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* Returns are paid once project is operational and sufficient cash flow is available to support distributions. MEDELLIN - BOGOTA PREP COMBO One real estate investment opportunity in Colombia's two most dynamic cities. ESTIMATED DIVIDENDS 9.7% 100% PROFITS TO INVESTORS UPON SALE

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Page 1: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

* Returns are paid once project is operational and sufficient cash flow is available to support distributions.

MEDELLIN - BOGOTA PREP COMBOOne real estate investment opportunity in Colombia's two most dynamic cities.

ESTIMATED DIVIDENDS 9.7%

100% PROFITS TO INVESTORS UPON SALE

Page 2: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

| 2FAR International - Apartment International

The acronym PREP stands for Packaged Real Estate Project, which is a signature investment vehicle designed by FAR International.

This investment structure allows multiple investors the ability to participate in a hand-picked, fully turn-key real estate investment project that produces cash flow and equity.

In short, our expert investment team finds low cost real estate in desirable or up-and-coming areas that present exceptional opportunities in the short-term vacation rental market.

By purchasing older properties, and using our expertise to totally renovate the space for maximum rental potential, we are able to maximize the returns.

A PREP is fully managed by our local, on-the-ground team from selection and rental assessment, right through to the renovation, interior design and presentation on our rental listing websites.

We then manage the successful rental of the property via our extensive team of marketing specialists, booking agents, concierge and hospitality staff.

FAR International has been doing these types of packaged investments for the past five years and has continually been fine tuning the development and investment process for our investors.

We are pleased to present to you our latest offering which is our twelfth over five years and is comprised by two properties in two cities: Medellin and Bogota

WHAT IS A PREP?

Our properties are located in different strategic areas of Medellin and Bogota such asEl Poblado, Jardines de Envigado, Laureles and Chapinero. These are all areas of

increasingly high tourist demand.

Page 3: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

| 3FAR International - Apartment International

- 9.7% Estimated Annual ROI*

- 100% of the profits to investors upon project sale

- Investors will be eligible for a Colombian TP 7 Investors Visa ($26,000 USD)

- Minimum investment amount of $25,000 USD

- Diversification: Acquiring ten rental units in two of Colombia’s two largest cities: Medellin and Bogota

- Realize above average rental returns for the Medellin and Bogota short term rental markets

- Property Management Services offered at a discounted 15% rate, discounted from our standard 20% rate

- Discounted investor rental rights

KEY INVESTORBENEFITS INCLUDE

* Returns are paid once project is operational and sufficient cash flow is available to support distributions.

Page 4: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

* The After images are for design reference only

MEDELLIN - LAURELES PROPERTY INFO

● The Medellin property will be subdivided into four apartments plus one private studio space. All the apartments will have independent access, kitchens, bathrooms and amenities.

● Certain common areas of the buildings will be upgraded, (Main door, painting in first and second floor, lighting, communal terrazzo).

● Low carrying costs and great natural lighting in both properties.

● The Medellin property is located in the heart of all the main tourist hotspots in Laureles.

● The property is one block away from la 70, an avenue filled with bars and restaurants.

● Furthermore, the stadium sports complex and metro station are only five minutes away from the Laureles property.

| 4FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Before After

Page 5: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

* The After images are for design reference only

BOGOTA - CHAPINERO PROPERTY INFO

● The property will be turned into five studio apartments, creating diversification and increasing its rental potential.

● The Bogota property is located in the heart of all the main tourist hotspots in Chapinero.

● The Chapinero property is close to a variety of interesting sites: Teatro Libre de Chapinero, Lourdes Church, Konrad University headquarters, two lush parks and a Police Station.

● The area is currently being improved to ensure a better mobility and nicer green areas.

● The studios will have independent access, kitchens, bathroomsand amenities.

| 5FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Before After

Page 6: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

MEDELLIN - LAURELES PROPERTY INFO

| 6FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Apartment proposed intervention

Our FADS team has improved the original layout of the apartment to maximizerental potential

Area: 192 m2

Apartments: 4

Suites: 1

Each apartment will have an independent bathroom, kitchen, work spaceand amenities.

The mini-suite (no kitchen) will havea private bathroom.

Page 7: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

BOGOTA - CHAPINERO PROPERTY INFO

| 7FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Apartment proposed intervention

Our FADS team has improved the original layout of the apartment to maximizerental potential

Area: 156 m2

Studios: 5

Each studio will have an independent bathroom, kitchen, work spaceand amenities.

