Cancun, Quintana Roo. Mexico Deployment of Hotel Purchase 10/23/2008
Option A.
1 tower 390 rooms purchase.
Purchase of New Building 390 rooms, 5 star category Resort Hotel. Aknowledgements: Buyer pays 38% property sale tax . Release of title requires a new subdivision of property land use according to municipality and state regulations. Subdivision Trammit delays: 6-8 months. Title Transfer Tax: 38% -10% write off credit to buyer. $115,000,000 MM + 38% Tax Minimum Price Offer: ______________________________ Cap. Rate: 7%-9%
Option B.
2 towers 470 and 390 rooms. Total: 890 rooms.
No plans of land usage necessary. Direct transfer of Stock Holdings. 100% Tax included. Minimum tax transfer. Immediate operation take over. As an option upon purchase / lease to actual owners and operators gurarantee a direct hotel N.O.I. $12 MM per/yr. + $3MM. per/yr. from implementation of Vacation Club Operation.
$230,000,000 MM. Includes Taxes. Minimum Price Offer: ________________________________ Cap. Rate. 6%-7% VC. Agent: Contact
[email protected]