26 Sep 2007 5:55 PM:

i have had a bungalow reserved at mm2 since the first release and have pretty much had enough now. my spanish solicitor informs me that polaris stil haven't got final approval for construction but they hope to have so in three months time. well! how many times i'm i going to here this!! even if they do it will be at least towards the end of 2009 before there is any hope of completion. for those of you that have bank guarantees you probably are not aware that it will take 9 to 12 months(thats spanish months!) to go through the legal battle. i wasn't until i asked my solicitor to get my money back. if you decide to trust polaris with there new forcast but in a year still no movement then it will still take another year to get your money back.

you would think that seeing as this mess was all caused by polaris and the fact that they have been selling plots with no building consent that they would spare you the process of legal action! i did.... but was wrong!

however they were kind enough to allow me to switch my detached villa from mm2 to a attached apartment on one of two other developments that had already completed. these being in locations that i do not  want and seems neither do many others and iwould have to pay the new price now and not the price i reserved about 3 years ago with 80k of my money.

i know investments are always a risk, and this is a big one! think i've lost enough already!

Community thread: Anyone got any news on MM2?

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19 Jun 2007 5:23 PM:

i have just returned from spain. mm2 is way behind. there is evidence of some leveling of groundwork and a trench partly excivated for services but that is it! there are no workmen or building machinery or even materials onsite. i was told by the sales rep in the office at mm 2 that it will be at least another 2 years before completion. when i consider that i was told initially the completion would be dec 06 , and the lack of movement right now i do not believe for a second that mm2 will be finished in two years time. while i was there i asked for a current availabilty of properties on mm2 and it seems that there are many still available. when you consider this it would make good bissness sense for plaris to stall on beginning the building phase ,after all they are only contract bound to complete within 18 months when they have begun actual building work to your property. all in all i am feeling alot cheated by polaris at the moment, tas i'm sure many others are to.

Community thread: Anyone got any news on MM2?

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