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Polaris World building again for Paramount Theme Park
09 February 2011 @ 15:25

In recent weeks, two Murcia-based property developers have announced grand plans for new build residential projects in 2011. One, Lake Argos, promises 500 ultra-modern detached homes in a nature reserve setting whilst Polaris World is adding 400 new units to its vast golf-led Murcia property portfolio.

Local real estate company, Mercers, wonders if this could be premature. After 14 years on the ground in the established resort of Camposol Golf in Mazarron, Director Chris Mercer has plenty of experience to draw on.

“The positive news is that these brave developers are showing confidence in the Murcia property market and the return of the holiday home buyer. I imagine that both entities feel that the market has bottomed, prices are indeed 50 to 60% off bringing them down to levels of a decade ago, and from here the only way is up.

"However, as an agent, we genuinely have little demand for off-plan property and in fact haven’t sold one in around two years. My concern is that the Paramount Theme Park has, in part, prompted the decision to launch these new builds and we may be just a little premature.”


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Michael Hardy said:
10 February 2011 @ 08:49

Polaris Worlds 400 new builds, arent these just the Isla project which is currently being built Las Terrazas de la Torre Golf Resort ??? hardly 400 new units just ones currently under construction from a previous release. I'd be interested to know if they are planning to build 400 new homes and on which resort if its not the Isla.
Polaris should concentrate on fixing the homes that have already been handed over that are now and have been for a while suffering damp and other problems. Very poor after sales service and customer relations

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