House in Aradipou,Larnaca by LaTerseRealty

Investment teaser:

ARADDIPOU | LARNACA “A unique investment opportunity”

Contents

1. Why Cyprus? 2. Project Description 3. Why invest in this project 4. Immigration Permit 5. Project Finances APPENDIX A. Immigration Permit: Financial & Qualitative Criteria

1 Why Cyprus? Highlights

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Member of EU with the Euro as official currency 300 days of sunshine with an average annual temperature of circa 20 oC Clean air and the cleanest bathing waters in Europe Both, blue flag beaches and mountain forests, within a horse drive A charismatic region in the winter and the warmth & beauty of the summer combined Low crime rate Excellent British education (30% of students are foreign) Excellent healthcare system

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Relatively low cost & high standard of living Highly qualified & multilingual workforce (English widely spoken) Sophisticated, high quality financial professional services and support Efficient British-based legal system Multi-cultural environment with a strong British, Russian and growing Chinese community Appealing business & investment environment: Wide choice of financial and legal services Excellent investment potential, real estate prices are low making it a great time to invest

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Investors seeking strong, long term returns, regard investment property in Cyprus as a mature market and sound investment area in which to expand their property portfolios. Cyprus allows dual citizenship and has no residency requirement The World Bank’s Doing Business Report 2014 ranked Cyprus 39th out of 189 economies and 16th out of EU28 for the ‘Ease of Doing Business’ ranking Largest Natural Gas find in the Mediterranean worth Trillions of Euro

1 Why Cyprus? Strategic Position

Vital gateway to Europe, the Middle East, Africa and Asia

Unlimited untapped opportunities: Attracting countless commercial endeavors

Cyprus is the only European Union Member geographically in Asia & the Middle East

At the crossroads of three continental zones in the Eastern Mediterranean Copyright ÂŠ Delfi Partners & Co. 2016

Pivotal business hub: Supporting essential partnerships

Excellent diplomatic relationships with both the West & East 4

1 Why Cyprus? Taxation Regime Extensive double taxation treaty network with over 48 countries worldwide No withholding tax on almost all royalties No capital gains on profits from the sale of shares, securities, bonds and units No tax on foreign dividends and interest received No thin capitalisation rules Cyprus IP tax regime can be utilised to achieve an effective tax rate of low 2.5% or even lower No inheritance tax No profits of a foreign Permanent Establishments (PE) tax, under easily met conditions No Controlled Foreign Company

Cyprus is the number 1 jurisdiction chosen by international tax planners because it has the lowest corporate tax rate in the entire European Union (a uniform rate of 12.5%) The OECD includes Cyprus on the White List of jurisdictions that have substantially implemented the internationally agreed tax standard All distinctions between local and international business companies have been removed. The taxation of companies is now based on residence Confidentiality is protected by legislation

1 Why Cyprus? Legal Framework

Common Law Cyprus has a comprehensive, modern and forwardlooking legal and regulatory framework based on English Common Law principles

Reliable Cyprus offers foreign businesses a familiar and reliable legal framework, which is today considered to be one of the most favourable in Europe

IMF Member Cyprus is a Member of the British Commonwealth, Council of Europe, IMF, UN, World Bank and WTO

IFRS Standards Generally Accepted Accounting Principles (GAAP) & International Financial Reporting Standards (IFRS) adopted positively affect the procedure for formation of companies in Cyprus

EU Member Cyprus is an Independent, sovereign Republic with written constitution and a EU Member State

1 Why Cyprus? Infrastructure

The local infrastructure is ideally suited for business-people who need to get things done

Airports

Ports

Network

2 International Airports

2 Bustling Ports

Modern Road

Larnaca & Paphos

Larnaca & Limassol

Network

Telecommunications

Sports

Schools

Major Telecommunications

Golf, Tennis, Horse

Numerous European

Hub

Riding, Skiing, & Water

Universities & English

Sports

Private Schools

2 Project Description

Project in Larnaca The project consists of a 276 sq.m. parcel and a detached 270 sq.m. house in Aradippou, Larnaca.

Size

276 sq.m.

Building Density 100% Plot Coverage 50% Number of Floors

2 Project Description. Ground Floor

The house is fully equipped. There is solar water heater, central heating system and air-conditions that cover all the areas.

On the ground floor there is a living room, a kitchen, a WC and a storage room.

2 Project Description. First Floor

On the first floor there 4 bedrooms and a main bathroom. One of the bedrooms is the master bedroom. The master bedroom has a separate WC and bathroom.

2 Project Description. Second Floor

The second floor is autonomous. Second floorâ&#x20AC;&#x2122;s plumbing is separate from the rest of the house. Copyright ÂŠ Delfi Partners & Co. 2016

The second floor is currently used as a library and office.

The second floor can be easily transformed in studios and be rented.

2 Project Description. Location: Larnaca

Larnaca has a service dominated local economy which relies mainly on tourism, warehouse, logistics and the International Airport. There are many plans to regenerate the city, with the most recent being the temporary use of its port as the main hub for the oil and gas exploration vessels Larnaca’s seaport is the second largest in the free part of Cyprus Because of its proximity to the coast it attracts many tourists and has numerous overseas residents who have acquired holiday homes in the district

The city is well-known for its picturesque sea-front which includes rows of palm trees. Much of the activity is centred on the city promenade during the major festivals. The City is divided into two parts namely, an older city centre and a chain of hotels and restaurants along the beach, known as the ‘Phinikoudes’

3 Why invest in this project. The market

Business center Economic recovery in Cyprus is expected in record time, despite the challenges faced in the last years. Thanks to the Government's commitment to achieving economic recovery and growth, Cyprus has managed to turn the page, successfully facing the island's economic challenges, and establish itself as a thriving business center.

