09 Jan 2008 5:10 PM:
Hi There
I am Robin from Global Spaces and we are in the process of releasing a recent communication from the developers to the Global Spaces pipeline, the communication updates investors on progress with regards to planning and build timescales. Unfortunatly we are still waiting on confirmation as to who will take over from Llanera, however I am led to believe that this will take place once the recievers have dealt with Llanera's debtors.
As far as the investment is concerned, after carrying out much research into the local market prices at Nature are extremely competative compared to other similar developments with equal facilities. Therefore I would recommend holding out to see what happens as no more funds will be requested until full planning permissions are in place, there is always a degree of risk attached to buying off plan however in my view the potential rewards far outway the risks.
As far as one of the comments on the page with regards to refunds, we have had about half a dozen buyers cancel and nearly all have recieved there deposits already however it is taking up to 4 weeks to process. I have personally met with Emilio Teresa and he is happy to refund deposits as he is confident that he can re-allocate the apartments and villas further down the line at substantialy increased prices.
If anyone would like to drop me a line mt email address is robin.ford@globalspaces.com
Community thread:
Planning permit
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