16 Sep 2008 1:19 PM:

Hi Caprice 

I had to pull out due to my father beinmg terminally ill with lung cancer, so I have sort of lost focus on this, and will be trying to get part of my initial reservation fee back. 

Not heard anything, not sure how things are going. 

Have you not heard anything from you agent? 

Regards

V

Community thread: Suzuki LTZ 400 Quad Bike for Sale

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27 May 2008 9:17 AM:

Hi Dean

I was informed about the same thing, and I too have decided to stick with them, speaking spanish has helped as I have been able to deal directly with them, and also have confirmed the bank guarantees with the bank manager and also spoke to the council regarding the planning. 

Currently the planning has been submitted to the committee and it's really a waiting game to see how long they will take to approve the plans. 

But definately the prices have increased on the web, and also there is nothing similar to this anywhere else, especially with the pool per 4 apartments. 

We have also decided to stick with them, mainly due to the price and also because we are not in any hurry to have the apartment, so even if it took another year to gain planning and then 2 years to build I would be quite happy as it means after the initial  deposit we would not need to pay anything else till 5 months before completion. 

Hopefully all will be ok and the apartments will be completed. 

V

Community thread: Marin dor off plan in Tamesna morocco

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14 May 2008 1:53 PM:

Hi

Not heard anything from Mark, not sure what has happened to his site.

 

V

 

Community thread: El Balcon de Moratalla, Caravaca, Murcia

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15 Apr 2008 4:38 PM:

Hi

Update I have is as follows of which I have researched myself.

Bank Guarantee with the CAM bank, for the full amount transfered into the special account. The gurantee covers till completion of construction.

Land, currently what I have been advised is that they have paid 50% of the land and have arranged a date for the remaining payment. I have asked that a clause is added into my Acquisition Contract relating to this and also to planning permission not being granted.

I have not been charged for the guarantee.

So far to date I have been emailed my reservation contract and a template copy of the Acquisition with the clauses which will be signed and agreed 30 days after reservation and transfer of the second payment. (this has changed compared to the original deal).

The Acquisition contract needs to state a completion date of the property which currently stands at 24 months, obviously this is something that can be negotiated within reason aslong as the project doesn't take forever.

So far I have been dealing directly with Bank Managers at the CAM to confirm that the AVAL (Bank Guarantee) will be granted, also independant solicitors, and the promoters, but saying all of this I have received all the information that I requested from the promoter without any issues, including a private contract signed between the developer and the land owners stating the puchase agreement of the land.

I think the key is to ensure the very least the land and the planning is stated as a clause in the contract if not owned or permission granted, the rest is standard.

We all knew there was a slight risk hence the price of these properties, but I have to admit, I have checked everything I possibly can including calling the local council to check the progress of planning permission.

As you may be aware the planning license needs to be approved not only by the council of Moratalla but also by Murcia, this is a long process and worst case scenario could take 2 yrs, but the promoter anticipates this will be approved by the end of the year.

It all depends how long you want to wait for a property, personally I'm not in a hurry.

Hope this helps.

v

 

 

Community thread: Suzuki LTZ 400 Quad Bike for Sale

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14 Apr 2008 3:59 PM:

Hi caprice

I have not placed any deposit yet? 

As far as I am aware I have not been charged for my bank guarantee.

Regards

Vicky

 

Community thread: Moors & Christains Fiesta

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