Re: Re: Luxury golf resort becomes social housing project



From what I’ve seen on the Spanish coasts it appears the Brits are quite likely the most naive of prospective property seekers and all too often trust the spiel from their countrymen/women in estate agents. Not only having to contend with poor exchange rate at present, but forgetting the 10-11% completion costs, which, added to future selling costs, would mean the property would have to rise 16% or more to break even one day. Ok if it’s for long term lifestyle, but not good as a quick investment return. 🙄

People have short memories and despite this website there will always be unfortunate victims. 🙄