05 Sep 2008 6:28 PM:

Just to let evryone know, myself and Grant went down to Peninsula in Marbella 2 weeks ago and spoke to a lady called Sharon Hitchcock re El Balcon De Alcaucin. She spent an hour and a half with us trying to answer our questions. She told us they were trying to arrange a meeting with the builders re the delay, i have just called her now to see how the meeting went and she informed me that they have not responded to her request. She has now said that she will email me the developers solicitors email etc and that she feels maybe if the buyers contact them re the delay that we might get a better response. I feel that Peninsula are just passing the buck after all they are the promoters and should be doing this and not us, but i think we should give it a try. When i get the details i will post them on the site for everyone.
When we were down at Peninsula we were given a letter from the developer stating in order to compensate us for the delay they will proceed, upon signature of Public Title Deed, to deduct from the final payment any amount of interest incurred by the delay on the amounts of the stage payments made during construction, this letter is dated 14th of January 2008. I am just wondering if anyone else received a letter like this? Also we were never given our bank guarantee as Medsea said they were lost in the post, but we were able to obtain a copy from Peninsula.
In answer to the questions we asked Sharon she said the delay is because of the Alcaucin Town Hall regarding the  road, something to do with the villagers wanting to be able to have access to this road as it is in their town centre so to speak. When we purchased the porperty we were led to believe it would be gated community so maybe this is why there is a delay until they get this sorted with the town hall, but it is all hear say at the moment. We have also visited the site and the developer has pulled everything off site and all that is left are the cranes. We are actually able to see the developement from the house we are renting at the moment and will keep everyone informed as soon as we can see movement, other than that, that is all the information we have been able to get at the moment.

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02 Aug 2008 11:12 AM:

We have also bought in El Balcon De Alcaucin, and are currently renting a house over here until completion. We bought through Medsea and have had no communication from them at all, unless we call them.
We can actually see the property from our rented house and have been here for over 5 weeks, there has been no work done on them at all, also there are only two blocks up at the moment, which are only shells.
We have heard conflicting information from some mof the locals here, saying there is a problem with the road and others say there is subsidence due to a stream running below. We have also not received our bank guarantees from the builders. Please can anyone share with us any information they have regarding the situation and if we can pull out.


Community thread: Christmas quiz - ho ho ho

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