Could we ask GT to reduce the size of the project and reduce the prices?

I do not know how many of you have bought more than one appartment or house as an investment, l but I've got an idea that I would like some feedback on...

In my case I have signed up for 4 appartments (1 to own and 3 to sell with profit to finance the one to keep) OK You do not have to tell me that it was a bad idea, but it seemed as a really good idea at the time

Now I am at risk to pay the rest of the cost for the 4 appartments and by that risking to loose even more money, and that does not seem to be a good idea at this time

SO my dream situation would be to get something for the money that I have already paid to GT. I really would like to have a place of my own in Spain.

And in all fairness, I do not think GT is gaining anything by building something that people does not want - but again I would assume that they are more than willing to build the houses that people want.

And given the current market situation in Spain these days we should also ask for a reduction in the price. GT must be saving something on the general market situation.

So if anyone in GT reads this I wold be keen to have some feedback of the possibilities to start negotiations.

Anyone else that have some thougts on this...

Yes Ogo I would not mind one of those free cars, may be I'm dreaming but you never know.

Regards Evad


This message was last edited by evad on 10/10/2008.

Are you 'tonto!!! ]   Reduce the size!!!   With the state of the Economy within Europe, etc etc, and we have to consider those of us who purchased when the Euro  was much weaker, how many purchasers want to go forward??? So..... with contracts ceased, and NO  NEW contracts on offer from Trampolin HIlls [ and no correspondence from them either]] where do we go from here?? 

Problema!!!

Well well.. I know I'm asking for trouble frome some of you guys hehe.. but just give it some considerations

I personally do not think it is such a bad idea...food for thougt - for GT at least..

Not sure now is a time for discussing how the development oculd be re-sized think we need first to have a development. 

Whilst the Euro exchange is a problem at the moment even with a go ahead at the end of this month there's going to be some time before additional funds are required and the exchange rate will no doubt change again before then, one way or another. We are on phase II so I guessing 18 months - 2 years.

Personally would not be interested in re-scaling the project more interesed in it happening. Although would not be adverse to some added value being thrown in for our wait.

I think that if they have to redesign the project we will get even more delays with more planning applications

Too right we can do without any more delays, if you check some other developments you will notice there are lots of bad things for other developments too but at least they are past the final licence stage, though the exchange rate is a nightmare to some of those who are completing now, and I dread to think what the threads on here would be like if we were completing today. As we are on phase 2 or 3 depending on which paperwork you go by, the exchange rate should have altered hopefully by then, also those that are completing today and need a mortgage well good luck to them, and my final comment !! anyone going over soon ? let us all know.

Regards Evad

We are going over to Murcia on Saturday for a week, and hope to learn something on this trip.  Will report back on our return. Our view is that we still want to have our home in Spain - the sooner the better, as we do not get any younger!  We are also phase 2 or 3.

My parents are going up for a meeting on 20th and to choose yet again (lots count of how many times now) new materials.  They will obviously be asking numerous questions to which I will let you know all the answers.  If any of you have any questions let me know and I will add them to the list.

Tracy

-It could be worth while to ask of preliminary schedule for phases 1, 2 and 3.
-Ask also the date of the meeting in the city hall in CdR
-You could also ask if GT is influenced by the general situaion in Spain and the rest of Europe if yes,  what measures they take to deal with it

OGO