Gran Pacifica Resort Nicaragua Real Estate: Beachfront Condos and Homes. Golf and Surf. Sales and Rentals.

Pacifica Golf Associates, Ltd.

This is your opportunity to get involved at the front end of something usually reserved for insiders. Investors that participate in the Pacifica Golf Associates, Ltd. development project are joining the development team. While predicting returns is impossible, history shows us the incredible returns made by developers selling golf condos in other Central American countries.

Of course there are risks in every investment, but by limiting the downside and offering an incredible upside potential, Pacifica Golf Associates is offering something unique in today’s investment scenario. Team members like a large international hotel chain, Ernst and Young, Ron Zurcher, Tommy Haugen golf course architect and builder, and a cadre of influential Nicaraguans create a powerful team adept at dealing with the many challenges that face a project of this scale.

Pacifica Golf Associates is a joint venture project with Gran Pacifica Resort (GPR). Under the proposed agreement, Gran Pacifica Resort and Pacifica Golf Associates are part of a 50 / 50 joint venture with respect to golf course real estate sales revenues. All operations related revenues will belong solely to Pacifica Golf Associates.

Tommy Haugen, President of T L Haugen Design, Inc. is president of PGA. His firm sculpted 18 holes of superb resort golf on which 4 out of 18 holes play to, on, or away from the ocean for unparalleled ocean play in the region. There will be four sets of tees (plus seniors) and dark volcanic sand bunkers throughout. Golfers will enjoy grand vistas and the golf will offer a tremendous amount of variety and excitement. Additional plans are in the works for as much as 45 total holes as part of the Gran Pacifica Master Plan including 9 more resort course holes and an additional 18 holes of championship golf.

Initially a total of 10,000 sq. ft. of public facilities associated with the course will be built including a pro shop, restaurant, locker rooms, pool and grill/pub. An exceptional practice facility with actual greens that can play as a short course and serve as the centerpiece of a state of the art Learning Center will be added once the demand exists.

 

The Pacifica Golf Associates Team

Pacifica Golf Associates (PGA) will be led by Tommy Haugen, Golf Course Architect, creator of such well known courses at Stonebrooke Golf Club, Siran Glen Golf Club, Pine Island and the Preserve at Stonebrooke. His firm, T.L. Haugen Design will take the responsibility to construct the first 18 of 27 holes designed and surveyed to date. The following individuals and companies comprise the members of the Pacifica Golf Associates team.

• Mr. Tom Haugen, President
• Mr. Joel Nagel, Gran Pacifica’s CFO
• Mel Henninger, Gran Pacifica’s VP of Finance
• Michael Cobb, Project Advisor
• Urban Design Associates (UDA), landscape firm (Disney Celebration, Pinehurst)
• TL Haugen Design, Inc., golf course design and construction company
• Hydrologic Irrigation, Inc., golf course irrigation design and consulting
• D Haugen Construction and Irrigation, specialists in irrigation installation
• Amanco, S.A.
• Jach USA
• D' Guerreros, S.A.
• Trayma, S.A.

The Investment

An investment into Pacifica Golf Associates (PGA) is an investment into a joint venture project between PGA as golf course developer and golf course community developer along with the Gran Pacifica Resort as the overall master developer. Funds raised through the sale of shares in the PGA will be used for the construction of the first 18 holes of golf at Gran Pacifica and will provide seed funding for the golf course condominium and villa construction in phase two. In the second phase upon golf course completion, PGA will have the right to build golf front condos and villas on approximately 20 acres inside and adjoining the current golf course layout and have options for future development in additional areas of golf course development upon the successful completion of the initial golf course.

You will become part of the development team which will profit from the retail sales of condos and villas on the golf course, as well as from one time and recurring golf course revenues. Based on a fully diluted share issue, the returns should exceed 5 times the investment amount over 7 to 10 years at the current shares prices of $12.

However, there is the likely possibility that the TIF law will pass and become implemented between the first and second years of construction and that the remaining funds for the course will be secured through a bond mechanism drastically reducing PGA´s capital requirements from investors. What this will mean for year-1 investors is that instead of diluting the ownership by several additional rounds of funding, ownership will be limited to approximately two fifths of the maximum number of shares to be issued. If this scenario occurs as expected, investors could see returns in excess of 1500% over the same 7 to 10 year period.

A total of 500,001 shares will be authorized. Gran Pacifica Resort, S.A., will not be a shareholder in PGA but under a separate joint venture agreement will be entitled to 50% of the net profit from all real estate sales within PGA’s project. PGA will be entitled to a minimum of 100,001 shares of stock (20%) plus a pro rata stake with all investors in any un-issued shares in the company that are authorized by the company but not sold.

The second 100,000 shares will be offered to investors at an initial price of $10.00 per share. They will be offered until January when dirt work will commence. A maximum of 100,000 shares will be offered at this price. After ground breaking, the price will move to $12 per share. The balance of any remaining shares in the initial 100,000 shares plus a maximum of 100,000 additional shares will be sold at $15 per share until they are either sold out, or until the rough land work and ponding is complete.

At that point, the next 100,000 shares will be sold at $20 per share until sold out or irrigation and stage II work is complete. Once irrigation is complete and “grow- in” begins, the share price will be $25 per share. Up to 100,000 shares will be sold for $25 per share through completion of the greens and tees, clubhouse and equipment build out.

Shareholders of Pacifica Golf Associates will be entitled to a discount membership to the golf course. There will be a total of 300,000 shares offered for Investment Membership. The first offer is $15,000 and includes full membership for 1 person at 50% off plus $10,000 stock equity investment in the golf course condo development, reflecting a $10 per share price.

Golf (Full) Membership includes membership to all facilities, pool, tennis courts, and social. This is an initiation fee, initially only single memberships will be sold totaling 400. The first 100 memberships will be $10,000 each before ground breaking of golf course and/or Board action. The second 100 memberships will be $15,000 each before completion of Phase I construction and / or Board action. The third 100 memberships will be $20,000 before completion of Phase II construction and/or Board action. The fourth 100 memberships will be $30,000 before completion of the golf course and/or Board action. These memberships are non equity memberships.

T.L. Haugen Design will begin construction of the golf course in the dry season of 2006 with gross dirt moving and construction of a dam on the San Diego River for a water reservoir. 2007 and part of 2008 dry season will be dedicated to irrigation and final dirt work. Final work will commence in 2008 with final grading and grassing of greens, tees, fairways, and roughs, along with the construction of a clubhouse and purchasing required carts and maintenance equipment.

Act Now

Pacifica Golf Associates is indeed a bold effort by creative and innovative businessmen with a clear understanding of history and a pioneering vision of the future. Simply put, by arriving early in this market we expect to achieve superior returns. A sound strategy is in place to ensure success. Good tools provide the resources for effective growth. And finally, a team of experts is assembled to execute the plan. PGA has a winning team, superb tools, and is fortunate to be in the right place at the right time with the resources necessary to execute the plan.

You too can join the team. You can be the developer and reap the windfall profits associated with this project. This is your invitation to say yes to something that will create a more prosperous future for you, your children, and your grandchildren.

For more information on how to invest in the project or to receive information about scheduled investor tours, send an e-mail now to tommy@granpacifica.com or lennette@granpacifica.com.