15 Aug 2007 5:27 PM:
Hi Caine,
We are on a different development to you, but I suggest you have a look on Angel de Miraflores site , Aifos is also our developer.. It took us 41/2 years to reach completion of our apartment, many others on our site have had major problems with Aifos.
Most of the apartments were at least 30% smaller than they should have been.
Some only had one bathroom when they should have had two.
We were charged 900 euros for connection to works supplies of water and electricity until the Licence of First Occupation (LFO) was eventually granted, and we could connect to normal utility supplies. We were nervous about completing without the LFO licence, because without one you're not supposed to Rent or sell your property, and you cannot connect to mains utilities till you have one. We did complete, and the LFO licence is now in place, but it was risky.
There was no Bank Guarantee from Aifos. We were all unaware that we should have been provided with a copy . We bought off plan through Ocean View Properties who should have looked after uswhere the bank guarantee was concerned, we all thought we'd got one.
Aifos used to be called Sofia, ( Aifos backwards) apparently they went bust. One of the major players in Aifos is currently in jail for fraud last time I heard. There are people on our site who are taking Aifos to court. The sickening thing is, there is probably Hundreds of people with court cases against Aifos.
You may be able to glean some information from our site as many people have posted messages.
Thankfully we have completed on our property, we were connected to mains electricity last week, we're still on works water at the moment.. This is 41/2 years since Ocean View Properties told us it would take 13 months!
Kindest Regards ... Stix
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