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Wanted: Thinking of buying

Posted: Fri May 5, 2023 3:09pm
49 replies1213 views9 members subscribed
RickG

Posts: 38

6 helpful points

Joined: 5 May 2023

Hi all

I am thinking of buying in this complex over the next few months, its a holiday retreat for a while and hopefully when the regulations change live here full time. You hear of lots of nightmares when buying abroad, as this complex is so empty im worried of being one of a few that brought and the rest will not sell then the development becomes a building site and ghost town.

Any thoughts please

Rick

Tina02

Posted: Sat May 6, 2023 8:46am

Posts: 89

49 helpful points

Joined: 6 Apr 2018

Posted: Sat May 6, 2023 8:46am

RickG wrote on Fri May 5, 2023 3:09pm:

Hi all

I am thinking of buying in this complex over the next few months, its a holiday retreat for a while and hopefully when the regulations change live here full time. You hear of lots of nightmares when buying abroad, as this complex is so empty im worried of being one of a few that brought and the r...

...est will not sell then the development becomes a building site and ghost town.

Any thoughts please

Rick

Hi,The complex is really not empty,a lot of properties were sold during and since lockdown and our block now has 100% occupancy.The apartments are released for sale in phases from the bank.

The only slight negative at the moment is that the bar is currently closed,but hopefully a new owner can be found soon.The amazing committee on the complex put on entertainment and provide a pop up bar in the square for events.

Best wishes,Tina

eduardo3332

Posted: Sat May 6, 2023 2:28pm

eduardo3332

Super helpful member

Posts: 1594

1194 helpful points

Joined: 21 Jan 2016

Posted: Sat May 6, 2023 2:28pm

RickG wrote on Fri May 5, 2023 3:09pm:

Hi all

I am thinking of buying in this complex over the next few months, its a holiday retreat for a while and hopefully when the regulations change live here full time. You hear of lots of nightmares when buying abroad, as this complex is so empty im worried of being one of a few that brought and the r...

...est will not sell then the development becomes a building site and ghost town.

Any thoughts please

Rick

What regulations do you expect to change?

RickG

Posted: Sat May 6, 2023 5:25pm

RickG

Original Poster

Posts: 38

6 helpful points

Joined: 5 May 2023

Posted: Sat May 6, 2023 5:25pm

Tina02 wrote on Sat May 6, 2023 8:46am:

Hi,The complex is really not empty,a lot of properties were sold during and since lockdown and our block now has 100% occupancy.The apartments are released for sale in phases from the bank.

The only slight negative at the moment is that the bar is currently closed,but hopefully a new owner can be found soon.The amazing committee on the complex put on entertainment and provide a pop up bar in the square for events....

...

Best wishes,Tina

Thanks for that, could you not all get together and buy the bar ?

RickG

Posted: Sat May 6, 2023 5:31pm

RickG

Original Poster

Posts: 38

6 helpful points

Joined: 5 May 2023

Posted: Sat May 6, 2023 5:31pm

eduardo3332 wrote on Sat May 6, 2023 2:28pm:

What regulations do you expect to change?

expats stoping for more than 90 days, i want to retire over there but until the rules change it will be a holiday home.

Rick

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RickG

Posted: Sat May 6, 2023 5:33pm

RickG

Original Poster

Posts: 38

6 helpful points

Joined: 5 May 2023

Posted: Sat May 6, 2023 5:33pm

Tina02 wrote on Sat May 6, 2023 8:46am:

Hi,The complex is really not empty,a lot of properties were sold during and since lockdown and our block now has 100% occupancy.The apartments are released for sale in phases from the bank.

The only slight negative at the moment is that the bar is currently closed,but hopefully a new owner can be found soon.The amazing committee on the complex put on entertainment and provide a pop up bar in the square for events....

...

Best wishes,Tina

How much is the bar up for sale for, do they have a gym on the complex ?

Rick

Mags44

Posted: Sat May 6, 2023 5:44pm

Mags44

Very helpful member

Posts: 928

796 helpful points

Joined: 1 Sep 2019

Posted: Sat May 6, 2023 5:44pm

eduardo3332 wrote on Sat May 6, 2023 2:28pm:

What regulations do you expect to change?

Maybe when the UK is allowed to re-join the EU?

RickG

Posted: Sat May 6, 2023 6:00pm

RickG

Original Poster

Posts: 38

6 helpful points

Joined: 5 May 2023

Posted: Sat May 6, 2023 6:00pm

Mags44 wrote on Sat May 6, 2023 5:44pm:

Maybe when the UK is allowed to re-join the EU?

Yes Mags, not sure how long i will have to wait. Still won't stop me from buying though. Looks a nice resort.Im a tradesmen so i might be of help to people.

Rick

Tina02

Posted: Sat May 6, 2023 7:05pm

Posts: 89

49 helpful points

Joined: 6 Apr 2018

Posted: Sat May 6, 2023 7:05pm

RickG wrote on Sat May 6, 2023 5:33pm:

How much is the bar up for sale for, do they have a gym on the complex ?

Rick

Not sure how much the lease is up for,no gym but would be a welcome addition.There are several units adjacent to the bar up for sale/lease

Tina02

Posted: Sat May 6, 2023 7:06pm

Posts: 89

49 helpful points

Joined: 6 Apr 2018

Posted: Sat May 6, 2023 7:06pm

RickG wrote on Sat May 6, 2023 6:00pm:

Yes Mags, not sure how long i will have to wait. Still won't stop me from buying though. Looks a nice resort.Im a tradesmen so i might be of help to people.

Rick

Tradesmen always needed on the complex,especially for people like myself who bought repossessed shell properties.

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