06 Aug 2011 10:12 PM:
Hi Sandra
The cycle is broken. Corvera can't find the money to build the Clubhouse-they can't even afford to pay the community fees on time - they've cut all services to the minimum - and now things generally are worse. The banks are on the edge and Spain is in difficulties. Why would a teetering banking system put money into tottering resort? All the banks will get is a vast number of housing units which won't sell for years and banks need their liquidity. Banks will only lend when they are sure to get their money and profits.
Until they stopped posting on their website, CorveraGolf were promising the clubhouse every season - it'll be build next [...] (put you month or season of choice between the brackets.) I'd love to see the email from "housing" (of all people) which said that the Clubhouse was going ahead. Why would it be Housing? Why not sales or Corvera's Solicitor?
As for finishing to frighten non completers, it might be a motive BUT they know, and we know they know, that when they asked people to pay up, these facilities weren't there and here we are two years later and there's still been no change. How long do you wait for facilities to be available - what's reasonable? 18 months? 10 years? Some of us are young enough to be dead by then!
Ah! It's all washing a bit thin these days.
Community thread:
'Good News'
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