PEBBLE BEACH VILLAGE MAGAZINE No. I

SALES TOPTHE 300MARKPebble Beach Village isnow one ofthe fastest sellingdevelopments in Tenerife.

VILLAGEUPDATEConstruction is progressingwell on all projects and weare pleased to announce thehandover of Project Gemini.

PEBBLE BEACHSERVICESTo ensure that your propertyis well managed, we in-troduce our new propertymanagement company,Pebble Beach Services, S.A,

GOLF REPORTAmarilla Golf and CountryClub is taking shape - andis beginning to attract topgolfers. We report on thevisit of Ryder Cup star,Eamonn Darcy.

SATELLITE T.V.Tuning into the 'Beeb' anda host of other topentertainment.

Above: Project Gemini.Below: Project Aries.Inset Luxury and views to match.

CUSTOMER RELATIONS ATYOUR SERVICE

As property sales and building progress advance ata steadily increasing rate, the Customer RelationsDepartment is expanding to keep pace. Thisdepartment will now come under the umbrella of thenewly formed management company, Pebble BeachServices S.A. (see back page), but the establishedformat will not change. Now employing fourpersonnel and a secretary, this section deals withhandovers of apartments to owners, on-goingmaintenance and handles general after-salesenquiries.

One service that thedepartment provides toowners is the provision offurnishings. Furniturecollections are preparedfor each Project to enableCustomer Relations to offera comprehensive service.This service includesdelivery, installation andquality control whichenables owners to furnishtheir properties with theminimum of inconvenience.

A wide choice of stylesand fabrics ensure thatthere will be a high degreeof individuality as well as avariety of furnishings to suitall tastes and all budgets.

A good example of thiscombination is thefurnishing of the one-bedroom show apartmentin Project 3, Gemini. Thecollection shown in thephotographs on this page

EDITORIALWe are very pleased to bring you up to date with

progress at Pebble Beach Village through thepages of our 'new look' company magazine called'The Villager'. We have chosen this name for the

magazine as this is how we like to think of you, ourvalued clients. To us you are not simply 'buyers' or

'investors' or just 'customers'. Having purchasedproperty at Pebble Beach Village, you have joinedlike-minded people who are looking for more than'just another holiday home in the sun' . . . and whilst

this is one side to Pebble Beach Village there ismuch much more. As you will read in the pages ofthe 'Villager', our company is growing rapidly. We

have a wealth of experience in all departments andour philosophy throughout is to take care of our

clients, as Pebble Beach 'Villagers'. The publicationof the Villager is to keep you in touch with progresson site in Tenerife, to inform you of developments,

and to remind you that there is an alternative to thecold winter weather of the U.K.

'The Villager', Pebble Beach Village,Centro Comercial Las Palmeras, Local No. 14,

Playa de las Americas, Arona, Tenerife.

is both tasteful andreasonably priced ataround £3,500 includingcurtains, ceiling fans andother touches of luxury.One Pebble Beach'Villager' recentlycommented,"7736 furnishings do a greatjob of complementing thefinish and quality of the

apartment. I am delightedwith the result".

Before the next edition of'The Villager', we hope tohave our new furnishingbrochure which willcoincide with thecompletion and handoverof the first phase of Project5 Virgo.

300 AND RISINGSales of apartments at Pebble Beach Village havetopped the 300 mark. On average, during 1987, oteproperty a day has been purchased and there is nosign of this trend changing. A quick look at theoverall plan of Pebble Beach Village can be usefulin charting the success of the development.Project 1, Aries,overlooking the 6th fairwaywas completely sold outseveral months ago andthe majority of apartmentsare already in use.Project 3, Gemini, whichoverlooks the 11th and13th fairways is also soldout with the construction ofthe first phase alreadycompleted.In Project 4, Leo, whichoverlooks the 12th greenand the proposed 300berth yachting marina, 50%of the first two phases arealready sold,In project 5, Virgo, thefirst phase is also sold outwith completion due forJanuary 1988. The secondphase is 70% sold.

