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Old 30-04-2008, 09:03 PM
micasa2000 micasa2000 is offline
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Join Date: Apr 2008
Posts: 3
Default Another Development

Hi
As we are based here in spain we get an unbiased view and also a long term view.
Kasamia was also used as a selling tool for Manilva Spa Resort which has also ground to a stand still.
I will elaborate on my background, I have been in real estate here on the Costa del Sol for nearly six years, my partner has been in real estate for 20 years.
We have seen the larger companies come and go and they will use anything to sell a property.
I feel that any company endorsed is also getting something from it and I would suggest that the company either be a sister or closely related.
I would never suggest a client buy purely based on a return offered by the developer, if it seems to good to be true it more likely is.
Why not look at anyone of the deals developers are now offering. They offer properties below market value and the long term rental market here is still strong as we have many clients who are moving here but do not want to buy as they think they will get a bargain in 12-18 months time.
There are many properties which are selling for at least 100k less than they are being valued at.
Don't buy into the brochure as it is in the end just a piece of paper.
Regards
Natalie
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