Question 1

What exactly is the Lagoon Partners Programme?

Accepted Answer

A selective joint venture model that converts lagoon tenure into equity and delivers a branded resort-residences scheme with Atlantic Gulf leading funding, delivery, sales and operator selection—under clear governance and a transparent structure.

Question 2

How is my lagoon/lease valued and credited into the JV?

Accepted Answer

Via an agreed market value supported by independent valuation and tenure checks; that value becomes the owner’s equity credit (net of encumbrances).

Question 3

What capital do I need to commit?

Accepted Answer

Owners contribute the lagoon/lease as equity; Atlantic Gulf/investors provide cash equity and arrange construction finance (if required). No hands-on capex exposure for the owner.

Question 4

How are profits and cash flows distributed?

Accepted Answer

All gross proceeds flow to escrow, then taxes/operator fees/sales & marketing are paid, senior debt and project costs repaid, equity returned pari passu, and profits distributed per the JV; rental-pool distributions follow the agreed policy.

Question 5

What returns could owners see?

Accepted Answer

In the illustrative case, the 200-villa development generates a development profit of $230.1m, while the 180-villa rental pool at 68% occ and $3,000 ADR generates $123m rooms gross; owners receive 54% of rooms gross ($66.4m)—about 8.1% cash yield, subject to policy and performance. (Illustrative only.)

Question 6

What happens if we don’t proceed after appraisal?

Accepted Answer

Every qualified site receives a board-ready feasibility/underwriting pack (massing, cost plan, pricing analysis, brand shortlist, programme) to keep. If the JV proceeds, the appraisal fee is rebated.

Question 7

What are the selection criteria?

Accepted Answer

Connectivity and seasonal reliability; demand thesis/brand white space; operational backbone (power/water/waste, staff island); sponsor alignment/governance; dredge profile; tenure (length, step-ups, assignability/financing comfort); carrying capacity/EIA feasibility.

Question 8

How do you manage environmental and permitting risk?

Accepted Answer

Early EIA scoping, independent marine engineer sign-off, mitigation per EIA; reef enhancement considered where net-positive.

Question 9

Who controls design, brand and operator selection?

Accepted Answer

Altura leads operator selection and term-sheet negotiation, aligns brand standards and affordability caps, and maintains a weekly decision cadence with JV board oversight and reserved matters.

Question 10

How long to a go/no-go and launch?

Accepted Answer

Stage-2 Appraisal completes in 3–4 weeks for a board-ready pack; thereafter operator HoTs, funding indications and JV heads progress through clear go/no-go gates with fortnightly board packs to reach close and launch.

Question 11

Can you help with lease extensions or variations?

Accepted Answer

Yes—lease extensions/variations can be supported where required to strengthen tenure and financing comfort.

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Applicant & Ownership Details

Lagoon Partners Programme

Why partner with Atlantic Gulf

Land-to-equity

No hands-on capex exposure

Branded premium & velocity

Recurring income

One accountable counterparty

Numbers that speak for themselves

Illustrative case study

Gross Sales Value

Rental Pool Villas

Room Revenue

Application Process

Stage 1 – EOI

Stage 2 – Appraisal

Stage 3 – Term Sheets

Stage 4 – Close & Launch

Frequently asked questions