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Dear All,
well there you have it.
A magnificent leap of faith, absolutely superb.
Well done Georgia, extremely well done, my many thanks.
My lost deposit is mere money and even my children have not disowned me.
But I shudder to think of that young family if they had a mortgage on that demolished property and are now living in a wooden shack in their homeland with the mortgage still around their necks.
The Priors are I understand no longer living in the garage but hopes of reinstatement are slim.
It is barbaric and must be stopped.
They should immediately bring in a law similar to the UK where 4 years unapposed build is deemed legal.
JOIN THE BOYCOTT STOP THE DEMOLITIONS
Regards
Norman
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N. Sands
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After reading the blog that barclays predict the pound to be the strongest currency in 2011 maybe the tourists will return to spain in their masses lets hope that the bar owners and resaurants don't get greedy and bang up the prices to recoup what they have lost in the last few years thus killing the long term return of those looking for that cheap break in the sun.
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Norman,
I am going to restrain from answering you directly as for one you dont ever seem to ask questions only make statements and secondly, half the time i have absolutely no idea what you are going on about?!
Are you implying that your children don't speak to you because you have spent their inheritance in a foolish manner? if so and they have the full facts of your apparent squander.......are the forum memebers supposed to back you with half the facts?
and BTW there is a law in spain that adheres to the property being built for a certain time unoticed that will in essence legalise it by default.
anyway...moving on.............
Goodstich.
Being at ground zero as it was, you do get both sides of the story constantly, both doom and optimism.
I don't tend to buy into either 100%
Spains biggest elephant in the room is it's legal system, i feel it is working towards resolving old issues very quickly, it is very unfortunate that you got caught up in the old regime, i can guarantee it wouldn't happen now.
I am hoping that the pound increases and the legal nasties dissapear the we can all live here with our ups and downs.
Dartboy,
I hope so too, hopefully we have all learned from mistakes made in the past, the good times were way too good and the bad times also.
Happy,constant medium is required by all parties.
If we could cut unemployment by half in spain and create new industry then we would be nearly there.
The pound could save spain yet.
Some good press releases regarding Paramount's new theme park seem to have turned the mood a little within my circles.
Let's hope it's all done on the straight and narrow and no brown envelopes spoil the future, it will be fantastic to have that on the doorstep,not just for the employment but for infrastructure and all associated industries.
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www.taylorlandandpropertygroup.co.uk
still here after all these years!
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georgia
if as you say, the lack of regulation/corruption is a thing of the past for new buyers, then that certainly is a move in the right direction. I'll take some convincing though!!
I would have to point to the Priors current situation plus all those on the petitions etc, including many of us having won cases in court.
For us, nothing has changed, the old regime of lies and deception from those in very high positions of legal trust are still very much alive sadly. Until those responsible face up to their demons and start administering real justice, then I think confidence will remain low for potential new investors. So many were cheated in so many various ways, that we need to experience real change in the system before we would advise anyone else to buy.
As you say ''I'ts not the UK'', which of course was why most of us wanted to buy, but I think most would like to feel that they can at least buy with similar confidence that they have in the UK system, and I'm not pretending that's perfect.
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Goodstich,
I agree with the point of the Priors, yourself and many others on here.
What you all have in common is theat you purchased in the boom when regulation took a back seat to the sausage factory mentatlity of Agents/Developers.
I appreciate the facts that the courts seem to have no consistency or adhere to the letter of the law because in my opinion they are dealing with retrospective claims and rip offs.
Without trying to add salt to the wounds, the point i am making is that if your situation happend today you wouldn't even been allowed to purchase or pay a deposit on your apartment, it would have been found out in the checks very early on.
I know that is no consolation but at least people are now benefitting albeit at your cost.
I don't think the system will ever be perfect as the Spanish mentality is very similar to the Italians and is very old fashioned (to put it nicely).
But, it is hugely evolved from your unfortunate experience.
