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Playa Golf Ii forum threads
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05 Jul 2007 12:00 AM by JonH Star rating. 2 forum posts Send private message

Like many of you we have purchased a property under the advice and recommendations of Inside Track We found the organisation to be grossly negligent in their responsibilities. The Due Diligence that they claim to have undertaken must have consisted of them talking to a relative who had passed through here on holiday some years ago. The assurances that the property would be easily let and that the overheads would be covered in 15weeks rent have fallen so far short it defies belief. We have also established that similar properties were being sold at the time of our purchase (three years ago) for some 20,000 euros less than our supposedly discounted rate through I.T. that combined with a plethora of start up costs and running costs that we were not made aware of, I am still reeling from how far they have taken me and any other purchasers for a ride.

 

It is also becoming apparent that this was not a one off mistake but is happening repeatedly in other developments in Spain the UK and Florida.

Has anyone who feels similarly tried to take any action against I.T. If so how did you get on?

 

I look forward to your feedback

Jon




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15 Jul 2007 8:31 PM by LesWilcock Star rating in Cheshire. 4 forum posts Send private message

Hi Jon you want to read the article on the Mail on Sunday 27 May 2007 entitled Costa Catastrophe its all about IT. I have a scanned in copy if you want me to email it to you. We did not invest through IT but through Nueva Vida.

Regards

Les

 

 



_______________________
My wife and I invested in an off plan opportunity on Playa Golf II , Cam...


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24 Nov 2007 11:21 PM by normac Star rating. 15 forum posts Send private message

Hi Les

I am new to this forum and read your posting with interest. 3 years ago I agreed to purchase off plan on this development following an Inside Track training weekend and

I really feel I have been let down as the property I put a deposit on at this development has still not been completed.  I really do feel I have been mislead in the potential invrstment.rental opportunity although it was someone from Instant Access Properties based in Spain who sold this to me towards the end of the Inside Track Seminar so I don't know where I stand about litigation in the UK  any guidance you could give me would be appreciated

best wishes

Norma




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