A place beyond imaginationGuanacaste, Costa Rica.

Playa Guacamaya is a 2,000 acre (1,000 hectares) ocean front property in the pacific province of Guanacaste, Costa Rica.

The Guacamaya ranch includes four undeveloped beaches (the largest being Playa Guacamaya and Playa Zapotal) and varied

terrain of hills and valleys that create beachfront, hilltop and hillside sites.

The property was acquired in 2005 and is currently free of any debt, by a private investment group that partnered with

Union Box Costa Rica for the pre-development, development, sales and marketing of the project. The project team consists

of local and foreign real estate professionals.

Guacamaya’s unique natural elements are recognized as an amenity instrumental to the Project’s success. Therefore, GMC is

committed to a low density development that preserves the landscape and wildlife, in a resort experience encouraging

residents and visitors to explore and experience the property.

Real estate sales in the country are increasing annually, demonstrating strong investment potential.

Guacamaya will be a world-class destination resort located on Costa Rica’s desirable Pacific Gold Coast.

The project has access from two international airports. A 30-minute drive from Daniel Oduber Quiros International Airport

in Liberia, or a 30 minute local flight from Juan Santamaria International Airport in San Jose, Costa Rica’s Capital.

Guacamaya’s strengths, exceptional property and diverse amenities, will distinguish it as a world-class destination resort.

The property has a variety of experiences, from the titled beachfront homes to the estate lots with panoramic water views

from 650 feet. Recognizing the exceptional landscape, the Project vision is committed to preservation of the landscape and the

wildlife through a low-density development.

Welcome to Guacamaya

Republic of Costa Rica.San Jose.Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Nicaragua and Panama.Democratic republic.Dr. Oscar Arias Sanchez.4,133,884 ( July 2007 estimate).1.41% (2007 est.).19,730 square miles, slightly smaller than West Virginia.802 miles.Spanish (official), English.Literacy: Total population: 95%.$12,500 (2006 estimate).Costa Rican colon (CRC).

Located in Central America, Costa Rica is a prime destination for North and South Americans and Europeans, including those seeking second homes or retirement alternatives. Offering a variety of geographical diversity such as exotic flush rain forests, towering volcanoes, and exquisite beaches, the country is no bigger than the State of West Virgina, making its wonders easily accessible from any region within its borders.

Costa Rica is a peaceful democratic country with a stable government. The “Ticos” do not have an army and devote their government funds to education and environmental efforts. Their education system is ranked 40th in the world for its quality1.

The Costa Rican population has a literacy rate of 96%,2 and although the official language is Spanish, English is widely spoken. Geographically, Costa Rica consists of volcanic mountains that separate its coastal plains, and possesses the greatest plant and wildlife species in the world.

Official Name:Capital:Location:

Government Type:President:Population:Population growth rate:Area:

Coastline:Languages:Literacy:GDP Per Capita (PPP):Currency:

Source: The World Fact Book, Economist Intelligence Unit, República de Costa Rica.

1. World Bank’s Worldwide Governance Indicators 1996-2006 report. 2. 2006 Human Development Report.

Facts

About Costa Rica

Statistics posted by ICT state that the number of annual international visitors has grown at a compounded annual rate of over 11% in

the past five years.4

The increase in tourism has boosted the country’s economy, and created an urgent need for increases in the service industry, thus

creating new jobs and raising the income and standard of living of the local communities.

Most of the professionals in Costa Rica’s labor force, foreign and local, live in the San José area and work throughout the country.

The majority of the goverment agency headquarters are located in San José, reason for which it is still the development

and legal center of the country , however the rapid tourist development in Guanacaste has demanded a shift in operations away for

San Jose, with many of the major legal, and goverment agencies opening offices aling the Pacific Coast. The Capital city’s residential

area has expanded largely over the past five years in order to accommodate the growing population with much needed

residential inventory.

Costa Rica represents the most transparent real estate market in Central America, the fifth in Latin America and 45th globally.

The country is also ranked highest in Latin America for political

stability due to political initiatives that have transpired into the

real estate sector.5

Another advantage of developing in Costa Rica is their

National Public Registry. The registry’s system protects investors

from hidden claims, and provides clear and understandable titles

for real estate properties. Thanks to their National Registry System,

Costa Rica has been ranked by the World Bank as fifth in property

registration in all of Latin America and the Caribbean.

The combination of the mentioned factors makes Costa Rica an

ideal place to invest, live or own a second home.

