31 Dec 2008 11:39 AM:

Thanks for that update Dean.

Like you said it is obviously good to see that they are reacting to the market conditions. My concern however with their comment Re infrastructure, is how many of the so called 5 star amenities will get shelved as a result of these necessary cut backs.

Only time will tell and to be honest the events of last year have left me content just to get a property !

 

Community thread: Westin Mojacar Beach & Golf Resort

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25 Nov 2008 9:17 AM:

David - did you not say that the Med Group can no longer give you a completion data................surely this is not a pure coincidence and we are already witnessing the start of some fallouts ?

Community thread: La Manga Club insolvent!

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05 Sep 2008 10:59 AM:

Thanks for the update David.

I think it really does have a material impact on both the rental and resale value given that it will effectively not be recognised as a "full size course" but more a resort course. It would be interesting to know at what point in the build, we as buyers, should be informed of the overall yardage of the course. I know the "rare plant" was mentioned but did people really appreciate the impact on the golf course itself. Many purchasers would have chosen to invest based on the course design and the pedigree of the developers.

As you say, there is probably nothing that can be done and to simply hope that the rest of the amenities are of a supreme standard. Maybe overtime the course can be added to here and there without comprimising the local flora and fauna.

The irony is, as a gofler myself, I can forsee the possiblity of me staying in my apartment for the odd weekend, yet playing at the golf courses in the surrounding areas. Not somehting I originally envisaged when making my purchase !!

Community thread: pollyanna

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01 Sep 2008 12:00 AM:

I was looking at the details of the golf course on the main Playa Macenas website and noted that it seems very short indeed at less than 5000 yds in total and a par 68.

I must admit to be being disappointed with this, as even if the aesthetics of the course are lovely, it is not a long enough course to attract the serious golfer particualrly slightly off season.

I cant imagine this will be good for the winter month rentals as it is certainly not a rival for the likes of La Manga.

Does anyone else have any thoughts on this one or am i missign something re the course size etc ?

Community thread: pollyanna

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17 May 2008 11:31 AM:

Hi Christian

I was a little surprised to read your post re the Med Group and their possible financial strength as I was not aware of any current issues with completion of the development.

Surely any group backed by George Soros and also owners of La Manga would not be short of few quid?

I would also have though that given the developments proximity to the nature reserve, there would also be added pressure and indeed incentive to complete the development to a high standard.

Do the developers not also have a legal responsibility (subject to finance and plans) to complete the project as per the brochure so to speak. After all that is what we all bought into?

Anyway hopefully will all turn out good in the end or be it a bit slower than were first led to believe !


Community thread: Overview

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