04 Jul 2008 9:28 AM:

No guarantees! If Aifos went into liquidation they may well take their sister company too?

Until you sign title deeds to a property no one is protected unless you have a bank guarantee or insurance bond, a matter which Aifos appear to have avoided

Community thread: Wanted palletts brought over from the uk once a month

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04 Jul 2008 8:26 AM:

Hi,

We went to view the Bahia de Golf Development about 1 month ago.

The blocks are bascially finished with the exception of furniture but I am told that Aifos have a programme for this.

The build quality is not a very good standard and the units are in the main small and basic.

None of the units are yet occupied and I belive that the development is awaiting a tourism license! I think this is related to the fact that this is an Apart Hotel Development.

Aifos or their sister company are offering to meet the first two years mortgage in exchange for the letting rights. However if you are expecting to use the aprtment when you wish and during summer/peak times I would be sceptical about your chances.

Regards,

johnyboy

Community thread: Wanted palletts brought over from the uk once a month

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31 May 2008 12:00 AM:

HI, I am new to the forum but have been observing the comments made regarding Aifos for some time!

We have an apartment in the Estribo Block which obviously is yet to commence, if ever!

Has anyone had any sucess through Lawbirds in terms of freezing Aifos assets to secure deposits back?

Has anyone been offered alternative apartments in other completed Aifos developments?

Can anyone give me any feedback on the solicitors in general?

Community thread: Polaris world resorts/Do you always need a car?

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