Costaluzlawyers sponsored garden designer, Maria Luisa Medina winning in Malvern

any one else buying into this development from orcrosa??

Hi we have deposit down through medsea/ocrossa. just returned from caslell de ferro not looking good work stopped

Hi 2er, yes, we got the information only this week from lawyer that work has stopped (probably some time ago) due to some question over whether the permission(s) to build are in order. At the moment the matter is in the court with the developer submitting the paperwork. According to our lawyer both the Town Hall and developer are under scrutiny on this.

We got this news yesterday so are debating our next move. We have been chasing the developer for some time for information but got nowhere for last months.

I am curious to know What stage the construction is in ?? I anticipate that we are in for a long haul on this,

my email is  "GTBgardner @ aol com" if you want to contact me direct (ignore spaces - this forum wont allow links unless I have posted 10 time)

Hi Gardener

Just wondered if you got my E Mail.

Hi we are in the same boat, having paid our deposit on one of these houses about three years ago. Our lawyer has just informed us that the developer has entered into bankruptcy (Concurso de Acreedores) and he is about to present a writ to the administrators. All very frustrating. We've been out there a couple of times in recent months worked stopped ages ago, despite Medsea assuring us that all was well and sending us supposed pictures of our plot nearing completion. However we know where in the development our plot is located and it's quite clear when we go out there that they haven't even started work at that end. Any other info would be much appreciated.

Bank refusing to honour on bank guarantee so looks like we are going to take legal action.

Has anyone else had other news or recommended actions on this

La situacion de la sociedad es la siguiente:

- Esta en concurso de acreedores, figura jurídica similar a la suspensión de pagos, cuyo proceso se lleva en el Juzgado Mercantil de Granada. La administración de la empresa es llevada ahora por este Juzgado.

-El período de entrega de las vivienda ya ha finalizado, por lo que se pueden reclamar las garantías (avales bancarios), primero al banco y, como remitirán a la situación concursal, habrá que reclamar las garantías en el Juzgado.

Posiblemente las viviendas no se terminen, por lo que aconsejo buscar un buen abogado y reclamar la ejecución de los avales bancarios.

La situacion de la sociedad es la siguiente:

- Esta en concurso de acreedores, figura jurídica similar a la suspensión de pagos, cuyo proceso se lleva en el Juzgado Mercantil de Granada. La administración de la empresa es llevada ahora por este Juzgado.

-El período de entrega de las vivienda ya ha finalizado, por lo que se pueden reclamar las garantías (avales bancarios), primero al banco y, como remitirán a la situación concursal, habrá que reclamar las garantías en el Juzgado.

Posiblemente las viviendas no se terminen, por lo que aconsejo buscar un buen abogado y reclamar la ejecución de los avales bancarios.

If you can answer yes to any of the following questions we could guarantee you your money back..!

1.    Is your property not finished and almost at, or passed, the contracted completion date?

2.    Has the bank or insurance company refused to pay out on the guarantee for any reason?

3.    Were you never given a bank or insurance guarantee?

4.    Have you got a guarantee but the estate agent or developer has gone bankrupt?

5.    Are you getting advice from a lawyer who was originally recommended by the estate agent or developer?

If your answer is YES to any of the above questions then please visit:europeanadvisoryservice.info for information on how you can get your money back. Alternatively you can post a question to a lawyer from the site free of charge.