Forty One Bedroom          $4,200,000.00

Forty Two Bedroom          $5,400,000.00        Total    $9,600,000.00

Property, 13 acres, 15 minutes to Escazu.  $2,800,000.

Civil Work and Security Wall                          $320,000.

Construction                                                $3,600,000.

Permits and Legal                                            $90,000.

Rec. Center and Offices.                                $188,000.

Landscaping                                                   $140,000.

Management, Sales, Marketing.                     $700,000.

Total Investment   $7,838,000             Gross Profit      $1,762,000.

Investment to Pre Sales   (Funding)                             $3,300,000.

Time to presales 180 Days. Estimate 50% sales to construction.

This would add $960,000. to Gross profit at 20%.