Condominiums:
126 will be constructed in three (3) phases,
comprising the following condominiums 21 one bedroom, 70 two
bedroom and 35 three bedroom units.
Phase One to be sold and build within the
first two years of the development consists of 34 units.
Phase Two to be sold and build within year
three and four consists of 48 units.
Phase Three to be sold and build within
year five and six consists of 44 units. The phasing of condominiums
will be adjusted according to market demand and could be complete
in a much earlier stage.
Condominiums will be marketed as fractional
ownership units with 5 th, 10 th , 12 th , ownership fractions,
providing ten (10) weeks of usage by owner of a 5 th ownership
, providing five (5) weeks of usage by owners of a 10 th ownership,
providing four (4) weeks of usage by owners of a 12 th ownership.
Full housekeeping, maintenance, administration is provided.
A rental pool will allow owners to provided
surplus weeks to manager for rent, with profits being shared
between owner and manager.
• All condo units will have
ocean views and access to all amenities offered by the Resort
including reduced green fees and discounts on spa treatment
etc..
• All condos will be exquisitely
fully furnished with state of the art kitchens, wireless internet,
in room entertainment center including plasma TV, DVD/CD player
etc.
Location
Mt. Wynne is located on the west cost of
the island of St. Vincent with amazing sunsets and hundreds
of feet of healing volcanic sandy beach. The development can
be reached via a 30 minutes ride by car from the capital Kingstown
. With the construction of the new International Airport in
Argyle to be completed in 2010 the development will be accessible
by car within 35 minutes.
Energy, Environment
HRG International, plans to incorporate a major "Solar"
driven energy system, that would provide lower energy costs
and be as eco friendly as possible.. The location of the site
makes the usage of solar powered energy very viable.
Program Objectives
The primary goal of the project is to develop
a debt-free luxury, private sanctuary for an international
client that is looking for a fully serviced vacation home
that will be managed by a highly qualified Canadian Management
Company, removing any and all worries and giving client the
freedom to just enjoy the beauty of St. Vincent & the
Grenadines . A rental pool will be made available so that
surplus weeks will be marketed by manager on behalf of owners.
Profits will be split between the owner and manager. Among
the necessary objectives to achieve international development
status are the following:
a) The development of the highest quality
in construction, energy efficient systems, tasteful designed
interiors and furniture's. A full range of state of the art
services and amenities, such as high speed wireless internet,
plasma TV's, fully functional business centre with boardroom
etc.
b) Creative planning and architectural
designs to take full advantage of the beautiful natural habitat
and riches of the area.
c) Provide maximum security and privacy
for guests, residents, owners and visitors.
Methodology
HRG International has researched the international
and local market and an assessment of opportunities for the
subject property in determining its highest and best use.
The preliminary physical data has been refined to incorporate
the regulatory issues, market opportunities and infrastructure
requirements. Estimates of development costs and sales have
been considered. The financial scope of the projects is expected
to exceed US$ 205 million. |