In its unrivalled position atthe very edge of theAtlantic Ocean, ourprestigious project 6,Libra, with its' luxury villa1

style apartments and largeopen terraces is already50% sold.Project 7, Scorpio, whichhas north and south facingapartments on 3 floors is80% sold out which meansthere are just 16apartments still available inthis project.And finally, project 8,Aquarius, with a selectionof 2 bedroom duplexapartments overlooking the11th and 13th fairways hasachieved a 65% sell-out inphases 1 and 2 in littleover 6 months with thethird phase soon ready forrelease.

This demonstrates thestaggering success ofPebble Beach Villageduring 1987 and as moreproperty is released, it isbeing purchased at anunprecedented rate. Oneof the next projects to bereleased will be Project 9,Pisces. This will beavailable for purchaseearly in 1988 and willcomprise a range ofluxurious one and twobedroom apartmentscomplemented by anattractively landscapedtropical garden withswimming pool andspacious sun terraces.

PEBBLE BEACH VILLAGE

Proje'

Project

LEGAL ANDFINANCIALSECURITYOne of the reasons for thesuccess of Pebble BeachVillage has been, and willcontinue to be, the legaland financial servicesoffered by ourdevelopment team. Byusing a U.K. based groupof solicitors, aconventional exchange ofcontracts is carried out.Glaisyers, a well knowncompany of solicitorsspecialising in Spanishproperty transactionsbased in Birmingham,have been fully briefed onall aspects of ourdevelopment and are ableto advise clients on thesuitability of theirpurchase. We also retainthe services of Englishspeaking Spanish lawyersin Tenerife to act on ourbehalf and will willinglyrecommend any clients tocontact English speakingSpanish lawyers in Londonwho will represent themas purchasers.Clients requiring financialassistance to complete thepurchase of an apartmentat Pebble Beach Villageare able to benefit fromthe special arrangementsmade by our company inassociation with blue-chipBritish and Spanishfinancial institutions.

VIDEOOur new 14' promotionalvideo, which was sent to allPebble Beach Villageowners has been veryfavourably received, Thevideo was produced in Julyby a film crew and directorfrom London . . . and theirexpertise speaks for itself.At this time, the huge scalemodel of Pebble BeachVillage was delivered toour offices. The model,which is one of the largestto be found in Tenerife, is 3metres by 3 metres andbeing able to view theentirety that will be PebbleBeach Village hasprompted a familiarcomment . . . 'I didn'trealise it was such a vast.development'.

CONSTRUCTIONThe speed of construction is not only attributable to oursales success but also to a management team thatbelieve in investing in professionals and technology.Since our last communication, the management team hasincreased in size with three new 'aparejadores' (quantitysurveyors) who are responsible for different constructionprojects, Due to some of the problems of obtainingsupplies in Tenerife (due to its location and the hugedemand for building materials) a full time buildingsupplies purchaser has been appointed and additionaladministrative staff have been employed to helpovercome these problems.

Investment in machinery has also been considerable. Inaddition to the JCB Telescopic acquired earlier this year,we have recently purchased a JCB 820 PowerSlideCrawler Excavator at an investment of £100,000 whichwill be used for rock breaking and excavation forunderground car parking for future projects and generalfoundation work.

PEBBLE BRIDGEHaving invested in morepersonnel, we are nowbuilding somewhere tohouse them all! Plans arenow well advanced forPebble Bridge which willbe the company's newmanagement andadministration building.Situated at the top of the'barranco' (the ravine),adjacent to Project Aries,this building will house thePebble Beach Village mainreception, a luxuryrestaurant and terraceoverlooking the swimmingpools and landscaped areadown to the water's edge.

SPORTS AND LEISUREThe company is also inconsultation with variousspecialist architects for the _design and construction ofthe indoor/outdoor sportscomplex and air-conditioned shoppingcentre which will add thenecessary commercial,sports and leisureamenities to Pebble BeachVillage . , . and if you'renot the sporty type and justwant to relax in the comfortof your own home, therecent purchase of 60large palm trees andconsiderable nursery stockwill ensure a truly tropicalflavour.

