hi all ,if just if ,,paramount arrives on our doorstep, can anyone predict what kind of rental income per week could we expect for 3 bed apartment , ????

I guess someting is better than nothing, at the moment the rental market isnt the best.  I would have thought if it does get built you could possibly double what your asking now, just have to remember that there are plenty of other people who would want to rent there apartment out also,

have to remember though, i can see flights going up, and cost of car hire also if Paramount does come to CDA..

Will they also build hotels and apartments on site of this proposed Theme Park?

Have been told 20000 hotel rooms will be required and casinos are planned which will attract investment from the russians.

See http://www.laverdad.es/murcia/v/20100916/region/bancos-polaris-aprietan-para-20100916.html

The "Polaris banks' tightened to install in Alhama Paramount

The mayors of Cieza and Molina are targeted to the race and provide land for theme park 

Representatives of banks and savings banks that were left with land of Polaris World in Alhama de Murcia are "pushing hard" for the Paramount Pictures theme park is installed in this area, as indicated by regional government sources yesterday that they believed This site currently has more options than the Axis Murcia-Cartagena. In the MRI group (Investment Resort Mediterranean) are Bancaja, Caja Mediterráneo, Banco de Valencia and Banco Popular. Cajamurcia has a small stake. This conglomerate is pushing strong, because in this way alleviate the burden for property to rinse assumed the debts of Polaris World, he could avoid the last minute bankruptcy. The promoter could not bring forward the second phase of the development Condado de Alhama to sink the market. Murcia-Cartagena axis is another site under consideration.

More Race

Molina de Segura Cieza and add to the list of municipalities that demonstrate its willingness to provide land to install the Paramount amusement park that aims to locate in the region. After the mayor's offer of five possible sites Lorca, the Regional Confederation of Business Organizations Lorca (Ceclor) said yesterday that the region of Guadalentín is "the ideal scenario" for the construction of the theme park.The employer noted that the municipalities of their area-Lorca, Aguilas, Totana, Aledo-Puerto Lumbreras and qualify in soil, and communications infrastructure for its implementation. For Guadalentín entrepreneurs' is an extraordinary opportunity to streamline the business of the Shire. "

Molina de Segura has also spoken. Its mayor, Eduardo Contreras, did not believe there to "make a bid," but that will ultimately be the multinational investors that will determine the ideal location. For Contreras is not so important what is offered, "but what they need," and in this sense has not hesitated to point out that the area between Molina and Murcia, in the A-30 to the height of the area filled shopping centers, housing developments and the Northern Arc molinense could be an appropriate place to host the project promoted by President of Real Murcia, Jesus Samper. Mayor apostille that the municipality has more than 170 kilometers in length and sufficient land with necessary commodities.

The third municipality has shown interest was Cieza. The municipal government spokeswoman, Maria José García Parra, confirmed yesterday that the mayor of Cieza, Antonio Tamayo, has announced the formal request for the expected finished park in this locality. " According to Garcia Parra, Tamayo has requested a meeting with President Valcárcel, to inform. He explained that one of the main advantages with which account is that your municipality has a newly approved PGMO many fields, who enjoy the skill necessary to install a complex of these characteristics.

You may be interested in this update

http://www.simplynetworking.es/news-3687-31-paramount_theme_park_murcia_put_on_your_seatbelt_cruz_talks_of_the_convoluted_task_ahead.html

Anita

It seems from these articles that every village, town, and city in Murcia is trying to get into the act.

On the upside we seem to be in the middle of everything and if the place needs to be within 20 minutes or so from Corvera then we won't be far away no matter where it ends up.

I know people thinking of rentals and property prices want it in our backyard but I'd be happy enough if it was close enough to easily access.

Before anyone jumps in I have no problems with it being beside CDA either.

 For me, where ever it's built, as long as it is built, will be good for Condado.

As Lisinopril says anywhere would be good.

