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1 s Luxury Living within the Legendary Community of Palmilla s

2 s V I L L A S D E O R O s Villas de Oro is a. acre residential golf community built along the Jack Nicklaus Signature golf course within the 900-acre Palmilla resort in Los Cabos, Mexico. The development, owned and operated by Gerry Burchard, will consist of approximately 00 residential units upon completion. Home ownership options will include luxury villas and townhomes, custom lots and single-family homes, all with ocean and golf course views and within walking distance of all the resort amenities Palmilla has to offer. A multi-phase development, Villas de Oro has sold out Phases I and II and is currently selling and constructing Phase III, a collection of golf front villas. Special features include ocean and fairway views, spacious floor plans, granite counter tops, Jacuzzi tubs, marble tile floors, stainless steel appliances and more. In spring of 00, Villas de Oro will launch Phase V with the release of 9 custom lots ranging in size from, sq. ft. to 8, sq. ft. Buyers will have a choice of three custom home designs featuring four- and five-bedroom floor plans, all with 80 degree views of the Palmilla Bay and the San José del Cabo coastline and city lights. My vision is to create a destination that owners will consider their primary residence rather than the second home, says Burchard, a successful financial advisor and asset manager for more than years. You ll enjoy all the amenities you expect in a place you call home security, exclusivity, amenities and comfortable living while still maintaining all the warmth and character of Mexico. Phase III of Villas de Oro is also instrumental in creating the village environment with many resort amenities, including a deluxe 9,000 square foot private tennis club with five lighted courts, including a center sunken court seating up to 0 spectators, a retail shop, swimming pool, lap pool and children s pool, state-of-the-art fitness center, and a lively yet exclusive club atmosphere. A guard-gated entrance will be added and palm-tree lined streets, sidewalks, fountains and lush foliage will beckon residents to stroll the neighborhood. We believe Villas de Oro represents the best golf resort living here in Los Cabos, says Burchard. Residents here are within walking distance of Las Tiendas de Palmilla, a new village center with shopping, dining and entertainment, as well as all the amenities of a world-class golf course and luxury hotel, including spa and dining. You can even walk to one of the best swimming beaches in Cabo.

3 s D E V E L O P E R G E R R Y B U R C H A R D s Gerry Burchard has been a financial advisor and asset manager for more than years. Burchard was first introduced to Baja when a client asked for his help in acquiring land in Todos Santos, north of Cabo San Lucas. Burchard, the founder and CEO of Round Hill Securities, a $ billion asset management firm based in Northern California, flew down to Los Cabos to take a look. He liked the growth potential of southern Baja so much that he purchased property for himself. Soon, Baja became his favorite vacation spot and he quickly discovered and fell in love with the stately elegance of the Hotel Palmilla. On his honeymoon in Cabo, Burchard and his wife were enjoying lunch at the hotel, overlooking the Sea of Cortés, when he realized that one day his dream to become a developer of a unique community would begin at Palmilla. In 999, he began buying ocean front property. This was when he was introduced to Palmilla s Jack Nicklaus golf course development and Villas de Oro. He knew immediately this was the opportunity to bring his vision to life. I took a look at the completed Phase I and I liked the product; this is where I would live, says Burchard. This is the right product at the right price. Villas de Oro is at the hub of everything -- golf, the ocean, the world-class Palmilla hotel, the new village center. And it s all within walking distance. It just makes good sense for the buyer and the developer. In July, 000, Burchard bought the Villas de Oro development. With expansion plans underway, Burchard s long-term vision for Villas de Oro, as full owner and developer, is becoming a reality. He now splits his time between his home in Northern California and Los Cabos. With my financial background, I understand the importance of people s money and their investments, explains Burchard. I m right here on site making sure everything is completed and meeting the high standards set throughout Palmilla. This is a real dream come true, not only for me, but for those who purchase and live here. It s a thrill for me to see people realize their dreams. Having studied and watched the Baja real estate market for 0 years, and of partial Mexican heritage himself, Burchard believes Palmilla to be one of smartest real estate investments available today. With the -hole Jack Nicklaus golf club managed by Troon Golf, the Palmilla Tennis Club (now under construction), the newly renovated and expanded One&Only Palmilla hotel, and the overall exclusivity of the community, the upscale shopping at Las Tienda village center, and the ocean, it just doesn t get any better than this. Although he s a -handicapper, Burchard finds little free time to play golf these days. I ve been playing for 0 years, but I had my best round at Palmilla with an 89 that s another good reason to spend more time at Villas de Oro.

