san lameer - hot salsa media

SAN LAMEER
FRACTIONAL OWNERSHIP
OWN YOUR SHARE OF SAN LAMEER
SAN LAMEER
www.pamgolding.co.za/fractional
SLIDE DESCRIPTION
FRACTIONAL OWNERSHIP CONCEPT
SAN LAMEER
Fractional ownership is the smart and affordable way to own your share of a luxury holiday home
in one of our sought after destinations. In essence it is the joint ownership of a luxury property
with managed hospitality and support services, where you only pay for the share you own.
In a nutshell:
• A private company owns the property and you have the opportunity to become a 13th shareholder in
this company.
• Your share entitles you to 4 weeks usage of the lodge per annum, with a week in every season.
• Unused weeks may be rented out with such rental income accruing to you.
• Running costs are administered by a Charted Accountancy firm and are shared equally between
the shareholders.
• The company in which you acquire the share is run by a board according to company law.
• All support services are taken care of on your behalf.
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SLIDE DESCRIPTION
DESTINATION
SAN LAMEER
San Lameer is one of the most established golf resorts
within South Africa and lies on the subtropical South Coast
of Kwazulu Natal. The 18-hole championship golf course
wraps around this conservation haven with its 195 bird
species, abundant wildlife and indigenous flora. With a twelvemonth summer, sixteen hectares of sparkling lake, the
warm Indian Ocean and enough stress relieving amenities
for sport and recreation fanatics, San Lameer offers
treasured memories for the discerning traveler. The rustic
architectural style is uniform throughout the estate and
blends in superbly with its forest-like surroundings. San
Lameer offers you access to superb family holidays at one of South Africa’s most recognized
resorts and is well known for its natural beauty and relaxed atmosphere.
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SLIDE DESCRIPTION
WHAT DOES SAN LAMEER HAVE TO OFFER
SAN LAMEER
What San Lameer has to offer
• Lovely white beach, protected by shark nets and with life guards on duty, stretches for over a kilometer
and also features a tidal swimming pool.
• Offering the challenging 18-hole San Lameer golf course as well as a mashy course for the whole family
• Close proximity to some very well known golf courses including the Wild Coast Country Club and casino
• Other facilities include open action cricket, squash and tennis courts, a play park for children, rowing boats,
canoeing,fishing, a bowling green and nature trails, San Lameer's
natural wonderland extends way beyond your wildest dreams.
• The prestigious Mondazur Hotel with restaurant and conferencing facilities, gym, and spa and restaurant
• An extremely efficient security system is another feature that distinguishes San Lameer from other
holiday complexes. The entire property is surrounded by an electric fence. The entrance gate is carefully
monitored and no visitors may be admitted without prior arrangement
• San Lameer provides exquisite nature trails and spectacular emerald painted beach-land
• Peace of mind in overall security
• An investment in your lifestyle
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SLIDE DESCRIPTION
THE PRIVATE RESIDENCE
SAN LAMEER
The exclusive Pam Golding Fractional Ownership Villa offers its owners 2 Bedrooms with spacious entertainment
areas.The Villa focuses on styled simplicity that compliments the surrounding beauty of the natural elements. Interior
decorating profiles reflect an upmarket theme. Internal finishes and décor place emphasis on stimulating all the
senses to create a relaxing atmosphere in an environment of luxury, situated a mere 2 minutes walk to the beach.
The Villa includes a surround sound entertainment system, flat screen television and air-conditioning.
A golf cart is also included.
The Private Residence
• 2 Bedrooms with 2 bathrooms
• Lounge, dining and entertainment area
• Entertainment patio with braai
• Undercover parking
Extras
• Top of the line with professional interior decorating and quality finishes
• Access to all resort amenities
• Air-conditioning
• The Private Residence is newly renovated and is popular for rental purposes,
providing our owners with good rental returns on their investment
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SAN LAMEER
AN EXCLUSIVE LIFESTYLE DEVELOPMENT
www.pamgolding.co.za/fractional
SAN LAMEER
AN EXCLUSIVE LIFESTYLE DEVELOPMENT
www.pamgolding.co.za/fractional
SAN LAMEER
AN EXCLUSIVE LIFESTYLE DEVELOPMENT
www.pamgolding.co.za/fractional
SAN LAMEER
AN EXCLUSIVE LIFESTYLE DEVELOPMENT
www.pamgolding.co.za/fractional
SAN LAMEER
AN EXCLUSIVE LIFESTYLE DEVELOPMENT
www.pamgolding.co.za/fractional
SLIDE DESCRIPTION
MANAGEMENT
SAN LAMEER
Day-to-day management
• After completion of the project, Pam Golding Fractional Ownership will take responsibility for all the
troublesome and mundane tasks of owning a secondary home, so you can just come and enjoy
your vacation.
