30 Jan 2007 9:54 PM:

We have received all our funds back due to breach of contract...........................back to the drawing board.

According to a number of agents Coto Real may be a building site for 3-4 years ,

 

Caveat emptor

Community thread: Sorry another question

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15 Sep 2006 8:26 PM:

We have an adviser on the ground and he suggested that the habitation licence will not be granted until all 1st phase is complete. This includes swimming pools and gardens, as such these are still outstanding and in addition the interiors of a number of blocks are behind schedule.October is somewhat optimistic according to our adviser.

 

Community thread: Sorry another question

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14 Sep 2006 7:26 PM:

Thanks for the messages Jerry and Pat

Any legal action will cost money ,however a serious breach of contract has occurred. The note suggested that the developers had a water tight case....what may that be

Interested in comments

Community thread: Sorry another question

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12 Sep 2006 12:00 AM:

Hi to all

We purchased in Naxos and were due to complete in December 2005, 8 months on and we have no notification of completion. We have engaged our lawyers in Spain and are issuing a lawsuit against the developer. We would be interested in anyone else who is in a similar position. The legal action may take upto 6 months,however we have been advised that there is a serious breach of contract.

Please feel free to add info on your plight

 

Sandy

Community thread: Sorry another question

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