Update from Corvera 02/12/08

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03 Dec 2008 12:00 AM by Tracey Wood Star rating in Hampshire/ Phase 1 &.... 5 forum posts Send private message

 

Hi Everyone,

I received this e-mail from Corvera yesterday,after a telephone conversation I had - and asked to have it in writing by e-mail,which gives a little bit of assurance, Pablo also assures me  that 'Calendonia' as a group have no financial worries, and no bank loans - and that everything is progressing well.They have sold 1200 of the 1800 planned and this is quite normal as they do tend to sell the remainder on completion. I have removed the first part of the e-mail for personal reasons. I hope this eases some worries that we have........

 

As I've told on the phone everything goes according to the plan. The construction of phases 1 & 2 is coming along nicely and quickly. As you know the golf course was started a while ago and it's all coming into place. The golf course will be seeded soon and will then need several months for maturing before it can be playable. We estimate this will happen at the end of 2009.

Along with the first completions

With the opening of the golf course we will open a fantastic clubhouse with the usual installations like a golf store, changing rooms, a quality restaurant and a bar with large terraces which will be big enough for all the house owners for the first phases. As well there will be a practice area available with the latest technology in golf. Together with the opening of the club house we will open as well a convenience shop where you will be able to buy your basic need products. We will open more restaurants, bars and shops progressively with the time.

(approx. April/May 2009) we will have already the following sport installations available: padel-tennis courts, tennis courts and sports fields. Remember that with the apartments there will be communal swimming pools and gardens as well.

 

Many thanks for your understanding in this matter and sorry for any inconvenience caused.

Best regards,

 

Pablo Buitrago

Gestor Personal de Cliente / Personal Customer Agent

 

  

 

 

 

 



This message was last edited by Tracey Wood on 12/3/2008.

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03 Dec 2008 7:10 PM by MrUnhappy Star rating. 124 forum posts Send private message

Thankyou very much for the update Tracey.  Whilst I genuinely believe that Pablo is being honest I am concerned that a lot of this is riding on the fact that everyone who has paid a deposit will actually carry on with completion.  Without stating the obvious with regards to the present economic climate, it seems likely that many will not be able to or even opt not to complete.  This would create a vast shortfall in their finances.

PS I'm also a little puzzled about the point on the golf course reaching maturity along with the first completions at the end of 2009?




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04 Dec 2008 12:40 PM by lisa mona Star rating in west midlands. 83 forum posts Send private message

Tracey.

Did you ask Pablo about the hotel with spa, riding stables, medical centre etc. I'm always given roughly the same reply as you but never an answer re: hotel etc.



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04 Dec 2008 1:32 PM by Tracey Wood Star rating in Hampshire/ Phase 1 &.... 5 forum posts Send private message

No Sorry Lisa,

I did not remember to ask about the rest of the facilities -   I think they will come along as things progress - the Hotel/ Spa will be the last to go up as I remember

him saying something along those lines. He did say that everything would be finished for 2012........ 

Mr Unhappy - I think  the confusion was something to do with my poor cut and pasteing !!!   The "along with the first completions" bit should be the start of the the paragraph

that begins with ( approx April/May 2009) sorry for the confusion -!!!



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