Thing I have enjoyed is the talk about what is going to be included, even though nothing has really been agreed yet I have been told two things and one chap said "I know this for a fact from someone who spoke with the local authority that a private runway will be built"

The other one was about a huge waterpark that they are putting in.

All this where it will be etc is interesting but the people in the know aka "bloke in bar" have some great inside information :) - very entertaining.

You can add to the runway all the hotels and casinos and before you know it we'll have a cross between Disneyland, Vegas, Orlando, and Heathrow!!

There's already a private runway half built not far from CDA. Wasn't that a small development that PW started before getting themselves in the mess they are in now. I think they envisaged wealthy (and famous) golfers having a private resort not too far from Condado.. Mind you, whilst I can see that I may occasionally come over as a 'know all'  on this point I have no definite facts I just vaguelly remember someone pointing it out and telling me a tale about it.

I have also noted that quite alot of the articles talk about the theme park being built close to the beach- wouldnt that really put us in the frame?.

The leader on the other forum is that CdA is front runner. Does make me wonder how many more apartments have been sold on the back of all these rumours?

I've enjoyed these threads in the main- good to read all the opinions. I think people who would never have bought on CdA if it already had a theme park adjacent sound resigned to it if it happens. They are not to everyones taste no matter how pristine but hopefully CdA would develop off the back of it. Got to remember though that the theme park would be investinging its own apartments and hotels and we'd still need investment fo somewhere for CdA to be improved. I'd love to know PW's thoughts on the subject as they own so little of Condado now..

personally i'd rather have all that than a development with nothing there.

All i can see is a huge positive if the park does come to the area.    If people wanted quiet, CDA was not the place to buy to start off with.  the proposed 3 courses, bars, shops, Oasis, resteraunts, etc etc..  is not really quiet..

I know, made that point myself only yesterday. I expect some people dont really know all the background and didnt realise just how huge CdA was expected to be.

Bits I have read on 'simplynetworking' state that the case for the area of Alhama is weakened by the lack of Hotels.

Just have to wait and see.

Now I like CDA as it is but would welcome development like paramount and or further building on CDA.

When people point out that if you wanted a quiet place you wouldn't have bought on CDA to start with, they do forget that people may have bought places after it was clear that the full CDA resort wasn't going to happen.  Not everyone bought off plans when CDA was only an idea.

It was fairly evident quite a while ago that the CDA in the brochure wasn't going to happen...shops and golf courses weren't open etc and changes to the overall resort were being made.

Not that I agree with wanting the resort staying the same quiet place it is now.

I like it now and I'm sure I'll like it with a theme park next door.

Hi Tony & Rich

I agree with your comments entirely, although I am one of the people who would rather something along the original plan was to happen but we are where we are and Paramount is far better than the status quo. 

Just to clarify my earlier post on the subject I didn’t think the resort would have been quieter if built as original, in fact the opposite would have probably been the case as you say Shops, Bars, Restaurants, 3 Golf Courses and thousand of more properties and the Oasis, which collectively would have made CDA a vibrant all year resort. With the paramount option it more likely to be seasonal and most people will spend their time in the park and not on CDA so possibly the quieter option?

As far as media comments about  Alhama not being a front runner due to lack of Hotels, I would think the opposite would be the case as these kind of development like to build the full package and get the benefit of all the holiday makers money. Just look at Disney France & USA and all the other theme parks around the world which in the main have their own Hotels just outside the park.

That said opportunities still exist for the likes of CDA. For example I own a part share of a property very near to Disney Florida which is also on a large Golf Complex with 4 golf courses being 2x18 1x9 & 1x par 3 course. When the parks are busy the resort is also, as people like to spend some time in the parks and some time chilling, which also gives the opportunity for playing golf thus making the holiday perfect for the whole family.

