25 Oct 2008 12:00 AM:

Came back from our apt on 19th October.  I thought more work would be started on the hill after August but there was nothing significant throughout September up to when we left.  Started a bit of internet research (googled Aifos) and came across an article by Jack Hetherington on the "this is money" website written in September.  Gist of it is that Aifos is in a bad way - has closed its UK offices and cut its workforce in Spain by two thirds.  Company accounts were due at Companies House in July but have not arrived.  Banks are not lending to them.  Seems like they have a stockpile of completed apartments and are unlikely to build off-plan apartments any time soon.  Looks like the hill will remain as it is for the forseeable future.

Received the debtors report via e-mail.  Quite apart from the individuals who are in debt, that's quite some amount the developers owe!  If they are in the same position as Aifos, it could take a very long time to recover the debt.  Not good news for those of us who faithfully pay!

Community thread: AIFOS IS IN A BAD WAY

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18 Jan 2008 11:42 AM:

Was out the last 2 weekends and the greenery on the hill had got better even in a week.  The fact that the portakabins are still there doesn't bode well for them not coming back. 

Anyone else got problems with their trastero?  The external wall in ours is very wet and it fills up with mud.  Could be they have simply shoved all the earth right up against the garages wall with no retaining wall in place.  It is unusable and I am going to try to get in touch with them to fix it.

Moira (Darren's neighbour)

Community thread: Animal Charity in the Costa del Sol - ADANA

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