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Terrazas de la Torre Golf Resort forum threads
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15 Jul 2007 12:00 AM by phughes Star rating. 2 forum posts Send private message

Hi

My wife and I are a little tired of the endless extensions to handover dates and are starting to think over the possibility of selling (or, at least, attempting to) our ground floor front line golf apartment.  Does anybody know whether Polaris are amenable to returning monies invested or is selling privately the only option?   If so, how do you go about this most efficiently?  Help would be much appreciated.

PH




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16 Jul 2007 3:27 PM by stowellp Star rating in Essex. 13 forum posts Send private message

Have a look at your contract, if it is the same as ours (I assume it is),I think it's clause 4 that you'd be interested in. I'm at work so I cannot verify the content but, it says something along the lines of 'if building hasn't been completed from 18 months from the start of construction then you are entitled to a full refund with no penalties'.

The only problem with this is waiting 18 months from the beginning of construction! What exactly 'the beginning of construction' means is open for debate, it may be worth trying to get some clarification from Polaris.

Phil

 

 




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29 Jul 2007 8:54 AM by davey2187 Star rating in Pontefract, La Torre.... 136 forum posts Send private message

My money is back in my account after mutually agreeing a cancellation on Terrazas, it took about 6 weeks

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31 Jul 2007 7:00 PM by dimala Star rating. 11 forum posts Send private message

Hi davey2187,

So many questions to ask!!

Have you managed to get all your money back including fees incurred? What is this saying about the entire project? Do you think it's doomed??.  Now that money is being refunded it would suggest so.




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31 Jul 2007 7:20 PM by davey2187 Star rating in Pontefract, La Torre.... 136 forum posts Send private message

dimala, not at all, my money was refunded as PW could not adapt my property for a disabled person and it was a mutual decision, I own another property on La Torre which is fantastic, and do not hesitate in recommending a purchase to anybody, PW is certainly a fantastic investment as far as I am concerned, I have had 30+ weeks rental booked for this year, buy and enjoy, if you want somewhere to stay in the meantime let me know.  The main thing from me though is that we dont regret for one minute buying

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31 Jul 2007 10:02 PM by dimala Star rating. 11 forum posts Send private message

Thanks for that davey - what a relief. Its good to hear from people already investing successfully with PW, but they dont do themselves any favours by not keeping us informed of progress (or lack of). Have already checked out your place in La Torre on Youtube - it looks great. May well take you up on the rental offer at some stage.

Thanks again




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Previous Threads

Site Clearence has started - 8 posts
Any News - 3 posts
Masa stand by - 4 posts
air conditioning/furniture packages fuengirola - 5 posts
Big discount on Terrazas Apartments! - 16 posts
it's not always doom & gloom - 15 posts
Flight from Doncaster to Alicante - 5 posts

6 posts were found:


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