cant wait to relocate to spain - bitten by the bug

Tracey there is one good point to this delay. By the time we achieve completion they will probably have finished the M1 Widening Scheme and that will make driving to Luton Airport a whole easier!
Alan

Laurdan

£40 return in Dec ? Brilliant price, if only we had apartments, eh ?

We have slept on it and are sticking the course but I really don't want this to drag past next year (surely it couldn't , could it ?) otherwise it's going to be a very close call.

In a fit of pique I checked on-line over the past few nights at other apartments for sale, and I just can't see anything else in the Duquesa area that would make me jump ship.

So we have resigned ourselves to another bout of waiting.

 

 

 

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Can I just let you all know that there are a lot of unsold aparments in Coto Real and the prices have dropped dramaticly by the builder, as It's just up the road from Arenal, would you not claim on the bank gaurantee and get your money back and go for one of these.  we bought ours in Feb 2006 and have just been finished and all we are waiting on now is the habitat licence.  They are really nice.

what sort of prices are they asking  and where exactly is coto real? i recognise the name but can't remember exactly where it is in duquesa

thanks

suzanne

Suzanne

I just typed into the search engine "coto real duquesa" and up it came.

Looks really nice but no prices etc..

Don't know where it is in relation to ours.

yeah, i was just wondering exactly where it was and its location compared to ours.  and prices of course.  i , like everyone esle, am fed up waiting now

Coto Real is really just up from Arenal, we paid 296 euros for two bed two  bathroom  and when we went last month with barrington homes to book for a week rental  as we had  lots of lawyer and financial work to do., we picked up the keys and while waiting looked at the adverts and one was for Coto Real for sale as 225 euros, when I asked why she said it  was because the buyer couldnlt afford it after paying £60000 deposit  and was opting out, so the  builder was just after the rest without the 30%, so  I would have grabbed it knowing what we know now.

Please email me on my PM and I will give you any help I can, just wish some one had done this for us,

I have a feeling we have been infiltrated by either an estate agent or someone working for Prienesur.

no you havn't, honestly, I have bought one on Tasos block and just wish we had of hung on to buy it, as I said the prices have fallen dramaticly, was out the end of October and met up with Justin who runs this site and a few more regulars and we were all talking about it.

Justin will back me up.

Maureen

The prices leema is quoting for Coto Real are considerably more than the price for my apartment in Arenal Duquesa. I bought early on and I know I got it at a good price. However, there has to be a cut off point and I feel I am fast approaching it.
Alan

Prices will never drop to below what you paid Alan.  I know when i mention value of properties a lot of people then post that that is not most important thing.  For me neither, but none of us wants a property that has no potential for investment either, whether its just for personal enjoyment or rentals we all want it to be worth more than we paid, otherwise the money could have been making money just sat in the bank.

As most of you know i purchased mine as a resale back in 2006 but haven't been in from the beginning so prices could be dangerously close to dropping below what i paid if the current market carries on dropping but i'm still hanging in there.

suzanne

What did you pay, Peps.

i paid 220,000.  i often wonder why most people won't say what they paid.  i believe the guy i purchased from paid around 179,000 back at the beginning so he made his profit anyway.  my valuation came in at 260,000 but i;m not confident at the moment that they are going to sell for that immediately.  however, i firmly, really do believe that they will increase and increase once the development is finished.  not many appartments are walkable to beach and all amenities so close by with such a good specification and finish.  although i do think they are a little small

suzanne

I was lucky to be in at the start and paid 175,000.  We valued at 237,000 12 months ago but are waiting for another valuation, although we will hold off until we definitely can complete.  I also don't understand why people are hesitant to publish what they paid.

Don't forget that Leema is also waiting for the licence on Coto Real.  And we all have first hand experience of how long that can take, regardless of if the development is finished.

The apartment for sale on Coto Real is on the first phase which already has the licence, not quite sure how many are left on phase one.

Hi we paid 158 Euro for top floor could have had a ground floor  at 151Euro. Including garage space and store room,cant see what the secrecy is.We reserved in Manchester in SEp 2003.

Dont think coto real can match that

Ken Lynn

Coto Real apartments are huge with massive terraces.

Didn't realise anyone had bought as low as the 150's.  Bargain.