05 Sep 2007 9:28 AM:

Hi Barry,

Didnt end up getting as far as marbella i'm afraid. However i have spoken with the new developer. he says there are issues between the shareholders but which should not have any baring on us.

Work has been stopped on the apartments due to a number of factors. One being they build more than what they should have and because the underground parking can be seen they are counting that as another floor.

The developer sounded confident that these matters can be resolve. Then again so did the last developer until he went and quit.

If anyone has any additional news, please let me know.

Tala

Community thread: Spanish Mortgages - high set up costs?

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05 Aug 2007 8:42 AM:

Dear Everyone,

i have been trying to get hold of the developments lawyers for weeks now and no word. i have tried manual gonzalez too and no response from him until i recieved an email stating that he has handed in his notice on 10 or 15 th july (he coulnt remember which ) and no longer is part of the development.

A new administrator has been appointed. 

I'm not sure what to think as he had so much faith in it being a good purchase now that he is gone. there must be serious issues 

My personal lawyer hasnt got a glue they are a year behind with any forthcoming information.

i am in spain at the moment and plan on visiting the site and maybe meeting up with this new developer.

 

i will keep you posted on what the outcome is.

 

Tala  

Community thread: Spanish Mortgages - high set up costs?

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