Jardin de los Reyes Development in Spain

[AustralianInvestor]

Hi All,

Need some opions on the above develoment located on the Property Abroad - Experts in Property Investment website.

I getting alot of negative views on the Spanish market I.E. It has already boomed, satuarated with investment properties, investors are finding it hard to resell off-the-plan properties, it is going to bust soon.

What does everyone think?

[greg]

Hi AustralianInvestor,
That is obviously relative.... Depending on area in Spain, price range, etc. But the general impression is definitely along the lines you mention....
Facts speak for themselves: Spanish property bubble - Wikipedia, the free encyclopedia
BTW: Where is this Jardin de los Reyes, couldn't find it on the link you gave...

[AustralianInvestor]

You have you register, then click on spanish investments. But below is some informaiton:-

Introduction

This is a unique land investment opportuntity allowing investors to invest at the earliest possible stage in an established market at emerging market prices.

These limited number of plots are available at the pre-planning stage with clear exit strategies including a dedicated re-sale option. This opportunity allows investors to benefit from both the planning uplift (increase in price created once planning approval is achieved) and development gain (increase in price generated from construction); normally only available to developers.

Jardin de los Reyes combines the two most widely accepted investment vehicles in the World; Land and Property. The complete plot is 2,055 Acres or 8.3 million m2 / 830 Hectares.

Plots are offered at a pre-planning stage within a unique future development that is set to be one of the most stunning in Spain.

This investment opportunity is offered on a first-come, first-served basis as the number of plots is strictly limited to 500. These plots will be approximately a quarter of an acre in size (900m2).

This is genuinely a pionering opportunity in Spain with a money back guarantee should planning permission not be granted within a set timeframe.




Development Description

The Resort

Jardin de los Reyes has been planned and designed to a meticulously high-quality standard; unlike anything else seen before in Spain.

In this naturally beautiful historic area they aim to limit any effects on the environment and use the latest techniques and technology to minimise the environmental footprint of the development.

The resort will set a new standard for leisure and lifestyle resorts in Spain. Environmentally aware, cultrally rewarding, respectful of its history and sculptured to blend seemlessly with its natural surroundings; it is a new alternative for the discerning overseas buyer.

Jardin de los Reyes will be an exclusive, low density, premium leisure development with a range of cultural and social assets unequalled in Europe, which will give the project a unique character and life. The 2,055 acres (8,312,470m2) site will be mainly given over to green and forest areas with very low density dwellings.

The extensive vineyards (over 180,000 vines) will be increased and research undertaken into additional varieties suitable for the soil and area. Summer schools in viniculture and a link to Alicante University will provide research and expertise.

The developers have strived to set itself apart from being just a summer resort, by offering an array of all year-round facilities; not just for its occupants, but aiming to attract outside visitors as well.


Facilities Offered

* Full sporting village including covered olympic stadium
* Three hotels including boutique and spa hotel
* Electric transport system within the development
* Tennis Academy
* Golf Academy with 18 and 9 hole courses
* Museum with town square and commercial centre
* 200,000m2 of specialized botanical gardens
* Restored historic cortijo and museum
* Working Bedega (Vinyard) with over 260 acres under cultivation
* Large green and forest areas within the development
* Commercial area with retail outlets, bars and restaurants
* Sporting village
* Thermal Spa
* Open air amphitheatre
* Conference and exhibition facilities
* Health facilities
* Security services
* Helipad
* Petrol Station


The Investment

Jardin de los Reyes offers individuals the chance to benefit from the returns previously only enjoyed by the property developers. You can benefit from the "planning uplift" and "development gain".

Put simply, the financial gains are two-fold.

Planning Uplift - Once planning approval is achieved, the plot will be worth substantially more than the current purchase price. Plots can then be re-sold to benefit from the planning gain.

Development Gain - Other investors may choose to build a dream Villa on what will be a development un-equalled in Europe and achieve even further substantial financial gains.


Summary

Only a limited number of investors are invited to take advantage of this innovative investment opportunity which combines the benefits of land acquisition with a planned resort development.

Premium development land at pre-planning consent prices
Benefit from the "Planning Uplift" gained by re-zoning. This is a unique and limited opportunity to invest in spanish real estate. This plot has been identified and comprehensively evaluated. In order to maximise investment potential we have ensured the timing of the application and development matches current and future planning regulations and objectives.

Backed By Experience
This development has been identified and promoted by one of Spains foremost real estate consultancies. Benefit from their experience and industry knowledge and take the easy route to successful overseas property investment.

Clear Exit Strategies
Depending on your desired return there are clear points at which you can choose to realise a return on your capital, or you may decide to continue with the project through to final occupation of the completed homes.

The Real Benefits of Property Development
The major financial gains in the property development cycle occur when a change in planning use is granted for the land. Investors then benefit from "planning uplift" and share in the development gain.

