27 Aug 2009 12:00 AM:
Like many others on the forum, my husband and I are very disappointed with the general state of play with this development. We have reserved a one-bed apartment in Medina Golf. We visited in July and found that progress has been made but there is still a lot of work to do. The estimated completion of Sept 2009 is unrealistic in our opinion. Builders were on site but there was not much sign of life from anyone else around the whole development. The beautiful Medina 23 complex was deserted and felt like an abandoned ghost town. What a real shame. The clubhouse is open but again, it is like a ghost town. The bar and dining room are not operational yet - obviously because there are no customers!
We are struggling to get communication from Royal Peninsula in answer to our questions about the price of the furniture pack - we are still waiting replies to calls and emails made in July. We have not got our bank guarantee for the money we have paid to Peninsula so far. We have never had a building specification so we have no idea really what's included in the build and what's extra (the air con unit is extra we recently discovered after reading entries on this forum).
We are totally dissatisfied and are extremely concerned that we will be unable to finance the remaining payments and cost of the furniture pack given the current economic climate. The delay in the building completion has seriously affected our financial position and we can't seem to get any info from Peninsula about the way forward. It is also of great concern that the Guaranteed Rental may not be payable immediately as we had been led to believe. In reality this means that we will not be able to make our mortgage repayments as we had factored the 5% payments into our budget. A sorry situation all round unfortunately.
Is anyone in the same position and if so, how are you proceeding? Are you seeking to cancel the contract? If so, on what grounds? Please feel free to email your reply directly to me. Maybe we could work together to resolve the situation?
Regards.
Community thread:
Latest progress at Medina Golf
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