Corporate Overview

At a Glance

The Group’s main activity is arranging the sale of new residential properties in Southern Spain, in the region of Calabria in Italy, and in Turkey, Portugal, Bulgaria and Cyprus to residents of the UK, Ireland, ,Germany and the Benelux countries.

The Group’s associates are primarily the developers and promoters with whom the Group enters into mainly non-exclusive agency agreements for the sale of the new properties being built.

Medsea Estates Group PLC was admitted to trade on AIM during August 2004.

The Medsea brand is well established in Spain and is rapidly gaining in prominence in Calabria.

Medsea has a distinctive and successful working model, provides a refined and meticulous service, an experienced and well organised management structure, an expanding agency base and a conversion ratio of clients of up to 65 per cent.

The Group has established a number of strategic alliances which include Saga, Bella Calabria, Headlands International, Barca & Boom Real Estate, H20 Homes Overseas, NHS Trust and Property Services Company.

Medsea was the first company in its sector to be awarded the ISO9001:2000 Certificate of Quality Management, granted by the AENOR (Associacion Espanola de Normalizacion y Certificacion).

The Group has introduced an innovation called EasyBuy which eliminates the need for British people buying property off-plan in Spain to pay their first stage payment (usually between 30% and 50%) within 30 days. This can now be deferred for seven months.

Within Spain, the Group operates in four geographical markets: North Costa Blanca, South Costa Blanca, Costa Tropical and Costa Calida regions.

In Italy, the focus is on Calabria in the south, where Medsea is able to offer both village and beachfront properties together with a new cliff-top development adjacent to a top ranking golf course being built a short distance inland.

Medsea, through its marketing agreements and partnerships, is also able to offer properties throughout Turkey, Portugal, Cyprus and Bulgaria.