Hi All at Las MIMOSA
We are Barry & Sue from Newcastle.
We are in the process of buying a penthouse in Las Mimosa. We have gone through the process of trying to get our deposit back
since Sept 2007. We were originaly offered 50% refund which we accepted, then we were told the developer could not pay due to
cash flow. We are using a lawyer in Feringurola but things are moving very slow (even more so because of the court situation)
I belive the value of the properties have gone up slightly since deposit paid in 2004 but with the devaluation of the £ against the euro
it increases the price of a penthouse by 20,000 euro.
We have not viewed the development since last year, are there many properties occupied ?
What is the situation with the water supply?
Should the court not instruct the developer to solve the water situation as it must be breach of contract.
Any info or coments about Las Mimosa would be appreciated.
If all concerned got together we would be in a stronger position.
Barry & Sue