Gran Alacant Forum

Gran Alacant Forum => General Discussions => Topic started by: dleafy on May 31, 2016, 21:03.

Title: Great Trip To Gran Alacant....Honest!
Post by: dleafy on May 31, 2016, 21:03.
Well then, it seems my last post has vanished.
Nowt to do with me. I’ll try again. Can’t remember what I wrote, but seeing as how I was only there a few days ago I should be able to have a stab at it!

We flew in late last Tuesday and thanks to google earth, the fact that the bridge was out wasn’t a problem and we arrived via Arenals around midnight, staying up the hill.

Our first morning we had breakfast (English) at La Piedra and it was really nice. We went back for lunch one day too. Very nice.
After that we met Andrea Burns for some advice and info. If you didn’t already know, we were in GA to look for a holiday home which would eventually become a ‘semi’ retirement home.
Andrea was really helpful and set us up with an appointment with Maria at Sabadell bank on the Friday. She too was very helpful.

After that, we met our agent who showed us around a few houses and apartments. Our original plan was to buy an ‘Aurora’ style town house. However, the last properties we saw were the Masa new builds down near the Gabe market / dog park. We loved them!

Although I knew from a lot of investigating that we wanted to be in Gran Alacant, we’d been looking at properties all along the coast. So on Thursday, we went to have a look.

First we went to Sierra Golf Resort, which was an absolute ghost town. This must’ve been the last resort Polaris were working on went the crash hit….and they seem to have just given up and walked away. Apparently, a new builder has it now and is trying to do something with it, but the information office wasn’t even open so not sure how well that’s gonna pan out for him!

Next we went to La Torre Golf Resort, but whilst it had more people about, it was still sparsely populated and quite a distance from the coast.

The last ‘Golf Resort’ was Mar Menor. This was much nicer and quite near the coast. The main problem with these golf resorts is the high communal fees (around €280 per month) and also the fact that if you don’t play golf, you’re surrounded by a lot of golf bores.

We had a look around Alcazarez, Torrevieja, Villa Martin, Benijofar and La Marina.
We also saw some fabulous new builds in Formentera del Segura with all the bells and whistles but it’s in the middle of nowhere!

So, Gran Alacant it is. Friday was spent looking around more properties and meeting up with some friends who live there ***waves hand at computer screen***
They showed us around and we had a very nice dinner at La Palleta.

Saturday was spent in Benidorm. The place has barely changed since we were last there.
Whilst I’d always seen a huge police presence there, this time they were busy actually dealing with crime….and stag and hen parties. Bit of a shame.
Still, Benidorm is what it is and we have fond memories of it.

What really surprised me about Gran Alacant was the amount of people there…which was great to see…..and also the amount of things to do there.
The properties we are interested in won’t be built for around 2 years. Masa’s policy seems to be to not start building until they have a sale. They want €6,000 deposit, followed by 30% two months later, then another 20% six weeks later.
It seems a bit steep to me to pay 50% of the price before they’ll lay a brick, but I guess they got burned before and don’t want it happening again.
I noticed they had some unfinished Auroras behind Gabe market which they seemed to have abandoned!

We’re gonna speak to our UK bank and take things from there.

Cheers

Davy !!!
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Blue and white stripes on May 31, 2016, 22:16.
We bought in 2000 and from memory had to pay similar stage payments. Ours was completed in a year.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on May 31, 2016, 22:25.
One year wouldn't be too bad. We're not in any desperate hurry, but two years is a bit of a stretch.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Tony Gillam on June 01, 2016, 06:41.
I remember the early days of the original forum with people moaning about delays to projected build time, sometimes running into a coupe of years late. Given that it is a buyers market out there at the moment, you may do better to go for a resale.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 01, 2016, 08:06.
There's always the option of a re-sale, then move later on.
There's certainly plenty out there for sale
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: John H on June 01, 2016, 08:15.
Only problem there Davy is the cost of buying and selling here.
A few years ago we thought about downsizing, after investigating it we would have downsized and released sod all equity
Get what you want first time rather than lining the tax mans and others pockets

Regards all

John


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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Up the iron on June 01, 2016, 08:19.
Hi Dleafy, there might be plenty out there for sale but choose wisely.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 01, 2016, 08:22.
Fair point John.
I'm sure the wait will be worth it....and we can always rent a few times for holidays. It's cheap and lets you try different properties and areas.

And yeah...some of the properties we viewed were awful. Not everyone looks after their property as they should. We viewed an apartment which was awful....and they wanted €148,000. We were gobsmacked.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: bobw1956 on June 01, 2016, 08:26.
we bought from masa in 2005, >:(wouldn't buy from them again,
when they have your money they are the most uncaring builders you will ever imagine.
Promised the earth,but delivered nothing.
Think long and hard before committing your hard earned cash to them.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 01, 2016, 10:38.
we bought from masa in 2005, >:(wouldn't buy from them again,
when they have your money they are the most uncaring builders you will ever imagine.
Promised the earth,but delivered nothing.
Think long and hard before committing your hard earned cash to them.




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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 01, 2016, 10:39.
Unfortunately they're the only ones building there!


