03 Jul 2007 9:01 PM:

Hello All

Just to let you all know that I received my deposit plus compensation from Arenal on 15th June as promised.  The money was paid into my Spanish Bank account (Banco Halifax)  with no problems, and I have since transfered some of it back to my account in England.  The transfered funds only took an impressive 1 day to arrive into my account over here. 

Sorry about the delay with the update but hope this news gives others waiting for the reimbursement of their deposit some hope.  Hang in there.  I'm sure you will get your money back soon.  

Good Luck

Carol

 

Community thread: jimena latest

--------------------------------------

08 May 2007 5:50 PM:

Hi Folks

Just to keep you all updated on the progress concerning my apartment that never was. 

I do not know what problems others have had re. breaking of promises concerning their compensation but  I have the following news;  The following took place early last month.

1.  The contract was terminated due to Arenal's breach of contract  ie.  non delivery of said apartment.

2.  Promissory note was collected by my solicitors for the agreed amount (deposit plus compensation, including loss of interest, fees etc.)

3. Promissory note has been deposited into my bank account to be converted  by the bank on agreed date 15th  June.

I'm on the home stretch.  Things are looking very good indeed   :-)

Carol

This message was last edited by rapper_mc on 5/8/2007.

This message was last edited by rapper_mc on 5/8/2007.
Community thread: jimena latest

--------------------------------------

19 Mar 2007 2:43 PM:

Dear All

Just received an email from my solicitors who have informed me that they have now reached an amicable agreement with Arenal, whom they have been in negociation with,  in respect of my loss of apartment.  I am to receive reimbursement of my full deposit (20% - fortunately they have only had this money for less than a year) plus compensation and have been given a definite date in early June.  Arenal have made out the promissory note for the agreed amount in my name and it awaits collection.  My solicitors will be handling the whole matter on my behalf and will be taking possession of the note before signing the termination contract.   By the way, I was offered an apartment in Block 1 but turned it down as I felt it was inferior in size and location compared to my original apartment which was 3 bed,  front facing,  ground floor, end of Block 3.

Thanks to my solicitors I have got out of this whole sorry mess unscathed.  Somehow they have managed to get Arenal to stump up the figure they demanded within a shorter time frame.   I cannot thank them enough.   

Regards

Carol

 

This message was last edited by rapper_mc on 3/19/2007.
Community thread: jimena latest

--------------------------------------

20 Feb 2007 11:49 AM:

Hello

My solicitors are currently in friendly negotiation with Arenal and things are appearing very hopeful that an agreement can be agreed re. shorter time frame for refund plus compensation.  They have come back with  a revised date but this too is being rejected.   The good thing is that Arenal are in contact with my solicitor and are co-operating in trying to resolve this matter.

Carol

Community thread: jimena latest

--------------------------------------

14 Feb 2007 5:28 PM:

Hi all

I was contacted via phone 2 weeks ago by a representative of Arenal who notified me that Arenal had decided to refund me all of my money because the sale of my apartment (Block 3 ground floor - 3 bed) was unable to progress to completion due to a problem with the Town Hall not granting the full licence.     I have agreed to be fully re-imbursed and the matter is now in the hands of my solicitors who promptly confirmed the next morning that the sale could not be completed due to a problem with Block 3.    Highly disappointed but I am already looking elsewhere in Spain to purchase and am planning viewing trip.   I must say that I am surprised that you were all still unaware of this latest development.

Carol   

This message was last edited by rapper_mc on 2/14/2007.
Community thread: jimena latest

--------------------------------------