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Welcome to the Miraflores Golf
Villa Group web
site. This prospectus offers you a unique opportunity to
have real ownership of a very high quality 4 bedroom villa,
together with an additional self-contained 2 bedroom apartment,
in a prime location on the Costa del Sol, at a price of
£125,000 all inclusive - less than the cost of buying a studio apartment.
This is achieved by sharing ownership of the property between
five equal partners, who each have use of it at times of their
own choice for up to ten weeks a year, and who will jointly
exercise total control of all aspects of its use and management.
The villa has a self-contained apartment providing enough rental
to cover the running costs.
This whole proposal was recently the subject of an article in
the May/June 2006 magazine
"Living
Spain", pages 101 and 102.
Although its members share usage and costs,
the
"Miraflores Golf Group" is emphatically NOT a timeshare
organisation or a commercial "fractional ownership" scheme.
The house’s current owners simply no longer need full-time
ownership and usage of the property, and are looking for four
partners to join them in sharing it. They are doing this via The
OwnerGroups Company Ltd., which specialises in helping private
individuals organise shared purchase arrangements tailored to
their particular needs. Under these group
arrangements, the syndicate members jointly own 100% of the
equity in the property, and have total control over it. This
control is exercised via a comprehensive Members’ Agreement,
which maximises
the benefits of ownership of the property solely for them.

This website contains a full
description of the group assets such as the house itself, the
organisational arrangements and financial aspects, and the way
to join the syndicate. It is designed so that all pages should
print easily, so you can study the details at leisure -
simply use the "print preview" command on your browser. For more information about the
OwnerGroups Company, which is responsible for
setting up and administering the syndicate, please click the
"OwnerGroups" button at the top of any page. |