Hi People,
Having imformed Parador that I will be coming over later this month to furnish my apartment, I asked about the voucher which I was promised and bartered for if I took out the aftercare package . Only to find out that we will not be getting any furniture because the rest of Parador had gone into administration and we were sent an email to ask us to phone a london number to put in our claim. Of which I think it will be a waste of time, but we will at least try to gey our money back on the credit card.
But here is part of the email that was sent to me yesterday:
regards to your voucher, unfortunately I have to advise you that,
following a severe downturn in the demand for overseas property Parador
Properties appointed an administrator in August 2008. The gift which the
Parador salesman promised will therefore not be available to you (but see
below).
The original Parador Properties website www.paradorproperties.com
<
http://www.paradorproperties.com/> for a while contained a notice which
explained the position relating to Parador’s financial position and any
payments which the company was being asked to make or may have been liable
to pay. The administrator’s notice and details are as follows:
Parador Properties Ltd., and its subsidiary Homelake Properties Ltd., went
into Administration on 8th August 2008. Customers’ contracts with Builders,
Developers or Resale Vendors are unaffected.
If you believe that you are a Creditor of Parador Properties Ltd., (this may
include offers of cash-back, furniture and kitchen appliances and other
Trade debts) please contact the Joint Administrators on telephone number 020
7002 8838 or fax details of your claim to 020 7002 8891 or write to:
Parador Properties Limited (In Administration)
C/o Baker Tilly Restructuring and Recovery LLP,
5 Old Bailey
London
EC4M 7AF
I am truly sorry about the situation which has arisen but I am afraid that I
can do no more than provide you with the above information as far as the
payment of the "gift" which the Parador Properties salesman offered to you.
Parador in Spain will operate outside the Parador Properties company
structure in whatever format evolves over the next few weeks but is unable
to take on any previous Parador liabilities.
However, in an endeavour to mitigate the situation, we have discussed and
agreed a deal with Torregrosa, a furniture store adjacent to our office in
Torrevieja to whom we have introduced many hundreds of clients over the past
few years.
They are, in certain circumstances like yourselves where Parador is unable
to honour its financial commitments, prepared to offer you discounts against
purchases you make in the store. The discount will depend on the items
purchased but, in principle they will deduct 10% from furniture or furniture
pack (other than sale items).
The Torregrosa website is www.torregrosahome.com
<
http://www.torregrosahome.com/> although the best way is to visit the three
floors to see their range which covers everything you might require. We will
assist when you are in Spain and meet you for your completion.
We will need to confirm the offer of discounts to the suppliers concerned so
please let me know if you wish to take up the offers.
Kind regards
Paul Roach
Parador Spain
Tel: 0034 96 572 2300