A few weeks ago I´ve been visiting the sight.
After that talked to the promoter and had a conversation with the local government and my lawyer. (I´m dutch but speek native spanish which makes it easyer)
It seems to me that after the elections next year may, the project will be continued, probably to be finished somewhere between the end 2007 and june 2008.
I´ll take my chances and want to buy one of the villas. if anyone bought one and feels like selling it because of the problems, please send me a message.