PRE-SALE OF THE FIRST VERTICAL DEVELOPMENT IN CANCUN

• Bella Vista Towers: 309 luxury apartments
• Delivery to owners in early 2007

Cancun, Quintana Roo, Mexico. February 21st. 2005 - Panorama Communities has launched the Pre-Sale of the first vertical development of the Bella Vista Towers development. This development will start construction in 2004 with deliveries dated for 2007.

The development began its pre-sale campaign this year and to date, 50% of the three towers have been sold. The investment per apartment starts at 129 thousand, 400 dollars and there are several financing plans. Those interested in acquiring an apartment in Bella Vista Towers and knowing more details can go to the sales offices located on Coba Ave. or call893-3306.

Bella Vista Towers is located on Bonampak Avenue., which is one of the most important arteries in the city. It's design combines traditional Mexican accents with a whole system of technological advances that allow it to be a cosmopolitan and vanguard project.

The development includes the construction of three towers, the first one with 102 apartments, the second one with 115, and the third one with 92 for a total of 309 apartments in several sizes. All will have access to a gym room, covered parking space, two swimming pools, and a recreational area for children. Besides these common areas, the owners will have a business center and concierge services.

Preliminary works have huge progresses. All of the above is proprietary for the Bella Vista owners, however, its inhabitants will have preferred access to everything implied in living in Puerto Cancún: the Marina, the shopping center, the Golf Course and, of course, the Beach Club.

The inhabitants of Bella Vista Towers will be able to enjoy a beautiful view of the golf course, the navigation channels and the Caribbean Sea since all apartments will have terraces, some of them with an integrated bar and Jacuzzi.

Bella Vista Towers has relevant features that make it an extraordinary purchase option:

• Excellent investment with high plusvalia.
• Security for visitors and residents 24 hours.
• Puerto Cancún has architectural features of the highest quality that guarantee a harmonic environment.
• Special benefits for being part of Puerto Cancún such as direct access to the Caribbean Sea, ample green areas, modern installations and security, among others.
• The opportunity to live in downtown Cancun with all its benefits, but a few feet from the Caribbean Sea.

Everyday we see how this big project grows and develops, and Bella Vista Towers is the starting point for the buildings construction in Puerto Cancún, was the comment from Mr. Rafael Lang, general director of Puerto Cancún.

On the other hand, Puerto Cancún has started the pre-sale of its first 117 single family lots. The total number of residential lots will be 435 in sizes from 450 square meters.

Ecology preservation is fundamental for Puerto Cancún. In 1998, a green house was opened, where we have savaged more than 90 thousand plants of 44 different species from the region. An area of 75 hectares has been allocated within the property for ecological preservation.

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