Quote:
Originally Posted by mikey007
so what you are outlining is a classic example of a BUBBLE which tend to burst over time..
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''RE BUBBLE '' in land ... very original
... Nope mikey007 ... The land quantity in Juan Dolio is really limited . Plus the possibility to build up to 25-30 floors ... so it is the real price for it now , even it looks in most cases ridiculously expensive to me personally .
... There are towers in Juan Dolio that are going to be build on the beach on the lots were there are villas located ( cost over US$1,000,000 of land ) and they are going demolish them ...
... Remember Playa Real Resort
