All,

Before I purchased in Jardin De Los Reyes, I researched on the area and completed my own due diligence. I also stumbled upon Torre Grande Golf, which I have mentioned in my previous posts. I was quite surprised that there was another development within such close proximity. I then mentioned this to property showrooms and they were also surprised about Torre Grande Golf. I en quired about purchasing villa plots in Torre Grande Golf and requested for the building license from the developer, they then sent me a false license, it was actually a letter to the town hall in Spanish! Quite dodgy.

After stumbling upon this information, it actually added to the reasons why I purchased in JDLR.

1. Torre Grande Golf were selling their plots at the market value of 177,000-199,000 Euros. I purchased a plot in JDLR for 65K Euro
2. Torre Grande Golf is a very small development compared to JDLR 11,000,000m2.
3. Torre Grande Golf were selling their plots without building approval at the time I was en quiring about their plots. At least JDLR is upfront and honest about their situation.

There is always uncertainty in every investment. Jardin De Los Reyes is a high risk with potentially very high returns. We will only see the returns and outcome in due time. Only time will tell.

I think there is a different type of investment for every investor. This investment is purely for the confident.

Cheers!
AI