17 Oct 2006 4:19 PM:

Aug 31 2006
Sands Beech Club Costa Teguise -
DONT BUY!!!!!!!!!!! PROPERTIES USED TO ACCOMODATED HOLIDAY MAKERS WHO
PURCHASED POINTS, THEY HAD YEARLY MAINTENANCE CHARGES WHICH WERE ABOVE THE COST OF BOOKING A HOLIDAY WITH TOUR OPPERATORS, THESE CHARGES ALSO WERE INCREASED EVERY YEAR BY SUBSTANTIAL AMOUNTS. PUTTING PRESSURE ON OWNERS TO SELL OR GIVE UP. ALSO PROPERTIES FOR SALE THERE NOW ARE EITHER SOLD WITH A MAINTENANCE AGREEMENT, WHICH IS NOT FIXED,AGAIN WITH THE POSSIBILITY OF PRESSURISING OWNERS TO AGAIN GIVE UP, OR YOU CAN BUY MAINTENANCE FREE, IF THIS IS THE CASE HOW ARE THE EXTERIOR AREAS IE, GARDENS, PATHS POOL AREAS, ALSO THE INSECT INFESTATIONS AND THE SEWERAGE PROBLEMS ETC GOING TO BE MANAGED?  THIS WILL BE MANAGED UNTILL THEIR NEXT PHASE IS SOLD, THEN YOUR ON YOUR OWN.  IF YOU HAVE PAID A DEPOSIT, STOP THERE. UNLESS OF COURSE YOU CAN AFFORD TO LOSE TENS OF THOUSANDS.    - : IVC/SANDS BEECH CLUB/SCAM
Community thread: Water/Electricity Connection Charges

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17 Oct 2006 12:00 AM:

 

Just ensure that you have concrete proof that

1 - your maintenance charge will never increase and if so it is in line with the banks base rate.

2 - Have confirmation that all outside areas will be maintained and any parties not willing to contribute to their upkeep will not affect continued maintenance of the whole  development.

If you can have this information verified by a Solicitor then go ahead,

I ask because I know that the maintenance charge will be increased year, you have been told.

Community thread: Marina dor Costa caribe 2

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