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www.taylorlandandpropertygroup.co.uk
still here after all these years!
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Sorry but that's a load of nonsense. The Priors got done over in the first place because Vera council issued licences that were ultra vires - they didn't have delegated authority from the Junta to issue them. How many lawyers or estate agents check with the Junta de Andalucia each time?? Not many. If you've got a clean nota simple, a fin de obra and primera ocupacion then 999 lawyers out of 1000 will tell you you're good to go. Nobody should have confidence that the system is clean now. I still reckon the best advice is don't buy off plan or on a new development. Why take the risk?
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Georgia,
That's a bit of good news about Paramount. Make another thread so we can find out more about it. 
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Dear Georgia,
if that is correct.......
"Without trying to add salt to the wounds, the point i am making is that if your situation happend today you wouldn't even been allowed to purchase or pay a deposit on your apartment, it would have been found out in the checks very early on."
that is great news and welcome by all, I take it that it is the lawyers who would have acted differently and for the client not the developer?
Is this a general truth and can it be endorsed by Maria?
As to my personal circumstances, you are of course correct, the family have looked to me for a lifetime to act prudently and sensibly with or without a solicitor. they like me cannot understand how a paid solicitor/lawyer could act against their own client, it is to us an inconceivable crime of negligence at least.
"and BTW there is a law in spain that adheres to the property being built for a certain time unoticed that will in essence legalise it by default."
if this is the case why have there been demolitions and why are so many more under threat???
can Maria endorse this as well?
Regards
Norman
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N. Sands
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Her's Justins take on the situation.
I have been down to the area yesterday, according to my sources it will be agreed and started in April 2011.
please feel free to post this to a new thread candyfloss.
Over the past few years we’ve heard a lot of talk of Disney opening up a theme park in the Manilva area on the Costa del Sol. In fact, many estate agents sold properties under the premise that Disney were coming and that it would mean that property prices would increase due to the resulting tourism in the area.
 Must of us knew all along that this wasn’t really ever going to happen. Disney were not about to put their Paris theme park out of business, even though originally they had planned to build the “Euro Disney” in Spain; the actual location being what is today the Selwo adventure park. The lack of infrastructure in the area is allegedly what put Disney off and chose, perhaps mistakenly, Paris instead.
Now more recently we’ve heard a lot of talk about Paramount Studios opening up a theme park in the Murcia area of Spain. Although originally many people assumed this was another “Disney in Manilva” moment, the fact of the matter is that the Paramount theme park in Murcia IS going ahead, as has recently been confirmed by Paramount Pictures Spain.
For once some good, positive news!
The Facts
Paramount Studios themselves will NOT be investing in the project. Instead the Murcia Regional Government along with what appears to be a group of investors under the name of Santa Monica Financial Services SA, will fund the project under licence from “Paramount Licensing”.
It is therefore more of a Paramount-branded theme park than a Paramount theme park in it’s own right.
However, this sort of set up appears to be quite a common way of setting up these types of facilities, hence the “Paramount Licensing” division of the company.
The Location
Murcia covers a large area and at the moment no details have been given for the exact location of the theme park, but expect it to be quite far from most residential areas!
Timing
Let’s not get too excited yet as this is still at a very early stage so going by the usual timescales for large projects we’re probably look at a minimum of 2 - 3 years before this gets completed, possibly longer.
The Competition
 There are already several theme parks in Spain, with two of the major ones being Portaventurain Salou in the North of Spain and Warner Bros World just outside of Madrid.
I have never been to Portaventura but I hear it is very good but we went to Warner Bros World in Madrid last year and weren’t overly impressed. It wasn’t particularly busy and everything looked a little tatty. The characters didn’t appear where they were set to appear at the published times and compared to Disney in Paris....well it really doesn’t compare.
Paramount, like Disney and Warner Bros, has the name and the famous characters associated with the brand to ensure it gets a lot of interest, so in a way it is guaranteed to do well, especially in the early days I'm sure.
