Nice to hear that San Cayetano build is good
But the current economic situation affects everyone, even the good Spanish builders
To sell the last ones here there are some very good deals if you go through the right channels....2 bed maisonette is available at 110.250 € .... reduced from 147.521 € and also reductions on the 3 bed and Quads
Now to those who have bought at the original price.....my view is that you have bought in to a very nice development and long term you should do very well......it was always a ' life style ' development not a dealers one and in these very difficult times when you read of these deals, you may feel that you have paid too much....but I think it will all turn out OK medium to long term
So often buyers in Spain think they have had a poor deal because they may have paid above todays price...but in Uk if you bought 1 year ago [ 2008] in UK the stats say your property has gone down 16%
Well!!......only if you have to sell!.....if you had bought RBS shares even in 2006/7[ considered very good and safe] and left it there your drop would have been massive!!
The advantage of property is that it is tangible, can be used and in Spain you can get ' life style' enjoyment out of it ...if the value drops a bit ,it does not affect the 'life style'.....well for most people!