Reinforced concrete frame.

Piled foundation with reinforced concrete raft.

Flat roof insulated as per legal requirements.

Roof terrace with pergola.

Tiled floors on roof terrace.

1/2 Brickwork masonry with single layer render finish, light colour.

Thermal insulation with rigid polyurethane foam.

Double cavity brick partition wall.

External carpentry: Coloured, polyester coated aluminium, with CLIMALIT or similar 4/6/4 glazing, with sliding, hinged or non-opening windows, depending on recess.

Aluminium blinds, except in some places, with internal thermal insulation.

Double cavity brick masonry of internal partition walls.

Separation between apartments with double walls with intermediary rock wool insulation, floated and set with visible white plaster.

Hall flooring and skirting board: Marble.

Walls: smooth plaster surface finished in plastic paint, light colour.

Flooring and skirting board: Marble.

Walls: smooth surface plastic paint, light colour.

T.V. and Telephone points.

Floor: Top quality tiles.

Walls: Top quality ceramic tiles.

Ceiling: False ceiling in white plaster.

Kitchen fittings:

Large capacity wall and floor cupboards.

Equipped with extractor hood, oven, ceramic hob, sink, microwave and refrigerator, with stainless steel finish.

Fully integrated washing machine and dish washer.

Work surface in spanish granite.

Floor: Top quality tiles.

Walls: Single layer plaster finish, combined with Aluminium louvre door.

Flooring and skirting board: Marble.

Aluminium handrail in a polyester coated finish in same colour as window frames.

Safety barrier made of renderd brick in a light colour with safety glass.

T.V. point.

Water point.

Internal doors: white lacquered wood doors.

Fitted wardrobes: lacquered wood doors with fitted shelf and coat rail.

High Security front door.

Flooring and skirting board: Marble.

Walls: Smooth plaster surface finished in plastic paint, light colour.

Ceilings: White, smooth plaster surface finished in plastic paint.

T.V. and telephone socket.

Bathroom :

Painted plaster ceiling.

Marble flooring.

Top quality ceramic wall tiling.

Shower tray.

Top quality white bathroom fittings.

Mixer taps.

Halogen lighting in ceiling in wash hand basin area.

Main bathroom:

Painted plaster ceiling.

Marble flooring.

Top quality ceramic wall tiling.

Ivory-cream marble top with fitted wash hand basin.

Mixer taps.

Top quality white bathroom fittings.

Fitted mirror.

Halogen lighting in ceiling in wash hand basin area.

Hot/cold air conditioning in lounge/dining room and bedrooms with equipment in false ceiling in bathroom and ducted-distribution to rooms.

Electrical installation as per Low Tension Electronic Regulation (R.D.842/2002 of 2/8/02) and Complementary Technical Orders.

Installation of telecommunications infrastructure as per R.D. 401/2003, of 4 April and Order CTE/1296/2003 of 14 May.

Hot water produced in electric water heater, glass-lined with protection plate.

Flooring and skirting board: Marble.

Garage: concrete floor, with non-slip finish.

Walls: Plastic paint in garage in two colours.

Certified Fire resistant panelled doors at garage entrance and in equipment zone as required by Spanish law.

Community access with motorised door and remote control activation.

Installation of forced air extraction ventilation, CO detection and fire extinction, as per current legislation.

Water point in garage.

Garage and Store Room in basement.

One lift per block, 6-person capacity, from basement to top floor.

Swimming pool.

Children’ s swimming pool.

Children’s play area.

Paddle tennis court.

Solarium.

Gardens.

Men and women’s sauna.

Activity room.

Games room.

Changing rooms.

Toilets.

Automatic sprinkler system.

Ground-level parking spaces.

Access control hut at estate entrance.

Door entry phone.

Parabolic aerial.

Ten-year guarantee.

Insurance guarantee for money deposits as required by Spanish law.

Development of apartments under construction

Name: Beta Iniciativas S.A.

Address: c/ Caídos de la División Azul 1. 28016 Madrid

Registered at the Madrid Trade Registry on the 21 st of October 1993, book 7017, section 8, page M-114113, 1 st inscription. Constituted by public deed granted by Madrid Notary Public Mr. José González de Rivera Rodríguez the 18th of October 1993 , protocol number 2.867.

ARCHITECT:

Name: Mr Javier Allona Alberich, registered at the Madrid Official school of Architects with number 6206 and at the Almería Official School of Architects nº 5632 and Mrs. Laura Díaz Gómez registered at the Madrid Official school of Architects with number 7426 and at the Almería Official School of Architects nº 5631.

Address: calle Jerez number 3, 28016 Madrid . Tel: 00 31 91184 1950 Fax: 00 31 91 252 23 91

CONSTRUCTION LEGAL PERMISSIONS:

For phase I: file number: 2989/2005. Legal permission for building 56 apartments and parking spaces, date of issue: 28 th of July 2005 for 45 apartments and 15 th of December 2005 for 11 apartments).

For phase II: number: 5019/2005. Legal permission for building 68 apartments and parking spaces, date of issue: 24 th of November 2005