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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: John H on June 01, 2016, 11:46.
Great experience with TM Torreblanca.
Plot selected, from a drawing and looking at a plot of land, €3000 deposit paid, given a completion date of 54 weeks.
After 3 months we had to pay 50% of the balance, we received regular updates and photos of the build
12 months after paying our deposit we received a call saying our house was ready.
We put the completion of the sale back a few weeks to tie in with when we could get time off work, no problems with TM accommodating this request.
The house was perfect with very minor snagging to do and I'm pleased to say has remained so.
TM are also receptive to structural changes within the build as long as agreed and signed off in plenty of time, quite a few of our neighbours have had alterations to the internal layout.
Wholeheartedly recommend them, currently building in Arenalas

Regards all

John 


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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Andy L on June 01, 2016, 12:12.
We bought from MASA off plan, stage payments, we had heard some horror stories so we were a bit worried but the house was completed a few months early, they had subbed the building work out to another company though.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: puddy-woo on June 01, 2016, 12:21.
We bought our first property through Masa as well. Few teething problems and was in the Masa office a few times, but all sorted eventually.  Our communal pool was pretty poor compared to others and a play area for the kids never materialised.  Build was a couple of months late which wasn't a problem. I wouldn't say the quality is as good as the apartment we are in now but no major horror stories from me.  If they show you a fab plan of what the complex will look like when completed I wouldn't take it as gospel.


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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: gunner on June 01, 2016, 15:41.
Well the good news is Masa dont build Houses any more . They only sell exclusively for the builder who has brought the land from masa. Which is a great thing as most people who have brought from masa in the past will tell you,they were one of if not the worst builder in Spain.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 01, 2016, 16:16.
So who is the actual builder?
It has Masa on all the literature...and the office!

Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Spurs on June 01, 2016, 16:41.
I think the builder is MASA it was certainly on the side of the Lorry  delivering there last week that I saw. Masa have had some bad press but also a lot of people have bought very successfully from them including myself with no issues or problems . There have been many of these stories on various forums if you read and accepted them all you would never buy from any builder . The truth I believe is that MASA are no better or worse than any of the others and as most of them use the same construction methods there is very little to choose between them all . Certainly resale prices do not indicate any difference in the builder or quality
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: angieanded on June 01, 2016, 19:07.
no one has mentioned Atlas there were a few storeys of late build there 2 years over the time
on some and deleafy dont for get transferwisefor good exchange rates good luck
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: gunner on June 01, 2016, 19:32.
Masa went broke along with a lot of other builders in the building crash. But in spainish law you can still trade {just dont have to pay your outstanding bills) Which sent the company broke who used to make all there concrete panels. As any one who knows the company will know Masa only built prefab style of build. Because they still own most of the land in GA to get round there problem. They have sold bits of there land to builders.( Thats why there are so many different styles of houses  being built) As part of the deal Masa are the 100% sole selling agents for these plots.Masa can appoint there own agents to sell on there behalf. But the builder cannot sell direct, thats why all the boards say masa . Also Atlas International were never a builder they only sold houses for builders. so when a house was late same as all the other agents it was out of there control when the house were finished. 
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Corporal Jones on June 01, 2016, 19:45.
As gunner says Atlas were only an introductory agent who took the deposit. Having previously owned a masa build i would say they are pretty low on the quality scale. they look okay but are more 70s standard than 2000.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: kevinb on June 01, 2016, 21:25.
Bought our place in 2003, if I was doing it again would buy a resale, likely get furnishings thrown in and no worries about the developer going bust with your money, a lot can change in two years .Also you get a house a lot quicker.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Tony Gillam on June 02, 2016, 07:50.
Like John Hannon, I bought a TM property (Novamar). They have the best reputation of all the developers. There's a variety of types TM properties on Novamar for sale (including mine) which, as John says, often include the furnishings. If I was buying again, certainly in the present situation, I'd go for a resale.
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: John H on June 02, 2016, 08:10.
As Kevin and Tony I'd go for a resale, you know exactly what you're getting and you get the benefit of "all the extras" the property owner had invested in, air con, security doors, sun blinds, patio furniture, mature garden plants.....the list goes on......and hopefully they've got rid of the ten bob (50p for our younger readers ) furniture pack the builder chucked in!!
There are some lovely very well kept properties out there, not holiday rental fodder, that have hardly been used.

Regards all

John


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Title: Re: Great Trip To Gran Alacant....Honest!
Post by: dleafy on June 02, 2016, 08:19.
I'd love to go for a resale property. We could be in within a month or two.
Unfortunately, when you've been tempted by a modern new build, its difficult to go back to your original choice.
That said, we saw lots of awful properties which hadn't been touched in over ten years, but we also saw some which had been transformed beyond recognition into ultra modern, beautiful homes.

Who knows, maybe another couple of weeks of this fantastic summer weather we're experiencing here in the uk (sarcasm alert) will make us change our mind?

Cheers

Davy !!!
Title: Re: Great Trip To Gran Alacant....Honest!
Post by: Blue and white stripes on June 02, 2016, 09:11.
We bought off Masa in 2000 and had no problems whatsoever when dealing with them via their agents or offices. We also bought off them again in 2005 again without problems with them though the local council delayed the project by a year.