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15 Jun 2008 9:29 AM:

Seems renting here is turning to be nightmarish. There must be someone who is having a good experience and who knows one that has been good so far on renting/management. WIth a big devt like that, I still don't understand how there are no agents focussing on short / long term rentals in the area besides Alexander Homes and MRI. Most agents in the area are only into sales, it seems. But someone must know something many would like to hear. MRI used to perform (only on long term rental) but things might have changed now. Please if you know someone performing, let us know. Locking up an apartment is not sustenable.

Community thread: Hi

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01 Oct 2007 6:58 PM:

Hello Kevin

I have completed on mine but feel the urge to respond to your post.

I agree with you to some extent. I was sold Marina d'or through Agents and I just believed it was the agents that were sugarcoating it as is the practice now in this industry. It is true the Golf was presented as next to some devts but thinking about it now, it was just an expanse of area which they could claim extended upto the (new) site now.

I noticed not many people have replied to your post. I know that many people feel shortcircuited about the devt so I expected reply posts especially on a hot topic like this. (too hot to handle maybe :-))  I think with the general experience in Spain and most people feeling that with Marina dor especially, they entered the market at the tail end of it (for investment that is), they are all too happy to know that at least Marina dor is delivering on the services/amenities/facilities promised. I guess it is realisation that it could be worse. Marina dor looks like what was promised excepting the  hype, rental performance and Golf site - all used to suck us into buying into it.

With you buying 5 properties with your bro, I am assuming your motive was investmt. The market is not good right now and also quite competitive. What would matter to you most I guess is the preformance of the investmt. Holiday investmts generally (for me) are not that promising. Either the rents dont stack up or it is almost impossible to sell without offering a huge discount. I have to say Marina dor is an impressive devt with a lot of promise, though a bit far in the future as it should be , I'd say!.

It would be hard to hold the location of the golf against them as you are not likely to see such specific detailing on the contract. If you have it and you come up with good 'proof' , I'm on your side.

Currently I think it is difficult to get holiday rentals. At least there is an option to let to locals long term. Like I said- it could be worse.

Ginty



Community thread: Any Salsa classes in Los Alcazares, San Javier or anywhere close by?

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01 Oct 2007 12:00 AM:

Hello all

Please does anyone know a good local Letting agent that can be recommend to let Marina dor apartment either on short or long term? Someone /firm that anyone has had good experience with.

Thanks



Community thread: Yearly Cost of a Spanish Bank Account

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