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RESIDENCIAL LOS OLIVOS - HACIENDA DEL ALAMO

• New first-class Golf Resort, typical Spanish style, magnificant gardens in Eurospe's healthiest climate (320 days sunshine per year, with average temperatures in winter of 19°C and in summer of 32°C)
• ARCHENA SPA, highly regarded for 25 centuries, only 45 minutes away from Hacienda del Alamo. For further information click here
• Size of Resort 630 ha, total investment 700 mio Euros, 50% owned by La Caixa Catalunia (third largest savings bank in Spain)
• Official permission for the total project is granted
• Phase 6 (Residencial Los Olivos) - A project within the Hacienda del Alamo Resort
• 258 one, two and three bedroom homes
• Built with materials which define perfection
• Private common areas and swimming pools
• Floor spaces incl. terraces between 124 and 260 sqm
• Purchase prices beween 270,00 and 395,000 Euros (excl. 7% I.V.A)
• Already 100 homes sold
• Two 18 hole championship Golf courses (designed by Dave Thomas), length of first Golf course 6,662 m
• Driving range plus 6 full size practice holes, Golf academy, probably expansion to 18 holes
• Head Pro Eddie Polland, former Ryder Cup player
• Tennis centre with 13 courts and additional courts in various locations
• 3 soccer fields for training of international top-class clubs
• Riding stable
• Spanish village with commercial centre, restaurants and bars
• 4 star hotel and wellness center
• Amount of Green Fee not yet determined. In total 750 Golf Shares will be offered. The first tranche of 100 shares at a purchase price of 20.000 Euros (two owners), the next 100 for 23,500 Euros, the next 100 for 27,000 Euros etc. (15% increase for the next 100)
• Completion: Driving range plus 6 holes, Golf academy July 2004; first 18 holes July 2004; swimming pool area, horse riding, tennis centre, club house, hotel, health spa, Spanish village, commercial centre end of 2005
• Payments prior to completion of individuell homes and golf course will be guaranteed by La Caixa Catalunia. Additionally, La Caixa Catalunia irrevocably guarantees agreed upon dates for completion.
• Financing up to 70% of plot/building by La Caixa Catalunia (no questions asked), at MIBOR + 1% (currently 2,9%) over 15 years. Premature notice at 0,25% of outstanding credit possible.
• Reservation deposit of 3,000 or 6,000 Euros to be paid within 7 days of reservation. 15% on signing of Private Contract crediting reservation deposit. Further 15% in installments during construction period. 70% at delivery.
• 24 hour security in a gated community
• Various forms of after-sale services including maintenance for upkeeping of house and garden
• 15 min. north of Cartagena, 3 km away from Fuente Alamo, 15 min. from Mazarron at the Mediterranean, 25 min. from Murcia, 25 min. from San Javier Airport and the Mar Menor, 1 hour from Alicante International Airport
• New International Airport in Corvera, 25 km north of Fuente Alamo by 2006

	FIRST FLOOR APARTMENT 3 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 87 sqm - 3 3 Purchase price
	FIRST FLOOR APARTMENT 2 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 81 sqm - 2 2 Purchase price
	GROUND FLOOR APARTMENT 3 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 91 sqm - 3 2 Purchase price
	GROUND FLOOR APARTMENT 2 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 81 sqm - 2 2 Purchase price
	SECOND FLOOR APARTMENT 3 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 110 sqm - 3 3 Purchase price
	SECOND FLOOR APARTMENT 2 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 94 sqm - 2 2 Purchase price
	SECOND FLOOR APARTMENT 1 BEDROOMS - RESIDENCIAL LOS OLIVOS, HACIENDA DEL ALAMO (Phase 6) Floor space Plot size Bedrooms Bathrooms 66 sqm - 1 1 Purchase price