Education In Javea

Hello

Just found this forum - thank goodness. We've bought an apartment in the Spanish Village as a rental and capital investment and I go through alternate phases of being very excited about the project and complete panic that it's all going to go wrong!

We are going to HdA on 9th October whilst we're in Spain on holiday.

Are there any particluar aspects of the development, particularly the Spanish Village, that anyone wants us to look at, comment on, etc? Or are there any specific questions you would like us to ask the developers on your behalf?

We'll post an update on our return.

Andrew.

Hi Andrew

As an owner on HDA I would be very interested if you can get answers from the developer on the following questions.

What is the flightpath for the new airport ( the maps on various websites show that the pathway will be over HDA, this contradicts with what  was written by an earlier thread.)

A date for when the race track will be used for the last time. Does Armilar now own this land, if so what do they plan to do with it?

A date for the opening of the Clubhouse, Sports centre and Spanish village.

With regards to the spanish village what is the make up of the commercial oulets, bars restaurants , shops etc

A date for the commencement of the second golf course and expected completion date.

An update on the beach club, mentioned in the HDA magazine some time ago but since gone very quiet.

Is the new motorway now fully open and where is the exit for HDA ?

All the best for your trip and good luck with getting some definitive answers.

Paul

Hi All,

I'm off to HDA this October too. 22nd to be exact.  I'm like you Andrew - excited one day, a trembling wreck the next. My gut feel is it will be alright - long term.

I've also bought on the Spanish Village and am very much looking forward to getting a good look. I'm in the construction industry, so will looking at it from a build perspective as well as an investment.

I've got a meeting set up with a letting agent and my lawyers to discuss  rentals and other options, etc.

I'll be happy to share my findings on here upon my return.

Cheers.

Well, the trip was a success! Work has been going on a treat since we last saw the site 18 months ago.

Here is a synopsis of my discussions and observations in no particular order (please bear in mind, the following is my understanding of what was said to me and not contractually binding!!!):

• There is now a communal pool and barbeque area being built for the residents of the Spanish Village! The area is to the west (left) of the village.
• The Clubhouse will be completed in the next few weeks (and it looks great!)
• The new motorway (which has a signposted exit to HdA) looks virtually complete and is expected to open before Christmas
• The racetrack is being relocated 10kms away. Work will start on this in 2008.
• The Sports Area is nearlt complete and looks very plush and will be opn before Christmas (in fact there is a tennis tonement at the end of October)
• Completion on the Spenish Village is planned to be the end of March/early April (though apparently May is more realistic)
• The entire Village will be handed over at the same time, but work will continue fitting out the commercial units after the handover
• The commercial units will include bars, restaurants, boutiques and "offices" such as that of Hacienda Management Services amd Home Kare
• The flight paths for the new Corvera Airport are still "under discussion"
• No knowledge of the beach club that was spoken about 18 months ago (perhaps it seemed a good idea at the time - but the communal pool more than makes up for this!!)
• Photos of our visit will be psoted when we get home this weekend (I forgot to bring the USB cable for camera to laptop!), but the Spanish Village looks very good!
• There is a new security entrance post with guard and gates
• Adendia (the adminstration part of the HdA Golf consortium) will write to owners in Jan/Feb 08 with details about signing the deeds, who your mortgage is with, who your lawyer is, how you want to go about snagging, utility connection details, etc

I met Georgina Kerr (georgina.kerr@adendia.com) who is Adendia's After Sales person. She can provide information (via the architect) of the finer details of the apartments, e.g. light points, etc.

I also met with Sue Gardiner of Hacienda Management Services and Karine of Home-Kare...

HMS (Sue Gardiner)

• Doing a 12 week guaranteed rental for propoerties that have a good view (!). This is 8,000 euros and the weeks are spread over low, medium and high season
• She is marketin in various UK golf magazines and has sent fliers to many golf clubs in UK and Scaninavia
• She has apparently taken some bookings from the middle of next June for apartments in the Spanish Village...
• Her Ts & Cs for being an agent for apartments in the Spanish Village will be completed in a week or so
• The paln is for the owners to get a net euro sum whenever the apartment is rented (all other management, rental costs having been taken out)
• She would use pooled linen for the apartments (included in the sum taken out before you receive the net income), but if you use the apartment, there is a 15euro/bed cleaning/laundry fee
• Currently has a deal where renters pay 250 euros per person for a week's accommodation, a day's with a golf pro and half a day coaching. The owner would receive (for a 4 person week rental) 800 euros net
• She has a newsletter on her website - www.hmrental.com
• Sue implied that she would only take on properties that had been furnished by her and that it would be in a modern style
• Clearly a very experienced peron as regards golf property rentals

Home-Kare (Karine Arenare)

• Purely a management company, not a rental agent (she anticipates the owener would market via websites such as www.holiday-rentals.co.uk, www.ownersdirect.com, etc
• Email her and she will send you a price list for services, info@home-kare.co.uk
• She can also do furniture packages
• A very nice, open and straightforward individual (saying it how it is!)

These two companies provide different models for renting your property: HMS - no hassle but obviously thay take a substantial sum of the rental income, H-K - a more simple model but allowing flexibility.

I hope this has been useful. Overall, I was very impressed (and relieved!) at the progress at HdA and the Spanish Village. Quality is everywhere and the whole place has a very relaxed, open atmosphere.

Andrew.