Our services include the following:
• Preparation of the lodge before arrival
• Inspections and inventory checks after visits
• Domestic cleaning services
• Pool and garden services if needed
• Insurance
• Administration and bill payments
• Provide shareholders with statements and reconciliations
• Levy collections
• Drafting of annual returns
• Tax
• We arrange rentals at your request if you cannot use your weeks
• Facilitation of internal exchanges between shareholders
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STANDARD LEVY STRUCTURE
SAN LAMEER
The costs of maintenance, upkeep and management are budgeted in the annual forecast for the
company. The administration of these bills is done by an appointed Chartered Accountancy Firm.
The typical levies include:
• Resort levy
• Electricity
• Water
• Insurance
• Content insurance
• Gardening
• Pool service
• Housekeeping
• Cleaning material
• Accounting fee
• Management fee
The average monthly fee per shareholder for this product is on the disclosure page.
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FUNDING AND FINANCE
SAN LAMEER
PROCESS
Pam Golding Properties (Pty)Ltd creates a private company, of which it is the first shareholder. Investors
are then invited to subscribe for these shares at the promoted share price. This company acquires the
property and appoints a contractor to complete the unit, whereafter our interior designers
furnish the unit.
Each shareholder owns 1/13th share in the company and has an equal vote in the decisions of the
company. The private company may be converted to a share block company once occupation commences,
should the shareholders elect to do so.
FUNDING
• Investors are required to deposit 15% of the purchase price on signature.
• A further 90% is required relative to the stages of completion of the unit, and in instances of a completed
unit, when the share is transferred.
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SAN LAMEER
EXAMPLE OF USAGE ROSTER
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THE ROLE OF PAM GOLDING FRACTIONAL OWNERSHIP
SAN LAMEER
WE ACT AS THE PROMOTER OF THE SYNDICATION
• We find the property
• Register the shelf company
• Marketing and compiling of the shareholder structure of XYZ
• AGM’s
• Issuing of share certificates
• Share transfers
• Managing and maintaining the shareholders agreement
FULL TURNKEY PROJECT
We handle the building process
• Transfer of the land
• Tender process
• Negotiations with subcontractors for the best price
• Architects, Engineers and Quality control
• Coordinating builders
• Interior decorating
• Update all shareholders as to the progress on the progress
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WHY PAM GOLDING FRACTIONAL OWNERSHIP
SAN LAMEER
• Pam Golding Fractional Ownership is a founding member of SAAFI (South African Association of
Fractional Intermediaries) protecting our investors fully.
• Pam Golding Fractional Ownership homes are only available in well known, prized and sought
after destinations.
• Pam Golding Fractional Ownership properties are carefully selected against a set of stringent criteria
to ensure maximum future growth and demand.
• All Pam Golding Fractional Ownership holiday homes are fully furnished by interior designers.
• Pam Golding Fractional Ownership manages the sub-contractors to supply all the basic services,
accounting, tax, maintenance, housekeeping and so on.
• Once you invest in a fraction, you receive a formal share certificate as your proof of ownership.
• The usage in Pam Golding Fractional Ownership homes is effectively 4 weeks per annum, allocated
as a week in every season. Every year this roster advances with one week.
• You choose the weeks best suited for your usage.
• A set of house rules regulates the usage of the home.
• The fractional owners share the running cost of the property.
• We believe that the proven syndication model provides the perfect solution for ideal vacations.
www.pamgolding.co.za/fractional
OVERVIEW
Unleash your spirit and discover the world of fractional ownership
exchange with Platinum Destinations.
Pam Golding Fractional Ownership has affiliated its Fractional
Ownership Destinations and Villas throughout South Africa with
Platinum Destinations, the worlds most unique Fraction Exchange
Organisation. Membership to Platinum Destinations allows members
to structure their ownership in a bespoke fashion that suits their
individual lifestyle needs whilst enjoying the pinnacle of flexibility and
financial peace of mind.
PLATINUM
DESTINATIONS
BENEFITS
Platinum Destinations offers an array of benefits that are constantly being enhanced to ensure that members
are continually delighted.
