And now, the end is near...
Discussion
Possibly!!!!
Tis with tears and massive soul searching but my baby may have to go,
Basically, we have just got back from Stoupa and decided we want a villa we have seen. Our relatives already own one and we have been there several times and we have decided that this is where we want to spend our twilight years.
We didnt want to sell up in the Uk so our aim is to use it as a holiday home and for friends and family in the short term.
Thus my V12 becomes part of the equation.
If we cannot get the balance together then my car remains.
Looking on the bright side, you lot get peace and quiet, and somewhere to come and tell us about Aston exploits over an ice cold Mythos, which is ok after the 1st 3 or 4.
Even if we could afford it, the track to the villa certainly does not allow for access with an Aston.
Seeing our FA and accountant Thursday so I may be being a bit premature, but keep your eyes peeled on the classifieds in the next few weeks.
Secretly I am kind of half hoping we can't afford the villa as I will miss my Aston so so much.
Life loves to throw a curve ball now and again.
Di
Tis with tears and massive soul searching but my baby may have to go,
Basically, we have just got back from Stoupa and decided we want a villa we have seen. Our relatives already own one and we have been there several times and we have decided that this is where we want to spend our twilight years.
We didnt want to sell up in the Uk so our aim is to use it as a holiday home and for friends and family in the short term.
Thus my V12 becomes part of the equation.
If we cannot get the balance together then my car remains.
Looking on the bright side, you lot get peace and quiet, and somewhere to come and tell us about Aston exploits over an ice cold Mythos, which is ok after the 1st 3 or 4.
Even if we could afford it, the track to the villa certainly does not allow for access with an Aston.
Seeing our FA and accountant Thursday so I may be being a bit premature, but keep your eyes peeled on the classifieds in the next few weeks.
Secretly I am kind of half hoping we can't afford the villa as I will miss my Aston so so much.
Life loves to throw a curve ball now and again.
Di
That's sad news Di but for the greater good in these circumstances. Would you consider another less expensive model, maybe get something like your old roadster back?
Or back to TVR again..? Sure there could be a Crystal Topaz Tuscan/Tamora with your name on on for a fifth of the price of the V12V!
Or back to TVR again..? Sure there could be a Crystal Topaz Tuscan/Tamora with your name on on for a fifth of the price of the V12V!
Let's see.... a few bricks, bits of wood some mortar, nails and roof tiles.
vs
The sound of a V12 at full chat - the G-forces pumping adrenalin as you take on that tight twisting section of road - the addictive punch in the back as you put pedal to metal - the smell of hand stitched leather - the pleasure of admiring a thing of beauty as it ticks itself cool after a hard drive - the swoops, curves and fabulous crafted detailing inside and out - and the answer to that question "what do you drive"..... an Aston Martin
Nah I'd keep the car 
Joking aside, all the best with the decision, you can always down size to an early 09MY Roadster and have a win win scenario
vs
The sound of a V12 at full chat - the G-forces pumping adrenalin as you take on that tight twisting section of road - the addictive punch in the back as you put pedal to metal - the smell of hand stitched leather - the pleasure of admiring a thing of beauty as it ticks itself cool after a hard drive - the swoops, curves and fabulous crafted detailing inside and out - and the answer to that question "what do you drive"..... an Aston Martin
Nah I'd keep the car Joking aside, all the best with the decision, you can always down size to an early 09MY Roadster and have a win win scenario
Good to hear from you Di - sounds like you had a great hol.
If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy.
Your departure would indeed be a Greek Tragedy but.........a gorgeous V12V for sale.........one aggressive female owner..........genuine Tony Hall sill plaques (excluded from sale).........
Mmmmmmm
If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy.
Your departure would indeed be a Greek Tragedy but.........a gorgeous V12V for sale.........one aggressive female owner..........genuine Tony Hall sill plaques (excluded from sale).........
Mmmmmmm
Good for you Di.
On the timing front, is it not worth waiting to see how the current Greek tragedy plays out? If they default on their debts, and return to something like the drachma, isn't there a chance you'd be able to capitalize on the potential currency exchange? Just a thought.
In any event, best of luck
ETA - Jockman, great minds and all that!
