12 Jun 2007 12:02 AM:

Hi, anyone know what the latest situation is yet. Have they started building yet?!

Community thread: Antequera

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04 Apr 2007 12:06 AM:

I think for most of these off plan developments you have to allow 3 years for the property to be handed over. So, with Lorca, for myself and Dixie at least, we bought early 2006...so if it's ready March 2009 that in my view is ok...if it goes beyond then that is unacceptable...the key to this is when they start building...hopefully summer 2007 at the latest. I was also told they would be releasing a phase 2 very soon as well but I guess they will tie that in with the formal receipt of building licences etc.
Community thread: Antequera

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08 Mar 2007 11:38 PM:

Thanks Dixie

That is very useful information. is that official re the 2nd installment not being required until 12 months after building starts. if so that leaves me with a problem. What to do with the cash in interim?! If anyone else has other views we'd be interested to hear. Incidentally, now looking at Southern Italy for investment but I guess that's for another forum.

Community thread: Antequera

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04 Mar 2007 10:36 PM:

Hi, bought an appartment here Feb 06. Est completion was spring 2008 - i would say this looks doubtful. Does anyone know if all the planning permissions and related legal papers are now in order so they can start the building work. I believe the golf course will be seeded shortly but the actual development has yet to be given the go ahead...according to the Lorca Sales Manager. I am also interested to know if anyone knows when the stage 2 payment is due?

And finally...do we feel this is a good investment?

Community thread: Antequera

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