A special purpose entity (SPE; or, in Europe and India, special purpose vehicle/SPV, or, in some cases in each EU jurisdiction – FVC financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. They are also commonly used to hide debt (inflating profits), hide ownership, and obscure relationships between different entities which are in fact related to each other (see Enron). Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPE's allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, they are commonly used to own a single asset and associated permits and contract rights (such as an apartment building or a power plant), to allow for easier transfer of that asset. They are an integral part of public private partnerships common throughout Europe which rely on a project finance type structure.
A special purpose entity may be owned by one or more other entities and certain jurisdictions may require ownership by certain parties in specific percentages. Often it is important that the SPE not be owned by the entity on whose behalf the SPE is being set up (the sponsor). For example, in the context of a loan securitization, if the SPE securitisation vehicle were owned or controlled by the bank whose loans were to be secured, the SPE would be consolidated with the rest of the bank's group for regulatory, accounting, and bankruptcy purposes, which would defeat the point of the securitisation. Therefore many SPEs are set up as 'orphan' companies with their shares settled on charitable trust and with professional directors provided by an administration company to ensure that there is no connection with the sponsor.
Why Us?
What is the Company all about?.... Well, we're all about creating beautiful homes & lifestyles, that meet with all the requirements of our valued Clientele... and more, much more... To step into Our Homes, would mean 'You' stepping into YOUR DREAM HOME... designed & made specially for YOU, one that you've looked forward to for so many years!!
OUR DRIVE is .... To meet the exact needs of our Client in terms of architecture/ design/ flavor, and following through with such meticulous labor, in order to make a dream come true.., has become our satisfaction and our sense of pride. The last six years have been magical, and to say that my sense of pride has grown, and my level of satisfaction has reached new levels is an understatement...
My team: Arch. Blasio Gonsalves,Ahmed Hussain at the helm is solely responsible for the designing and the expert outlay that we have to offer on every Project… and he takes his responsibility very seriously indeed!
As for me, I am your key designer, and as such am responsible for almost everything!!! From the fine tuning of your home’s internal layout, your kitchen triangle, selection of the color schemes, tiling schemes, designer ensuites, tap designs, to the final approval of the exterior design… you could say that I’m an orchestrator of sorts. I've been in the real estate business for more than ten years, and in the market for constructing lifestyle holiday homes for the last six. Over the years I've developed a keen sense in identifying with the Client's specific needs for a holiday home, and have always managed to deliver a home that is best suited for them… to their utmost pleasure and satisfaction. Needless to say, I have managed to stay above the rest. All thanks to my valued Homeowners.
I believe that One should do your best, and leave the rest to THE ONE who watches over you ... AND HE WILL NOT LET YOU DOWN!! Thank You My God for that!
And to my new Clients... I hope that the essence of our Projects catches up with you! Happy Home Hunting!!!
Warm Regards from Goa...
Peter Azavedo Managing Director.
To promote and sell properties
www.rightmoveinvestment.webs.com
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