Hi
We have just returned from Spain, and we asked Helder (taray rep on site) about the social housing rumours.
He confirmed to us that in the far corner of phase 2, they are building a 2/3 storey high apartment block, comprising of 45 apartments which will be specifically for the less privileged - ( students, low income families etc ).
They will have their own private pool and facilities and will be gated and therefore should not affect the residents on phase 2 in any way. It is something that taray have to do by law, on every site that they build !??
He said it would probably not be built for another 5 years, and that it would also be about 5 years before phase 2 will be completed. Sales are very slow, as expected, and they will be opening up the market to further afield countries i.e.Russia . That means a very long wait for the LFO !!!! We are buying on manzana 8 due July 2009, and we asked when the LFO would be granted, and he said approx 7 months later, but as we all know from phase 1, nobody gets their LFO until the whole site is complete, so that will be in about 5-6 years !!!
Plenty of time to save up , and for the exchange rate to recover !!
Regards
Carol