VILLA II - FRACTION "C"

LAND

1,123.07 square meters or 12,084 Sq. Feet of deeded property with an additional 622 square meters or 6,692 Sq. Feet of concessioned Federal Zone.

CONSTRUCTION

Single family home constructed in two levels with a total of 386.64 square meters or 4,160 square feet of under-roof interior living space.

Lower level

Living room, dining room, kitchen, 1 bedroom with corresponding bath, 1 half bath, 1 laundry and storage room, optional detached service quarters or guest house with bath, kitchenette, covered storage and machine room, 2 enclosed parking spaces.

Upper level

2 full bedrooms and corresponding baths with ocean views.

Title Guaranty commitment issued by Stewart Title Guaranty, Houston, May 29th, 2002.

CURRENT CONSTRUCTION STATE AND ESTIMATED DELIVERY

VILLA I 12 Months from contract signing.

VILLA II Completed.

ZONING REGULATIONS

Land Use Single family residence only
Lot Coverage Index Approx. 30%
Population Mixed- Full time and Seasonal.
Density Low- 15 per Hectare.
Height Restriction 8 meters or 26.4 feet total.
Setback Restrictions 10 meters front, 10 meters rear & 2 meters side.
Public Services Water, electricity, garbage pickup

CLASSIFICATION OF THE PROPERTY

Number of levels Two.
Age of construction New
Probable Life 100 years +.
Project Quality Premium.
Present State Completed.

TYPE OF CONSTRUCTION

Type 1- Luxury, Premium Grade

COMPLEMENTARY DATA

Property regime Private.
Topography Flat.
Panorama Oceanfront.

CONSTRUCTION ELEMENTS

Foundation Reinforced concrete. (Losa de Cimentación sobre suelo mejorado)Grade beams and slab of reinforced concrete according to engineering specs calculated and approved by Ing. José Sinue Barragán, a licensed and registered engineer in the state of Jalisco.

Structure Reinforced concrete footings, load-bearing cinder block walls with reinforced concrete. Beams and columns minimum 20 x 20 cms.

Walls Solid cinder block 15 x 20 x 40.

Flooring & roof Single pour. Waterproofing membrane and clay tile.

INTERIOR FINISHINGS

Ceiling and walls Natural wood beamed and "medio pliego" ceilings. Beams pre-treated minimum 3 days in non-toxic pesticide. Painted stucco (Pulido) with rounded edges; Comex Vinimex vinyl acrylic paint.

Counters Bathrooms- Marble Dorado Tepexi Slab
Kitchen- Green Mariposa Granite
Floor covering Dorado Tepexi Marbol 60 x 60 x 2 cms.

EXTERIOR FINISHINGS

Walls Painted stucco; Comex Vinimex vinyl acrylic paint.
Walkways Natural stone or aggregate.

Landscaping Rockwork and plants including native species of the region and ground cover per architects sketches

INSTALATIONS

Hydraulic Each home is supplied by a 1000 GPD Spectra Reverse Osmosis desalination water treatment unit providing 100% potable water throughout the house. Backup supply is supplied by a community well by means of a 1 inch line (PVC) to a 10,000 gallon holding tank. Water is pressurized to 50-60 psi by a hydropneumatic water pressure system with ¾ hp Grundfos submersible pump and 325 liter pressure tank. All water distribution lines are CPVC Schedule 40 pipe in ¾ and 1 inch diameters. Hot water is provided by a 190L Rheem LP water heater via a recirculating system of CPVC Schedule 40 providing On-Demand hot water.

Sanitary Wastewater is drained through PVC (Duralon/rex) pipe ranging from 6"- 4" diameter to a 15 x 15 foot septic system located to the rear of each property.

Electrical The project will share service with the 3 neighboring villas from a new 75 kva transformer connected directly to a high tension supply via subterranean lines. The transformer will serve a total of 4 villas only so as to insure consistent and sufficient supply at all times. The project electrical system is a fully grounded 3 wire (12 GA.) system per circuit. The supply from the transformer will be distributed and controlled by a thermal breaker control box. The project itself will have a 125 amp monophase supply with 20-30 amp circuit breakers for each circuit. The project will contain rigid PVC conduit, fully cabled including telephone and television in each individual room. Estevez brand switches and contacts.

Lighting 12 Volt Low voltage Construlita Pin Hole 34/65 and wall washer 35/65.

Sound Occult; PVC conduit from central location to each area of entertainment.

Air Conditioning Mitsubishi Mini Split and Fan & Coil air conditioning divided in 6 separate individually controlled zones.

Gas Stationary propane tank of 1,000 liters, complete with fill line and permit.

Toilets Vitromex One Piece Essence White

Sinks Bathroom- Custom Marbol
Kitchen- Franke Double Stainless.

Faucets Urrea Modelo Tamara or Catania Stainless

Stairs Between levels- same material as floor in one piece tread with bull-nose and riser.

Carpentry Entryway door- Solid Amapa tropical hardwood.
Interior doors- Solid Amapa tropical hardwood.

Closets and cabinets including kitchen, dressing rooms and bathrooms- Amapa tropical hardwood with louver style doors.

Windows Amapa tropical hardwood; sliding/retractable and ¼ inch Filtrasol glass.

Hardware Schlage brand. Non-tarnish finish. Monthard bronze hinges

Kitchen appliances 36" Dacor Epicure Model ECS136 Electric Pure Convection Wall Oven; 36" Dacor Preferance Model SGM 365 5 Burner Gas Stovetop, Viking 48" Double Door Paneled refrigerator, Smeg Paneled 8 function dishwasher, Insinkerator garbage disposal. Franke Double stainless sink.

Special installations Pool filtering system by Jacuzzi 1.5 HP 220 volt pump, 22 inch Filter, auto chlorinator, low voltage lighting.
MasterCal LL-250 Pool heater
Electrical contract.
Water contract.
All plans, permits, social security (workman's comp) and liability covered by builder and included in sale price.

SALES PRICE VILLA I $3,750,000.00 USD

ALL CONSTRUCTION AND INSTALATIONS ARE COVERED BY A
1 YEAR WARRANTY COMMENCING FROM THE DATE OF DELIVERY.