16 Jun 2007 6:58 PM:
We are at Marina DOr also. Currently renting via Alexander Homes. I would NOT recommend them, full stop. There is a new Agency DANESP opened in Oropesa www.danesp.com I have been in e-mail contact with them dvalls@danesp.com but must stress that I do not know anything about them. They appear to be quite efficient, their rental payments to owners is certainly more than Alex Homes pays. For instance 3 or 4 months Spring/Summer Holiday Lets with them would bring in far more than AH pay for an 11 month long term rental. They also seem to charge 2.5% commission to sell whereas most agents charge around 5% which is a lot. Other options are; rent through Marina D'Or, who don't pay well either, or try doing it yourself which is not for everyone including me. We bought this apt as a so called investment and were supposed to sell before completion. It didn't happen as the firm we bought through(DREAM OVERSEAS PROPERTIES IN N IRELAND) let us down big style. I am considering selling at present, but the Spanish Property market is very flat now and we would probablY have to sell at less than we paid (We completed last Dec)
If you e-mail DANESP they will send you 2 e-mail attachments with info about rental returns as well as the current state of the property market there now. The airport is way behind schedule and apparently not due for completion until end 2008/ early 2009. Hope yhis is of some help to you, and not too depressing.
Thread:
I want to rent out my new apartment in Oropresa marina dor
--------------------------------------