LOS PATIOS DE SAN AGUSTIN, EN ALMERIA

Los Patios de San Augustin is a stunning development of  191 modern apartments built in contemporary Mediterranean style, and located in a village within easy distance of marinas, extensive sandy beaches, golf courses and Almería International Airport. An impressive mountain range which constitutes the foothills of the Sierra Nevada provides the dramatic backdrop to the picture.

 Los Patios de San Augustin is a stylish project that borrows, combines and develops  The most attractive elements of traditional Mediterranean and modern architecture.

The is perfectly integrated into its settings, on the tree-lined avenue that runs through the village of San Augustin. The apartments themselves are set in landscaped gardens. With two large swimming pools for the residents´ use.

 The project comprises comfortable apartments, the layout of which has been carefully designed to complement the modern –day lifestyle particular to southern Europe, with cool, comfortable living areas and large terraces, some of which enjoy spectacular views to the sea. The penthouse apartments have the additional feature of large roof terraces of approximately 50 m2.

Kitchens come fully furnished and equipped with white goods and there is a pre installed ducting system for heating and air-conditioning. Each apartment has its own underground parking space, accessible via lifts from all floors.

 Los Patios de San Augustin, as the name implies, is located in the village of San Augustin just back from the natural park of punta Entinas- Sabinar, where the local residents are mainly birdlife, such as Flamingos, Egrets and rare Audouin´s gull. The protected dunes and lagoons- referred to as Las Salinas de Cerrillos- are refuge for countless species of resident and migratory birds, and is an area of absolute peace and beauty separated from the crystal clear Mediterranean only by some of the most extensive, and most beautiful, beaches in Spain. This is the setting to the south of San Augustin; the rugged Sierra de Gádor provides an impressive backdrop to the north San AugUstin is virtually equidistant from Roquetas de Mar and the attractive resort of Almerimar. This makes for a difficult choice when considering whether to a round of Golf at the playa Serena course at Roquetas de Mar or the Almerimar course, or which of the two towns´pleasure ports to visit. But the choice is a luxury one; and it doesn´t end there. There are also the beaches, bars, restaurants, boutiques and other leisure facilities to take into account. A major shopping centre can be found at Roquetas which, in addition to its large hypermarket for the basic shopping , has an attractive mixture of international-brand and local shops and boutiques. There are also cinemas, sports facilities, health centres and hospitals in the immediate vicinity.

 Beyond Roquetas, the nearest city is Almería, an important port with a famous Moorish Alcazaba guarding the city from the overlooking hills. Almería has more shops and services and several historical treasures pertaining to its long and culturally varied past. To the east of the city lies Cabo de Gata natural park, yet another protected area, home to many species of flora and fauna, including seals and the flamingos that can be observed feeding in the ancient salt pans.

 Travelling north, one soon starts to ascend into the Alpujarras, the mountains made famous by writers such as Gerald Brennan and Chris Stewart (Driving over Lemons).

The Alpujarras from the lower reaches of the towering Sierra Nevada, which is Europe´s southern-most ski resort and easily accessible from Los Patios. On the other side of the Sierra Nevada, an unforgettable daytrip away, is Granada, home of the Alhambra, the ancient palace of the Moorish kings of Granada.

 Situation

Los Patios de San Augustin is an easy drive from Almería International airport , which is linked to many European cities and served by several airlines, including budget lines such as Easyjet and Ryan air, both with their regular UK connections. Road links to Almería, Granada, Murcia, inland and to the various costas are excellent.

 Quality specifications

 Foundation: reinforced concrete slab or isolated shoe mold foundations

Structure: Reticular forged concrete slabs.

External Walling: Cavity ceramic brick walls and heat insulation with application of polyurethane foam

Rendering: External: face brick wall with cement renderings

Internal: Plastered walls

Roofs: accessible for the penthouses

Thermal insulation: In external walls, terraces and roofs

External carpentry: White lacquered aluminium with CLIMALIT type double glazing fittings.

Internal carpentry: lacquered interior doors and wardrobes.

Entrance door with security lock.

Flooring; Ceramic tiled floorings.

Wall tiling: Sandstone or ceramic tiles in all bathrooms and kitchen

Sanitary fitting: Gala, Elia model or similar

Taps: Single control taps from TRES, or similar

Kitchen:  Fully fitted. Including the following electrical appliances: Fridge & Freezer, washing machine, oven, ceramic hob and extractor hood. All these appliances will be fully installed.

Electrical installation: First quality mechanisms

Garage space:  Included in the price

Installations: pre-installation of air-conditioning,  Electric boiler (75 litres), Communal Satellite antenna for TV and radio,   Automatic door opening lifts to underground garage,  Swimming pools and communal gardens

Quality control: Global quality control carried out by an officially approved company.

 Note: the quality specifications might be subjected to changes by the architect at anytime and materials of similar or improved quality might be used instead.

 

Financial and Payment Structure Details

 Project:    Los Patios de San Agustin. (Off Plan)

Bank Guarantees:  YES: in place and confirmed

Licenses:   YES: in place and waiting to be published

 

Financials.   The payment schedule for the Los Patios de San Agustin as below:

Reservation fee:  3.000 € required immediately to reserve the unit and freeze price!

Deposit.   10 % one month after the initial reservation on signing of PPC (Private purchase  contract) minus the 3.000 € reservation deposit.

5% after 1 Year.

5% on completion of  the property.

Completion.  80 % at signing with the notary summer of 2008.

 *All prices are subject to IVA @ 7 %.

Basic Price’s: Los Patios de San Agustín (Almería)

Prices:

1 bedroom                   137.000 €

2 bedrooms from          144.000 € - 198.000 €

3 bedrooms (only one available)          177.000 €

 

Payment Structure

Reservation 3.000 €

10% deposit within a month period the down payment contract of

10% less 3.000 € reservation.

Additional 5% payment after 1 year.

Additional 5% payment on complete construction.

Balance of 80 % to be paid at notary signing.

Example Finance Structure Inclusive of IVA@ 7% (VAT)

2 bed 2 bath @ 154.408 € 10% down payment 15.408 €

of  154.080 € deduct the reservation payment of 3.000 €

+ 210 € VAT  - Balance 150.870 €

Phased payments:

After 1 year:     5%   7.704 €

At the end of the construction:   5%  7.704 €

At completion (notary act) the remaining 80 % (135.462 €)

By cash transfer, mortgage or alternative finance arrangement of.

 Example mortgage on Balance of 135.462€

Subject to Status

Capital & Interest

15 Year Term        968,39 € - 667,85£ per month

20 Year Term        785,62 € - 541,80£ per month

Interest only           483,00 € - 333,10£ per month

Exchange rate used is 1,45 /  £ - Based on interest rate of 3.5%