Mairena View Property Development Marbella

Mairena View is a Marbella property development of 36 deluxe terraced villas located within the tranquil area of the renowned La Mairena area on the Costa del Sol. The development is only a short distance away from 4 award-winning golf courses and also very close to some of the area’s finest beaches.

Its location is just 10 minutes into the hills of Elviria and within a short driving distance from Marbella and Málaga’s international airport.

Each villa has stunning views towards the snow-capped mountains of the Sierra Nevada and the beautiful Mediterranean Sea. Another advantage of this area is its low level of building density; meaning only 7% of the whole area can be built on, unlike most areas, which are over 30%. Therefore the area will never be congested and will keep its beauty and tranquillity. However, the villas are within easy reach of nearby towns for bars and restaurants. Elviria does have its own commercial centre with restaurants and bars and is close to the best beaches in the whole area.

Mairena View will meet the highest building standards in a setting of comfort and beauty. The properties’ grounds offer lush gardens and an inviting infi nity swimming pool.

Style, quality and natural surroundings are all brought together for this special, prestigious development. The villas are more than adequately sized and are ideal for use as either a spacious holiday home or permanent living. Floor to ceiling glass in every room maximises the views and provides a light and airy feel to the property. Each villa will have its own private driveway to its garage which can accommodate two cars.

The entire top level consists of a solarium – perfect for sun-worshippers and for those who prefer the shade, there’s a Pagoda.

The first floor has 2 en-suite bedrooms. The main master suite also has a walk-in wardrobe and its own terrace giving stunning views of the surrounding scenery.

On the ground fl oor is the third en-suite bedroom and a fully fitted kitchen with dummy lift for groceries going directly from the roof terrace above. The kitchen is fi tted with an American style double door fridge and top quality appliances throughout. The spacious lounge/diner has a seating area around the fireplace and leads out onto a large terrace.

SPECIFICATIONS

• All homes are built to the highest standards.
• All homes are thermally and acoustically insulated.
• All properties come with a 10 year, insurance backed, structural guarantee.
• Handicapped access to the pool area.

Kitchen

• Fully fitted kitchen with Siematic (or equivalent) appliances.
• Extra wide oven, hob and extractor. American double fridge-freezer in stainless steel, dummy lift, washing machine, dryer, dishwasher and storage cupboard.

Bathroom

• Master bathroom with fitted Jacuzzi bath.
• All fittings are by Porcelanosa, including the tiling.
• Double sized showers with full glass panels.

Lounge

• Spacious approx. 36 m² tiled lounge with fireplace

Floor Finishes

• All internal floors will be fi tted with cream marble tiles.

Terraces

• Fitted with Terracota tiles, lighting and water supply.
• Direct access from each ground fl oor terrace to the communal gardens.

Air-Conditioning

• Fully fitted hot and cold air-conditioning

Alarm

• Fully fitted alarm system

Communal Areas

• Infinity swimming pool
• 24 hour security
• Spacious grass areas, tropical plants and palm trees with automatic irrigation.

AN IDEAL INVESTMENT

The payment stages

Payment system prior to 15th September 2005;

The first payment
Reservation payment 6,000 €

Once the reservation deposit has been paid the property is held for one calendar month whilst the Down Payment Contract is completed. Within this period the Down Payment of 10% will be due (less the 6,000€ reservation fee).

The second stage payments
During the first year from 15th September 2005, a payment system has been set up for an additional deposit balance of 15% payable to the developer. This amount is broken down to three equal payments of 5% paid at four monthly intervals. This is a fairly new system in the Costa del Sol which is to protect the buyer, as work is paid for as it happens and not in advance which has been traditionally done in Spain. You will receive an update from us prior to each payment to inform you of what has happened and what the next stages are in the development.

The final stage payment
On completion of the property you have two options at the Public Notary Office for the balance of 75%.

Option One
Is to pay the balance by your own means, we would require information and proof of funds or confirmation from your mortgage provider for this three months prior to completion at the Public Notary Office.

Option Two
Would be to take advantage of our pre-arranged mortgage. A pre-agreed amount of 75% has been set up with a first year interest rate of 2.75% through the National Westminster Bank here in the Costa del Sol. This option has many advantages as we would have all paper work completed here in the Costa del Sol prior to completion, as the mortgage is pre-arranged and guaranteed against the developers project therefore requiring less paper work from yourself as the survey has already been completed and value agreed. After the first year the interest rate would be 1% above Euribor*. The mortgage is also available for people up to the age of 75 years.

More details on the above mortgage will be made available upon request and at the point of reservation.

More reasons to invest in our project
From the date of the plan’s acceptance and during the construction period it is expected that the value of the properties will grow. This has been the case in the whole of Spain and even in harder economical climates throughout the world, Spanish property has remained a strong, steady and sound investment. This can be supported further as buying this project Off Plan the developer reduced the prices by 20% of the valuation set in 2004. This, coupled with a steady 8%-15%** estimated annual increase makes this Off Plan project more and more attractive.

Finally, this area has a proven track record of great rental income, not only for holiday makers looking for sun, sea and sangría but also for golfers, as this area has some of Europe’s finest courses and is in close proximity to 4 award winning courses. Under the right professional rental management (which we can provide), you can gain more than just the investment return on the growth of your villa. Rental prices available upon request.