14 Jul 2007 11:43 AM:

I have just returned from spain and visited the site yet again - Phase 1 - 4 blocks are all contracted to be completed by the end of July - so they are concentrating on these - however it is unlikely that ownership will tAKEPLACE BECAUSE THERE WILL BE NO NOTAIRIES OPEN IN AUGUST 

The amount of work completed since May , my last visit is very encouraging - the pool is now in situ -in very early stages -  the perimeter wall , entrance arch postboxes- carpark are all complete - we were also able to gain access to our apartment - but as we are  on the pool side the only down side was the entrance path still has to be completed - our garden area and apartment were complete - but for the shower in the bathroom

Excellent progress has been made and once complete the development will look very attractive - i have photos to download - so check again in a couple of days for the update pictures - look forward to meeting you all when complete

christine

This message was last edited by arco17 on 7/16/2007.
Community thread: Delays on Arco Mediterraneo Torrevieja

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22 Jun 2007 5:29 PM:

We received a phone call fromn our spanish agent - advising that the builder had arranged a mortgage for us with Bank Caja - we advised that we had not been told that the proeprty was ready and the agent ADVISED THAT MORTGAGES ARE NOT NORMALLY SET Until NEAR COMPLETION DATE -  we do not want a mortgage  

 

I am in spain next week and will agan visit the site and will update everybody when I get back -  my understanding is that if the builder defaults on the contract - then any mnies paid can be reclaimed - disappointing I know - but there are  many re sales property available

 

our property is on phase 1 block 2 and has a contract completion date of April/May - the builder is contracted to complete 2 months earlier or 2 months later -  when I last visited the site the sale person said the proeprty would be completed - but not necessarily the surrounding gardens or pool

 

I will let you know more later 

Community thread: Delays on Arco Mediterraneo Torrevieja

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31 May 2007 4:01 PM:

I visited the site between May 16-23 and there was some work being carried on out on Phase 1 - the perimiter walls are being built , but there was very little progress to the site as a whole and although we have been told July for completion of our property on phase 1 - 2 months behind schedule - it has to be completed by July or the builder has to reimburse monies due to default of contratcs

 

we have however been told that there is little chance of the poola rea being finished before September - when you see the site iot seems a long way of compeltion

Community thread: Delays on Arco Mediterraneo Torrevieja

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02 May 2007 4:37 PM:

I understand that - windows were being installed last week and I have just been advised that our property is now expected to be completed mid July

but hopefully we can all sleep more soundly -  thanks to everyone who has been able to kepp us uptodate

 

Community thread: Delays on Arco Mediterraneo Torrevieja

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19 Apr 2007 2:36 PM:

lets all keep our fingers crossed that this happens , my business partner is also visiting the area next week . so will also pop up to the site to see if there are any developments 
Community thread: Delays on Arco Mediterraneo Torrevieja

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