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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.
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