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02 Nov 2006 9:10 PM:

We bought in 2002 and were told the building promoter would initiate a bank guarantee, but surprise surprise, he never did and now states we will have to stump up for it if we want a guarantee!  On their website, they are still  trading stating that they will provide bank guarantees some 4 years later! If only we knew then what we know now... 

Thread: Don't buy off plan without one

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02 Nov 2006 9:01 PM:

Yes good luck. We put our first deposit on our new home in El Carmoli in February 2002 and were promised completion within 10 months, after completing all the necessary checks on the builder and contract etc.   Some 18 months later, the house was not even started, so we tried to wirthdraw, but the builder would not provide any refund (we had paid 50%)

After much ado, no permissions to build etc, the house was finally completed 12 months ago (September 2005) but the builder has yet to apply for a habitacion licence, which we understand can take months to be approved.

Problem is with us, he has not built according to the original plans, so we are not going to complete until the licence is granted. I've heard all sorts of stories about whether or not you should complete without, and still not entirely clear on the matter. Are there not any English solicitors operating in Spain, who know how to manage this and can provide sound advice?

Thread: Return of deposit

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02 Nov 2006 8:43 PM:

Thanks for that. So it might well be another 6 months before completion if we wait for the habitation licence?  That will make it going on 5.5 years! To wiat or not to wait, what a dilemna...

Thread: Is a 5 year wait a record or the norm?

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31 Oct 2006 5:34 PM:

Nice to hear that someone has a reasonably good building promoter - did you receive the habitation licence at the same time as completion?
Thread: Is a 5 year wait a record or the norm?

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28 Oct 2006 12:00 AM:


We put our first deposit on our new home in El Carmoli in February 2002 and were promised completion within 10 months, after completing all the necessary checks on the builder and contract etc.   Some 18 months later, the house was not even started...

The house was finally completed 12 months ago (September 2005) but the builder has yet to apply for a habitacion licence, which we understand can take months to be approved.

So it looks like we will be waiting for a few months yet before our retirement home is finally ready, and my question is:-

Is a 5 year wait a record or is it just the norm?






Thread: Is a 5 year wait a record or the norm?

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