15 Nov 2007 12:00 AM:

Firstly I'd like to thank all of you out there for your comments recently.

Now for my news : Originally I bought at Condado (Dec 2005) only to have the plug pulled after a few months and be offered a discount at Terrazas of 10%. I  bought in Phase 3 after being offered some unsuitable apartments in Phases 1&2 ( those Polaris would have found difficult to sell i.e. N or NE facing with a view of the course if you had a neck like a giraffe). My chosen apartment was in Block 160, top floor with un-interrupted views of the course.

I have been told this morning by my agents ( Parador) that Polaris yesterday withdrew plans for Phase 3 and was now offering the following:

15% discount on Phase 1 ( build time 18 months) basically an extra 5% discount

10% on Isla and Penthouse properties ready in 24 months

10% on key-ready at La Torre

5% on key-ready at Hacienda

and 5% on Condado Phase 1 supposedy to be ready in  Mid 2008

 

My initial reaction after being changed twice is to cut and run and put the 2 payments I've already made (~50K) into a resale villa I quite fancy further south, but I've asked for availability and prices before I finally make my decision.

Have any of you bought on Phase 3? - Interested to hear from you.

Community thread: Buying a LHD in UK or Spain??

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