17 Nov 2009 7:43 PM:
Hi all,
As I sent the email out to Village purchasers about Taylor Woodrow I will explain it further and update.
It was in the newspapers about the construction company Valle Romano were using for the Village going into liquidation. I have found out today that they have now found a new construction company. I have also heard that the golf course will not be ready to open until next year, instead of this month.
The Taylor Woodrow offer I mailed about was not a part buy scheme but a chance to swap your Village property for a completed apartment, within an established and successful golf resort. Taylor Woodrow will take your existing Village deposit as part-payment but are happy to wait for it, as it may take some time to get it back by your bank guarantee being exercised.
The apartments are not offering exactly the same as The Village (not Tourist apartments and not furnished) but they are in a far better location and rent out way better than the ones at Valle Romano will as they're much better situated. I own at Los Arqueros and will vouch for the quality of the apartments and resort.
This offer is for people that want an apartment that they can start using and renting now. It's a chance to get more for your money, with penthouses available at 215000€.
If people want to stick with Valle Romano fair enough and good luck to them, I'm not trying to force this on anyone. I just wonder what The Village is going to be like when nearly everybody pulls out and millions of euros have to be paid back in returned deposits.
Community thread:
Anyone considering pulling out?
--------------------------------------