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Why to buy
Europe’s most outstanding resort in the world’s best year-round climate
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THE SMART WAY TO BUY A VACATIONHOME WITH HOTEL SERVICE
1. What kind of product are you buying?
2. An exclusive location in Abama Resort
3. Access to facilities and special benefits
4. Rental & Property Management
- Revenues
- Costs
5. Conditions of use
6. Contact
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
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Why to buy in Los Jardines de Abama
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What kind of product are you buying?
THE BEST OF LUXURY APARTMENT LIVING
Imagine owning an exclusive apartment in Tenerife with spectacular views of the Atlantic Ocean, direct access to a secluded beach, an extraordinary culinary offer, and first-class sport facilities. Imagine crisp dawns at the seaside and the golden sunsets of the Canary Islands’ eternal spring in a unique residential community with concierge services and Michelin-starred restaurants. Abama Luxury Residences is bringing dreams to life again with the launch of Los Jardines de Abama. The subtle elegance of this collection of luxury apartments is evident in its contemporary architecture, melding seamlessly with the exuberant natural surroundings.
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
8 9Epitomizing the serene tranquility of one of the most exclusive residential resorts in Europe, Los Jardines de Abama boast a broad range of amenities and different 1-, 2-, and 3-bedroom configurations, as well as a community pool. The discerning buyer will revel in the simple elegance of this haven within our international resort community. Whether a ground-floor apartment with a garden or a duplex apartment on a higher level, Los Jardines de Abama’s spacious 22-116 m2 terraces and large windows let owners enjoy the natural
surroundings and exceptional views of the island of La Gomera.
The properties’ built areas range from 83-200 m2. Constructed to the highest quality standards, all include built-in closets, an en-suite master bedroom, parking, and a private storage space. Appliances and fixtures are all name brands and energy conservation systems are in place to minimise environmental impact in one of Europe’s top destinations.
Why to buy in Los Jardines de Abama
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Why to buy in Los Jardines de AbamaWhy to buy in Los Jardines de Abama
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An exclusive location in Abama Resort
THE HEART OF ABAMA RESORT, TENERIFE.
Tenerife, the largest of the Canary Islands, enjoys a unique micro-climate that distinguishes it from every other destination in the world. And tucked away on the southwest coast of this island lies Abama, a luxury resort that is one of Europe’s best-kept secrets. Our 400 acres are a haven of tranquility and calm, where Michelin dining and world-class services come together in an exclusive ocean paradise.
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
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Why to buy in Los Jardines de Abama
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RESORT FACILITIES INCLUDE
An 18-hole Dave Thomas-designed golf course, named one of the best in Europe for two years running by the editors of Today’s Golfer
The Abama Tennis Academy, featuring 7 tennis and 4 paddle courts
A beach & beach club
12 restaurants (including 2 with 3 Michelin stars between them)
An owners’ Social Club
The Deli Shop
The Kids’ Camp
The Ritz-Carlton, Abama hotel & spa
Various boutiques
Why to buy in Los Jardines de Abama
Beach Club and Beach
Funicular
The Ritz-Carlton, Abama
Golf Clubhouse
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The Ritz-Carlton, Abama
Sales Office
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“Best International Golf Resort in Continental Europe 2019”
Golf Digest
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(1) Dave Thomas’ 18-hole golf course. (2) The Ritz-Carlton, Abama spa. (3) 12 restaurants with a total of 3 Michelin stars.
(4) Kids’ Camp. (5) Beach Club. (6) 7 Tennis + 4 paddle courts.
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Why to buy in Los Jardines de Abama
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THE CENTRAL HUB OF THE COMMUNITY.
Plaza Abama features an infinity pool, two restaurants, a pool bar, a wellness area, a hair salon, a supermarket, shopping, underground parking and a social club
Why to buy in Los Jardines de Abama
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Access to facilities and special benefits
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
THE COMPLETE RESORT EXPERIENCE, AT YOUR FINGERTIPS
Owners of Los Jardines de Abama want for nothing because the community has a full luxury experience already built in. Come, enjoy, and leave happy.
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Owners of Los Jardines de Abama and their guests have access to the Los Jardines de Abama facilities, including:
The Los Jardines de Abama social club
The outdoor pools
The fitness centre
The club restaurant and lounge area
Owners of Los Jardines de Abama will also receive the Abama Owners’ card, offering owners and their family members special benefits and discounts within the resort. Inquire our sales team for further information.
