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08 Jun 2007 9:10 PM:

my solictor called me today to advise that the developer (whatever they call themselves) have advised that they are at LEAST 2-3 mths away from completing on phase 4 (block 3) and every likelihood of being longer maybe nearer the end of the year.

Apparantly because of the change of ownership all contracts for the electricity , gas etc have to be renegotiated and as with everything in Spain this takes FOREVER.  There was no mention of any timeframe to make my decision. I told her that I was coming over on the 21st and she certainly didnt tell me that would be past any 14 day deadline!

My Lawyer says that I have the following options  (1) to swap to another apartment that is already completed (however, she is not sure what options there are and whether it would cost anymore) or (2) to get my deposit back plus interest. She reckons that this will be only between 2.5-3%. I must say i am interested to see from previous emails that someone got theirs back plus 6%, especially as they are dealing with the same solicitors (lawyers of Spain). Please do let me know the solicitor that handled your case cos I would like to get the same back.

Has anyone decided to wait it out? or have most decided to cut and run?



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