• FRACTION EXCHANGE
With in excess of 100 local and international member locations, members can choose a range of exciting
holiday destinations to enjoy as often as they wish, subject to availability.
• RENTAL RETURNS
With exposure to an active database of over 5000 travel agents and 50 million people internationally, Platinum
Destinations is able to rent out unused time that the member banks.
Unleash your Spirit
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EXCHANGE
Once you have decided that you are not using your
credits this year and/or the year after, simply notify us
to deposit your week into our exchange programme
and select the Region or Country that your prefer to
exchange into.
Our Fair Exchange Policy will ensure that the credits
allocated to your deposited week is in accordance with
the credits table that was issued to you when you
became a member.
Credits allocated to each property and week vary based
upon the demand for the property, facilities on-site,
amenities, size of the accommodation and the time
period of the year.
Similarly, the credits that you will use in an exchange
are based on the same principle.
The credits table appears alongside the description of
each property.
ACCRUAL
Deposit
Deposit the current year/s and or next year’s allocated
week/s.
Balance
The credits allocated to your deposits are to your credit
PLATINUM
DESTINATIONS
Withdraw/Exchange
The credits used for each week are deducted from your
credit balance
Accumulate
Accumulate your credits for up to 5 years
or
Borrow
Borrow from next year’s deposits.
EXCHANGE FEES
Local Exchanges (within South Africa)= R390 per
exchange International Exchanges= R1200 per
exchange
Please note that certain members do not pay exchange
fees in the first year of their membership
Unleash your Spirit
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FAQ
Q: Why are the credits allocated to me this year different from last year?
A: You may have been allocated with a higher demand peak, high or low season week last year. Because your
allocation of weeks differ each year, each member has a fair opportunity to use the time period in the year.
Remember that the Total Credits issued to each unit of accommodation never changes. So, all that happens
is that the credits allocated to you rotate each year.
PLATINUM
DESTINATIONS
Q: I have decided on the destination property that I want to exchange into, What now?
A: Complete the exchange enquiry form “I am an existing member and would like to make a Reservation? and
email it to us. We will contact you shortly.
Q: I want to exchange into a property but I do not have sufficient credits. What do I do?
A: Simply deposit a future week/s in the current year or the next year into our exchange pool in order to provide
you with a higher credits balance.
Q: When can I deposit my week/s with you to my credit?
A: We recommend that you deposit your weeks with us as soon as you receive your allocation for the year/s.
Q: I have changed my mind about using one of my allocated weeks. Can I still deposit the week/s into the
exchange pool?
A: We need at least 3 (three) months notice ie. Deposit your week with us at least 3 months before the start
date of your allocated week. If for some reason you are unable to do so, please contact us and should we
have another member that needs your week, we will gladly accept it as a deposit to your credit.
Q: I am unsure of the destination that I wish to travel to. Can you help?
A: Submit an enquiry and one of our trained professionals will assist you.
Q: Can I take a short break away from home, perhaps a few days or a weekend?
A: Certain properties permit daily, weekend or mid-week exchanges. Weekends are the highest in demand
in certain locations where you will use 75% of the full weeks credits for a weekend break. Also, during certain
Peak periods, only full week exchanges are possible. Contact us and we will assist you.
Q: I want to make advance reservations for the on-site facilities or amenities at the property that I am exchanging
into. Can you assist?
A: Contact us and we will assist you
Q: Can you assist me with my travel reservations ie. Flights, car hire, show tickets, etc?
A: Yes, contact us and we will find the most competitive yet convenient options for you.
www.pamgolding.co.za/fractional
SAN LAMEER
DISCLOSURE DOCUMENT
PROJECT NAME
SAN LAMEER
WEEKS PER SHARE
4 (FOUR)
NUMBER OF SHAREHOLDERS
13
LODGE SIZE
90m 2
BEDROOMS
2 BEDROOMS
BATHROOMS
2 BATHROOM
POOL
NO
ESTIMATED VALUE OF FURNISHINGS
R200 000
ESTIMATED 1ST OCCUPATION
JUNE 2008
ESTIMATED LEVY P/SHAREHOLDER
R650 P/M
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CONTACT
SAN LAMEER
Werner Geyser
083 254 6774
werner.geyser@pamgolding.co.za
99 Jip de Jager
Bellville
7530
www.pamgolding.co.za/fractional