[Anonymous]

The council has stopped this development:

http://www.laverdad.es/murcia/20071120/comarcas/mula-ayuntamiento-cierra-cualquier-20071120.html

At last councils are stopping developments in illegal places like rustic areas.

[Anonymous]

This developer was offering 18% sales commissions to agents, or anyone for that matter.

As a rule in the Spanish property business, the developers and agents flogging cheap property are also the ones taking their clients with huge commissions ranging from 15% to 25%. One day I will write about it, though it might break the heart of people who have bought property in the Costa Blanca and Murcia to find out how much of their life savings went into the pockets of the most undeserving people.

Mark

[Anonymous]

Whilst agreeing with Mar’s observations, I would like to stress that huge commissions to agents, etc., are not unique to Spain or property sales. Talk to many who thought that the money they handed over to the kind salesman from the pension companies, were unaware what percentage the nice salesman was getting.

[Anonymous]

mark

…….a book about Spanish property swindles?, you wouldn’t want that falling on your foot!!

[Anonymous]

@peterparra wrote:

At last councils are stopping developments in illegal places like rustic areas.

Peter – I’m very encouraged by this and hope that this is a true sign that times really are beginning to change in Spain.
I believe it will now be a brave council official who is prepared to risk accepting a bribe to ‘approve’ an illegal development. And just maybe the arrogance of some developers who put up flags and a sales office to sell a ‘dream’ that has no legal basis will eventually become a thing of the past.

[Anonymous]

Well, we live close to a planned development (Trampolin Bahia Barinas) between Macisvenda and Barinas. The flags came down about two weeks ago, although the unsightly poles remain.

Apparently they’d planned to build 600 houses, estate agents locally were falling over themselves to market the properties.

Mark – if you would like some further ‘background’ to this including some of the behind the scenes rumours, I’ll happily dislose what I know privately.

[Author]

Posts