Quote:
Originally Posted by hatch
I have no problem with you introducing a topic for discussion.
I do have a problem with you expecting it to have any real value if it is not translated.
Post an English translation and we can talk rationally.
In the meantime, I put this to you-
What if, for arguments sake, JDLR had obtained sufficient planning approval for it to still be passed prior to any new legislation biting.
What if, for arguments sake, it actually proved to be one of the best, low density, environmentally friendly developments in Spain, unlike the Polaris World ghettos?
What if, for arguments sake, when full planning has been agreed and building starts in around 3 years time- as projected by the developers- the market has recovered and there is suddenly a shortage of real lifestyle properties in working communities as a result of the changes in that legislation?
Seems like investors might be on to a real winner to me.
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HATCH you canīt expect me to translate a document that is got 36 pages and is full of thick law language...that would be a headache, thatīs why I just copied the reply from those people and if anyone is interested they can print it and consult their lawyers before making a decision. So the text in fact itīs got its real value as I said consult your lawyer. And you can post his comments.
Regarding JDLR donīt get me wrong...the concept is simply brilliant and itīs the type of projects that authorities should have enforced in Spain over the last decade, probably now we wouldnīt be in the middle of a buble burst if land, developments and sales of real estate would have taken a most sustainable pace. But greed is to appealing.
MC Consulting have been wise enough to come up with a nice project thatīs got nothing to do with the likes of PW or other golf resorts in an area where the land is cheap and local authorities wellcome opened-arms any investment to boost their municipality economy and create jobs and still is not far from the beach and other more popular turistic areas. So the idea is well planned and of great added value in terms of sustainability and lifestyle.
But my only remark is that from the time the started to roll the ball till now things have drastically changed in Spain and I am not talking about the credit crunch, the real estate crisis or other topics is simply the legal frame and something that 5years ago would have had the green light strait away not I have serious doubts for it to became a tangible reality, unless the local authorities manage to pull any strings.