4.Costa Rican Tourism Board 5.World Bank’s Worldwide Governance Indicators 1996-2006 report

TRAVELERS TO COSTA RICA

Guacamaya is a place where the Pacific Ocean meets one of

the most diverse natural environments in the world. With over

2,000 acres along 7 miles of the Guanacaste coastline, Guacamaya

sits in one of the most western points along the North Pacific

coast of Costa Rica. To the north lies the pristine lands of the

Santa Rosa National Park, and to the south, the endless beaches

and cliffs of the Nicoya Peninsula. To the west, the

views of the Catalina Islands and beautiful long sunsets.

Guacamaya

Guacamaya is an incredible collection of year-round green valleys,

soaring cliffs, pristine half-moon beaches and rolling hills. This

is where the sportsman and nature lover come to find their slice

of heaven on earth!

GuacamayaProject Description

- The property consists of two hotels, one anchor hotel a Ritz-Carton Reserve with approximately 120 villas and associated for-sale condominiums and branded residential with another boutique hotel destined for Playa Celeste.- A Reese Jones championship 18 hole golf course.- Golf Residential homes, many with long water views.- Equestrian center.- Retail village.- The Guacamaya Beach Village, a beachfront residential development with over 71 titled beach front and walking distance to the beach. - The Hilltop estates consist of over 65 estate homes with panoramic water views atop Guacamaya hill.- State-of-the-art Marina, 175 slips with mega yacht accomodations and services, a private yacht club, restaurant and salt water pool.- The overall project has approximately 1,500 for-sale residential estates condominiums, villas and lots, and is accompanied by over 20 miles of nature and sports trails.

GuacamayaOverall Master Plan

Reese JonesChampionship

Golf Course

EquestrianCenter

Canopy Drive

Guacamaya Beach

Marina at Playa Celeste

Ritz-CarltonReserve

GuacamayaProject Phases

First Phase

Second Phase

Third Phase

Consists of Construction of all public infrastructure, construction of the ritz-carlotn reserve, reese jones

championship golf course and hilltop estates.

Consists of Guacamaya’s beach village reserve residnetial village, and the marina.

Consists of the Golf Course Villas, equestarian center, second boutique hotel at playa celeste and

assocaited residential.

GuacamayaProject Sections

BeachVillage

GuacamayaBeach Hilltop

Ritz-CarltonReserve

ZapotalBeach

ZapotalBeach

PlayaCeleste

MarinaGuacamayaAerial view of

and corresponding components

GuacamayaConceptual Site Plan

Site Summary

MarinaOverall Master Plan

Beach VillagePlantation Estates Master Plan

Hill TopMaster Plan

Enviromental Impact Study and Viability Resolution: Described below in Phase

Phase 1:

Field cleaning, land works, streets construction, placement of pipeline, placement of electricity posts, telephone, sidewalks, etc.

Phases 2 & 3:

Building’s construction and operation of Hill side villages, Beach Village, The Plantation, Hilltop and Resort.

The number of buildings for each residential section are:

Beach Village 70 houses, Hillside village 115 houses, The Plantation 130 houses, Hilltop 270 houses and Resort consist of a main

building, two club houses, villages, bars, swimming pools and restaurants.

Desalinization permit.

Model of desalinization plant is GE-SWRO-200C.

The desalinization plant has an estimated production of 2200 cubic meters per day.

It desalinizes by reverse osmosis and energetic recovery.

Principal advantages:

• Utilization of the most abundant water source in the world.

• Reduces pressure on the scarce resources.

• Main availability of water potable for local communities, without increasing the price of consumption.

Environmental viability for water wells.

Water extraction of wells PG-12, PG-13 and one hand dug well. The approved water extraction is: PG-12, 2,7 liters per second; PG-13

6,3 liters per second; hand dug well, 5,0 liters per second.

Tree cutting permit.

The tree cutting permit is for 1292 individuals located in the Beach village and along the existing roads known as Back of House and

HillTop. The trees that are going to be cut have no commercial value.

Tents and Sales office.

Construction of a house, warehouse and swimming pool. The total area consist of 542 square meters for the house, 200 square meters

for the warehouse and 35 square meters for the swimming pool.

Tourist Dock Permit.

Provisional tourist dock, 149 meters long of wood over pilots, that provides service for little ships and boats. It provides access to

Guacamaya by the ocean.

GuacamayaPermits Summary for