13 Sep 2007 11:50 AM:

As we are now at completion stage I wonder if anyone has any views on what to do now!

If you have purchased as an investment then it would seem to be a case of disaster recovery!

• If I try to sell now then the likelihood is that it will take time and I will  lose money each month it is empty by having to pay a mortgage. Also, I will need to sell at a few thousand euros below my purchase price in order to be competitive - a loss of thousands of euros plus the monthly mortgage whilst the property is being sold.
•  If I purchase the property, furnish it and attempt to rent out then I may at best be able to cover my costs. Then I will need to sell it  at some point in the future where there may well be a big hotel blocking the view -  it is a gamble that the property market might recover. 

Does anyone have any other options or suggestions?

Community thread: Spanish property scandal petition

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01 Aug 2007 1:39 PM:

Yesterday I had someone take some pictures of the view in front of my apartment ground floor block 3 and it is of this hill - not the sea or a golf course!

I have to take action as I have an apartment I cant sell or rent! Any ideas would be welcome.

Nigel@abelbusiness.co.uk

Community thread: Spanish property scandal petition

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01 Aug 2007 1:34 PM:

My apartment is ground floor of block 3 apartment 2.

With no sign of the hill in front of my apartment being demolished I feel that the developers claim of uninterupted views is a blatant lie. I have asked my lawyer to challenge it. I am claiming a full refund and would be interested to work together with anyone else in a similar position as we all need to share evidence in order to show proof that we have been mis sold.

I know that IPS was the sales organisation who sold me the apartment - any info from others would be useful including success stories!

nigel@abelbusiness.co.uk

 

Community thread: Hill infront of block 1,2 and 3

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01 Dec 2006 12:00 AM:

I have an apartment in Block 3 - number 2, and my solicitor has advised me that this is due for completion on 6 December with the occupation licence coming through at the same time. Seperately I have heard that the occupation licence has not even been applied for for block 3.

Please can any other owners let me know of their knowledge.

Thanks

Community thread: U.K.benefits in Spain.

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23 Nov 2006 1:53 PM:

I am ground floor block 3 and would be interested in a syndicate web and rental site if one is set up.
Community thread: Employees!

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