HarveyD and Law are for the development, hence they have invested
Lysos, myself and perhaps others have not invested.
Fair enough HarveyD and Law have more to lose, but if they have 10%, they should not lose so much.
The point of the forum was to discuss.
Personally I am not here to bad mouth, I am trying to tell people what I think as I have been to the area, I live in Spain and work in property.
Polaris made millions building in the middle of nowhere. Maybe Jardins will as well.
A few points
1. Whatever peoples opinions are, that is there opinions.
2. All comments must be kept polite and respectful.
If you can not respect others then please dont post.
People contribute for whatever reason, it is a public forum, and we all have the freedom to express our views, even if they are contrary to one another.
So from now on. Zero disrespecting others.
Keep to the topic. No more insults to me, I have not insulted any of you contributers.
Thank you.
Quote:
Originally Posted by Lysos
Master Harvey,
I am an investor, not a speculator or a gambler, nor a Spanish property dealer (who are anything but busy ) which is why I don't need to work. This development - which so far is nothing more than a proposal on paper - is not making money for those with cojones to invest, it is actually costing them the interest their money could have been earning on deposit. Have you bought ?. What safeguards do you have that if this ever gets planning permission, that all the promised amenities will be provided ?. I'm willing to bet your sales contract makes no mention of them. For the sake of all those who have put hard earned money into this, I hope that it does prove a success, unlikely as that may be. Assuming buying costs of @ 10 %, loss of interest over say, three years, @ 6.5 % p.a. plus selling costs, you will need an uplift of more than 30% just to break even.
Still think this is a no brainer ?.
When you have actually realised your 'investment' please come back on here with the figures, and I will willingly eat humble pie.
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