Model Home 5 La Palma Bonaire

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1 Model Home 5 La Palma Bonaire Highlights: Detached home to build on your La Palma lot, Great rental possibilities, 3 Bedrooms/ 2 Bathrooms, Spacious covered terrace, Large living room adjacent to terrace, Swimming pool and sundeck optional, Air-conditioning in bedrooms, Living area: approx. 1,550 sq.ft./ 144 m². Building costs: US$ ,- excl. 8% ABB

2 Features Lay out Covered entrance at front of the home, spacious living room with sliding doors to the covered terrace, open kitchen, pantry/ storage room, two guest bedrooms, guest bathroom, master bedroom with bathroom and access via sliding doors to the terrace. Total living area; approx. 144 m2/ 1,550 sq.ft including the covered porch. The beautiful modern Swimming pool and sundeck are optional. The pool has a deeper area that links with a area with seating inside of the pool. Your building lot at La Palma Within the zoning plan of Bonaire, La Palma is the last allotment plan on the island with lots for sale. Bonaire is a special municipality within the Netherlands. This makes investing in Bonaire even more secure and attractive, and provides a solid base for your investment. At La Palma the infrastructure is already finished. The roads have been paved, the electricity and waterlines are installed under ground and every lot has access to the most modern data connections (fiber optic data). As a bonus, there is no building obligation at La Palma. Highlights Availability: Only 7 minutes to the city center of Kralendijk. Location: Located in the new residential area of La Palma, just of the road to Sorobon beach, home to the best windsurfers in the world. Also close to several dive, snorkel and kiteboard beaches. Roof: roof tiles, Floors: to be determined together with buyer, Doors and windows: provisional sum.

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4 The Model Homes; your choice At La Palma, you can choose to buy a building lot and design the home you want to build for yourself. You can also choose to select one of the beautiful model homes. These homes have been put together by the Real Estate Developer of La Palma; Barracuda Real Estate (BRE). The homes will be built by Kenchie Construction B.V. or a constructor of a similar quality level. By choosing your model home, you save on time and energy. A lot of lot buyers are anxious to start the project, and they all know that building yourself can be a time and energy consuming job. Being on the jobsite, and having locale knowledge is key to a successful built on Bonaire. You can make building your own home comfortable with choosing one of the Model Homes that will be designed, built and handed over by professionals with demonstrable reputations. The architectural drawings already have been made, and the designs are based on the location, winds, sun, position of terrace, lay-out suitable to live in and rent out, etc. When you choose to purchase a model home, the builder will make sure that the architectural drawings will be handed over to the locale government in order to receive a building permit. (Dienst ruimtelijke ordening R&O) It is also possible to have your own design and request an offer from the developer for the construction of your dream home. The home will be built with the following specifications; Interior Floors All floors will be covered with tiles that will be selected together with the buyer. The provisional sum for the floors is set on USD 25,- per square meter. The terrace floor will also be covered with the same tiles, to ensure a smooth transition between the inside, and outside of the home. The application of a tiled base board is possible at additional cost. Wall finish All walls will be plastered with Joint Compound, and painted in an off-white color. Ceiling finish Ceilings with an open roof structure will be painted white. The other ceilings will be made of plasterboard with a smooth finish, and painted white. Electricity All areas will be fitted with 127 Volts power outlets. The kitchen area and pantry area will also have 220 Volts power outlets. For further details please check the detailed electricity plan of the home. The pantry area will be fitted with a boiler that will provide hot water to the bathrooms and kitchen area. Air-conditioning The bedrooms will be fitted with split unit air-conditioning systems. On the covered terrace connections for ceiling fans will be installed. TV, data and phone TV Connections, data and phone will be available in the bedrooms and living area.

5 Kitchen The kitchen is to be selected by the buyer. The provisional sum is set at US$ 8, Buyer can choose his own kitchen. Measurements of the building plan will be used to select a kitchen, dimensions of the kitchen must be handed over to the contractor before the ground floor concrete is poured. This because of the cables and drains that must be installed in the concrete floor. The placing of the kitchen is included in the contract price. Bathrooms For the bathroom fittings a provisional sum of US$ 6,000.- is set. The installation costs are included in the contracting sum as well as the tiles and tile work. Exterior: Walls All outside walls will be covered with semi smooth cement plaster, and painted in a color selected by buyer, as well as the other details and trims around the house. Windows, doors and frames Buyer can choose his type of windows and doors. They can be custom made on Bonaire or ordered from abroad. There is the option of wood or aluminum. The provisional sum for all doors and doorframes, inside and outside plus all windows is $ 10, Installation of the window frames and doors is included in the contracting price. Roof and roof construction The roof consists of a roof construction with non glazed roof tiles. Glazed roof tiles are optional. Terrain The terrain will be handed over clean and completed with a topping of diabaas. The lot will be fenced on the front with a brick wall including a gate for a car, and walk-in gate. Both gates will be constructed of wood or steel. The sides and rear of the lot will be fenced with fence netting supported by steel posts poured in concrete. The construction of walkways and driveways is optional and will result additional costs. The costs of the fence and the installation of diabaas are $ (in addition to the contracting price for the construction of the house).

6 Additional work and costs: Walkways Walkways can be made on request. The additional costs depend on the used materials, size of the walkways etc. Sundeck and Swimming Pool On the drawings, a swimming pool is designed. A sitting area inside the pool is included. The pool is constructed of concrete blocks, and will be coated on the inside with pool coat. At the water surface, a 20 cm strip of tiles will be glued on. Also, the pool will be fitted with pool illumination. The sundeck around the pool is at about 45 m2. A different tile can be selected for the terrace. The provisional sum is set on US$ 25,- per m2. The total additional costs for the sundeck and swimming pool are US$ 47,000.- excl. 8% ABB. Document date: 4 January 2018, alterations can be made in regards to this information. Prices are valid until the 31st of December In case of differences between the Artist Impressions and the text occur, the text will prevail.

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8 Rental possibilities If you have decided to built your model home on your La Palma lot, you may consider renting out your home when finished. Of course you can select when and how long you will enjoy your home on Bonaire. There is no restriction. The time that the home will not be used, can be used to house vacation guests on the island. A perfect way to create interest on your investment. Ideal for rental purposes The residential area of La Palma is perfectly located to be used as a rental location. The area provides beautiful snorkeling, diving, windsurfing and kiteboarding beaches. The windsurfing area of Sorobon is breathtaking and is home and training area of the best windsurfers of the world. The rental market on Bonaire is good. The number of flights arriving on Bonaire from Europe and the USA has increased. Connecting flights between the islands Curacao, Aruba and Bonaire result in an easy to reach destination, and this has caused a growth in the number of tourists that visit our island. And they all need a place to stay! When interested, we will gladly inform you about further details. Rental agency Sunbelt Realty Sunbelt Realty rents out homes, condo s and villas for vacation purposes. Via our website guests can book their vacation with our professional rental team. We also rent out homes for long term and permanent use. We will gladly add your La Palma home to our rental services. De Real Estate market on Bonaire has proven for the past decade that investments will result in good return on investment. If we look back even further, we can say that an average return on investment will be at around 7%.