Phil

Some good points have been raised, the only thing is I know some of us have reservations about this happening i think the difference between a huge golf complex with shops and bars that would be really lively and great to walk round etc, and to have all those proposed sports facilities would have made a amazing place, and you could go round that every day shopping and drinking and still not paying PW prices. But with a theme park next door they wouldn't be letting us in for free so how many times as residents would you visit the park, taking into account the price etc. So the only advantages to us is for people who are renting or trying to sell. The thing I really hope is that if this does go ahead we will see some development of our resort, and maybe the building of the oasis, not just the building of the theme park. But the only thing we can do is wait and see!!

Sadly, I think- even know- some people are being told that CdA will still eventually be the resort PW pitched at the beginning. You only have to look in their sales office at Al Kasar to see what they promote. The full plan is still there and they do use it. Also if you ask any of their reps they are still talking about building again in two years- which is what they said when Mirador and Golf Suites floundered. Even Sergio has posted similar comments not too long ago. However, some people will have bought as seen but I dont think they've been told the rough ground will remain as it is and that Al Kasar wont be developed.

All that said its a waiting game and all the places that have been suggested would still give CdA some rental opportunities. But if as an owner you just wanted a holiday home and dont want to sell your only hope is that added income in the area will mean PW can buy back land and build a bit more and so then go on to add improvements.

Hi Tony

You may well be right, however PW have retained ownership of the Al Kasar and other key sections of the resort for some reason. They are still in business and presumably when times improve will start building again. So will they wish to continue were they left off who knows?

Phil

http://www.laverdad.es/murcia/v/20100917/region/habra-ciudad-musica-estudios-20100917.html

There will be a city of music and recording studios Paramount

The president said that the future park will bet on audiovisual content and an area of film production 

17/09/1910 - 1:18 - 

Valcárcel: "The project can go or not, we will fight to succeed, but not in the Community will cost one euro

Paramount Park in the Region intends to have the size of Disneyland Paris time will tell if it curdles the project and no money to carry it out, but the offer will go beyond a giant amusement park surrounded by hotels. The promoters said yesterday that the design will probably include a Paramount Pictures movie studios and program production for television and the big screen, as announced in February.

The Minister of Culture and Tourism, Pedro Alberto Cruz, commented that the potential for Paramount in the film industry of the future will be a plus park. This company has produced films such as Titanic and saga of The Godfather, Indiana Jones and Tomb Raider, among others. Paramount also has carcass entertainment series for television, with an office in Spain. The regional government hopes that some products are developed Paramount factory wholly or partially, in the Region of Murcia.

Another new species consist of a city of music that bring together a wide range that will attract thousands of fans who would be mobilized fácimente plane from several European capitals. There will be more in line with new developments in the entertainment industry and its commitment of maintaining in the coming decades. The leisure park will determine the size of which will have different areas of entertainment. The regional government at the same time affects the need to enhance the park hotel, which is now inadequate.

Valcárcel: "We do not pay '

The president of the Community, Ramon Luis Valcarcel, said yesterday 'The Truth' that this project "will not cost you a euro to the regional coffers. Whether it goes ahead or not, we will not put money. Will the investors who put their capital. Of course we will fight to the utmost to make it happen. Since the regional government will put the necessary resources, "he said.

The assets involved for investors the choice of Paramount has been welcomed by employers' interests.Its general secretary, Clemente Garcia, said that will put "the whole illusion" to make the project a reality."They are taking the first steps in the right direction. Is serving to boost the regional economy in times of crisis, which is positive. For the Region of Murcia is good psychologically, "he added. Clemente Garcia believes that the implementation of General Electric, which later transferred its factory Sabic, a company owned by the government of Saudi Arabia-has enhanced the letter of the region among foreign investors, who have taken note of the seriousness with which it works in the Community and the various attractions that are here. "With the announcement of Paramount is a commitment we can place in the world," he said.

