Spanish Love Poetry for Valentines Day

I think we are all becoming more cynical re Huma....perhaps it is 2008 blues and no action!!!

When in Spain talking to people and seeing everything on the ground you can perhaps appreciate the positive side more than when you are sitting infront of a laptop in UK and every so often looking at the rain outside

From your last post it seems that you have only paid the reservation fee of 3005 € [correct me if I am wrong]

For those who have paid the 40% deposit it is all a little more serious!!!

And unless you are prepared to take the risk, then now that 2008 has arrived it is perhaps time to get out if you have any serious doubts or want Spain now

With a slow market it is a good time to buy a legal well located property at a sensible price [there are not a lot of forced sales about as most who want to sell can afford to wait...little like UK now....and they are not easy to find in any case]

And if you go looking now you could be in by Easter

I am going to give it more time; why?........perhaps it is my background in property and I still think that long term I will look back and find that even with all the agro it will turn out a good buy

But everyone has to make their own decision as no one is in the position, as far as I know,to be able to give a professional advice one way or another 

The facts are that this part of Spain is marked by the Regional Junta for development and there will be a lot of infrastructure investment and the historical economic progression is that the local economy will benefit and property values.....but this is medium to long term and I suppose does not really help individuals make their mind up

Brian  

Yes, you are right - reservation only, and I have made no secret of the fact that this is why I am not pursuing Huma and also why I went ahead and bought elsewhere while still keeping an eye on ACC.  I said at the end of last year, and I will say it again -evenif the green light is given, it is unlikely that we will proceed with a purchase on ACC.  The problems at MCC and likely  changes  to plans, combined with the fact that we have already got a property we are happy with will mean we will not proceed (probably!!). 

Just for info Brian, I am also in property, and have experience across the UK, France, USA and Spain.  In my opinion, it is unwise to be bullish about property  when talking to people who are less experienced, unless you make it absolutely clear that property price rises are cyclical.  Unfortunately - (for me as well - buying in 2006) - we are in a downward and difficult market.      Even in a rising market it is important to understand that the market changes very quickly.  Ask any Brits who have been caught in the Florida tangle, and they will tell you what an uncertain game property can be. 

We want a place in Spain to enjoy the culture, the sun and the language.  Just like we started in France in the 1980s, and just like we went into the USA.  Any profit made at the end is a bonus, and for most people, should not be a driver. 

I am glad that you have moderated your opinions about ACC - I hope that people will be able to think about their own needs and desires, rather than think about whether or not they have a good sure fire investement.

Brian