Reply To: Advice on developments in Spain.

#70574
Anonymous
Participant

“how much a developer has to outlay prior to construction is no reason to put your own money at risk” and boy how I agree with that.

“the developer but they must have quite a substantial financial outlay before construction even begins at all” as with cars, televisions, phones etc. but how many such things to you put a large deposit down on say 1 or 2 years in advance.
This will have been taken into considration by the developer in his appraisal and funding plan, therefore is reflected in the price to start with.