Thanks to the efforts of our *'Pebble Beach Developments

rapidly gaining momentum. Wioccupation, others can look

forward to the near future whenthey will receive the keys to

their prestigious holiday hom<

foundations of Aquarius (foregProject 7, Scorpio (background) 'en and Project A nes, November 'c

UPDATEi/vrn construction company,S.A., construction progress isti many 'Villagers' already in

PROJECT 1:ARIES.All 61 apartments havenow been completelyfinished, including theinstallation of theswimming pool. Thewhirlpool spa bath is soonto be added and thepoolside furniture is on itsway. The bar/cafeteria isdue to open in Decemberwith seating for up toapprox. 50 people. Thereis a small shop and guest

reception area which willoffer registration facilitiesfor guests and a night timesecurity officer. Thegardens are now maturingwell and the recentlyplanted palm treesbordering the 6th fairwayare part of the finallandscaping of this project,Almost all apartments arefurnished and in use byowners orare beinglet ontheir behalf.

PROJECT 3:GEMINI.The latest apartments to becompleted in Pebble BeachVillage. In phase 1, 16apartments are ready foroccupation duringDecember. The pool areais finished with a waterfallas one of the attractivefeatures and the gardenshave been landscaped. Inphase 2 of this project, thefoundations are being dug- all 22 apartments havebeen sold for some time.

PROJECT 4: LEO:PROJECT 6:LIBRA:PROJECT 8:AQUARIUS.These three projects are ata similar stage ofdevelopment with thefoundations of the initialphases approachingcompletion. All threeprojects are over 65% soldout.

PROJECT 5:VIRGO:The 1 st phase of thisproject (30 apartments) isdue for completion duringJanuary 1988. It isanticipated that theremaining two phases willbe finished by the end of1988 which will completethe western boundary ofPebble Beach Villagebordering the 6th fairwayand 5th green of the firstAmarilla Golf and CountryClub course.

PROJECT 7:SCORPIO:Sales have progressed sowell that it is almost beingbuilt as one phase ofconstruction. Building is upto roof level in phase 1 andthe rest of the project iswell advanced. Thearchitecture of Scorpio hasmuch to do with itspopularity, It is built in aCanarian style, withcourtyard and fountaingarden bordering the 1 Othfairway. The 94 apartmentsall benefit from having anattractively landscapedpool area.

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SATELLITE T.V,. A FIRST FOR PEBBLE BEACH VILLAGE

The race to provide the English speakingcommunity of Tenerife with English speakuigtelevision is a race that is being fiercely contested.Here at Pebble Beach Village, we are proud toproclaim that we are already leagues ahead inproviding this service - with the result that we areacknowledged as the first development m Tenerifeto offer our owners reliable satellite televisiontransmissions.The main obstacle toovercome in providingsatellite'T.V. to Tenerife, isthe weakness of the signalreaching the CanaryIslands. In NorthernEurope, reception ofsatellite T.V. isstraightforward - a small 2metre dish andinexpensive electronicequipment works well -since the main 'footprint' ofthe satellite is aimed at theaffluent, highly populatedarea of Northern Europe.The geographic location ofthe Canary Islands meansthat a much larger dish,plus sophisticatedelectronics, are needed toobtain good sound andvision from the satelliteINTELSAT VAF11.

The 10 metre diameter satellite dish.

24,000 MILESHIGH

The Intelsat VA Fl 1satellite orbits the earth24,000 miles above theequator and the signalfrom the satellite isstrongest over the U.K. Sohow does this signal reachthe properties at PebbleBeach Village?In conjunction with PebbleBeach Village, WestonDevelopments Ltd. of NewMilton, Hampshire,completed the installationof the 10 metre wide dishantenna in July. The hugeparabolic surface of thesatellite dish is the resultprecision engineering,maximum allowable errcin the 10 metre diameteibeing less than 50thousandths of an inch./The

parabolic shapeconcer/trates the weak

:rom the satelliteonto fie special electronic

.ent where it isprocessed and ultimatelydelivered to a cable fordistribution in a form whichcam be received by anordinary T.V. set.

