This looks interesting-anyone know anything/what's the catch
This looks interesting-anyone know anything/what's the catch
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Discussion

spikey78

Original Poster:

703 posts

211 months

Wednesday 5th February 2014
quotequote all
http://www.securedinvestments.com/investment/guard...

To my untrained eye this looks good, too good really-there must be a catch! Anyone have any experience of this company or can see any gaping flaws in it?


NorthDave

2,541 posts

262 months

Wednesday 5th February 2014
quotequote all
If it looks too good to be true.......

Eric Mc

125,784 posts

295 months

Wednesday 5th February 2014
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If I saw the words "large bank" and "Spain" in the same sentence, I would be very cautious.

bogie

17,100 posts

302 months

Wednesday 5th February 2014
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is this how they funded that new Spanish airport that is sat unused ?

when do you get your money back? is it reliant on income generated by the facility when finished, or are they giving you a 300% return upon building completion ?

Simpo Two

92,971 posts

295 months

Wednesday 5th February 2014
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The words 'Supercar Lifestyle' were enough for me.

Only invest what you can afford to lose.

951TSE

600 posts

187 months

Wednesday 5th February 2014
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The circuit seems to be mainly used for testing and training with a few track days, both bike and car. So a car nut might get to see some unusual stuff. One thing I did notice on the website is that they allow 24 hour running and no noise limit, not necessarily both at the same time but something to be aware of.

Also if you look at the maps on the circuit website: http://www.guadixcircuit.com/ it does look a bit bleak and barren in the local area. Finally that investment website isn't exactly clear on what they're offering? I 'think' it's apartments around the circuit but It's not very clear.

BigBen

12,159 posts

260 months

Wednesday 5th February 2014
quotequote all
951TSE said:
Also if you look at the maps on the circuit website: http://www.guadixcircuit.com/ it does look a bit bleak and barren in the local area. Finally that investment website isn't exactly clear on what they're offering? I 'think' it's apartments around the circuit but It's not very clear.
A group of us (Atom Owner's Club) hired the circuit for a weekend last year. I can confirm it is more or less in the middle of nowhere, the nearest town is a good 5-6 miles away. Not sure I would say it was bleak, there are some great views of the mountains and it seems to be quite a nice region, about 2 hours drive from the airport in Malaga.

Don't think I would invest there, my friends are going back in a few weeks I could get them to find out what the deal is from Clive the circuit's (British) owner.