Accommodation
Most of these large-style theme parks tend to have their own on-site hotels, albeit very expensive ones. When we went to Disneyland Paris last year we stayed in one of their hotels which was great. We saw the characters in the morning, we walked to and from the park and got to stay an extra hour after the park closed because we were staying in a resort hotel. All great benefits for staying in one of their hotels.
Both Disney in Paris and Warner Bros World in Madrid are quite far from anything else. Although you can get a train to either of them, and many people do as they only go for a day, it is much better when you have kids if you just stay in the resort itself.
What Does This Mean For Those Renting Out Properties in Murcia?
Apart from the huge number of jobs that the park will create, property owners in the area are certainly set to benefit too.
Murcia already enjoys a considerable amount of tourism and the Paramount theme park is sure to become a “must go to” destination for visitors to the area. In fact, whilst foreign tourists go to Murcia to soak up the sun, they’ll soon have the option to visit the park whilst they are there.
This is going to be a huge selling point for those marketing their properties for rental in the area. No longer is it just about sun, sea, sand and sangria, soon there will be the option of days out at a top theme park in Spain. For those of us with kids, it really is a great selling point.
In terms of property values in the area, I can’t see this is going to have much of an impact in the short term until people can demonstrate that the park is bringing in huge amounts of people looking to rent apartments instead of staying at the resort.
Maybe by the time the park is ready property prices may have at least started to creep up but I can’t see the park itself having that great of an effect. There are just still too many properties around.
The Spanish Market
An important point to understand is the Spanish culture towards travelling. Although it is changing, the Spanish are typically very patriotic and they love their country so much that most of them see little point in leaving it for a holiday. In fact, most of our Spanish friends rarely leave the area!
I truly believe that the Paramount theme park is really going to be more for the Spanish than the foreign tourists. Sometimes we underestimate how much the Spanish holiday within Spain, especially entire families going to the coasts from the big inland cities. They tend to have money and they spend it during the summer enjoying the beaches.
If you plan on attracting Paramount tourism for your apartment then you need to consider marketing it to Spaniards.
What You Should Do Now As A Property Owner In Murcia
So you own a property in Murcia that you rent out for holidays and you’re hoping in a few years time you’ll be able to capture some of the Paramount tourism. There are a few things you can start doing now to position yourself accordingly in the market. Remember that as this gathers momentum, competition will increase so you have to begin now.
Firstly, as I talk about in my Top 10 Strategies To Boost Your Rental Enquiries ebook, you should have your own website to market your own rental property.
Secondly, you need to begin adding information about the Paramount theme park to it. Create a “Paramount Theme Park Spain” section and add news and information as you get it. The idea is to get this information out there and for Google to find it. There are already many people searching for “Paramount Spain” and “Paramount Murcia”.
You need to be there because eventually people will start searching for “Holiday rentals paramount murcia” and if you want to be found on Google for this, then you need to begin now as it's only going to get tougher.
I’ll leave it with you to come up with some other ideas!
All in all, this is some great news for the Murcia area but for now we just need to wait and see what further details are released regarding location and timing.
When it opens up I will certainly be taking my kids there and I may just be looking for somewhere to rent at the same time!
What are your thoughts on the Paramount Theme Park? Please leave your comments below. I look forward to reading them.
Written by: Justin Aldridge (EOS)
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www.taylorlandandpropertygroup.co.uk
still here after all these years!
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Jek,
Regarding the Priors, was the land urbanistic or rustic?
In my reckoning the plot was nowhere near 10,000m2 and it looks very rustic.
I am not arguing with you,just unclear of the true situation.
if it was rustic even with licence, today this would never be built in the first place.
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www.taylorlandandpropertygroup.co.uk
still here after all these years!
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Then again Georgia, I think this may be the right thread, it is to do with Economic situation in Spain........
Am I right in thinking it will be located near to Camposol?
