Posted this elsewhere but would be interested in other opinions- we are considering to buy 1 maybe 2 further properties, even bring family in but are naturally cautious. Whether to run as a rental business or to sell on… not sure yet. But, at the moment the Theme Park just exists as a video presentation and a fine bit of real estate. This presentation was part of a major ‘sell’ earlier this week in Madrid. Alicante airport has had real investment and is a major airport, Corvera is to open Spring 2012. Before anyone says Corvera lies derelict and nothing is happening- that’s untrue and I’ve seen the development recently- it moves on apace. High speed rail link also set for 2013 Murcia to Madrid. But, they need 1 Billion……….
By the by- on CdA the sports zone and 2nd bar re- opened this month. Main shopping area Al Kasar has new units taken up and an internet company has been getting the ‘net into all apartments that wanted them. Golf club house still awaited but a 2 storey Polaris World sales office, with upper balcony area is to be revamped and re sited with landscaping. How’s that for being ‘green’? Was smart enough 1st time around so a revamp should make it work for a golf club house. So although the resort isnt as ‘sold’ in 2006-2008 slow but steady progress has been made and Puerto Mazarron (15 mins from the resort) has had major investment so has lots of new portside bars and restaurants.