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LA FINCA ALGORFA GOLF - ALICANTE

• New first-class Golf Resort, typical Spanish style, 200 m above sea level, surrounded mainly by orange and lemon plantations in garden of Spain and Europe's healthiest climate, 320 days sunshine per year, with average temperatures in winter of 19°C and in summer of 32°C
• Size of Resort 500 ha, owned by Spanish family
• Official permissions for project are granted
• In first section 2,400 (completion 2004/5) and in second section 2,000 (completion 2005/6) apartments and villas
• Sizes of individual plots range up to 400 sqm, floor space between 68 and 173 sqm, (more than 400 homes already sold). For details of all types of homes see below
• Purchase prices between 150,000 and 478,800 Euros (excl. 7% IVA)
• First 18 hole championship Golf course playable since 1 1/2 years, length 6,400 m, second championship course planned for 2005
• Driving range, Golf academy
• For each 40 homes separate Swimming pool
• 8 Tennis courts in nearby Algorfa
• Commercial centre, restaurants and bars
• 5 star hotel and wellness center
• Own security check for Resort
• Individual green fees for owners: 60 Euros per round or 1.600 Euros annual abonado plus 3 Euros per round
• Financing: Reservation deposit of 3,000 Euros to be paid within 7 days after reservation. 50% on signing of Private Contract, remaining 50% less reservation deposit at completion
• Mortgages up to 70/80% at MIBOR + 1% (currently 3.15%)
• Payments prior to completion of individual homes guaranteed by various large Spanish banks (buyer´s choice)
• 15 min. to Torrevieja (Mediterranean Sea) and Orihuela, 25 min. to Alicante International Airport and San Javier Airport, 90 min. to Valencia

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