ICEIVING YOUjOUD AND:LEAR

Work on the satellite TVreceiving system is nowcomplete and the signalsare cabled to the newshow house in Project 3,Gemini. Remainingapartments will be cabledup for satellite T.V. fromSpring 88 onwards . . , andthen Pebble Beach'villagers' will be able toview a wide .range of highquality televisionentertainment.

Five T.V. Channels areproposed.Channel 1 will provideChildrens Channel andPremiere, which offersmainly films.Channel 2 will offer ArtsChannel, Lifestyle (soapoperas and programmes offemale interest) andScreen Sport.Channel 3 is the CableNews Network, anAmerican channel whichwill not be widely used atPebble Beach Village as itconcentrates almostentirely on American newsand current affairs,Channel 4 is MTV(Europe) a music televisionchannel providinguninterrupted pop-musicvideos.

But the best news issaved until last.The fifth channel will beoffering a blend of bothBBC1 and BBC2programmes which meansthat after a round of golf,or a day on the beach,'villagers'can relax and puttheir feet up and switch onto programmes likeEastenders, Last of theSummer Wine, The TwoRonnies, the Six o'clockand Nine o'clock News,live sporting events suchas snooker, cricket andtennis and much, muchmore.It is estimated that the costof receiving satellite T.V. atPebble Beach Village willbe easily affordable to allowners. The cost ofinstallation, cabling thecomplex and supplying thetelevision sets will beborne by Pebble BeachVillage and an annual feewill be payable by ownerswho wish to enjoy theservice.The success of satelliteT.V, in Pebble BeachVillage provides 'villagers'with a unique leisurefacility. No otherdevelopment in Tenerifecan match the service thatour satellite T.V. offers. Sosit back, switch on andenjoy a feast of televisionentertainment!

GOLFINGPROGRESS

The development of AmarillaGolf and Country Club is movingalong rapidly. The focal point ofthe development is the luxuriousClub House where members canenjoy the facilities of the bar andrestaurant or simply relaxaround the large pool in theSpanish style patio area. Some ofthe recent improvements to thegolf course start just outside theClub House.Adjacent to the first tee, theputting greens arebecoming well establishedto help you get your eye inbefore you tee off downthe first fairway. Havingplayed three holes, youmay have worked up athirst so the new bar/restaurant overlooking thethird green is a welcomeaddition . . . and there'salso a new swimming pool

for good measure! Havingreplenished the energyreserves you will be ableto take advantage of thenew back tee on the 4th.Similar new back tees arealso to be installed at the5th, 6th, 10th, llth and 16thholes. Beside the 4thgreen, a new Canarianrock pool and garden isbecoming established asan additional feature,

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On the 2nd 9 holes someother improvements havebeen made. In between the9th and 1 Oth fairways anew lake is under,construction and two newlakes and a stream arecomplementing the l l th,12th and 13th fairways.It is encouraging to see thegolf course taking shape.The vast system of

sprinklers are constantlywatering the course and aswe go to press, DonaldSteele, the coursedesigner, is visitingAmarilla Golf and CountryClub to inspect the courseand progress made. Hisvisits will become morefrequent as the first 18 holecourse nears completion.

STAR VISIT!AMARILLAGOLFAlso at the time of going to press, it was encouraging towelcome the visit to the course by top Ryder cup golfer,Eamonn Darcy. Eamonn arrived at the beginning ofDecember and played the first 9 holes with his hosts.During his visit he also held golf clinics offering tuition togolfing owners at the Club. In the next issue of TheVillager we'll have a full report about his visit.

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MANAGING YOUR INVESTMENTBIRTH OF PEBBLE BEACH SERVICES S.A.Having made a considerable investment inproperty in Tenerife, you NEED to beassured that your investment will be wellprotected. As Pebble Beach Villagecontinues to grow, it m mem •is in the interests of •' ,fboth our development ^company and you, ourclient, that standardsare maintained at ahigh level.An important recentdevelopment under thePebble Beach Villageumbrella is the creation ofthe property managementcompany, Pebble BeachServices, As the sitedevelops, its'responsibilities willencompass the day to daymanagement and runningof the residentialaccommodation, Thefollowing operational areaswill be under the control ofPebble Beach Services.

