In the desirable San Miguel Center, perched on a hillside overlooking the city, the Condo Hotel Posada la Ermita can offer new opportunities for today’s emerging tourism market with 25 rooms in the Condo Hotel Posada la Ermita SA de C.V. share purchase. Timeshare-owning guests represent captive income for the finances of the Condo Hotel Posada la Ermita SA de C.V. business, as condominium owners and partners are contracted to pay a maintenance fee to Condo-Hotel La Ermita, whether or not they use their time. The annual collection of these maintenance fees currently covers a large portion of the operating costs of Condo Hotel Ermita, and this fee is indexed to annual inflation, increasing each year. The company (legal entity) is CONDO HOTEL POSADA LA ERMITA S.A. de C.V. Its share capital is represented by 100% of the company’s shares, and it owns the property called CONDO HOTEL POSADA LA ERMITA. Today, it owns everything that IS NOT SOLD in the condo hotel, and simultaneously acts as the permanent administrator of the condo-hotel and owns all operations whose buyers have stopped paying maintenance fees for more than three years and those who have completely abandoned their ownership. Additional benefit: For the vacation timeshare club system, the Condo Hotel Ermita development is the oldest operating in Mexico within the International Exchange System, RCI Mexico. The purchase involves the sale of shares of Condo Hotel Posada la Ermita, S.A. or C.V., representing 80% of the Condo Hotel La Ermita business per shareholder. Operational and profit and loss information will be provided under a confidentiality agreement.