Page 8: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 8FAR International - Apartment International

1. Subdivide into nine rental units plus one Suite with all new finished materials

2. Modernize all mechanical, plumbing and electrical systems to a high standard

3. New lighting design to enhance contemporary ambiance

4. Add design finishings and well-appointed furniture and appliances including a communal washer and dryer area

5. Add work spaces and furniture features6. Upgrade communal areas

DESIGN CONCEPT

“To offer uniquely styled rental apartments, ideally located in the most central and sought after locations in Bogota and Medellin with premium interior design, modern comfortable finishings and top quality materials at a reasonable price to our clients”

RENOVATION OBJECTIVES

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Chapinero Property total size: 156 sq meters / Laureles Property total size: 192 sq meters

Page 9: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

SAMPLE PREVIOUS PREPS

| 9FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Bosques de Provenza - 301

http://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32676-cool-has-a-new-address-in-medellin

http://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32719-astonishing-loft-in-laureles-in-medellin

http://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinhttp://www.theapartmentmedellin.com/en/rentals/32675-loft-style-living-in-incredible-neighbourhood-in-medellinOasis Suites - Sands

Oasis Suites - Palms Bosques de Provenza - 103

Page 10: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

In a city of nine million people, Chapinero Alto is becoming one of the highest demanded areas for short term visitors. It has the best accommodation options and restaurants in all of Bogotá. It is a trendy location in between the expensive areas to the north (Parque 93, Zona T) and the touristic areas to the south (Centro, Candelaria).

CHAPINERONEIGHBORHOOD

| 10FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Page 11: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

CHAPINERONEIGHBORHOOD

| 11FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

*Currently the surroundings of the property are being upgraded

Konrad University

Historical Theater currently under renovation

Historical Lourdes Church

Page 12: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

LAURELESNEIGHBORHOOD

| 12FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

One of the main features that attracts tourists to Laureles is the walkability of the neighborhood. Everything that you could want is within easy walking distance and the area itself is not only safe but very pleasant to be in. Unlike El Poblado, Laureles is very flat, making it very easy to get from one place to another.

For our rental clients, this kind of lifestyle is very attractive, especially for our repeat customers that prefer to have a more authentic experience in Medellin. We are seeing growing demand in this sector of Medellin every year for both rental and purchases. In fact Laureles is the second most requested area for our foreign visitors and tourists.

Laureles is a traditional and exclusive neighborhood of Medellin. It contains some of the most frequented nightlife destinations of the city:70th Street (La 70) and 33rd Street (La 33).

Both of these major thoroughfares have dozens of bars, restaurants and cafes that are filled to brim every weekend with every kind of music imaginable.

Another great benefit of the area is the ease of transport. The property is located a couple of blocks away from the Estadio metro station and there are frequent buses or access to taxis to go downtown or into Poblado very conveniently. Also, Laureles has plenty of bicycle paths which include free bycicling rentals.

Page 13: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

LAURELESNEIGHBORHOOD

| 13FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Stadium - Sport Complex

Av. Nutibara Restaurants

Primer parque de Laureles

Page 14: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 14FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

CHAPINERO LOCALATTRACTIONS

El Cañón del Chicamocha Breakfast

Zona G Chapiner / Popular zone for Co-working spaces

Santafe Theather

10 minute walk to Calle 72 (Financial District)

15 minute taxi to Centro, La Candelaria, Monserrate

10 minute taxi to Parque la 93 (Zona T)

Konrad PREP

Parque de los Hippies

Calle 57 towards El Campín Stadium

BBC - Bogota Beer Company Restaurant

Libélula Dorada Theather

Santafe Theather

Theatron

1

3

2

4

5

6

8

H9

7

10

Main local attractions

Excellent access to the best life style, shopping,restaurants, bars and clubs of Chapinero.

1

9

H

2

H

3

8

74

6

10

5

Page 15: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 15FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Calle 70 (La Setenta)

Universidad Pontificia Bolivariana

Unicentro Shopping Mall

Restaurants Zone

El Teatrico theater

Carulla Supermarket

Cute Park PREP

Stadium - Sport Complex

Estadio Metro Station

Parques del Río Medellín

Laureles Segundo Parque

Laureles Primer Parque

Avenida 33 - Bars & Discoteks

LAURELES LOCALATTRACTIONS

1

3

2

4

5

6

7

8

9

10

11

12

13

Main local attractions

Excellent access to the best lifestyle, shopping,restaurants, bars and clubs of Laureles.

4

7

8

9

10

2

3

12

13

5

6

11

1

Page 16: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 16FAR International - Apartment International

● 9.7% Estimated Annual ROI*● 100% of the profits to investors upon project sale● Minimum investment amount is $25,000 USD* Returns are paid once project is operational and sufficient cash flow is available to support distributions.

