We are offering investors the opportunity to purchase a fully furnished and fully serviced luxury one, two or three bedroom villa in Bali. The villas are sold ready for occupacy.

As an individual villa owner you have the option to either stay in your villa, have us rent it for you, or a combination of the two. As an owner, you can stay as long as you wish. The choice is entirely yours. Deciding how to use the villa is the only thing you will have to worry about. We take care of the rest. Individual villas will be serviced and managed by the well established, and very successful, The Villas Hotel. They will marketed and rented as The Villas Hotel. Investors can rest assured that their property will be well cared for and maintained. More importantly, they will know that their investment is earning the highest possible return, with very little effort on their part.

Although the completed project will operate under The Villas Hotel banner, it will be fully self contained - with it own cafe, security, staff and management team. The site has its own water, electricity and sewerage facilities.

Stage 1 of Delta Project began in August 1999 and is scheduled for completion by March 2000. Please refer to Attachement 3 - Delta Project Construction Schedule.

The current dollar to Rupiah exchange rate makes this an opportune time to invest in Indonesia.