Hi ICR, Just to set the record straight , you seem to have misunderstood my previous post, I said there were over 60 apts. for sale in phase 1 not phase 2. People are trying to sell because El Soto falls far short of an exclusive development.
I have no idea how many are still for sale in Phase 2. I do know that several purchasers managed to get their money back after getting a letter from Grupo Mena informing them of the year delay. However, I also know people who have been trying for over 18 months to get their money back and have had no luck!
With regard to the price of the apartments dropping to 265,000 euros, these were actually advertised in The Sunday Times.