Minimum investment amount (USD).......................... $ 25,000 USD

Total Building Acquisition (USD).................................. $ 289,707 USD

Total Project Investment (USD).................................... $ 735,373 USD

Exchange Rate COP/USD..................................................... 3,000

● Exchange rate is very favorable for US investors● Investment offers a hedge against the US Dollar● Perfect timing to invest in a rapidly developing tourist

marketplace● Investors will qualify for a Colombian visa● The project fills a gap in the market for quality

short-term accommodations in Chapinero andLaureles neighborhoods

Keys to the ProjectFinancial Summary Additional Investment Benefits

KEY INVESTMENT DETAILS

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Page 17: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 17FAR International - Apartment International

CAPITAL COST SUMMARY

Exchange Rate (COP/USD)

Building/Project Size (SM)

Acquisition Cost / SM (COP):

Building Investments (COP):

Acquisition Cost / SM (USD):

3,000

2,497,471 869,120,000

$ 832 $ 289,707

6,339,425 2,206,120,000Building investments (USD): $ 2,113 $ 735,373

348

Building Cost (On Purchase):

Total Project Cost (After Construction, Finishings, Furnishings & All Project Costs):

Key Figures

Cost / SMDescription Cost / Total

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Page 18: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 18FAR International - Apartment International

CAPITAL CONTRIBUTIONS SUMMARYPurchase Price (Two Properties)Purchase Commision paid (0.5%)3rd Party Commisions (Fund Raising Fees - If Needed)Closing Costs

808,000,000 16,000,000 33,000,000 12,120,000

Holding Expenses (Until Operational Including Taxes, Utilities, etc.)Permitting, Engineering & Structural Design Expenses Marketing Tourism, Building Registration, Photos, SignageLegal Fees (Promesa/Purchase Agreement, SAS Set Up, Partnership Contract, Other)Financial Fees

15,000,000

10,000,000

5,000,000

15,000,000

7,000,000

Full top to bottom Renovation: New electrical and plumbing systems and new insfraestructure and A/Cs

Furnishing & Appliances (Ten rental units)

500,000,000

400,000,000

Total (Pesos)

Total (US Dollars)

2,206,120,000

735,373

FARM fees: Market research, finding the deal, negotiation of purchase agreement, Project management Fees (renovation and furnishing budget Due diligence, Legal Coordination and oversight, Project accounting Services/tracking/issue payments/etc. fund raising) Architectural design, construction management, Furnishing design and purchasing, instilation oversight etc.

385,000,000

869,120,000

52,000,000 Total General Expenses

1,285,000,000 Total Renovation And Furnishing

Total Acquisition

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

Page 19: MEDELLIN - BOGOTA PREP COMBO - Lifeafar Investments · BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - rich@farinternational.com FAR International -

| 19FAR International - Apartment International

RENTAL INCOME MODEL

Room# Description Monthly Rent Day Rate USD Day Rate COP

Total Monthly Apartment Rental Income $ 14,100

Estimated Total Annual Net Rental Income $ 109,980

Net Annual Income (Pre-tax): $ 71,487Annual Rental ROI: 9.7%

Annual apartment Rental Income:Annual Rental Income (With 65% Occupancy):

$ 169,200 $ 109,980

Expenses (Fees, Commissions, Taxes, Cleaning & Maintenance):Expenses:

35 % 38,493

1

2

3

4

5

1098

7

6

Studio 1 - Chapinero (Bogota)

Studio 2 - Chapinero (Bogota)

Studio 3 - Chapinero (Bogota)

Studio 4 - Chapinero (Bogota)

Studio 5 - Chapinero (Bogota)

1 bedroom apartment with Balcony - Laureles (Medellin)

2 bedroom apartment with Balcony - Laureles (Medellin)

1 bedroom apartment - Laureles (Medellin)2 bedroom apartment - Laureles (Medellin)Suite - Laureles (Medellin)

$ 1,200

$ 1,200

$ 1,200

$ 1,350

$ 1,350

$ 1,500

$ 2,100

$ 1,200 $ 2,250

$ 750

$ 40

$ 40

$ 40

$ 45

$ 45

$ 50

$ 25 $ 75 $ 40

$ 70

$ 120,000

$ 120,000

$ 120,000

$ 135,000

$ 135,000

$ 150,000

$ 210,000

$ 120,000

$ 75,000 $ 225,000

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

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| 20FAR International - Apartment International

ADDITIONAL VALUE

● Locate and negotiate purchase terms of the properties with the sellers

● Design of the properties floor plans and layouts● Bid out renovation and manage all contractors ● Select the properties material finishings and

negotiate pricing● Manage the construction process on a daily basis via

our Design and Build Services team at a discounted fee structure specifically customized for these projects

● Oversee the interior design and furnishing stage of the projects

● Organize a premium photo shoot once the projects are completed and launched

● Oversee property management, cleaning and maintenance staff

● Organize and set-up of a Colombian SAS (a Colombian Corporation) and a Panamanian SA (a Panamanian Corporation) in conjunction with Colombian Legal advisors, our Colombian Tax advisor and our Attorneys in Panama

