Q: What is the Golden Gate Palace?

A: It is an unique concept. A combination of luxury condominiums with the services of a boutique hotel. It is business and pleasure, past and present, old and new. It is a combination between modern comfortable living and richly appointed Old European Mediterranean architecture. It is a unique opportunity of investment and second home ownership.

Q: How many condos are in the Golden Gate Palace?

A: There are 80 luxury appointed residential suites representing 13 different sizes and layouts and 5 commercial suites on the street level for retail business.

Q: When is the occupancy expected for the Golden Gate Palace?

A: Occupancy is expected to happen in the second half of 2008.

Q: Can the property owners rent out condominiums?

A: Yes. There are several ways to do it. One can rent the property out by himself as many times a year as he or she wants. It can be handled by any licensed real estate brokerage firm hired by the owner with no limitations. Developers are working on a deal with nationally recognized hotel operators to help property owners with a successfully proven form of management.

Q: Can the purchase be mortgaged?

A: Absolutely! It is a condominium form of ownership. Banks are lending money on the purchase of a condo hotel as it would a second home. It is also depends on individual qualifications.

Q: How much time can an owner spend at their unit?

A: One can spend as much time at the purchased condo as he or she wants; or if individual signs a contract with the professional hotel management company, this time will be limited by the previously discussed and confirmed terms of that contract.

Q: Will these units be offered for sale furnished?

A: Yes. All condos will be individually designed, fully furnished and equipped with the cutting edge technology, TV stations and broadband internet in every room.

Q: Is there going to be a monthly maintenance fee involved?

A: Yes. Monthly maintenance fees will be introduced and will cover all utility expenses, insurance, building, site and pool maintenance.

Q: What is the distance to amenities, such as shopping areas, movie theaters, parks, golf courses...etc?

A: All amenities are with walking distance as the hotel is located in the very heart of the Palm Coast Town Center.

Q: What is the distance to the beach?

A: Flagler beach is less than 3 miles away with its pristine beaches.

Q: Are there any provisions for boaters?

A: Yes. Palm Coast is one of the few remaining boater friendly destinations, with 2 marinas within an easy 5 minute drive and multiple points of access to the Intracoastal Waterway and Atlantic Ocean.

Q: Is a purchase of Alexir Spa membership mandatory?

A: No. Spa membership can be purchased at a later date if desired, but if it is purchased with the unit it will be at a discounted price.

Q: What other amenities and points of interest are located nearby?

A: Palm Coast is conveniently located between historic St. Augustine to the north and Daytona Beach to the south. Four major international airports, Orlando Disney parks and other attractions are within an hours drive. Cape Canaveral aeronautical museum and park, World Golf Hall of Fame, 12 state parks, and 3 major fishing lakes are within a 20-80 minute drive.

Q: Do any business opportunities exist in the area?

A: There will be a 2,000,000 sq. ft. business and medical park to be located within walking distance from the Golden Gate Palace in the near future.

Q: Why should one invest in the Golden Gate Palace Condo/Hotel?

A: Many people dream of owning a second home in coastal Florida. It is an absolutely unique American phenomena to own a luxury condo and have someone else pay for it when you are away. For those who dream, it can become a reality. Golden Gate Palace is designed with passion and love, with the equal convenience to live there or just stay overnight.

Everything done with the love will last.

ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE SHOULD BE MADE TO THIS BROCHURE AND THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY DEVELOPER TO A BUYER OR LESSEE. This is not an offer to sell real property in any jurisdiction where such sale is prohibited by law or is subject to prior registration. The information and materials displayed are intended to provide general information and are subject to change. All renderings and floor plans are artist depictions only; features and dimensions are subject to change without notice. The decision to develop any of the condominium units or any phase of any condominium is in the sole discretion of the Developer.