Quote:
Originally Posted by simpywimpy
Just spoken to another UK based developer who tells me that the problem with the planning for the beach is that the government are only allowing the building of hotels on that stretch of land, not residential apartments like the ones planned. Apparently AH and associates are trying to make it look like a hotel complex to get around it. I have no way of knowing if this info is correct but it might explain the delays in the contracts if they are still outstanding
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I dont think that would be the case with Regency Beach. It has 10 or 12 villas for refurb(Regency Villas) to one side and some residential units (cant quite remember what) on the other side.
I saw the plot earlier this year,thought it was quite narrow.
But,was right on the beach.