All expenses incurred for the shared facilities such as the landscaping, deep well and irrigation system, pool , fences, and infrastructure electricity, TV and internet will be transferred to the Owners Association (VVE). Buyers are compulsory members of the VVE and can vote to elect members of the VVE board. Members of the VVE board do not necessarily need to be members of the VVE. Transferring these facilities to the VVE likewise transfers the maintenance obligation to the VVE. In order to cover these costs, residents of Cocolora will be susceptible to a monthly payment obligation.
Owners Association: Contribution set at Ang. 300 / month this includes the building insurance.