Tourism investment italy

Group Tourism

Sector

Strictly Private and Confidential

Strictly Private & Confidential

Grand Hotel & Thalasso SPA

Real Estate

Cadastral data

Foglio 127, part. 212 sqm

Tot sqm

56.312

56.312

technical data

Grand Hotel, opened in the month of October, 2003, it is a 5-star complex,open the whole year round, with a unique architectural design which iscompletely covered by roof and wall gardens. It is shaped like anamphitheatre and it is set in a green pine forest.

The 100 rooms and 10 suites are all elegantly furnished; they each have aterrace overlooking the pine forest and are equipped with a lot of comforts(air conditioning, telephone, Sat TV, fridge, safe).

The Thalassotherapy Centre, located on the ground floor of Kalidria,covers an area of about 3,500 sqm and has a separate entrance for nonresidential guests and an internal entrance for the Grand Hotel guests.

Inside there are:

the medical area for entry check-up, preventive, nutrition,functional, beauty and aesthetic medicine treatments;

Thalassotherapy area with swimming pools and seawater areaswith 26 cabins for a large choice of water treatments;

relaxing area and massotherapy in tepid and hot hammams, saunas,showers, relaxing and herbal tea area, meditation room, 14 cabinsused for various massage and relax therapies;

fitness area with a gym equipped for fitness and cardio-fitnessexercises;

beauty salon with 10 cabins for face and body treatments, beautyand therapeutic solarium, hairdresser, cosmetics salon.

Investment value (land not included): € 29,844,300

Surface of the land sqm 56.312

Volumetry cm 49.695

Closed surfaces sqm 15.958

Open surfaces sqm 37.918

Rooms N. 110

Studio flat N. 100

Suite N. 10

Beds N. 220

Beds & extra beds N. 230


Real Estate

Hotel & Conference Center

Hotel and Conference Center started operating in July 2002 and is a 4 star hotel with:

194 rooms divided in 6 buildings all with air conditioning, telephone, fridge/bar, Sat TV and furnished terrace;

1 outdoor pool with seawater, of 800 sqm;

square/garden with 3 bars, disco area, amphitheatre for 600 people;

2 restaurants;

Specific areas for children, wellness and sport (2 tennis courts, 1 multi-purpose and 1 five-a-side football field)

The conference area is made up of a main room (flexible) seating 600people, with all technical facilities, three smaller rooms (70, 30 and 15seats), spacious foyer, reception and cloakroom.

The complex targets summer holiday tourists, group tourists during the low season and the MICE market segment.

Surface of the land

Volumetry

Closed surfaces

Open surfaces

Rooms

sqm

cm

sqm

sqm

N.

Studio flat N.

Two-roomed flat N.

Three-roomed flat N.

N.

N.

52.637

57.493

14.270

18.194

194

144

46

4

396

594Beds

Beds & extra beds

Cadastral data


Tot sqm

52.637

52.637

technical data


Eco-Lodge Suites

Real Estate

Tot sqm 185.729


Cadastral data

Foglio 127, part. 290 sqm 185.729

technical data

Opened on July, 2003.

It is a 5-star deluxe complex, open from May to October.

There are 124 suites in lodges, built entirely of wood, scattered in aforest area measuring 18 hectares.

The lodges are all independent from one another and are equipped withmany comforts: living and sleeping area, double bathroom with showerand whirlpool tub, air conditioning, telephone and modem socket, safe,spacious furnished veranda.

Reception, club-house, fitness area, breakfast area, grill and American-bar are spread around the magnificent seawater pool which is shadedby majestic pine trees.

The Coquì restaurant in Alborea, has a kitchen divided into sixindependent units. Coquì also has an external independent entranceguests and external customers, it is the ideal place to train the F&Bpersonnel.



Volumetry cm 49.362

Closed surfaces sqm 12.278

Open surfaces sqm 15.230

Rooms N. 124

Lodge two-roomed flat N. 124

Beds N. 248

Beds & extra beds N. 496

Real Estate

Entertainment Centre

Entertainment Centre opened on July, 2003. It combines traditional andexclusive attractions, food and beverage and shopping all wrapped up in anoriginal and prestigious architectural design.

The Centre was planned and built having in mind a creative concept: simulatethe discovery of the remains of an ancient civilization: the Felici (in English“Happy people”), a metaphor for those who lead a simple life and are in lovewith life itself. This concept has helped to develop educational, multimediaand interactive settings which bring shows and attractions to life such asIMAX Theatre and the simulator.