Why to buy in Los Jardines de Abama
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Join our community and become a member of our Prestige Owners’ Club.
Owners of Los Jardines de Abama will automatically gain membership in The Abama Prestige Owners’ Club, launched in late 2018 with the objective of enriching our owners’ lives through wonderful events and carefully curated cultural experiences. The Club hosts our flagship annual event, the Abama Owners’ Cup, but our program has expanded tremendously, both within the resort and beyond the gates.
Owners can look forward to our golf tournaments and clinics, but also to a series of exclusive excursions that let small groups of residents get to know each other and the island, accompanied by expert guides and, in true Abama style, excellent fare.
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Exchange program
The launch of Los Jardines de Abama also brings a special offer for new owners: two years of complimentary membership in our holiday Exchange Programme in partnership with The Registry Collection. This interesting arrangement allows residents of Los Jardines de Abama to not only enjoy the marvelous facilities here at our Tenerife resort, but also exchange holiday weeks at Abama for weeks in over 240 other luxury destinations worldwide.
The first two years of your membership fees are our gift to you as a Jardines de Abama purchaser. After the first two years, you can renew or cancel this privilege as you prefer.
This is a full-service program that also provides:
• A Travel Concierge Service that caters to your every holiday planning need
• Collection Partners, travel service providers that offer special pricing, services, and opportunities for Exchange Programme members
• Guest Certificates, for a flexible way to use your credits and share the joy of travel with family and friends
• Cruise options, to exchange your weeks for a mobile luxury experience
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Rental & Property Management
TRUST IS AT THE HEART OF OUR OFFER
The Rental Program will be managed by an experienced and professional rental management company, MyWay Hotels & Resorts.
The owner will be compensated, every six months, for the aforementioned Rental Use.
Owners may use their property themselves for a maximum period of 6 months (26 weeks) per year.
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
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Why to buy in Los Jardines de Abama
Rental revenuesOwners will receive 40% of the total operating income obtained from the accommodation services provided to guests. This income comprises the revenue from the sale of the accommodations, without surcharges or indirect taxes, after deducting distribution and brokering expenses, including, among other things, commissions.
CostsCOMMUNITY FEES
Owners will be responsible for payment of a monthly community fee, the amount of which will depend on the square metres of the apartment owned.
These costs will include the following services:
Exterior maintenance of your home
Interior maintenance of your home
Technical installations and communications
Security
Swimming pool maintenance and lifeguard
PROPERTY COSTSOwners will be responsible for all property taxes and insurance.
CAPEX RESERVEOwners will dedicate 4.5% of their rental income to Capex reserve annually. MyWay Hotels & Resorts will be responsible for holding the Capex reserve and depositing it into a reserve fund account.
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Conditions of use
Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
INVESTMENT AND ENJOYMENT POTENTIAL
Los Jardines de Abama are a unique type of property that allow you to enjoy the holidays you like and earn rental income as well. The community is guided by a set of conditions designed to maintain transparency and the tranquillity and integrity of the resort.
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1. OWNER OCCUPANCY OF THE APARTMENTSOwners shall inform MyWay Hotels & Resorts, at least nine (9) months in advance of each season, of the time periods they will dedicate the apartment to tourism use.
To that end, there are considered to be two seasons:The Summer Season, which takes place from 1 May to 31 October; Owners must schedule their rental weeks before the prior 31 August.
The Winter Season, which takes place from 1 November to 30 April; Owners must schedule their rental weeks before the prior 28 February.
The periods during which the Owners schedule their apartments to be used as rentals managed by MyWay Hotels & Resorts may be alternating.
2. HOW LONG IS THE TERM OF THE RENTAL PROGRAM AGREEMENT?The duration of the term contract with MyWay Hotels & Resorts for the rental program of the apartment is 16 years.
3. COMMUNITY RULES AND BY-LAWSThere are a set of Homeowners’ Regulations (Community Rules and Bylaws) in place to ensure that Abama’s tranquility, elegance, and visual unity are maintained for the enjoyment of the entire community. All Owners and their guests shall undertake to comply with these bylaws.
Why to buy in Los Jardines de Abama
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Why to buy in Los Jardines de Abama
Los Jardines de Abama, endless views
40Contact
Call us on+34 922 126 011
or send an email [email protected]
www.abamahotelresort.com
Innovative resort management www.arumgroup.es