Re: Re: Where are we in the bubble cycle?

#118795

logan
Participant

The distance of coast between Torre@mark wrote:

@angie wrote:

Any links please on request made by logan and myself to these extra developments on the Costa Blanca , I’ve searched the web and can’t find them? đŸ™„

I don’t have any links. Someone I know, who is not a liar, has counted 68 new developments underway between Torrevieja and Pilar de la Horadada. These developments are catering to buyers who want better quality than the crap left over from the boom, and they are prepared to pay more. Brits and Swedes are buying the crap on the cheap, Norwegians and Russians are buying off-plan, better quality, more expensive (around €140,000). That’s all there is to it. You don’t have to believe it if you don’t want to. It might be part of the big conspiracy đŸ˜‰

The distance of coast between Torrevieja and Pilar de Horadada is 20km. Most of it is built up with cheap and tatty urbanisations with massive shopping malls built during the boom. The entire area has a cheap and cheerful ethos similar to Benidorm. There are few attractions to attract those seeking quality. Most of it is salt pans, cheap bars and mosquitoes.

For this region to have 68 quality self financing developments you would have to believe Elvis is still alive and living on the moon. đŸ™‚