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15 Oct 2008 11:52 AM:

Hi, All,  

The good news is that I went to visit Cortijo in September and all buildings are on their way up.  I am told that there should be a built show apt. on site soon, where you can view all the materials being used.  

My lawyer informs me of the following:-

- That they bought the complex by means of title deed signed on the 19th March 2008 before the Notary public of Madrid Mr. Francisco Javier Vigil de Quiñones Parga under his protocol number 1050.
- That the referred purchase and sale title deed in favour of FM Consulting Turístico S.L. has been duly registered at the land Registry number 2 of Estepona on the 14th April 2008. Therefore the owner of the property that you are buying is now FM Consulting Turístico S.L. instead than Grupo Labaro Inmobiliario S.A.
- The new developer undertakes to complete the property that you are buying.

Apart from this, no contract still has not been received.  We still do not know where we stand, tho having paid the 10% deposit and there is no actual confirmation who is holding the deposit having paid it to Grupo Labaro in the first place. 



Community thread: Sauna Wanted

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02 Jul 2008 3:24 PM:

Cortijo del Mar

Hi, yes.  Good to hear from somebody .........

Have you heard what the status is with the new Developer?  As far as I am aware, no new Contract has been received from FM Consulting.  

The last I heard from FM was that Completion would be October 2009, not 4th quarter of 2008 what they are advertising.

Looks like we are at a loss with the proposed purchase price!!





Community thread: Sauna Wanted

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