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Condado del Alhama.........although this is to be confirmed in April.
And yes it will help the economic climate enormously...in fact it could single handedly resue the area!!!!
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www.taylorlandandpropertygroup.co.uk
still here after all these years!
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That is really good news Georgia.  .
Look forward to the next thrilling installment!!!! I dunno, what with Corrie and the apprentice, all this excitement is getting too much for me  
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I look at this site occasionally when I'm bored and it's raining....but plus ca change, plus c'est la meme chose, as the French say.
Old Stormin' Norman and co.still bemoaning their lost dosh....and obviously, from Sandra's delightfully tasteful photo, boring the pants of some people at least. Chavs'r'us indeed.....no wonder some people think the Costas are downmarket.
Professional help needed here, methinks...this whingeing is showing signs of an obsession. You aren't going to get your money back so get over it, move on, get a life. Stop intruding on every site with your carping. You will kill this forum.
Haven't you got your own little corner where you can moan to your hearts' content with like-minded folk?
This message was last edited by praguepix on 10/12/2010.
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The Owl of Minerva spreads her wings only at the onset of dusk....
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Well posted Praguepix. We make a mistake and moan for England. I made a mistake and thats it , we all knew in the back of our minds that it was risky buying something that was'nt there. Pig in a poke I think its called.
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Couldn't agree more with praguepix.
It's simple. the world is in economic crisis. Not just Europe, not just Spain. It was started many years ago in the USA, and is continued by corrupt banks and bankers all over the world. They bought and sold money and derivatives that did not exist. They gambled everone's future away and lucky them, they still get huge bonuses for doing it so well. Politicians are mere pawns in a game. They jump to the bankers tune. It's called capitalism.
It's amazing that some people on here think they can:
a) apply UK standards and values (of justice, legal systems, build quality - anything at all really) to a sovereign country just because they choose to invest there and it goes wrong. Anyone tried investing in other countries? Try telling them how to run their country and accept the consequences;
b) be seen as a unique cause and tell others that no one understands the situation if they don't attack the country or the people. This is a world wide catastrophe. For example, hundreds of thousands of families in the usa have been evicted from their homes because of this financial fraud. Many more will follow - all over the world. Does that mean we have to hate or fight for change in all other countries because we can't get recourse to british justice there - get real;
c) force a culture of hatred of a whole country, through their constant attacks on others who have chosen to get on with whatever life has dealt them through their experiences of Spain. They have no idea what others have been through, how they actively support improvements or why they choose to be content with or get on with their lot. Everyone with a different opinion is a 'silly' or unsupportive - this smacks of facism or worse.
Many people have had their fingers burnt. It is sad. It is life changingly stressful, many of us know this. However, it is not life or death. Move on. Keep to your own threads if you want support. Stop trying to become the thought police and let the forum be a forum.
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Jane
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Thanks Sanchez1, sadly for readers it is you who OBVIOUSLY haven't been keeping up with recent events. The world is in economic crisis. The IMFand EMF now hold more debt than economies can ever clear. They dictate the actions countries must follow to access their bailouts, which means they control the economy. They want the debt. They create the debt. They benefit from the desperation around them and the control they have. Ultimately they feed the private bankers. If you kept up, you would know that the federal reserve bank of america is a private bank, governed by individuals making personal wealth while home reposessions soar as the banks force mortgage foreclosures. The Usa is in big trouble, no matter what any stock market shows. The bank of engand is exactly the same. Governed by the private bankers who set the economic conditions to make money for themselves.
In turn these individuals control the IMF and the EMF. That is why countries like Greece, Ireland and Iceland fought so hard not to have to accept bailouts from these organisations. China hold most of the USAs debt. Maybe it's the usa economy you refer to as a basket case, who knows. But it is serious. It is not just the euro at risk of collpse. They are all playing a game of chicken to see who blinks first. The trail is not too hard to find if you look beyond the media spin and the business pages.
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Jane
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