Have just reserved an off- plan site with Parador Properties, United Golf resort La Tercia, 9 hole course. 1 bedroom apt. completion dec 2007. To reside/possible rental. I’m a non-golfer
Should I get an independant solictor now?
Has anyone experience of Parador or United Golf Resort la Tercia?
I’m about to buy at a really good price (I think).
Comments from anyone, very welcome…
Most definately take independant legal advice before committing even to a deposit.
Not suggesting anything amiss but no -one should buy property anywhere in the world with first consulting a lawyer.
etter safe than sorry.
Most definately take independant legal advice before committing even to a deposit.
Not suggesting anything amiss but no -one should buy property anywhere in the world with first consulting a lawyer.
etter safe than sorry.
United Golf are building a quality product but the site is miles from anywhere, so the location is not that great. As a golfer myself, I wouldn’t rent a property with only one bedroom and no-one will rent on a course with only 9 holes. Golfers want 18 holes, back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
Also, it’s too far from the beach for holiday rentals as well.
I realise this is not what you want to hear, but you did say comments from anyone.
Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!
United Golf are building a quality product but the site is miles from anywhere, so the location is not that great. As a golfer myself, I wouldn’t rent a property with only one bedroom and no-one will rent on a course with only 9 holes. Golfers want 18 holes, back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
Also, it’s too far from the beach for holiday rentals as well.
I realise this is not what you want to hear, but you did say comments from anyone.
Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!
“Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!”
Very wise words!
However may I add that both Claire and myself saw our building licence at the time of purchase on our particular developement. All was o.k.
What we didn’t realise was that the plot was in a green belt zone according to the Junta’s PGOU plan – and the BL should not have been issued in the first place (obtained with a bribe! – and consequently revoked many months after we had paid our money).
So in this day and age, I think that not only the building licence should be checked, but that one’s lawyer should also check that the development does not go against the PGOU, if buying in Andalucia.
Two developments (with purchasers living in them!) have just been emptied and taped off by the police for this very reason in Elviria, CDS.
I don’t know where your particular development is and it may well not be involved in the current situation that is going on at all.
I am merely posting the above for general information for those who are purchasing in this area.
“Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!”
Very wise words!
However may I add that both Claire and myself saw our building licence at the time of purchase on our particular developement. All was o.k.
What we didn’t realise was that the plot was in a green belt zone according to the Junta’s PGOU plan – and the BL should not have been issued in the first place (obtained with a bribe! – and consequently revoked many months after we had paid our money).
So in this day and age, I think that not only the building licence should be checked, but that one’s lawyer should also check that the development does not go against the PGOU, if buying in Andalucia.
Two developments (with purchasers living in them!) have just been emptied and taped off by the police for this very reason in Elviria, CDS.
I don’t know where your particular development is and it may well not be involved in the current situation that is going on at all.
I am merely posting the above for general information for those who are purchasing in this area.
Hindesight is a wonderful thing but if I were thinking of purchasing on a development anywhere in Spain now I would first employ the services of a local gestor.
Ours has been fantastic. They know people who know people ( and I don’t mean via bribery and corruption) and queries we have had have been sorted quickly and efficiently. That is their job. They know who to approach at the town halls to check on legality of land etc.
Obviously lawyers can also do this but their expertise is stretched in other directions as well.
From my experience of the property market in Spain anything goes. The most important issue is to tell the prospective buyer what he wants to hear. Can’t be accused of lying if the buyer doesn’t ask the right questions…so that’s okay then !!!
After reading the Timesonline report yesterday It has never ceased to amaze at what folk believe when told of a way to make a fast buck. Some people are so guillable. Is it any wonder the rogues hone in on it.
Before anyone jumps down my throat; Let me make it quite clear I am in no way referring to anyone posting on this site just the newspaper article on Bulgaria.
Having said this it doesn’t make it right and if people need protecting from themselves then lets hope a laws can be brought in to do it.
Hindesight is a wonderful thing but if I were thinking of purchasing on a development anywhere in Spain now I would first employ the services of a local gestor.
Ours has been fantastic. They know people who know people ( and I don’t mean via bribery and corruption) and queries we have had have been sorted quickly and efficiently. That is their job. They know who to approach at the town halls to check on legality of land etc.
Obviously lawyers can also do this but their expertise is stretched in other directions as well.