It can be included in the MICE offer thanks to the use of its attractions andalso for the spaces available such as: halls and theatres used as locations forevents, conferences or specific occasions.

According to the season “Day offer” can be aimed at : schools, with different visit schedules at a fixed price; groups, one day packages including food at a fixed price;

individuals with a “pay per use” formula for attractions, food and shopping

in the winter months the Cromie disco and additional Disco-Pubs are mainly used as clubs or for shows;

in the summer months it takes over the whole of Felisia and is set up inside in order to meet tourist and local demand for entertainment(outside disco “Estasia”, bar, restaurant, shops and other facilities).

sq

m

cm

sqm


Tot sqm

143.089

143.089Investment value (land not included): € 53,475,544


143.089

184.971

60.470

Surface of the land

Volumetry

Closed surfaces

Cadastral data

technical data

Patrimonio immobiliare


theme park: technical data

Theme Park The Park shares the same concept based on the fantasy legend of the

“Felici” civilization. It opened at the end of August 2003.

It is a theme park built like a large archaeological site spread over 50hectares of land. It offers artistic attractions as well as shows, gamesand mechanical attractions which are typical of an amusement park.

The Park also contributes to the MICE offer thanks to the attractions it offersand by taking advantage of the spaces it offers, halls and theatres can be usedas locations for events, conferences or specific occasions.



Volumetry cm 200.147

Closed surfaces

Cadastraldata

sqm 77.655

Foglio 118, part. 320 sqm 595.724

Tot sqm 595.724


Lands that have already been included in the zoning approved are designated for building 423,704 cubic metres of hotel units. About 73-hectare surface.

Lands that can be industrialized for buildings that are not envisaged in the Zoning Plan, to be granted approval. 434,786 cm can be used to build on a surface of about 115-hectar surface.

Lands that are not envisaged in the current building plan. A surface of about 156 hectares.

Real Estate – Areas to be developed

AREAS/FACILITIES Surface

(hectares)

Volume

(cm)

Building areas (sqm) Current destination Possible alternative

destinationClosed Open

Areas included in the Zoning Plan

Building areas 73,0 423.704 121.954 147.499 Hotels and Conference centre R.T.A. or residential villas

Areas not included in the Zoning Plan affected by construction plan

Areas "ex Enaoli" 69,8 60.000 20.000 35.000 Golf course R.T.A. or residential villas

Wooded areas 8,0 Golf course

Areas for agricultural 32,1 270.899 55.954 4.913 Aleppo, Outlet, Training Center R.T.A. or residential villas

Areas "Ex Conservificio" 5,0 103.887 20.301 n.d. Centro Servizi

115,0 434.786 96.255 39.913

Areas not affected by the construction plan

Expansion's areas 85,7 Expansion Area agricola

Equipped Green areas 32,6 Equipped Green

Natural reserve areas 8,9 Natural reverve

Coastal zone and bathing establishments 28,1 Coastal zone and bathing establishments

Other areas 0,5 "Principessa" Farm155,9

TOTAL 343,8 858.490 218.209 187.412

Company Profile

Valentino Village Srl in liquidation is a

company established for the construction and

development of tourism facilities, including

dining and commercial activities.

In the mid-90s, the company built the tourist

village “Il Valentino", initially consisting of 110

accommodation rooms, now expanded to 362,

with a capacity of 1,400 beds, which places it

among the largest hotel facilities in Southern

Italy.Since 2006 it has an ongoing lease contract with

the company Nuova Concordia S.r.l., for an

annual fee of € 1,500,000. This operation was

necessary to incorporate the Valentino in the

managing global operations of Nova Yardinia,

structured as a single location, allowing even

better appeal at an international level, for an

integrated MICE level.

From April 1st 2011 the management of

Valentino has been given to the Company

Greenblu S.r.l., which Company is controlled by

the same members of the Sofin SpA’s families.

The expiring date of the contracts is October 30,

2012 (renewable) with a renting fee.

Strictly Private & Confidential 13

Real Estate

Surface of the land

Volumetry

Closed surfaces

Open surfaces

Rooms


sqm

cm

sqm

sqm

N.

Studio flat N.

Beds

Two-roomed flat N.

Three-roomed flat N.

Four-roomed flat N.

N.

N.

