P e n i n s u l a r

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o v e r v i e w p r o j e C T

Mixed use, high end residential resort development.•

Located next to Aracaju, the state capitol of Sergipe, Brazil.•

25 minutes from the airport, 10 minutes from downtown•

Targeting the local (60%), national (30%) and international•

(10%) markets.

424 Units, Luxury Houses, Apartments, Town Houses, Retail,•

Beach Club, Sports Utilities, direct access to three quarter

miles of beach.

Cost $ XXX million, Sales Revenue $ XXX million.•

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o v e r v i e w p r o j e C T

Net Present Value of Project = $XX million

$XX million equity invested to date

Net-Worth of Equity now in excess of $XX million based on

Colliers International Valuation of land

Environmental and construction permits secured

Masterplan complete

Ready to move forward on infrastructure

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D e v e l o p e r

Project manager and lead development partner XYZ is an

internationalrmwithatrackrecordofsuccessfulmajor

projects in Europe, and the Americas. The other partner,

Hospitable Investments Ltd. (HI Ltd.) is an Orlando, Florida based

hotel, resort, golf course, spa and residential golf community,

development, marketing and operational company.

Project carried out through Impreendimentos Legais Ltda (single

purpose project company)

XYZ is one of only four winners of the 2010 Urban Land

Institute Award of Excellence in EMEA

X Y z s o u T h a m e r i C a h o l D i n g l T D .

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D e v e l o p e r

Founded in 2000 by Alfonso Perrier, internationally renowned

architect and developer, winner of numerous prestigious awards.

Alfonsto Perrier acted as project manager on projects

completed or projects under construction collectively

representing over $ X.X billion over the last 8 years. 9 of these

projects were in excess of $ XX million.

No failed projects in history of company.

X Y z s o u T h a m e r i C a h o l D i n g l T D .

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D E V E L O P E R X Y Z S O U T H A M E R I C A H O L D I N G LT D .

Crimea, Ukraine – Luxury villas overlooking the Black Sea,•

 sales of $XX million

Buzios, Brazil – Largest marina in South America , multiple• 

hotels, luxury spa, golf course, investment of $X.X billion

Warsaw, Poland – Mixed use community presently valued at• 

$X.X billion, former president of Poland is resident

 

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D e v e l o p e r

Incorporated in 1986

BasedinOrlando,Florida,withofcesinLondonandMilan

Provides development, marketing and operational services for

hotels, resorts, spas, golf courses, golf clubs and residential golf 

communities in the U. S. and internationally

h o s p i T a b l e i n v e s T m e n T s , l T D .

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D e v e l o p e r h o p s i T a b l e i n v e s T m e n T s , l T D .

P a s t P r o j e c t s

Hotel Royal Plaza, a 400 room hotel in Walt Disney World•PGA National, a 2700 acre community with four golf courses•

The Lodge and Bath Club at Ponte Vedra Beach, a 66 room•

boutique ocean front resort in Ponte Vedra Beach

Super Duper Palace Resort & Spa, a 1028 room destination•

resort in Walt Disney World developed by HI Ltd. and owned

in joint venture with Equitable Life

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m a n a g e m e n T

A l f o n s o p e r r i e rA l f o n s o P e r r i e r

m a r i a J o s e R i b e i r a d e L o u r d e s

J a m e s F r e d e r i c k B a r t h o l o m e w

W o l f g a n g S c h o p e n h a u e r

P e r c y D a r b y s h i r e

J a c k S t o c k m a n

M a r i a J o s e R i b e i r a d e L o u r d e s

American/French, internationally renowned architect and

developer with extensive project management experience;

winner of numerous prestigious awards; graduate of Rice and

Stanford, currently visiting lecturer at NYU.

Brazilian, licensed and highly experienced architect, expert in

local legislation, well respected and recognized by government

agencies, was lead architect for new zoning plan relevant to

Beleza do Mar.

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m a n a g e m e n T

J a m e s F r e d e r i c k B a r t h o l o m e wA l f o n s o P e r r i e r

M a r i a J o s e R i b e i r a d e L o u r d e s

J a m e s F r e d e r i c k B a r t h o l o m e w

W o l f g a n g S c h o p e n h a u e r

P e r c y D a r b y s h i r e

J a c k S t o c k m a n

W o l f g a n g S c h o p e n h a u e r

Brazilian of American descent, local partner main projectmanager for Beleza do Mar; due to his extensive network in

Brazil, he has been able to secure the required licenses in record

time; Catolica University graduate with additional studies at

Princeton.

