Vantage Holdings S.A.

• Who are the developers? Vantage Holdings S.A. (Vantage) which is a Luxembourg registered company
• What other schemes is Vantage planning? Other similar schemes in Europe and the Middle East
  
  

Architects

• Who are the architects? World renowned Award – winning Architects “Foster and Partners” www.fosterandpartners.com
• What are they known for? Lord Foster is widely considered as the world’s greatest living architect and renowned for his environmentally friendly and sustainable architecture across the globe
• How have Fosters ensured Serrenia is environmentally friendly? The use of solar panels, recycled water and natural air cooling methods have been incorporated in the design
• What is their vision behind Serrenia’s design? They have been influenced by ancient Egypt, the sand dunes, Red Sea Coral and the developers brief to create the most luxurious waterside address in the world
  
  

Sahl Hasheesh

• What is Sahl Hasheesh Bay? A Bay master planned by the ERC (Egyptian Resort Company)
• Where is Sahl Hasheesh Bay located? Between Hurghada and Safaga – on the Egypt side of the Red Sea
• How big is Sahl Hasheesh Bay? 30 million square metres
• What else does it feature? Golf Courses, 5 Hotels, boardwalk, restaurants and bars
• What is the weather like? Year round sunshine, minimal rain, 30 degree summers and 20 degree winters
  
  

ERC – (Egyptian Resort Company)

• Who are the ERC? They are a shareholding company who own the exclusive development rights of Sahl Hasheesh Bay
• What do the ERC supply to the development? Infra-structure, water and electricity, sewerage and security
  
  

Consultants working with Vantage on the Serrenia Project

• Foster and Partners – Architectural Design
• Buro Happold – Engineering Services Design
• Dar Al-Handasah – Local Engineers
• European Golf Design – Golf Course Designer
• Camper & Nicholsons – Marina Design and operation
• Cushman & Wakefield – Residential Sales and Marketing Consultants
• WL | Delft Hydraulics – Water Management Studies
• ESPA – Health Spa Design and Operation
• Traxus – Master Planning Consultants
• WT Partnership – Cost Consultants and Quantity surveyors
• Ernst & Young – Auditors
• Engel & Völkers – Residential Sales and Marketing Consultants

VPMM – (Vantage Property Management and Maintenance Company)

• What will they be providing for Serrenia? Full facilities management to ensure the smooth running of the entire development
  
  

Taxes and Ownership

• Will Villas and Apartments be sold with a Freehold or Leasehold title? Freehold title
• Do I own the Freehold of the land that my property is built on? Yes
• Who will the management company be? VPMM – Serrenia’s own property management company.
• What guarantee do I have that my money is been spent effectively? VPMM will provide Landlords with audited accounts upon request
• What are the tax implications for a non resident? None – IHT ( Inheritance Tax) and CGT ( Capital Gains Tax) are not payable for non Egyptian Nationals
• We always recommend that you seek independent advice from an expert
  
  

Payment Terms

• Are mortgages available to purchasers of Serrenia properties? Yes
• How much is the Reservation Deposit? Between 5 and 15% depending on the value of the property
• Is the deposit refundable? Yes, up until the signing of the sale and purchase contract 100% of the deposit is refundable
• What are the remaining stages for payment?
  30% payable upon signing of contracts (less the initial deposit)
  25% payable upon construction of foundations
  25% payable upon completion of structure and roof construction
  20% payable upon final completion of unit
• When is completion expected? Early 2010
• What will the approximate annual service charge be? Estimated at $60 per sq/m
• What services will be included in this charge? Infrastructure maintenance such as: roads, lighting, rubbish collection, gardening (private and communal) and property maintenance
• What does the maintenance of my property include? Exterior building maintenance, electrical, plumbing, AC systems and cleaning
• Are there other costs involved in maintaining the property? None except we recommend that investors take out their own building and contents insurance
  
  

The Golf Course

• Who is designing the Golf Course? A European Golf Design Company (50/50 joint venture between IMG and the European Tour)
• Who can play on the Golf Course? It is for the use of the residents of Serrenia but some high profile events will take place and visitors can play by appointment
• Will there be an extra charge for using the course? Yes, residents will pay green fees for the use of the course
• What is the length of the Golf Course? 5800 – 7100 yards
• What par course is it? 72 Par
• Will there be additional facilities? Yes, a Golf training academy and a full range of practice facilities
• Where will water for the course come from? From a combination of fresh recycled and desalinated water
  
  

Camper & Nicholsons

• What will Camper & Nicholson do? Full facilities management of the Marina
• What services will Camper and Nicholsons offer? Water, electricity, black and grey water drainage, WIFI (wireless network) full staff service and security
• Will Camper and Nicholson offer a charter service for yachts for charter? Yes. Serrenia will have it’s own vessels for the exclusive use of residents
• How many berths will the marina have? 330
• What size yachts can the marina accommodate? 6M Yachts – 80M Yachts
  
  

The Marina Hub

• What is the Marina Hub? The “social heart “ of Serrenia , a central meeting place for shops, restaurants and the Spa
• What else does it include? A luxurious retails environment , sports complex health centre, admin and emergency services
  
  

ESPA

• Who are ESPA? ESPA are world renowned Spa operators and they will manage the Serrenia Spa
• What sets ESPA apart from the rest? ESPA combines the best of ancient and modern therapies with the finest quality ingredients and skin care advances
• What does the Serrenia Spa offer? The infinity and vitality pool, treatment palaces, a Zen studio offering meditation, yoga, personal training, indoor and outdoor relaxation pools and hair and beauty salons
  
  

Hotel

• Who will be the Hotel Operators? We are in discussion with some of the world’s finest operators
• How many rooms does the Hotel have? 200
• What are the Hotel’s main features? Ultra luxurious with unsurpassed service, speciality restaurants and a casino.
  
  

SERRENIA’s exclusive services

• Spa Services - relaxing passive spa and an energetic active spa.
• Luxury Car club - the exclusive use of vintage, exotic and luxury cars and motorbikes.
• Air Services - Private jets and helicopters to shuttle you in and out of the resort via the resorts own airstrip and helipads.
• Yacht Club and Water Sports Services - Including the chartering of vessels; sailing boats; speed boats; power boats; motor cruisers; super yachts; submarines; kite surfing; wind surfing; jet skis and Sub aqua diving.
• Private Chef Services - Access to a team of world class culinary experts from five continents available round-the-clock to provide Gourmet Cuisine/Catering services to residents. Butlers; waiters; party planners; entertainers; children’s parties including magicians and children’s entertainers are also provided.
• 24 hour Property Management facilities and Maintenance Services.
• Managed rental services.
• SERRENIA Tours - Private sightseeing and adventure tours to regional well known and lesser known historic sites, including trips into the desert and Nile cruises.
• Landscape design and maintenance services.
• Specialist tailoring, design and shipping services - Tailors for ladies and gentlemen; personal shopper; interior designer and shipping services.
• Sports, Courses and Classes - Including yoga, Tai Chi, meditation and other healing arts, music, swimming, golf, cooking, and flower arranging and art classes.
• Specialist import services
• Specialist catering service – Including daily fresh fruit and vegetables, and private catering.
  
  

What other facilities does SERRENIA offer?

• Jet Skiing
• Water skiing
• Sailing
• Scuba Diving
• Snorkelling
• Equestrian trails
• Serrenia Acqua Park
• Basket Ball, Tennis and Squash
  
  

Security

• What level of security will Serrenia provide? Serrenia is a gated community within a gated community. Trained security staff will be available 7 days a week, 24 hours a day
• Closed circuit television monitors will be in operation 7 days a week, 24 hours a day