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WHERE DOES YOUR MONEY GO?

Miraflores was established over 25 years ago and still today the first comment visitors and guests make is regarding the high quality level of the maintenance. The most important elements in achieving this high level of maintenance are:

• The detailed rules and regulations of the maintenance of Miraflores were established even before the first brick       was laid.
• The Developer of Miraflores continuing to provide services together with the required infrastructure.
• The Owners at Miraflores being very actively engaged in the proper management of the communities.


Some resorts on the Costa del Sol aspire to keep their maintenance fees the lowest possible at the expense of quality and services. At Miraflores we have learnt that we best serve our owners by providing great value and trouble-free living in a safe environment. The role of the elected board of all the communities is to continue to manage Miraflores at a high level to preserve the values of both the properties as well as "the Miraflores lifestyle", while carefully watching the expenses.

THE THREE TIER STRUCTURE

 1: MIRAFLORES GRAND COMMUNITY

      2: 20 MIRAFLORES MICRO COMMUNITIES

 3: 6 MIRAFLORES TIMESHARE CLUBS

1: MIRAFLORES GRAND COMMUNITY

The Grand Community at Miraflores includes the total extension of over 350.000 sqm. land area of the development. This land area is subdivided into 18 phases - i.e. 18 Micro Communities - and these Micro Communities are in turn the members of the Grand Community being represented by their elected Presidents. The participation of each Micro Community in the Grand Community is in direct relation to the size of the land area occupied by each Micro Community within the Grand Community.

The task of the Grand Community is to maintain the joint infrastructure, such as roads, green areas, security, service infrastructure etc. At each AGM the annual budget and management is established including the elections from within its members of the Board and the Vocal members.

2: MIRAFLORES MICRO COMMUNITIES

The 20 Micro Communities are the individual housing and service phases at Miraflores. Altogether the 20 Micro Communities includes over 1400 homes and various service and leisure areas. Each Micro Community participates and contributes towards the Grand Community in proportion to the land area they occupy.

The size of the land areas as well as the number of homes of each Micro Community varies, from the smallest of only 8 units to the largest of over 250 units. The Members of the Micro Communities are the individual freehold property owners and their participation is in proportion to the size of their property.

The management task of the Micro Communities is the maintenance of the gardens, pools as well as the complete infrastructure within their land area. Furthermore the responsibility also includes the maintenance of the exteriors walls and roofs of all the buildings within the Micro Community as well as the repainting of the exterior of the buildings at least every 5 years. At the AGM of each Micro Community the freehold property owners establish the annual budget and elect the Board from within their members.

3: MIRAFLORES TIMESHARE CLUBS

The first Timeshare Club at Miraflores was established in 1984. Today the Timeshare Clubs at Miraflores consist of over 200 apartments and townhouses situated within various Micro Communities. As members of the Micro Communities, the Timeshare Clubs participate and contribute in relation to the number and size of the timeshare properties.

A number of elected Committee Members and Management Companies administrate the various Timeshare Clubs at Miraflores, which includes approximately 6,500 members who are the owners of approximately 10,000 timeshare-weeks. Each Timeshare Club elect the Committee Members of their club at their AGM, while the Committee Members establish the annual budget.

The task of the Management Company is the maintenance of the interiors of the properties as well as the refurbishment of the furniture and fittings of the properties, while also providing and maintaining the required extensive service and leisure infrastructure, - all under the watchful eye of the elected Committee Members.

  
                                                                                                                                                                                                               Page designed by Dory Shakiba

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