GDP growth GDP growth and other

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4 Immigration Permit Requirements In pursuance of the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of Interior, having notified the Council of Ministers, has decided to issue an Immigration Permit to applicants from third country, in cases where the following conditions are satisfied:

€30,000 bank deposits in Cyprus

€30,000 annual income

Clean criminal record

The project in Aradippou is ideal for immigration permit purposes

Immigration Permit Do not work in Cyprus

1 visit in Cyprus per 2 years

5 Project Finances

Property size: 270 sq.m. | 3 floors

Location

The property is located 4 km away from Larnaca’s International Airport, 3 km from Larnaca’s city center and in a very close distance from many attractions, such as the Hala Sultan Tekke, the Pierides Museum and the Rizoelia Forest

The market Cyprus is a thriving business center and investing in Cyprus properties is a safe way to have an excellent return for your investment. This year GDP growth is expected, while the prices remain competitive

Immigration Permit

An Immigration Permit can be issued to applicants from third countries, in cases where they invest in a property with a total market value of at least €300.000

Price

€350,0001

1 In this price the furniture is not included. In case that the furniture is also desirable, the price is negotiable.

5 Project Finances. Investment Options Currently the Property is under Ownership Occupancy. However, the second floor can be easily separated from the rest of the house and rented.

Ground floor and 1st floor: Ownership Occupancy 2nd floor: Long-term Tenancy

Option 1

> Under Option 1, the buyer will be able to stay at the house either permanently or during vacation and at the same time income produced from the 2nd floor, will cover houseâ&#x20AC;&#x2122;s maintenance and operating expenses.

Option 3

The property as a whole: Long-term Tenancy > Under the 3rd Option, the buyer will have a greater income during the year.

Ground floor and 1st floor: Short-term Tenancy 2nd floor: Long-term Tenancy

Option 2

> Under this Option, the buyer will be able to have considerable income during the year and at the same time be able to visit the house during holidays.

Note: The list of Options is not extensive and should not be considered inclusive.

Contact Details Advisors Delfi Partners & Company T: +357 22 000060 F: +357 22 000080 E1: realestate@delfipartners.com E2: info@delfipartners.com W: www.delfipartners.com

APPENDIX A. Immigration Permit: Financial & Qualitative Criteria  The applicant should submit a confirmation letter from a financial institution in Cyprus that he has deposited a minimum capital of €30.000 into an account, which will be pledged for a period of at least three years. It must be proved that the said amount has been transferred to Cyprus from abroad.  The applicant, together with his spouse, should prove that they have at their disposal a secure annual income of at least €30.000. This annual income should increase by €5.000 for every dependent person. This income should derive from abroad, and may include salaries from employment, pensions, dividends from shares, fixed deposits, rents a.s.o.  The applicant should submit, with the application, title deeds or a contract of sale in his name and/or his spouse, which has been officially deposited with the Department of Lands and Surveys, for a dwelling or other building, of a total market value of at least €300.000 (V.A.T. is not included therein) and official receipts for the payment of at least €200.000 (excluding V.A.T.), irrespective of the date for the delivery of the dwelling. It should be stressed that the full payment of the value for the dwelling shall be settled in an account in a financial institution in Cyprus. The abovementioned amounts must be proven to have been transferred to Cyprus from abroad.  It is noted that the purchase of a dwelling may be accepted even when made in the name of a Company and not in the name of the applicant, provided that the Company is registered in the name of the applicant and/or in the name of the applicant and his spouse and he/they are the sole shareholders. In the event that the shareholder of the company is another legal entity, it must be proven that the sole shareholder of the said legal entity is the applicant and/or the applicant and his spouse.  The applicant and his spouse must submit a confirmation of a clean criminal record from their country of residence and generally they should not be considered as a threat in any way to the public order or public security in Cyprus.  The applicant and his spouse shall confirm that they do not intend to be employed in Cyprus in any direct or indirect manner. It is to be noted that the applicant and/or his spouse may be a shareholder(s) in a Company registered in Cyprus and the income from the dividends of such a company in Cyprus are not deemed an impediment for the purpose of obtaining an immigration permit.  The applicant and his family included in the Immigration Permit, must visit Cyprus at least once every two years.

Disclaimer ÂŠ 2016. Christina Georgiou [Larnaca: Cyprus] > The Information herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example purposes only. > As between you and Christina Georgiou, you acknowledge that Christina Georgiou owns or has a license to all title and copyrights in and to the content provided in this presentation. All title and intellectual property rights in and to any licensed content provided in this presentation is the property of the respective content owners and are protected by applicable copyright or other intellectual property laws and treaties and subject to use restrictions under such laws or treaties. > Christina Georgiou on its behalf and for the Vendors or Lessors of these assets whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Details are given without any responsibility and intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of Christina Georgiou has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all prices and rents are quoted exclusive of Christina Georgiou. > The information in this document is confidential to the person to whom it is addressed and should not be disclosed to any other person. It may not be reproduced in whole, or in part, nor may any of the information contained therein be disclosed without the prior consent of the directors of Christina Georgiou. A recipient may not solicit, directly or indirectly (whether through an agent or otherwise) the participation of another institution or person without the prior approval of the directors of the Company. > The contents of this document have not been independently verified and they do not purport to be comprehensive, or to contain all the information that a prospective investor may need. No representation, warranty or undertaking, expressed or implied is or will be made or given and no responsibility or liability is or will be accepted by the Company or by any of its directors, employees or advisors in relation to the accuracy or completeness of this document or any other written or oral information made available in connection with the Company. Any form of reproduction, dissemination, copying, disclosure, modification, distribution and or publication of this material is strictly prohibited.