From my experience of the property market in Spain anything goes. The most important issue is to tell the prospective buyer what he wants to hear. Can’t be accused of lying if the buyer doesn’t ask the right questions…so that’s okay then !!!
After reading the Timesonline report yesterday It has never ceased to amaze at what folk believe when told of a way to make a fast buck. Some people are so guillable. Is it any wonder the rogues hone in on it.
Before anyone jumps down my throat; Let me make it quite clear I am in no way referring to anyone posting on this site just the newspaper article on Bulgaria.
Having said this it doesn’t make it right and if people need protecting from themselves then lets hope a laws can be brought in to do it.
United Golf are building a quality product but the site is miles from anywhere, so the location is not that great. As a golfer myself, I wouldn’t rent a property with only one bedroom and no-one will rent on a course with only 9 holes. Golfers want 18 holes, back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
Also, it’s too far from the beach for holiday rentals as well.
I realise this is not what you want to hear, but you did say comments from anyone.
Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!
Best wishes.
Hi Andy,
I must say I can’t agree with all your comments. La Tercia will have a town centre within the development. So the “back to the apartment for a shower, walk to the bar or restaurant for a good drink and stagger home” will be possible. Also, not everyone wants the beach but half an hour drive is not that far away. It is also going to be very near to the new airport at Corvera, where those that want a weekend golfing will find it extremely convenient. However, I do understand your comment about a 9 hole course. I am not a golfer but know many who are. Not sure that any of them would want 9 holes.
United Golf are building a quality product but the site is miles from anywhere, so the location is not that great. As a golfer myself, I wouldn’t rent a property with only one bedroom and no-one will rent on a course with only 9 holes. Golfers want 18 holes, back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
Also, it’s too far from the beach for holiday rentals as well.
I realise this is not what you want to hear, but you did say comments from anyone.
Melosine is right, never pay any money or sign anything without FIRST speaking to an independant solicitor. Also make sure you see the building licence for this development and not just the application to build!!
Best wishes.
Hi Andy,
I must say I can’t agree with all your comments. La Tercia will have a town centre within the development. So the “back to the apartment for a shower, walk to the bar or restaurant for a good drink and stagger home” will be possible. Also, not everyone wants the beach but half an hour drive is not that far away. It is also going to be very near to the new airport at Corvera, where those that want a weekend golfing will find it extremely convenient. However, I do understand your comment about a 9 hole course. I am not a golfer but know many who are. Not sure that any of them would want 9 holes.
I agree with Anita not to far to travel to beach,on site recreational facilities.Not to far to travel from both airports in the area.
United Golf are planning a further 3 developments in the area,this will increase the playing area to 72 holes in total.
Any way with only 9 holes it will be quicker to make it back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
I agree with Anita not to far to travel to beach,on site recreational facilities.Not to far to travel from both airports in the area.
United Golf are planning a further 3 developments in the area,this will increase the playing area to 72 holes in total.
Any way with only 9 holes it will be quicker to make it back to the apartment for a shower, walk to the bar or restaurant for a good drink and then stagger home.
As a golfer, I find Spain too hot to play in the peak Summer months, even using a buggy, therefore there has to be more on site than golf. Near to the beach is a must. That is why La Manga is seen as the place most resorts aspire to, lots to do apart from golf, with its own beach (albeit small). So to me a place in the boonies far from anywhere apart from an airport (not yet built, but noisy?) does not appeal in the Summer.
In the Winter, a 9 hole course does not appeal either. If there was nothing else apart from a 9 hole course, I just would not go there. However, Murcia has loads of courses available or under development, so lots of better choice.
Also consider this, the number of visitors to Spain has declined for the third year running and the number of planning applications for houses has doubled to 1.4 million in 2006 (source Greenpeace report). So in terms of rental you are facing increasing competition for a declining market with a product of less appeal than the competition.
Would perhaps you ask your agent to justify any claims for rental potential.
As a golfer, I find Spain too hot to play in the peak Summer months, even using a buggy, therefore there has to be more on site than golf. Near to the beach is a must. That is why La Manga is seen as the place most resorts aspire to, lots to do apart from golf, with its own beach (albeit small). So to me a place in the boonies far from anywhere apart from an airport (not yet built, but noisy?) does not appeal in the Summer.
