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15 Feb 2009 9:49 AM:

 

TVJ, I thought the Mayor had voted several time over the last two years, each time against the project!!  Although I do agree the council should shoulder a large chunk of the repsonsibility for allowing the sale of the properties in the first place.

I say above that I'm not blaming TH for the world's economic crisis, but they are responsible for selling us a property that they didn't have the relevant permissions to build and the delay THEY CAUSED has covered this downturn.  If they had deliverd on time then I accept I'd be sitting on a paper loss due to the drop in proprty values, I didn't include this in the suggested discount :-), but at least I'd have something I and my family could enjoy.

I didn't open a Spanish bank account to cover the costs because I intended using equity in other property to pay for it, you can imagine my anger if I'd have been paying for a loan all this time on top of everything else!!

Like you I'd love nothing more that for TH to be built and for us all to be out there enjoying the golf and the sun, unfortunatley I've lost all faith in them as an orginisation to deliver.  For that reason and that reason alone I felt I had no option but to involve a lawyer, although I'm not sure where this will lead me.

 

 



Community thread: 8.5 % reduction

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13 Feb 2009 7:16 PM:

I find the cheek of Trampolin unbelievable with this 'offer' of 8.5% discount after all the deceit over planning permission.

For a start the Spanish property market has dropped about 20% in the year since Phase One should have been handed over to us.  So if they were putting them on the market now, like they should have done then the prices would be much lower than we signed up to. I.e. my 105,000 appartment would be going for around 85,000 euros.

But look at what this delay has really cost us if, like a lot of people on here, you earn in £'s. (much as I'd like to I'm not blaming Trampolin for the current state of the economy but at the end of the day their incompetence has caused the delay)

  • Nov 07 Euro: Pound 1.42
  • Feb 09 Euro: Pound 1.10

I 'bought' an apartment in March 06 and paid 31,000 euro deposit leaving 74,000 to be paid.

  • Nov 07 remaining to pay £52,000
  • Feb 09 remaining to pay £67,000

This is a 29% increase in cost  in real terms.  Add to this the £1200 that renting similar will have cost me and I'm well over 30% out of pocket if I proceed - not to mention the fact the property isn't worth anything like as much.  If Trampolin offer a 35% reduction then I might be interested!!

I'm already with a lawyer, who is looking after many cases, and took Tramplin to court a couple of weeks back.  From what I'm led to believe we had all Trampolin and Solero El Trampolin assets provisionaly seized, I've no idea what this means in real terms.

 



Community thread: 8.5 % reduction

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25 Oct 2006 12:51 PM:

Micky G have you had any success in getting your money back yet? We are thinking of going down the same route.
Community thread: Buying in El Galan

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07 Sep 2006 11:48 AM:

We have bougt an apartment at Trampolin Hills, but recently have been very worried as we have been informed that they have not got a building licence nor have they got a water licence. Also because of this many property agents will not advertise Trampolin. We have been trying to contact our property agent and Trampolin to no avail. Has anyone else got any further information with regard to the current situation.

Cheers.

Ann&Jim


Community thread: Buying in El Galan

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