Just put down a £2,000 reservation on this pre-release. Priced at £700 per Sqm. Will go up to £800 on the 01.03.08. Developer will have a presenation on the 29.02.08, where if interested I can choose my apartment (2 bed 71 sqm at £50,000). 40% payable upfont and remainder 60% payable on completion.

Mortgage with large international bank written into contract for 60%. I have been told that this will involve a UK developer, 40% will be kept in Escrow account until completion and the apartments will overlook the beach and sea.

I have also been told that the finishing will be "incomparable" when compared against other developments in the area.

NOTE: A NEW THREAD FOR HANIA PICTURES HAS BEEN STARTED HERE. Please share any development pictures on this thread to help create a visual diary of progress.