Bank Has Legally Taken Ownership of unsold Apartments

In case of interest to anyone, the bank has finally completed the reposession of the remaining apartments from Rushcliffe (who owned it via a subsiduary Jardines de Montemar S.L.

Hi guys, 

I have just paid a deposit on one of the ground floor appartments facing the main pool.

I've read all the posts on here, and it sounds like the "original" owners have had a tough time of it. I went thru the same pain buying a propery in Sharm, Egypt, so can sympathise there.

Whats the lateest news, and is this the only forum we have, or is there anything on facebook etc ?

Jim Cooper

Hi Jim

Once any owner legally completes, they will get full access to the community email group and new website and the current owners/officials will be happy to answer any questions etc.  However coming out of our various ongoing disputes with the bank, we have been told by the bank they do not wish us to engage with any potential owners, therefore I am unable to answer anything specific until you complete, the bank has all the relevant information you may need and should share that with you.

I can say the current owners have been managing the complex successfully since 2008 and will continue to do so regardless of the bank, we will happily welcome new owners once they resolve the legal issues and can complete.

Regards

Funluvin

Hi Jim

We have now updated our website to make more of it public, given that we are told there are a fair few sales in the pipeline. Hope it helps with some information, we can answer via that specific community queries so do feel free to contact us.

Regards

Funluvin

http://jardinesdemontemar.wordpress.com/