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Don Juan - Manilva forum threads
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13 Oct 2006 12:00 AM by pwood8 Star rating in Stockport UK. 17 forum posts Send private message

Has anybody received payments from EH Hotels. Interested to see what the variable payment paid out for the first 3 months.


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10 Jun 2007 12:28 PM by pwood8 Star rating in Stockport UK. 17 forum posts Send private message

I assume nobody has signed up with the hotel due to the fact nobody knows what the returns will be.

We are probably all in the same boat using the apartment for family and friends.

I believe the hotel has around 40 rooms to manage not sure how long the EH Hotels can survive with such small numbers.

Working out to be an expensive family holiday.




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08 Sep 2007 10:58 AM by pwood8 Star rating in Stockport UK. 17 forum posts Send private message

Hi, This site is very quiet. I have some interesting information you may find interesting.

Please see attached link - apartments are being sold off at less than we paid in 2005 with a guaranteed 6 months rental income.

In the illustration based on a worse case 60% occupancy level a 1 bed will return 12000 euros minimum per annum.

What do you think - it looks like a good investment to me.

http://www.eurpropertyhosting.co.uk/ebooks/spain/DonJuan.pdf

Happy reading

Paul




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19 Aug 2008 9:11 AM by kenneth Star rating. 1 forum posts Send private message

Hi,
 I am an owner of an apartment at Don Juan.  Anyone interested in restarting the forum here.  If we can get enough owners talking together at least we can know what is going on and maybe develop things from there.  What about developing a committee or a group to see if we can get all the owners pulling together and maybe increase our power in negotiations in the future. 

Ken


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30 Aug 2008 10:25 AM by pwood8 Star rating in Stockport UK. 17 forum posts Send private message

Kenneth,

I agree something needs to happen regarding Don Juan as it has been a White Elephant to date. It is clear that no opportunity to sell will exist in the short term so the rental returns are key. 

I will personally be trying to rent my apartment outside of the hotel pool as I can no longer live with the poor performance.

I am hoping the new management company is more successful but cannot hang around to find out.

Paul


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16 Feb 2011 3:07 PM by debbie01 Star rating in Nueva Andalucia. 11 forum posts Send private message

Hi guys

One of our UK customers has 2 units here.  Unfortunately they have both been affected by the heavy rains of last winter and they are still in deep negotiations with the insurance companies.

They are keen to try and generate some monies but we do not wish to get anyone renting them unless we are sure that the development is in good order.  We have not been to view them for a few months but wonder if you know what the situation is now with the new management team and quite what they have in mind for the development.  Any help or advice you can give would be appreciated.

Kind regards

Debbie




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