Hotels and Motels

Osprey beach resort and Spa

Registration/Expiration date02.08.2010 / 02.18.2010
Business typeInvestments
Category
primary/secondary
Hospitality / Hotels and Motels
CountryMauritius
DescriptionPROPOSAL FOR A 35% PARTNERSHIP IN FLIC EN FlAC – OSPREY BEACH RESORT & SPA

Euros

Land Valuation: 4,000,000.-
Capital: 2,000,000.-

Building costs : 19,000,000.-

TOTAL: 25,000,000.-

For a 35% partnership :
Shareholder A: 55%
Shareholder B: 10%
Shareholder C: 35%

Required as only Capital/EQUITY participation for the 35% say

Euros 2,100,000

Loan from shareholders (Euros 5m i.e.35% 1.4m) Euros 1,750,000
Total Euros 3,850,000

Loan to be raised from financial institution: Euros 14,000,000.-

Debt/Equity Ratio:1.27:1

15% REGISTRATION FEES
2% NOTARY FEES EXCLUDED

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