Shak mate - I know this is only a tiny poll and therefore can't
really be regarded as accurate, but it's still interesting to see that so far 50% of respondents say Fadesa's reputation was their main driver for purchasing at Kabila.
This is what I was talking about when I was going on about the majority of future buyers don't see the side of Fadesa you're (quite rightly) pointing out. To the great majority of buyers Fadesa represent a "safe" investment. This is why to some degree I think the final quality of the build is irrelevent for those wanting to sell on quickly (assuming they're not crumbling when finished
). You'll always get buyers that will want to go with a reputable builder, even if under the surface their reputation is built on a foundation of sand (to use a relevant mataphor)...
My conclusion - Fadesa may have done badly in some developments in Spain, but generally their reputation is a valuable asset that commands a premium on prices. This is good news for Fadesa's shareholders but also those of us that intend to invest in their properties... Do you get my drift?
Think of it like this... Mercedes or Ford? Mercedes is much higher in price and has a much stronger reputation for quality than Ford. However, if you look at all the quality surveys, Fords are actually better built these days... But people will pay more for a Merc for the perception of quality..