OCEAN VIEW ESTATE PRESENTATION Options For Homes Housing Cooperative Society Ltd (OHHCOOP) is a non-for-profit housing development Agency that is licensed by the Ministry of Housing and Urban Development to provide cost effective ownership housing in Cameroon. OHHCOOP is affiliated to Options for Homes GTA (Greater Toronto Area), Canada’s leading not-for-profit developer of ownership housing. Ocean View Estate is OHHCOOP’s first development in Cameroon and is conceived as a moder, medium density mixed income community. The Estate is to evolve a community structure that will be self-sufficient especially with respect to the provision of social, cultural and ‘community maintenance needs. More fundamentally, it is to integrate the Ocean View Estate into the overall socio-cultural and economic structure of the municipality in which it is situated and the Limbe City as a whole. Ocean View Estate is located in the West-Coast zone of Limbe. It covers an area of 15 hectares and shares common boundaries with Chantier Naval to the West, Limbe II Municipal Office building to the South and the Mokundange Village New Layout to the East. It is characterized by gentle slopes and is relatively flat in some parts of the estate. The estate is readily accessible from several parts of Limbe but the primary access to it is, the Mile two (2) SONARA West Coast highway. It has an excellent view of SONARA, the Bota- islands and the ocean view, depicting its uniqueness. Ocean View Estate will be developed in 4 phases. Phase 1 occupies 5 hectares and is divided into 3 sub phases: 1A, 1B and 1C. The housing structures of Ocean View are shown below:HOUSING STRUCTURES Small Semi-Detached Bungalow Plot Area: 104m? - 150m2 Floor Space: 43m2 2 Bedrooms 1 Bathrooms Front Porch Price:11,390,000frs — 13,000,000FRS wrenMedium Semi-Detached Bungalow Plot Area: 161m2 Floor Space: 57m2 2 Bedrooms 1 Bathrooms Front Porch Price: 18,025,000frsLarge Semi-detached Bungalow Plot Area: 175m°— 200m2 2 Front Porch Price: 22,325,000FCFA- 22,700,000FRSExtra Large Semi-Detached Bungalow Plot Area: 196m2-222m2 Floor Space: 83m2 3 Bedrooms 2 Bathrooms Front Porch Price: 26,425, 0006s — 26,800,000FRS ee eee eeDetached Bungalow Plot Area: 250m2-270m2 Floor Space: 89m2 3 Bedrooms 2 Bathrooms Front Porch Price: 26,000,000. — 29,000,000 FRS CFA GROUND FLOOR POSTON MAY YAR3 Bedroom Townhouse Plot Area: 165m2 Flor Area: 123m2 3 Bathrooms 3 Bedrooms Front Porch Price:29,375,000frs FIRST FLOOR : GROUND FLOOR4 Bedroom Townhouse ot Area: 214m2 -242m* loor Space: 137m? Bathrooms Bedrooms ront Porch Price: 34,375,000CFA - © 35,000,000FCFA a * we i euconr GROUND FLOOR " FIRST FLOORMedium Duplex . Plot Area: 250m°-292m” Floor Space: 135m? 3 Bathrooms 4 Bedrooms Front porch Price range: 44,050,000CFA — 44,725,000CFA.Large Duplex Plot Area: 352m?-355m* Floor Space: 161m” 3 Bathrooms 4 Bedrooms 1 Library Front Porch Gocco 000 © Price range: 50,550,000FCFA- 54, 625, 0OOFCFA GROUND FLOOR =~ FIRST FLOORPayment Plan The payment plan is structured according to the individual Purchaser and follows a schedule as prescribed on the Purchase Agreement: Cash Payment: The Purchaser pays upfront for the purchase of a home. Cash Installment Payment: The Purchaser is responsible for remitting all payments conforming to the Payment Schedule, which ranges from 1 year to lyear 6 months. Mortgage Payment; The financial institution provides mortgage financing to remit to the Vendor payments conforming to the Payment Schedule. With Credit Foncier Du Cameroun, the Interest rate is 5% and the Amortization period is 25 years which applies to purchasers in Cameroon and Diaspora purchasers can also benefit from Credit Foncier du Cameroon Mortgage Scheme. Features and Amenities ‘The amenities and features required in the Ocean View Estate are as follows: + 24/7 security management services * Community marketplace + Community conference hall. * Parks * Waste management * Water * Electricity + Tree-lined roads * Green space.