21 Jul 2008 7:37 PM:

 

I tend to agree with you, with the Spanish market in free fall I feel there’s bargains to be made with re-sale property. I've seen property in Spain be offered anywhere between 20-30%  Below Market Value, if you structure the financial deal correctly you could end up with a property in Spain without the need of a deposit, a No Money Down Deal. 
As for the reservation fee I feel this could be a long drawn out affair but if I can structure a deal like I mentioned earlier, then the potential loss on this development is easier to take.

Community thread: Planning permit

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21 Jul 2008 9:36 AM:

I've just started the ball rolling, when I reclaimed the reservation fee back in Sept 07 my last contact was a Natasha Poinen. I've emailed her yesterday will inform you of my progress if any?
Regards

Community thread: Planning permit

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18 Jul 2008 9:31 AM:

Just received confirmation from the developers of the new Archivel Golf Resort that they plan to increase the Golf Course to 27 Holes, the majority of the site will be kept as planned those affected by the redesign will be offered new plots.
New units on the site will see a 10% increase in price. The contracts are expected to be complete in September 08 waiting for the approval from the environmental study & the Plan Parcial Definitivo.
This one affects Foxtons clients, the new financial structure is 20% deposit due on signing contracts (approx Sept), a further 10% in 9 months followed by a final 10% in 18 months. Differs from the Llanera proposal which might cause me to rethink my investment.
Hope this sheds some light to you all.

Regards

Community thread: Planning permit

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03 Oct 2007 7:03 PM:

Nothing seen in the financial web sites? reuters/FT.com etc. Normally these are the first people to find out, news like this would have captured the british press as well.

Maybe a lot of Chinese whispers?

Community thread: Financial crisis in personal terms

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29 Sep 2007 4:05 PM:

I have reserved two properties in the development, I was already considering cancelling the reservation for one of them (eggs in one basket) but I admit with this financial diffulculty Llanera are having I have decided to cancel the Chalet but will keep the Villa reservation and hang in there for a few months and see what pans out.

But I can ensure you all you have not lost the £2000.00 reservation fee, I have spoke to Foxtons, filled out the cancelation form and received the £2k no problems at all?

Community thread: Financial crisis in personal terms

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