Hello Teresa and Cathgill,

I was dealing with Property showrooms, which are very help full. I know that allot of people also deal with them all give positive feedback. They have done their due diligence. I have also spoken to Stu,art from MC consulting he was also fantastic.

I think if development goes through, it is a sure winner, a better ROI than a Moroccan off plan development. I reserved one then decided to pull out because i felt uncomfortable, I wasn't sure how safe my money was, and whether the actual number of plots were actually sold (Got my reservation fee back straight away). I know that once you sign the contract, you will have a charge on the land, which is ensures that the developer cannot re-sell the whole 11,000,000m2 land. Although now I am rethinking, and I might end up buying one.

This is a high risk investment because uplift planning has not been approved and your money could be left in the developers bank account for a couple of years earning interest. But the developer is being upfront and honest as aposed to other developers. I think big risk = big returns, so if you have a spare $30,000 Euros lying around that your willing to tie up for the next couple of years (worst case senario), then i would defintely go for it.

I also noticed another development near by Torre Grande Golf
And they are selling plots for more than double, but I was told from property showrooms that they have not even got planning approval. I asked for the building license from Torre Grande Golf and they gave me some silly letter sent to the town council dating back 2 years ago. They seem a bit dodgey.

For me, it is either a plot here in Jardin De Los Reyes, or a 1 bedroom unit Brazil, as this all I can afford right now.

Or I might buy the unit in Brazil, then a plot here down the track. Who knows.

There is my 2 cents worth. Hope that helps.

Oh BTW, which agents are you guys using?