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There has been no news on this forum for some time. Rumour has it that the developer is cancelling contracts. Has anyone received notification of the cancellation of their purchase contract and an attempt by the developer to retain the entire deposit.  If so have any legal proceedings commenced? Has anyone considered starting a class action against the developer to share in the legal costs? Does anyone know how many apartments have actually been sold? I visited the site last week and it looked completely deserted with 2 blocks right at the entrance gate still uncompleted.

hi everyone,

presumably this is read by everyone involved with the development, including developers and lawyers, so careful what you say.

I've had a debt collection agency phoning me up saying that unless i complete they're going to sue me to get the rest of the money.

despite what you may have been told by your lawyer at time of signing up you can apparently wave goodbye to all your deposit.

the clause about 50% of your deposit is at the developers discretion - i.e. you can whistle for it.

anyone got any ideas?

We no longer use this public forum. Owners now belong to a private forum. And yes, we do know that the developer is suing all of you who have not completed your purchase contracts. There is no reason, legally, for you to have not completed. Time to step up to the plate and honour your obligations please.

Can you PM with the details of the private forum please.........

In order to join the owners forum you must be a fully paid up owner.

Please supply your name and apartment number and email address to me by PM

If you are on the owners list then you will be sent an invitation to join the forum

Dear Andy

I have checked now and you have not yet completed the purchase of the apartment you signed a contract for. The private forum is for those who have completed their purchase, and is by invitation only. Most of the owners have joined the new forum. There are quite a lot of people living here now and many who visit on their holidays.

I think if you contact the developer he may help you get a Spanish mortgage.

best wishes

Thea