La isla update

Hi
 have just returned from condado and i was impressed with the progress
 of the island. The lake has been dug out and most of the red brick work has
 been plastered.We were told completion may/june 09 also 2nd golf course
 to start aug 09.All three pools,gym and chill bar still to go ahead on la isla.
 I think the views will be great from the island and the position on condado
 is also excellent for foro, oasis and club house in the future.
    Pat & Jackie (Dumfries)

Hi Patrick 

very reasurring  to hear that they are so far ahead. i had hoped to get out before xmas but work just gets in the way !!!  I have purchased a ground floor apartment in block 9. would welcome any news re developments.

thanx again 

Ann

Hi

I totally agree with Patrick41, I have just reurned fromt eh Condado and  the progess of the island is well impressive! 
The position of them is so central and when the 1st part is flooded out with the water it is going to look great!
Does anyone know when this is likely to happen?

 

Does anyone have any further confirmation regarding when the 2 courses on Condado will commence build? Also, has Polaris confirmed to anyone when the bar on La Isla will be complete? Will this be in time for when La Isla completes in August 09 time?

Hi Mark

Have you been told by PW that August 09 is when Las Isla is to be completed, we have had no information ourselves, the lack of updates from PW leave a lot to be desired. We are coming out May 1st to have a look for the first time since July 07 so we may get to know a bit more when we get there but won't be holding our breath. I hope that there will be a bar built it seems that ther is a distinct shortage of bars and resturants out there at the moment.

Jane & David

 

Hi Jane,

I have been told that Polaris will be making contact with everyone who has purchased on La Isla over the next month to confirm if all personal details are still correct. The feedback I received from them when I asked I could get my hands on the keys they said the properties should be available for inspection by around August 09.

I expressed my concern over the lack of facilities and they confirmed that the Foro town centre is on track to be complete by around July / August 09. I was told the Foro would consist of a few restaurants and a Irish bar initially. I asked about the snack bar plans on La Isla and was told there were no plans for this to be complete this year. Someone did mention to me that the club house would commence later this year and that there were also plans to commence building an Intercontinental hotel in late 09 / early 10..??

I also asked about the golf course. They told me the Oasis centre has formally been put on hold. They told me the 2 golf courses were to be confirmed. Very mis-leading because to be honest I wouldn't have bought on La Isla if I had known the golf courses are not likely to be built. Whilst I appreciate that the Condado project is vast and the sheer size is very impressive without these 2 other courses in particular then for me the place will mean nothing. I bought here for its uniqueness and potential and the promised facilities.

Have you fixed your final stage payment or are you still subject to the exchange rate volitility?

Hi Mark

My concerns now are if they fail to build these 2 courses what our outlook will be apart from the Lake, like you we bought there for the full  facilities, I think the sheer size of the project warrents the 2 courses.

The Foro is going to be open to everyone so there goes the security side which we also bought into. We have sorted our final payment.

The one positive thing is we have friends who have been out there and they say that the place is looking good and we should be pleased with Las Isla , we are stopping in one of their apartments 1st week end in May so we will see for ourselves as we have had only the photos posted on the forum to go by. I will say that joining the forum has been the best thing we have done and the information we have got from it has been invaluable and it was only through the forum that we met up with Debbie and Paul and they have been great and very helpful.

 

I am not meaning to put a damper on what should be an exciting time but ultimately like everyone else here I have forked out a lot of money and I expect to get what I have paid for. For me it is no good sat having a beer overlooking a mountain and orange groves when I was expecting to be over looking a Jack Nicklaus golf course. I really hope I am proved wrong but I think I have a right to be nervous.

I went to visit Hacienda and I was disgusted in the place to be honest. These is nothing at all for people to do on the resort and it just didn't appear to be of the same standard as La Torre, etc.

I believe that as a group of genuine people who bought on Condado for the facilities that we need to stick together to ensure that Polaris deliver what they originally promised to deliver. No-one clearly wants any bad publicity because it will not do Polaris any good as well as ourselves as owners but we need to be keeping the pressure on to ensure Polaris get this one landed.

I appreciate it is still quite early days on Condado but to be honest the Mazzanno snack bar is an absolute embarrassment to take people to. I hope that Polaris pull out all the stops to ensure the Foro provides a good and varied and more important reasonably priced experience. If the facilities are good and reasonably priced on site then people will use them I am sure. If not then this in turn will reduce what shpuld be a great atmosphere on the resort and people will start to go to Mazzaron.

I realise there is more chance of me playing a round of golf with the great Jack Nicklaus on the opening day of the 1st course at Condado than getting Polaris to commit when work will commence on the other 2 golf courses as well as the main club house and Foro / Oasis facilities. If Polaris don't get this landed asap then in my opinion it is not encouraging anyone to buy.

In these worrying times people want to escape and to get away from all the bad news to a greater place. The longer Polaris leave it to get things kicked off to make Condado into the most enviable place in Europe the worst things will be. I appreciate these things will cost millions to do but just think what money Polaris have already received / and will be receiving over the coming months once La Isla completes. I have been told that 390 out of the 396 apartments have been sold. As a ball park figure Polaris will have an approximate amount of 33million Euros coming there way by around July / August 09. Surely it is in there interests to start to reinvest some of this money in getting the remaining 2 courses complete, etc.

As I say I hope I am proved wrong but for now I will still remain cautious as the communications from Polaris are non-existant and I think I have a right in light of this to be wary.

Regards,

Mark

Hi All

Just had phone call from Polaris World re completion, the have sent a load of forms including NIE form for return ASAP  and told me that completion could be as early as late May to June but she would not comitt to any date, we shall have to wait and see. We have had a good mortgage offer from Bancaja but PW are recommending Banco De Valencia, any body had dealing with them. I am not keen on going through all the document sending again  to not get a decent offer from them.

Any way we are coming over 1st May for 4 days for the first time since July 07 so looking forward to seeing the place and anyone whose off the forum that may be over there.

Cheers

Jane & David.

Hi Jane - My mortgage is with Bancaja and I have not had a single problem with them.  They forward me an info slip every time any transaction happens on my account and the whole mortgage process was very well organised and stress-free.  Would def recommend them.