- letting service: -through our links withtravel companies, we willbe able to offer PebbleBeach Village to a widerange of holidaymakers, Bycontrolling the lettingservice we can ensure thatany rental agreementsconform with Spanish lawand offer the best possiblereturns to owners.

- cleaning services: -whether you just wantsomeone to do thecleaning whilst you enjoyyour holiday, or you want aregular cleaning service inyour absence, ourmanagement company willbe happy to arrange thisfor you,

- laundry services: - ofparticular interest toowners who wish to lettheir property and to those

Maintaining

owners who require alaundry service whilst onholiday.

- guest reception: - ifyour family or friends arestaying in your apartment(or it has been let on yourbehalf) a friendly face atreception will start theirholiday off on the right foot.

- medical facilities: -there is good provision ofmedical facilities in thesouth of Tenerife but weintend to supplement thesewith an on-site medicalservice which was recentlyput into operation.

- security service: - foryour peace of mindwhether you are inresidence, whether yourapartment is let orunoccupied.

- management of sportscentre and commercialfacilities: - as theadditional facilities becomeavailable at Pebble BeachVillage, our managementcompany will be

responsible for their day today running and willensure that all Villagers'get the service they expectfrom a top class holidayresort whether they areowners or holidaymakers.- property maintenance: -our maintenance team willundertake regularmaintenance of communalareas and institute a longterm maintenance planthroughout Pebble BeachVillage. A 24 hr.emergency maintenanceservice has also just beenestablished.

BUILDINGGUARANTEEINSURANCEIn order that clients mayhave the added benefit ofa totally risk free purchase,Pebble Beach Village havearranged an optionalinsurance cover withCredito y Caucion, one ofSpain's leading insurancecompanies. This insurancecover protects the clientfrom loss of monies paidshould Pebble BeachVillage cease trading andnot be able to completethe client's apartment.Cover is provided onreceipt of a singlepremium and ensures thefull return of all moniespaid by the client plus 6%p.a. interest, The premiumdepends on the time spanof the purchase period butfalls within'/2-l% of thepurchase price of theapartment, Shouldcompletion of theapartment occur inadvance of the contractdate, a premium rebatewill be paid to the client.This service will ensurethat you, the client, can

purchase in totalconfidence from a whollyBritish owned companywith perhaps the finest andsafest purchasingprocedure in the whole ofSpain and it's territories,

PROOFThe success of PebbleBeach Village is alreadyassured. It is an ambitiousand exciting developmentby a company that offerscomplete security. But theproof of the pudding is inthe eating. Of the many'villagers' that havepurchased apartments atPebble Beach Village, 33have made multiplepurchases and 14 havemade subsequentadditional purchases afteran initial 'first taste'. Over1,000 prospective clientshave visited Pebble BeachVillage this year . . . andnearly a third of those haveliked what they've seenand have become 'PebbleBeach Villagers' . . . andwith their propertyappreciating at around30% p.a. who can blamethem!

PEBBLE BEACHVILLAGE MAKESITS MARKMore and more people arehearing the name 'PebbleBeach Village'. Attendanceat numerous overseasproperty exhibitions (seepage 7) which are mannedby our main U.K. agent,Topaz Properties TenerifeLtd., ensures that weachieve maximumexposure, As our excellentreputation becomes morewidely acknowledged, weare receiving veryfavourable mentions inmajor U.K. publications. Todate we have beenfeatured in the SundayTelegraph, Golf Monthly,Homes Overseas, Homesand Travel Abroad andGolf Holiday Digest.

UNITED KINGDOMPrincipal Agents

TOPAZ PROPERTIES TENERIFE LTD4 Queens Avenue, Hastings, East Sussex TN34 1PA

Telephone: Hastings (0424) 424008 (24hrs.)Fax: 0424 721170 Telex: 95726S Senlac G

TENERIFEPEBBLE BEACH VILLAGE

Centre Commercial Las Palrneras Local 14,Playa de las Americas, Arona, Tenerife, Canary Islands.

Tel: 79 24 61, 79 35 59 (Code from UK 010 34 22)Fax: 79 33 14 Telex: 91361 PBV E

PEBBLE BEACH VILLAGE