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Ecodesarrollo Papagayo, SRL (the “Developer”) is solely responsible for the development, marketing, and sale of The Enclaves at Nacascolo Bay. This is neither an offer to sell nor a solicitation to buy to residents in jurisdictions in which registration requirements have not been fulfilled — void where prohibited by law. Renderings, floor plans, and other images presented herein are for illustrative purposes only, may not be to scale, and should not be relied upon as a basis for purchasing. Furnishings are not included and may be purchased separately. Dimensions and square footage are approximate and may vary with actual construction. The Developer reserves the right to make modifications or substitutions, should they be necessary. Prices subject to change without notice.