Swiss / US born, CFO XYZ and head of investor relations;

successful entrepreneur; member of several boards; PhD

University of Michegan.

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m a n a g e m e n T

A l f o n s o P e r r i e r

M a r i a J o s e R i b e i r a d e L o u r d e s

J a m e s F r e d e r i c k B a r t h o l o m e w

W o l f g a n g S c h o p e n h a u e r

P e r c y D a r b y s h i r e

J a c k S t o c k m a n

P e r c y D a r b y s h i r e

J a c k S t o c k m a n

British/American; Partner of HI Ltd.

American; Partner of HI Ltd.

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o p e r a T i o n s

B e l e z a d o M a r   M a s t e r p l a nh c t 9 2 . 5l t 2 4 5

u t 5 7 3

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o p e r a T i o n s

‘14‘13‘12‘11‘10‘09‘08 ‘15‘07

A 2007

Empreendimentos aquires land

C

J� 2011 - A 2012

1st Building Stage[ 150 ]

J 2011 - A 2012

Stage 1

S 2012 - F 2014

Stage 2

M� 2014 - J 2015

Stage 3

S 2012 - F 2014

2nd Building Stage187 �

7 � [ ] [ ]

M� 2014 - J 2015

3rd Building Stage60 �

16 �

S�

T i m e l i n e

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D e v e l o p m e n To p e r a T i o n s

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D e v e l o p m e n To p e r a T i o n s

In April 2007, XYZ bought 92.5 hectares (228.5 acres) of land•

forUSDXXmillion,nancedwithUSDXXmillionequitybythe

partners

Masterplanisnalized,environmentlicensesecuredandworkfor•

the infrastructure licenses well under way

Several land plots for the beach front luxury homes have already•

been pre-sold

Demandforuppermiddleclassrsthomeresidentialproperity•

Sergipe is very high: it is expected that more than 90% of the units

will be sold to local residents

39% of land will be sold for individual homes (avg size: 1,600 sqm)•

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D e v e l o p m e n To p e r a T i o n s

Estimated sales price for•

nishedunits:$2,000/sqm

14.4 hectares (16% of land)•

 – Apartments, Business/

Commercial, with space

zoned for construction of a

hotelA p a r t m e n t I n t e r i o r

L u x u r y V i l l a

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D e v e l o p m e n To p e r a T i o n s

Type Lots Units

Revenues

(USD 000's)

oc ft h 20 20 38,700

oc/k v h 22 22 23,760

lk v h (t d ) 55 55 40,730

lk v h (t y) 61 0 11,560

gd v h 20 20 19,280

T h 56 56 21,850

lxy att 350 q 1 12 7,810

att 250 q 2 36 19,040

att 120 q 3 72 19,500

att 90 q 2 60 10,820

oc v Cd ht 1 70 (210) 12,720

b / C c (, c d t) 2 1 50 1 4,3 20

Tt 245 573 240,090

R e v e n u e

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D e v e l o p m e n To p e r a T i o n s

pc t d, t cd t usD 8.0

it ctdt(d, dc, t t) usD 40.2

etc, mtc d st usD 3.8

addt c, t, , ctct usD 0.8

Ctct vtc(, tt, cd t tc) usD 74.0

pct kt usD 15.0

wk Ct /v Ct p usD 16.2

Tt usD 158.0

T o t a l C o s t : $ X X X m i l l i o n

E s t i m a t e d b r e a k e v e n : 4 t h q u a r t e r , 2 0 X X

C o s t

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D e a l o f f e r i n go p e r a T i o n s

Infrastructure development (roads, landscaping, ut ili ties) USD 6.4 mil lion

Entrance, Maintenance and Sports USD 2.2 million

Addit ional licensing , permits, engineering, architecture USD 0.6 million

Construction Vertical (houses, apartments, commercialarea, beach club etc)

USD 27.1 million

Project marketing USD 0.6 million

Previous Soft Cost Repayment USD 2.0 million

Working Capital / Variable Cost Provision USD 1.1 million

Total USD 40million

U s e o f F u n d s

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D e a l o f f e r i n gi n v e s T m e n T

O p t i o n 1 O p t i o n 2

$XX million - All pre-sale•

nancing

XX% IRR•

XX% ownership•

$XX million - Fund initial•

infrastructure outlay,

remainder will be bank 

nanced

XX% IRR•

XX% ownership•

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http://www.BelezaDoMar.com.br/

 James Frederick Bartholomew

Empreendimentos Legais, Ltd.

 [email protected]

Greg Rockwell

Excend Capital Group


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