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It's not just Spain where off plan goes wrong!!

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11 Jul 2008 12:00 AM by Marksfish in Vera, Almeria. 2627 posts Send private message Leeds was to have had the largest blocks of inner city flats (luxury apartments) built. 600 of the 900 units had been sold when the developer decided to mothball the project. It is said that investors *will not* be having their deposits returned. See the BBC news article here. And some thought our system was so much better than the Spanish one and gave more protection!! Mark 0 Like Spam post or abuse? Please let us know
11 Jul 2008 3:06 PM by EOS Team in In Spain of course!. 4015 posts Send private message Things are getting worse and worse everywhere. We've seen this happenning in other countries too recently. I wonder if buying off plan will ever be seen as a viable investment again?? Justin _______________________ Schools in Spain Guide \| The Expat Files \| Learn Spanish \| Earn a living in Spain 0 Like Spam post or abuse? Please let us know

The Comments

11 Jul 2008 12:00 AM by Marksfish Star rating

in Vera, Almeria. 2627 posts Send private message

Leeds was to have had the largest blocks of inner city flats (luxury apartments) built. 600 of the 900 units had been sold when the developer decided to mothball the project. It is said that investors will not be having their deposits returned. See the BBC news article here.

And some thought our system was so much better than the Spanish one and gave more protection!!

Mark

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11 Jul 2008 3:06 PM by EOS Team Star rating

in In Spain of course!. 4015 posts Send private message

Things are getting worse and worse everywhere. We've seen this happenning in other countries too recently.

I wonder if buying off plan will ever be seen as a viable investment again??

Justin

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Schools in Spain Guide | The Expat Files | Learn Spanish | Earn a living in Spain

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