● Establish a Colombian and a Panamanian bank accounts

● Provide investors with monthly accounting statements on the renovation process, operational status and rental income

● Facilitate annual accounting obligations via a Colombian Tax advisor

● Coordinate Legal requirements as needed with a Colombian Legal advisor

● Arrange 3rd party rental website promotion as needed for maximum exposure (such as AirBnB, VRBO, TripAdvisor, Homeaway, etc)

● Completely integrated Property Management Services at a 15% discounted rate

● Waive the standard monthly rental Administration Fees for these projects

Your Ownership Will Receive the Following Value Added Services/Expertise

Setup Organization Ongoing

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

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| 21FAR International - Apartment International

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

FAR International has created an in-house service to furnish all of our Colombian properties in record time. Before it might take 3 to 4 weeks to furnish an apartment.

Now, with our dynamic and creative team, we can furnish the same apartment in 24 to 36 hours, allowing us to generate cash flow for our investors sooner and enhance the quality of our furniture through excellent relationships with our best suppliers. Through diversifying the team and using expertise from in-house artists, industrial designers, architects, and others, our staff creates sophisticated spaces that optimize every square meter--while also cutting costs by creating exceptional furniture, accessorizing and decorations in-house.

FAR INTERNATIONALVALUE ADD: CREATINGEFFICIENCIES FORTHE INVESTOR

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| 22FAR International - Apartment International

START UP

PHASE

1MONTH

7MONTHS

2WEEKS

NOV2017

ProjectCommencement Renovation

Final Inspections, Marketing &

Accounting Set upOpening Date

Furnishing& Decorating

START UP PHASE

Startup specials and rental discounts will be offered during the first six months to encourage bookings and increase client feedback which help for maximizing positioning on third party websites.

AUG2018

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

A QUICKER TIMELINE THROUGHOUR IMPROVED EFFICIENCY

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VISA OPTIONS

| 23FAR International - Apartment International

Interested in receiving a Colombian VISA? Your PREP investment is the perfect opportunity to receive one of the following VISA options.

● 1 Year VISA, renewable TP7 Visa through your PREP investment. Minimum investment of 74,000,000 COP

● 5 Year VISA, renewable resident investor visa Minimum Investment 480,000,000 COP

Please let us know if you would like more info on VISA options and how to leverage your PREP investment to apply.

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

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FAR International has conducted extensive research with our tax and legal advisors in order to provide the best structure for our investors to maximize several key components of our investments including:

• Returns from cash flow/appreciation• Currency diversification• Tax minimization• VISA solutions and more. Now our PREPS investors will have the possibility to invest through either a Colombian Company (S.A.S.) or through a Panamanian (S.A.). Both companies will be managed by FAR International and will act as separate entities, they will only be related through capital injection. Investors opting for the Colombian S.A.S. will be able to use their investment towards obtaining a Colombian TP7 one year visa or use it towards obtaining a Colombia Five Year Investor’s Visa. Also, they can receive their dividends payments and any future

capital gains directly in Colombian Pesos in Colombia and compound those returns in their Alianza Valores brokerage account or Colombian bank account. The dividend payments distributions will have a 5% tax withholding that can be credited towards the US taxes declaration. Investing via the Colombia SAS will require the setup of a Colombian brokerage account. Investors opting for the Panamanian S.A.do not need to set up a brokerage account.To fund your investment, it is only necessary to send a wire transfer to our Panamanian bank account. The process is much simpler and faster; and there is no need to fill registration forms every time funds are brought into the project.

We will assist you accordingly in the funding process for either option.

| 24FAR International - Apartment International

OPTIONS FOR FUNDING

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

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INVEST TODAY

| 25FAR International - Apartment International

How to reserve yourPREP investment

● Send a 5% refundable reservationdeposit via the FAR PayPal account ([email protected]) or by credit card or with cash/transfer from a Colombian bank or brokerage account.

● Shares will be reserved on a first come first served basis.

● Investor will have five days once the deposit has been received to review the PREP Operating Agreement after which time the deposit will become non-refundable.

BOGOTA - MEDELLIN PREP COMBO | Investment Opportunity Contact | Rich Holman - [email protected]

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Please Contact:

Founder / Broker / Partner

FOR FURTHERINFORMATION

RICH HOLMANMedellin Investment Team

Investments CoordinatorCAROLINA CIFUENTES

[email protected]

(305) 393 8872 [United States](+57 4) 604 4991 [Medellin Land Line](+57) 314 863 0621 [Cellphone]

FAR InternationalGlobal Express Travel & Business CenterCalle 10 # 42 - 28, Medellin - Colombia

CONTACT US ABOUT BOGOTA - MEDELLIN PREP COMBO TODAY!

Rich Holman - [email protected]