4 V I L L A S D E O R O M A S T E R P L A N PHASE II S W N PHASE I E PHASE VI PHASE IV PHASE III PHASE V (RIDGE LOTS) TENNIS CLUB MEDICAL CENTER (Future Amenity) LAS TIENDAS DE This master plan is an artist s rendering and subject to change without notice.

5 PA L M I L L A M A S T E R P L A N S W N E 8 ESTATES 9 Golf Clubhouse* PRACTICE AREA FAIRWAYS CANYON 8 To Cabo San Lucas Sunken Tennis Medical Center* Las Tiendas de Palmilla Retail Center VILLAS DEL MAR OCEANO ALTA OCEANO BAJA To Airport / San José del Cabo NORTE CALETA LOMA VILLAS DEL MAR Las Buganvillas COVE VILLAS DE MONTANA LA CALETA ONE&ONLY HOTEL Sea of Cortés Punta Palmilla This master plan is an artist s rendering and subject to change without notice. *Future Amenity

6 San Diego Baja California Pacific Ocean Los Cabos USA Sea of Cortés Mexico Airport Cabo San Lucas s J U S T T H E F A C T S s 9 San José del Cabo Villas de Oro at Palmilla D E V E L O P E R Gerry Burchard San Francisco, California and Los Cabos, Mexico T H E C O M M U N I T Y Villas de Oro is located within the 900-acre master-planned resort community of Palmilla in Los Cabos, Mexico. The development is situated along holes No. and No. 9 of the -hole, Signature Jack Nicklaus championship golf course. Villas de Oro is within walking distance of the Las Tiendas village center, the One&Only Palmilla hotel and miles of pristine beach. A R E A O F P R O P E R T Y Villas de Oro Phases I, II, and III. acres; units. New Development acres with approx. 0 residential villas, homes and custom lots. The overall project is located on the north side of the highway and along the fairways of the Palmilla Golf Course. P R O D U C T / P R I C E R A N G E Villa floor plans now available range from approx.,000 sq. ft. to,000 sq. ft. (Square footage and prices subject to change, please see enclosed price sheet for current details.) In spring 00, Phase V of Villas de Oro featuring 9 custom lots will be released for sale. Ranging in size from, to 8,, all lots boast views of the Palmilla Bay and San José del Cabo s beautiful coastline. Buyers will have a choice of three floor plans offering four- and five-bedroom layouts. P R O J E C T A M E N I T I E S Full membership to the -hold Nicklaus Signature course and the private Palmilla Tennis Club is included with all purchases. The new 9,000 square foot tennis club will feature five lighted courts, deluxe work out facility, swimming pools, his/her lounge and changing rooms, bar and light dining. T H E C L I M AT E Los Cabos enjoys a moderate, year-round desert climate, tempered by cool breezes from the Sea of Cortés. The sun shines at least 0 days a year with an average winter temperature of degrees Fahrenheit and an average summer temperature of 8 degrees Fahrenheit. G O L F The Palmilla Golf Club, opened in November 99, was recognized as one of the best new golf resorts in the world. The -hole masterpiece, managed by world-renowned Troon Golf of Scottsdale, Arizona, overlooks the Sea of Cortés and winds around centuries-old Cardon cacti and over rugged desert mountain terrain, down to the water s edge. R E S O R T H O T E L The One&Only Palmilla is often called the Jewel of Baja. Owned and operated by Kerzner International, the resort underwent a $00 million re-building and expansion and now offers ocean view rooms; two infinity-edge pools, the signature C restaurant created by famed chef Charlie Trotter, and a second restaurant serving Mexiterranean cuisine. The One&Only spa, operated by Mandara, features private spa villas with an enticing menu of services and treatments. L A S T I E N DA S D E PA L M I L L A Within walking distance of Villas de Oro, Las Tiendas offers residents an array of high-end shops, restaurants, cafés and is a focal point for entertainment. In addition, 0, square feet is allotted for executive office space with ocean and golf course views.

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