Security Offered To investors
* Money back guarantee if planning is NOT achieved
* Bank guarantee is offered by banco Guipuzcoano

Exit Strategies
Dedicated re-sales. To allow a clear exit strategy to the initial 500 investors the developer is to ensure that 1 in 10 of future plots offered within the development are from the initial 500 plots purchased. In addition initial investors will have the option to construct on the purchased plot and resale the property.

Unique Selling Points
* Very low density (6 to 7 units per hectar) - By law the maximum planning density in this area is 10 units per Hectar; this reflects the low density within this resort.
* Fully sustainable and ecologically friendly development which will be pioneering in Spain
* Very good transport links (High speed train link, motorway and airports)
* A resort with facilities for all the family for year round living
* Historical and Cultural features integrated in the development (bodega, including wine museum and school, historical cortijo, specialised botanical gardens with ampitheatre and fine arts centre
* Unique land investment opportunity at pre-planning stage with full money back guarantees

Location Details
The Jardin de los Reyes plot is located 50 minutes from Alicante airport on the main Madrid motorway between Almansa and Enguera. The plot location itself is around 90km from the Coast.

It is possible to reach the plot directly via motorway from Valencia, Alicante and Madrid. High speed train between Madrid-Alicante and Valencia with a station just 2.5 miles from the plot. Valencia, Alicante and Murcia airports are all within 1 hours drive.

Price 70K Euro

[greg]

Originally Posted by AustralianInvestor

This opportunity allows investors to benefit from both the planning uplift (increase in price created once planning approval is achieved) and development gain (increase in price generated from construction); normally only available to developers.

Wow, I would definitely NOT go for such a risky investment! Planning permissions are under big scrutiny in most areas in Spain... Especially after recent Marbella scandals...

Originally Posted by AustralianInvestor

This is genuinely a pionering opportunity in Spain with a money back guarantee should planning permission not be granted within a set timeframe.

Have you ever tried going to court in Spain? Not as easy as it sounds "money back guarantee"

Originally Posted by AustralianInvestor

The Jardin de los Reyes plot is located 50 minutes from Alicante airport on the main Madrid motorway between Almansa and Enguera. The plot location itself is around 90km from the Coast.

It is possible to reach the plot directly via motorway from Valencia, Alicante and Madrid. High speed train between Madrid-Alicante and Valencia with a station just 2.5 miles from the plot. Valencia, Alicante and Murcia airports are all within 1 hours drive.

Sounds idyllic, but from what I hear people who move inland aren't really looking at resorts with fitness, helipad or spa....

Originally Posted by AustralianInvestor

Price 70K Euro

What do you get for 70K? A plot?

[Peter Mitry]

Originally Posted by greg

Wow, I would definitely NOT go for such a risky investment! Planning permissions are under big scrutiny in most areas in Spain... Especially after recent Marbella scandals...



Have you ever tried going to court in Spain? Not as easy as it sounds "money back guarantee"



Sounds idyllic, but from what I hear people who move inland aren't really looking at resorts with fitness, helipad or spa....



What do you get for 70K? A plot?

I agree with all of the previous comments.

First rule of thumb is why would anyone buy there? Not sure of the answers from the description - is seems to be in the back of beyond, which is why the land would have been cheap.

I also think you need to do due diligence on the company offering this 'opportunity'. Have they run similar schemes before? Can you speak to the happy investors'?
What guarantees are there that the land will be re-zoned? What happens if it is not - OK you get your money back but from whom? There are many stories down here from people who have waited a year to get money back and many others who just never get it.
All I am saying is that unless you are a very experienced investor with a strong network of like minded contacts this is not a good scheme for a first entry into the marketplace.

[AustralianInvestor]

Thanks for the input guys, I am getting second thoughts.

OK. Property Showrooms are very reputable agents they do not sell property if they think it is a high risk investment, they actually call this a no brainer, and they have done their homework with due diligence. Also alot of investors in this forum recommend property showrooms as excellent agents.

In the contract, you are offered a bank guarantee if the planning does not go though.

Your thoughts on bank guarantees?

[AustralianInvestor]

Can anyone comment on this development?

What do you get for 70K? A plot?

Yes 70K for the one plot, and they excpect it to sell for 180K euro mid next year.

And already 280 have already been sold within a few months!

Thoughts again, I am getting very weiry/nervous now.

[AustralianInvestor]

Hi All,

If anyone is interested on this development, the site is below:-

Jardín de los Reyes

To be honest, it looks pretty promising. I am still going to go ahead with the purchase. After speaking with the developer he made me feel really comfortable on my purchase.

I think if people visited the above site, you will understand why Jardin De Los Reyes is an excellent investment option.

Opinions please.

[andyk2]

Hi Austrailian Investor. I have sent you an email concerning this project. I think it fair rather than overcoming "objections" from people unaware of the project and the potential it holds.

[greg]

By all means go for the investment, nobody here is responsible for your actions. Oh and andy2k these aren't "objections from people unaware of the project", these are simple observations....

One last comment:

The site you posted doesnt even show an address, a company name, a registered Spanish CIF number, the domain is registered on "Anonymous" which is actually illegal by Icann, and there is no other personally identifiable reassuring information....