On the timing front, is it not worth waiting to see how the current Greek tragedy plays out? If they default on their debts, and return to something like the drachma, isn't there a chance you'd be able to capitalize on the potential currency exchange? Just a thought.
In any event, best of luck
ETA - Jockman, great minds and all that!
Edited by Steve*B on Monday 20th June 18:22
Jockman said:
...
If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy....
In all seriousness, and it's rare I'd venture such a comment (If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy....
), but I would very much listen to this man if I were you.In 12mths' time, Greece might well look a whole lot different. Now might not be the time for a foreign national to be committing chunks of cash there.
Indeed, with Greece in the middle of a financial crisis it may well be prudent to sit tight for another year or two... There will always be another villa but there wont be many m,ore V12V's and besides you have only just bought it! I guess the critical question is how far off is your retirement? If its only a year or two away then it makes more sense to jump on the villa you have seen now - if not I would be very tempted to hang fire... 
Murph7355 said:
Jockman said:
...
If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy....
In all seriousness, and it's rare I'd venture such a comment (If you wait another year or so you may get the villa half price when Greece implodes into bankruptcy....
), but I would very much listen to this man if I were you.In 12mths' time, Greece might well look a whole lot different. Now might not be the time for a foreign national to be committing chunks of cash there.
George H said:
Could it not get better though (albeit it's looking unlikely)? If they somehow perform a turn around on the economy in the next 6 months, and find a way to cover outgoings, would the Greek currency not go up? Plus if it is anything like the Euro rate at the minute, it will be piss poor.
They would be better staking their future on alchemy!They badly need to cut expenditure but their people don't want that to happen. And they have nowt to offer to pay off the huge debt they've racked up (and continue to do so).
Our own economy's not healthy. But compared to theirs, we're positively flush!
I wouldn't bet a single penny that their situation is going to get any better within 5yrs, let alone 6mths.
Indeed there is more Greek economic gloom in the news tonight!
http://www.bbc.co.uk/news/business-13832164
http://www.bbc.co.uk/news/business-13838819
http://www.bbc.co.uk/news/business-13832164
http://www.bbc.co.uk/news/business-13838819
Edited by Adam2S on Monday 20th June 22:00
Appreciate the concerns guys, and wouldn't argue.
Our outlook is this. We saw a place last year for 350,000 euros. The builder has just accepted 380,000 euros. In other words he didn't, drop his price when unsold, he increased it and maybe fortunately for him, he got his price.
We believe, rightly or wrongly that Athens will bear the brunt of the economical changes and backwaters like Stoupa will remain by and large unscathed.
There is a thought that maybe the Greek government will see foreigners buying up property as an easy target for increased taxation, but that may be a very short sighted view taxing a very good source of income, thus dissuading further ownership.
Who knows, at the end of the day?
Never taken the safe option in our lives so we see this as another roller coaster ride.
C'est la vie
Di
Our outlook is this. We saw a place last year for 350,000 euros. The builder has just accepted 380,000 euros. In other words he didn't, drop his price when unsold, he increased it and maybe fortunately for him, he got his price.
We believe, rightly or wrongly that Athens will bear the brunt of the economical changes and backwaters like Stoupa will remain by and large unscathed.
There is a thought that maybe the Greek government will see foreigners buying up property as an easy target for increased taxation, but that may be a very short sighted view taxing a very good source of income, thus dissuading further ownership.
Who knows, at the end of the day?
Never taken the safe option in our lives so we see this as another roller coaster ride.
C'est la vie
Di
If Greece drops out of the euro it won't matter whether the builder sticks to his price you'll still get it 25% cheaper. The pound dropped by this amount against the euro and if they come out this will be the absolute minimum hit to their exchange rate - and the value of your villa .Lease for a year with an option to purchase ? Shame to sell the Aston and then end up losing the value of an Aston in currency depreciation
Lady Topaz, I was an Economist and have some understanding of international exchange rates in distress. I believe now would be the absolute worst time to invest in a fixed asset (Villa) in Greece. There is a strong probability that the Greeks will not be able sustain use of the Euro and will have to float their currency. If and when this happens you will be able to purchase the Villa for 20 to 50% less in terms of pounds. I do not think you will have to wait long to see which way the situiation will turn.
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