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Old 19-02-2008, 06:27 PM
Rikki Rikki is offline
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Join Date: Jan 2008
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Quote:
Originally Posted by scroft View Post
Rikki

I replied to your post and gave quotations of the rentals being advertised by one agent.

For bizarre reasons the post has been removed - some "administrator" who presumably didn't even read the post properly thought I was advertising!! I doubt that fellow owners are likely sources of bookings!!

Look at portimar.pt

Brian
Brian
Thanks for your reply. I checked out the Portimar website and it is indeed taking bookings from early July until November. The rental rates which they are quoting of 1650 euro during peak season for a 3 bed duplex apt and 950 euro for a 1 bed apt are very considerably lower than I was led to believe the properties would fetch. This could make a significant difference to the properties covering their costs- esp given that the management company are taking a large slice of the rentals. Was anyone else given indicative rental figures at purchase?? I am going over in April and hope to see a virtually finished development.

Rikki
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