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