Hi all, We have lived here in Spain for a year and have recently (June) completed on our apartment in block 6. It took some weeks to prepare and we've had five weeks of rentals since we put it on with www.holidayrentals.co.uk property number 14258 on 7th August. Anyone hoping to make their fortune from rentals, take heed. Their are far more properties to rent than there are people wanting to rent. More supply than demand. Of course if you are clever with your advertising, take nice pictures and don't ask a fortune in rent, you will get the punters.
Our lawyer assures us that completing on our apartment was the correct thing to do. All the necessary licenses will be forthcoming.
As for taking Aifos to court for loss of rentals, I cannot see a favourable outcome. (It sounds even funnier in Spanish). However, if anyone has actually lost cash to people like Oceanview then take heart. We successfully threatened (through another litigator) to take a large firm of lawyers to court for losing out on a property purchase which they assured us was going ahead. We went to visit the property only to find that others had moved in. The lawyers settled out of court for all the monies paid to them and over 90% of the appreciation value! So, not all bad news. Incidentlly, I have a floor plan of block 6 second floor which I was given in 2001 which clearly shows that apartment J has three bedrooms and only ONE bathroom.
Also, to clear up the question of geography, Miraflores and Riviera del Sol are two adjoining urbanisations of roughly equal size. However, I am assured by Oliver at Viva Estates that the name Riviera del Sol is also given to an area that includes both of them plus Calypso and Calahonda! And as if that were not enough Mijas Costa is the coastal area which extends from south of Calahonda to Fuengirola (and maybe even beyond)