Hi there##

Has anyone had their property valued by a mortgage provider only to find it is valued at much less than the purchase price? Any guidance or advice on this? The Florimont Spa (Z Properties) has just been finished but the banks are valuing it at 18,000 euros less (it was furnished and apparently they don't take that into account, is it true that they also take off the 20% VAT as well?). I have put a 30% deposit and hadn't really expected this extra cost! Naive, I know but now I need to sort it. I'm assuming that the banks are doing this for all the appartments so the developer must be aware of this. Please don't reply with all the negative comments about Bansko, I loved the place! And am investing for the long term. Just some sound advice and any useful links would be appreciated.

ASAP please!!!!