122.919

71.000

22.350

108.661

362

79

189

88

6

924

1.473Beds & extra beds

Cadastral data

Foglio 127, part. 151



sqm

sqm

sqm

Tot sqm

82.000

17.522

23.397

122.919

Il Valentino: technical data

Il Valentino Hotel Village

Il Valentino Hotel Village is the first and largest of the hotel structures developed and started operations in 1996

Il Valentino is a 4 star Village Hotel with:

362 rooms with air conditioning, fridge, sat TV, telephone and furnished terrace;

2 swimming pools with a total surface of more than 2,000 sqm;

2 restaurants and 3 cafe/bars;

fitness and beauty area (gym, solarium, Turkish-bath and sauna);

sports fields (3 tennis courts, 2 football and 1 multi-purpose, archery);

an amphitheatre for summer shows for 800 seats;

a conference hall for 150 seats;

shopping area and parking.

Il Valentino offers high quality infrastructure and services aimed at amedium-high target group of customers. Its characteristics andfacilities make it ideal for the summer holidays and MICE market(meetings, incentives, conferences, events).


a) construction of two facilities that have already been included in the Zoning Plan, Pineta Golf Hotel Village and Le Sabbie del Tasso.

b) construction of 450 residential units “in villas” within a 49,3 ha area that the Zoning Plan designated for hotel units and conferencecenters, and residential units, and further 170 residences to relocate in other areas, as remaining volume of about 52,000 cubic metersallowed to build.

c) construction of more facilities that are not foreseen by the Zoning Plan within an area of 115 ha, in particular :

A Golf Course; within the Golf Course the building of 100 semi-detached residential units (Golf Exclusive Hotel Residence);

A hotel/residential unit (Aleppo Hotel);

An outlet shopping centre (Outlet Magna Grecia);

It is also included the description of other three structures, of which we are in possess of the preliminary planning, which can further increase the tourism potential of Nova Yardinia: a Tourism Management Training Center, a Service Center and a Tourist Port.


Industrial Development Project of the Tourism Sector

Introduction

Compared to the original development project, which contemplates the construction of tourist hotels and conference units, an alternative development option foresees:


E u ro '0 0 0

P ro fi t t & Lo ss A c c o u n t F o recast

20 10 2 01 1 2 01 2 20 13 2 01 4

A va ila bl e R oo m s 1 2 4 . 3 1 2 1 2 1 .7 7 4 1 1 4 .6 9 6 1 4 9 .3 3 0 1 4 7 . 1 3 4

O c cu p ied R oo m s 8 0 . 6 7 7 7 7 .0 9 2 7 0 .0 9 8 9 9 .0 8 2 9 5 . 2 1 3

% O cc up ie d /T ot al 6 5 % 6 3 % 6 1 % 6 6 % 6 5 %

R ev enu e s

R o o m s 5 .9 4 6 5 .5 9 9 4 .6 3 0 4 .6 3 3 4 .7 9 5

F o o d & B e v e r ag e 8 .8 2 5 9 .1 6 7 8 .1 3 8 9 .5 4 5 1 1 .0 4 0

O th e r s 1 .8 3 0 1 .6 9 5 2 .1 1 7 1 .6 9 5 2 2 1

To tal R eve n ue s 1 6. 60 1 1 6.4 62 14 .8 84 1 5 .87 4 1 6.0 5 5

D irect labo r Cos ts (3 .99 4 ) (4 .1 16 ) (3 .4 20 ) (3 .8 4 5 ) (3 .81 6 )

D ir ect Sales Co sts (2 .80 1 ) (2 .7 12 ) (2 .1 08 ) (2 .5 2 9 ) (2 .60 5 )

O the r D ir e ct C o sts (2 .30 5 ) (2 .3 10 ) (2 .3 90 ) (2 .1 2 7 ) (2 .31 4 )

To tal D i rec t C o sts (9 .1 00 ) (9 .13 7) ( 7. 91 9) (8 .5 01 ) (8 .73 4 )

To tal In di rect C osts (3 .9 47 ) (3 .70 6) ( 4. 04 8) (4 .1 49 ) (3 .90 3 )

0

To tal C o sts ( 13 .0 47 ) ( 12 .84 3) (1 1. 96 6) ( 12 .6 50 ) ( 12 .63 7 )

G O P 3.5 54 3 .6 19 2 .91 9 3. 22 3 3 .4 18

G O P % 21 % 2 2% 2 0% 20 % 21 %

Business

Tourism investment italy