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1 LasVelasVillageSPI.com

2 MASTER PLAN EXPLORE The Possibilities Whether it s sailing, fishing, windsurfing, diving, or dolphin watching, here you will find your favorite water activity. Live the excitement of the open sea or enjoy the shallow waters of Laguna Madre, the perfect setting for kiteboarding, windsurfing, paddle boarding, etc. For those of you who are nature lovers, you will find this an excellent spot to observe wildlife, and for the bird watcher, with over 300 recorded species of birds to date, this is a paradise. With its incomparable location on the Laguna Madre of South Padre Island, Las Velas Village has everything you could be looking for; the convenience of a luxurious, infinity edge swimming pool, private Marina, and enchanting, peaceful, quiet, serene surroundings, all just steps away from top entertainment and commercial centers.

3 EXPLORE The Possibilities Beautiful, gated, Bayfront, townhome style condominiums, with a contemporary flare. Enjoy spectacular sunsets from your private deck, or while relaxing next to the Bay front infinity edge pool. Phase I is now completed and ready for move-in. Phase I consists of eleven, 3 bedroom, 2.5 bath units. Units are built with impact resistant window, 10ft.ceilings in living room and dining room. 27 boat slips of concrete pilings and wood deck; boat slips are 9.5 feet wide by 22 feet long with water & electric. Deep water access and boat launch. Community will have some parking for boats, and 2 parking spaces per unit for cars. Boat slips sold $25,000 each. Available boat slips B (Phase I)

4 UNIT A FIRST FLOOR: SECOND FLOOR: THIRD FLOOR: TOTAL LIVING (NET) PORCH COVERED PATIO OPEN BALCONY COVERED BALCONY MECH ATTIC MECH DECK 636 SF 677 SF 199 SF 1512 SF 13 SF 69 SF 21 SF 42 SF 98 SF 69 SF TOTAL AREA (GROSS) 1824 SF GENERAL CONSTRUCTION FEATURES Concrete slab foundation with piers Exterior concrete block construction Stucco and concrete siding exterior finish Aluminum Roofing Impact Resistant Windows 10 ft ceiling heights on living & dining rooms STANDARD FINISH OUTS Tile on 1st floor and bathrooms Carpet on stair, 2nd floor and 3rd Floor Kitchen & Bathroom vanity cabinets Granite countertops Stainless Steel Appliances and stackable washer and dryer Other optional finish outs available

5 UNIT B FIRST FLOOR: SECOND FLOOR: THIRD FLOOR: TOTAL LIVING (NET) PORCH COVERED PATIO COVERED BALCONY MECH ATTIC MECH DECK 609SF 650 SF 199 SF 1458 SF 13 SF 69 SF 42 SF 98 SF 69 SF TOTAL AREA (GROSS) 1749 SF GENERAL CONSTRUCTION FEATURES Concrete slab foundation with piers Exterior concrete block construction Stucco and concrete siding exterior finish Aluminum Roofing Impact Resistant Windows STANDARD FINISH OUTS Tile on 1st floor and bathrooms Carpet on stairs, 2nd and 3rd floor bedrooms Kitchen & bathroom vanity cabinets Granite countertops Stainless steel appliances and Stackable washer and dryer Other optional finish outs available

6 SOLD SOLD

7

8 Las Velas Village Frequently Asked Questions Q: When will Las Velas be A: Las Velas is completed and ready for occupancy. Q: Will there be slips? A: There are 27 Boat Slips of pilings at Las Velas Village. These are 9.5' x 22' and will have water, electric and a fish cleaning station. 21 of the boat slips will be sold at $25, Q: Will there be on site? A: There will be no on-site for boats trailers. Developers will try to provide boat accessory storage lockers to owne Will there be assigned A: Each unit will have one reserved parking space and one unassigned. Q: Are there rental restrictions at Las Velas A: Per the (Page 17, 7.01 b) there are no rental restriction, the may impose a 3-5 d a y rental if so Q: Will there be any pet A: Las Velas owners are permitted to have pet under 40lbs. All pets must be on a leash. Q: Will there be A: The site plan includes a entry at the of Las Velas Village just past the South Padre Q: What are the taxes and A: The taxes and for unit are as TAXES: Unit A: $7, Unit B: $6, INSURANCE: Unit A: $2, Unit B: $2, Q: What are the HOA A: The fees have been estimated for each unit and are as follows: HOA F E E S : Unit A: $4, Unit B: $4, Q: What does the HOA fee A: HOA fees cover cable, water, maintenance, management and trash. Electricity is individually metered.

9 LAS VELAS VILLAS 6101 PADRE BOULEVARD Travel North on Padre Blvd. from the causeway, turn Left on private road just past Kings Landing on west side of Padre Blvd. Travel west past Landfall Towers and South Padre Marina to the end of paved road. Offered by:

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12 Offered by: and Troy Giles Realty Management 5813 Padre Boulevard South Padre Island, Tx Phone: (956)

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