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15 May 2008 12:00 AM by pff001 Star rating. 126 forum posts Send private message

As i have said on here before i have bought 12 properties on Trampolin  i bought 10 apartments and got one free and also 1 villa. I paid 100,000 for the 2 bed apartments and 260,000 for a front line sevilla villa all on the 1st phase. Both these properties are now selling at more than the prices i have paid or so i am told. I have invested 820,000 euros into this project and have offered the builder the chance to buy my stake back for 750,000 at a loss of 70,000 euros not to mention the interest for the past 3 years. But i have had no luck at getting some of my money back from Trampolin which to me seems that GT do not have much faith in the project or they would surley have bought my stake back and sold it on for profit




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16 May 2008 7:54 AM by pff001 Star rating. 126 forum posts Send private message

further more nearly every agent i have approached to try and re sell them for me have said that they find the development is too risky when it became apparent that building licenses were unlikely to be granted and their solvency became questionable


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