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Arenal Duquesa Phases 1,2,3,4,5,6 forum threads
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16 Jan 2008 12:00 AM by Pdrich1 Star rating. 261 forum posts Send private message

We have just had our apartment re-valued at 237k, incidentally the same valuation as 12 months ago.  Hope this gives you folks out there in the process of completing, the feeling you have done the right thing.  We know we have.


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17 Jan 2008 10:34 PM by mikedonohue Star rating. 121 forum posts Send private message

Hi there we are just completing on 1st phase block 7 Entrance 22 1st floor B woudl you have any idea what this property is now worth?

Mike




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17 Jan 2008 11:04 PM by Pdrich1 Star rating. 261 forum posts Send private message

Probably the same as mine, mortgage valuation anyway.


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18 Jan 2008 6:48 AM by mikedonohue Star rating. 121 forum posts Send private message

thanks very much I assume Mortgage company accepted this?


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18 Jan 2008 7:10 AM by Pdrich1 Star rating. 261 forum posts Send private message

Yes, they did the valuation.  A bank called UCI.


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18 Jan 2008 7:22 AM by mikedonohue Star rating. 121 forum posts Send private message

Thanks very much indeed where are you in Arenal?


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18 Jan 2008 8:53 AM by mikedonohue Star rating. 121 forum posts Send private message

Its interesting as our value is coming in around 180 euros, suppos eit depends on how cautious or not the lender is...I would always side on the caution route. Not sure its relevant as its only what the lender values it at not what we coudl sell it at


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18 Jan 2008 10:23 AM by jmtwsm Star rating in Sabinillas CDS. 191 forum posts Send private message

jmtwsm´s avatar

My own valuation is coming in at around 2.5 million euros based on the purchase price + the hassle caused by PrieneSur charged at £185 per hour !!

When it comes to balancing the books, the brain damage may have to be written off.

Jon




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