11 May 2008 10:47 PM:
Hi there,
I completed on Playa Golf 2 in Feb 08 after entering in to the deal with IAP nearly four years ago. I have seen same build up for sale as much as 40,000 euros cheaper. this month is the first in a decade for prices to drop, so it gives you some idea how inflated the prices were. On top of this the solicitor (M&G) recommended by IAP has also increased some of the fees overnight , legal fees doubled, and documents withheld, such that I didn't get the final statement for 2 months. I have not been sent original docs, was not given the NIE number, so I have chased for everything. Does anyone know if there is an ombudsman for solicitors in Spain?
I have just had 2 weeks at the apartment and saved a lot by doing everything ourselves, with my partner, after cancelling the furniture pack to cut costs. However, it has been real hard work as we did a lot of flat pack furniture, have had some problems having to take stuff back and so on. The build is good and snagging work is being done. I have found a local couple to key hold. The fees of the recommneded company are also high and I suspect there are few guarantees. I am interested to hear about the guaranteed income. I was not offered this. This may explain why some properties 'on the books' are let when others 'on the books' are not, which was a comment I heard while on the development.
I too am embarrassed to find myself in this predicaemnt, having paid over the odds and on the basis of such spurious claims. I placed such faith in IAP such was the sales job and the 'training' by Inside track, that convinced me that the price and the figures stacked up - I am keen to join with anyone taking a case up and look forward to hearing from you.
Community thread:
Arenal Golf
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