Apartment Purchase

Hi

I am considering purchasing one of the penthouse apartments on Terrazas, does anyone know what the community charge cost will be for the penthouses or, if not, can anyone tell me what the phase one two bed apartments pay to give me an idea. 

Also, do Terrazas owners have there own official website like la Torre & HRhave?

Thanks 

HI

Welcome to the forum sorry can't help with the costing on the community fees  on penthouses as yet  no one as moved into the penthouse blocks  but  from what people are reporting  completions will be taking place quite soon.

Regarding  Terrazas De La Torre own web  here is the link

www.tltgr.org/12.html

Regards

Graham

Still keen to know cost of community fees on phase 1 or 2.  If anyone knows and could post or PM me I would be very grateful.

Phase 1 fees vary by plot size, I own a ground floor end apartment which for my sins is the most expensive (as its the total size of living and patio) and for 2010 my community fees are c€400 per quarter. Resortalia have been renegotating contracts over the last 6 months after taking over from PW. This is going well, a number of costs are coming down but not yet reflected in the fees, this is due to some settlements that need finalising where PW paid for some costs before Resortalia were able to collect fees and  some quality of service issues from PW that Resortalia are quite rightly refusing to pay for.

I have to say that Resortalia have been great so far and sure things will improve further

There is also a view that when Phase 2 comes on line some cost like gardening may be pro-rata across the whole Resort, as well as P1 currently taking the brunt of high security costs needed to cover off the newer developments on the resort.

So - certainly higher than I expected but optimistic they will come down over next 12 months

The Resort is going to be good, after 6 trips since completing in Feb 2009, I am confident it will live up to my expectations in the long run, noone could predict the impact of such a financial crisis we are still in.

I support the comments about Resortalia.  They are doing a really fine job.

We own a Phase 1 Penthouse (3 Beds, 2 Bathrooms) and are paying aroun 1800 Euros a year, about twice what Polaris said it would be before we decided to purchase.  Looking forward to the cost tumbling down!