Quote:
Originally Posted by romanianoffer
David, perhaps you can show me where is the value at above 300,000 EUROS? For a town house/apartment in Tunari?
Obviously when people from abroad all that see on the net is Sydney they have little idea of the reality of the market...
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I totally agree with you that it is not worth the colour of 300k. What I said was it has a value and it does!!!!! When I replied to that thread it was because I felt your comments were unjust to the development and developer.
I agree it is not great, but I do not think it is as bad as you are saying. What I see terrible about this development is the price the intermediary agents charged people under the phoney illusion of investment. The developer cannot be blamed for this. I am of the opinion that the price the developer was originally asking and offered to the market was about right or possibly slightly on the high side, but only marginally. The intermediary takes more profit here than the developer in my opinion. That share in my opinion was about or in excess of 30% of the sellers initial asking price.