The 'Polaris banks' aim to be investors Paramount

They can enter the new society, with the Community and Samper, providing the land from Alhama de Murcia

17/09/1910 - 1:14 - 

The film on the grounds of Paramount Pictures is the absence of the outcome. The end of the safekeeping a few people, but that does not to move around the stage actors Eldorado attracted over four million square feet needed to house the theme park. One of the leading roles it has the group of banks and savings banks that kept the land Alhama Polaris World in Murcia, where they have nine million square meters. These entities, integrated in the MRI group (Investment Resort Mediterranean) could become part of the society of investors responsible for developing the Paramount theme park, so that their role would be limited only to sell the land, as has been know 'The Truth'. Thus, the project promoters would kill two birds with one stone: the part of investors who are seeking would provide the land.

Chain reaction

Money calls the money

Caja Mediterráneo, Bancaja, Banco de Valencia, Banco Popular and the land would Cajamurcia main asset and participate in the new society, where it appears for now Santa Monica Financial, owned by Jesus Samper. Once the licensing division of Paramount officially announced last week that the Region of Murcia is chosen, there has been a chain reaction in many centers of economic power, more likely than before to get involved financially.

Although MRI is best placed in the starting line, the regional government stated yesterday that nothing has been decided and are considering other sites, such as Cartagena-Murcia-axis, near the future airport. He does not deny, however, that Alhama offers some advantages, such as the fact that the land is available and that we should not negotiate with a multitude of owners. It says the holding company that has yet to be established and the representatives of Paramount will have the final word.

The Autonomous Community is confident that within a month the site is determined to coincide with the visit of directors of the multinational, but for the Government of Valcárcel this issue is not the main project, but the content and theme park supply and the goals to be marked initially, according to the contract signed with Marta Consulting in Dubai in February: the possibility of creating 40,000 jobs directly and indirectly, attracting nearly 3 million tourists and visitors annually and generate revenues in excess of 1,000 million euros in tourism when the park is in full swing, for which it will take many years.

Control Operation

Participate info

The Executive Valcárcel not want to lose control of the landing of Paramount Pictures. Will become part of the new company with a share testimonial. It will probably via the Institute of Development, but that does not mean that it will be the background and which the star is in the hands of Jesus Samper.

The regional government considers normal, which started a race among the mayors and business partnerships to attract investment to their territories, although they are currently at a competitive disadvantage compared to the 'banks of Polaris', due to a simple fact : Alhama grounds available, are classified as urban land and can be transferred immediately. In addition, the City owns a parcel of 600,000 square meters.

Before competitors are emerging, Local Government Board Alhama reiterated yesterday its offer to host the regional government to the theme park. Notes that has the support of the Commonwealth of Sierra Espuña Tourism Services, which comprises the towns of Totana, Aledo, Mula, Pliego and Alhama.Stresses that its "strategic location and developed infrastructure, urban planning and quality services, make the area into a tourist destination first." He explained that his plan includes urban land have all the necessary procedure, ensuring water services by the Segura River Basin, an electrical substation and water treatment plants.

350 million in land

The soil left Polaris

Banks and integrated into IRM value between 350 and 400 million euros the value of land transferred them to circumvent the Polaris World bankruptcy, according to this newspaper explained yesterday sources close to the Mediterranean Resort Investment. The price of land is related to the fact that this is an area classified as urban, so we should not deal with any change to the General Urban Plan of Alhama.In this sense, the availability would be immediate.

Ever since the housing slowdown, these lands are "dying of laughter." The area to offer this financial group mostly belong to the second phase of the Condado de Alhama development, which failed to start the construction of new housing. The first Polaris and finished it went on sale, while the third phase is starting. In this county there is therefore developable land to tip, as they say. Polaris World are also other companies in the region who have projected their urban development.

The spokesman predicted that MRI Santa Monica Capital will be financially overwhelmed by other investors.

Surveyors out on the Oasis land today with theodolites (or whatever those tripod thingies are called) and someone being interviewed for TV at the big CDA sign.