JDLR simply will not be elegible for execution under new LEY DEL SUELO 2007
to harveyd:
From what you know ... nothing to worry about then! JDLR is going to be one of, or even the, best eco-resort in Spain, if not Europe. It is doing just fine, thank you very much, all you people who post here with ridiculous attempts to worry investors. I am enjoying my substantial profit already and will build on my two large plots in order to enjoy fully the fruits of this amazing development long into the future.
Dear friend, I am not "posting ridiculous attempts to worry investors"...I am just sharing information with all those not living here and not having background knowledge of Spain and it legal framework (yourself and alikes)Thats the basis of Forums like this one.
As I explained on my post, urban planning and land laws have drasticly changed last year, well after MC Consulting started drafting JDLR master plan.If they havenīt submmited to Almansa Town Hall their application of permits for their project yet...They will never be granted planning permit-
Remember golf courses CAN NOT have attached thousands of properties under the new law. Only hotels and leisure facilities. Simply speaking JDLR has been drafted regarding the former LEY DEL SUELO from 1998 (under the PP goverment) when developers could negotiate with local authorities the development of "leisure facilities" as golf courses along with 3k,4k-7k properties.Those days are gone, you jumped on the train too late.
Those are the reasons why Almansa Town Hall wonīt grant building licence to JDLR as they would be breaching nationwide legislation that came strait from the Upper Chamber in Madrid.Trust me Almansa planning officer will not stamp that proyect. Thatīs business...sometimes you win others you lost.
Therefore I donīt think you are "enjoying your substantial profit already". As you have just purchase some "pre-licence" plots. You only signed a "promise or compromise of selling/buying" between yourself and the developers once they have the green-light by Almansa town hall planning department.Looking at your latest posts I asume you could be part of MC Consulting as you havenīt denied what I stated...you havenīt gone deep into the facts just dismished my post.
Any one giving their opinion and not being optimistic with JDLR is heavily confronted by you (GG has more experience on this than me... I would love to hear his opinion as he seems to be leaving in Spain) that makes me think that you have more interest than the average investor in giving a good name to JDLR you are part of MC staff.
Good luck anyway.
From Rio de J
Regards,
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