In the Winter, a 9 hole course does not appeal either. If there was nothing else apart from a 9 hole course, I just would not go there. However, Murcia has loads of courses available or under development, so lots of better choice.
Also consider this, the number of visitors to Spain has declined for the third year running and the number of planning applications for houses has doubled to 1.4 million in 2006 (source Greenpeace report). So in terms of rental you are facing increasing competition for a declining market with a product of less appeal than the competition.
Would perhaps you ask your agent to justify any claims for rental potential.
My point really was about the rental potential of a one bedroom apartment half an hour drive from the sea on a 9 hole golf course. When you buy something to rent out, you need to examine your potential rental market very carefully. Either you want to attract golfers ( and there is no other good reason to buy on a golf course) or you want to attract holidaymakers who want the beach.
The apartment in question doesn’t satisfy either of these groups so who is going to rent it?
As for Corvera airport, well it’s a bit like El Dorado, nice idea, but it may never happen. Outline planning permission has only just been granted and tenders are not yet in, so 2008 or 2009 looks optomistic as a completion date.
My point really was about the rental potential of a one bedroom apartment half an hour drive from the sea on a 9 hole golf course. When you buy something to rent out, you need to examine your potential rental market very carefully. Either you want to attract golfers ( and there is no other good reason to buy on a golf course) or you want to attract holidaymakers who want the beach.
The apartment in question doesn’t satisfy either of these groups so who is going to rent it?
As for Corvera airport, well it’s a bit like El Dorado, nice idea, but it may never happen. Outline planning permission has only just been granted and tenders are not yet in, so 2008 or 2009 looks optomistic as a completion date.
Andy, the green light for the airport was given in March. Approval given by the Development Ministry in May and will be out to tender this Autumn -therefore tenders wouldn’t be in yet would they?
Kevin, from the posts on various other forums I have read I think that there are a large number of golfers who find La Manga very tired, and how do you know that most other resorts aspire to it. In my opinion other resorts are trying to better it.
Corvera Airport – “not yet built/but noisy”. Surely depends on where you are buying and whether or not you are on the flight path. We are buying at Corvera Golf & Country Club which is only five-ten minutes drive away, but not on the flight path.
“Far away from anywhere”, have you forgotten Murcia City? A couple of shops to look around I think. Have you forgotten that you are right near a National Park. Beautiful scenery. Much more enjoyable than playing sardines on a beach. These resorts have many facilities to occupy the majority of people, spas, restaurants, bars, tennis courts, horse riding, indoor/outdoor swimming pools etc., the list goes on.
I think you’ll find the number of tourists to Murcia has increased dramatically. Last year a record 31 million tourists visited Spain between January and July. According to the National Institute of Stastics the number of tourists that visited the region looking for a more rural type of holiday rose by 24% compared to 2004. Murcia received 38,093 tourists searching for a rural holiday in 2005. Murcia is becoming one of the most popular regions for rural tourism.
Andy, the green light for the airport was given in March. Approval given by the Development Ministry in May and will be out to tender this Autumn -therefore tenders wouldn’t be in yet would they?
Kevin, from the posts on various other forums I have read I think that there are a large number of golfers who find La Manga very tired, and how do you know that most other resorts aspire to it. In my opinion other resorts are trying to better it.
Corvera Airport – “not yet built/but noisy”. Surely depends on where you are buying and whether or not you are on the flight path. We are buying at Corvera Golf & Country Club which is only five-ten minutes drive away, but not on the flight path.
“Far away from anywhere”, have you forgotten Murcia City? A couple of shops to look around I think. Have you forgotten that you are right near a National Park. Beautiful scenery. Much more enjoyable than playing sardines on a beach. These resorts have many facilities to occupy the majority of people, spas, restaurants, bars, tennis courts, horse riding, indoor/outdoor swimming pools etc., the list goes on.
I think you’ll find the number of tourists to Murcia has increased dramatically. Last year a record 31 million tourists visited Spain between January and July. According to the National Institute of Stastics the number of tourists that visited the region looking for a more rural type of holiday rose by 24% compared to 2004. Murcia received 38,093 tourists searching for a rural holiday in 2005. Murcia is becoming one of the most popular regions for rural tourism.
Just a few points I felt needed to be made.
Regards, Anita.
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