jean

Hi there

I was in contact with Keymare today and they have now told me that Phase 1 is now due to complete in July !!

Also to let you know that I have a 2 bed, 2 bath ground floor apartment for sale in Phase 1 too - contact me if you would like further details.

Sue

Did they give a reason?  This seems to be moving back and back? I have flights booked for the month of August as thought it was all pretty much on target for May - may be looking for a rental!!!!

We are also booked for the end of May for two weeks as we had originally hoped to be in but realised a while ago it would not be ready so we were going to rent with the view that it might be handy to have somewhere to go to ease the moving in i.e. sorting the lights, shower etc.  Will be very disappointed to have to rent for August, not only the cost but looking forward to moving in - fingers crossed this will be the last delay.

My father is co-ordinating ours so I think he will make contact with Medsea our agent sometime soon.

Rgds

we to are on phase 1 -following this new information we contacted Key Mare- awaiting response! for what its worth we also contacted MRI who still are saying May 2007 for phase1?

We are going out 1st week in Feb so we should get a better idea then.

Jeff

We've just got back from a long weekend and managed to get into the site on Saturday when it was a public holiday.

I'm hoping to get the pics posted later today but we're buying on Phase 1 and have been told that completion will be in May. However, my photos taken at the top end of the development show some of the apartments being far from finished. A July completion wouldn't surprise me.

I've emailed Key Mare and am waiting for a reply.

On a more positive note, the weather was 18 degrees every day!

Gareth

Hi all- just recieved a response from Key Mare stating 'cannot tell you when completion will be there is a delay and we will tell you as soon as possible'!

Don't know how to take that but it does not look good if the developer does not know when completion will be?

jeff

Hi, I have also just been told by Key Mare that they do not know how long the delay will be, i agree this is quite worrying when a month ago they told me May was the completion date.

I dont know how there can suddenly be a four month delay, unless they never planned to have it ready for March/April!

I dont know what everyone else thinks!

Regards Stuart

I have now heard from Keymare and they have told me the end of June for completion - which is when we haved booked our flights !!  They did end their answer with 'this is not definitive and there still could be delays'  So we could still be looking for a rental !!  Will post any further news if we have some, and also going out 1st Feb for a few days.

Regards

Sue

We too are anxious about the completion date moving back again.  When purchasing the property we spoke to a few people and they all advised how good Keymare were at completing on time (or thereabouts).  I suppose all their developments had to catch up with them at some time.  As long as it doesn't mean we are waiting another 12 months.

On a (brighter?) note, I think we are protected to some extent as I believe there is a clause in the contract which states if completion is delayed by a certain timescale then we get compensation?   

Its just frustrating that we've waited nearly 2 years and now hear that we've got a further 6 months, then when we're checking our properties/snagging lists won't get looked at due to the Spanish summer holidays!

Let me know if you find the clause in the contract about compensation, I would be really interested to know this.

Many thanks

Sue

Hi all

I was told by my solicitor that there is a clause that gives the builders 4 months grace to complete which considering my contract clearly states March completion gives them until the end of July to finnish, at this point compensation kicks in for lost revenue on rentals etc.

I dont think they would want this to happen for 500+ properties!

Regards Stuart.

I've just had confirmation from Medsea that completion of Phase 1 will not be until July.

I've asked them to clarify the situation with regards to compensation if the build is 4 months late; I agree they'll have to pull all the stops out to make sure it doesn't run any later.

Hi All

Also bought on Phase 1 through Medsea. Contacted them yesterday and they have told me July for completion. Very frustrating as when I went out last July ,Key mare told me it would be March. It gets all very difficult when you can't arrange flights etc. Still could be worse, could have bought on Almanzora Country Club!!!!!

Hi all- Yesterday I requested my solicitor to get confirmation from the developer regards completion, she has replied that the developer has confirmed the first licenses of occupation will be issued end of May/early June- this is reliant on the Town hall performing? Having checked our contract the compensation entitlement which comes in 18months after commencement ie end July07 only amounts to the monies we have paid plus interest- if we terminate the contract!

Do others have different contracts?

Jeff

Hi there

Somebody is not telling the truth here !!!  Keymare's response to me was the end of June but not definitive as there could be further unknown delays !

Sue