update on Finca parc

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13 Feb 2009 1:46 PM by nerak3010 Star rating in Bracknell/was Finca .... 52 forum posts Send private message

nerak3010´s avatar

Jordy,

 

Do not live in Spain and dont think i ever will be at this rate, dont worry i have a legal brief. I for one have had enough i am not trying to keep anyone sweet. I shall no longer be taking part in these discussions as the info i have been passing on is so out of touch and i keeping people sweet, i thought this was a discussion board not somewhere to shoot people down.

 

Goodbye

 

Karen



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14 Feb 2009 11:10 AM by johnhunter Star rating in Derbyshire. 13 forum posts Send private message

I sometimes read this forum and think that many of you are you just want this development to fail. It seems as soon as someone reports something possitive it is imeadiately rubished. Reading the statement recently published by nerak 3010 it is obviously a new statement due to the dates mentioned and assurances from the developer that what we will recieve will have the correct legal documents unlike the previous development continually mentioned . Plus i am sure none of us would sign and complete without these documents and legal advice .

Certain individuals seem to want to frighten off those people sharing any information that is not negative . What is your problem ? Do you not want this development to complete ? What are you going to say when the day comes and the first people move in ? I am looking forward to this day and I hope you don't all disapear then .

I have a request . Please will Ricman , Nerak and anyone else who has some genuine information please put it on the site and ignor the negative contributions . So those of us who have visited the site and seen the progress can keep the dream alive.

This is what this site is about . A place where we can share all information both positively or negatively and form our own opinions without being disrespectful to others who are making an effort for us all.

John

 

 

 



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John


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14 Feb 2009 11:35 AM by inspectahomespain Star rating in Orihuela Costa, Spai.... 2417 forum posts Send private message

Vip Supporter

John I take all of your comments on board and from my perspective and with experience of what can go wrong I am just keen that people avoid loosing their money as this developer, by not issueing the legally required BG´s and paperwork on other developments, doesn´t have a great track record.

If the developer folded today then, as seen with other developments from Pienas and San Jose people without BG protection will lose their money, this is a fact

If the forum educates people on what to look for then it has done it´s job

It is odd that the people with good news and updates have gone away, people are asking for new on the COH´s completions etc and nothing is coming back from the developer

People are asking about the commercial centre and getting feedback but the developer refuses to commit legally to the completion dates 

You look to be good properties, it is a wonderfull location but without the necessary infrastructure the propertues will be dificult to rent or re sell, especially in the current climate

Finally I actually rely on people completing on properties to make my living in Spain but equally I have to ensure that people are well informed and able to make informed decisions ands I actually hope this development is OK



_______________________
Roy Howitt Independent Property Consultant www.sonrisaproperties.com www.snaggingspain.com WE CAN FIND YOUR DREAM HOME 627 955 748


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14 Feb 2009 3:28 PM by Debs C Star rating. 21 forum posts Send private message

i do not have any thing negative or positive to put on here, only that still there is little support coming from the developer and im worried that the outcome of the development may mean a lot of anguish and financial loss to all clients.

yes some posts do scare me but i feel more informed now than i did a few months back and have now done some thing about my situation.

as mr .Inspector. holmes has put it  - the information here is balanced - maybe not what you want to hear with thousands invested, but at least the full picture is emerging now. I thank nerak, mark, ricnam for their efforts and think ricman should return on here to inform us of how things are on site, as that is where he is and hopefully tell us of the current situation. I understand that he is waiting for his property  also and has as much to lose as we all have. Only facts though, Ricman.

Inspectorholmes you are right in that the developers have a poor track record, you have communicated with them but they refuse to give us the confidence that we seek. You seem very leveled headed and unbiased so please keep up with the valuble information on current Spanish property regulations.

TTFN

 

 




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14 Feb 2009 9:24 PM by julian1066 Star rating. 9 forum posts Send private message

I also agree that this site is very useful for getting information about development of the site.

Ricman's info would have been useful if everything was running smoothly and had been going to plan.

It is important for everyone either negative or positive to continue posting and not get offended by other peoples views.




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22 May 2009 12:56 PM by Debs C Star rating. 21 forum posts Send private message

CLEYTON-GES en http://www.einforma.com GES-CLEYTON in http://www.einforma.com

AVISOS DE RIESGO (Informes y bloques actualizados en las últimas 24 horas) RISK WARNINGS (blocks and updated reports in the last 24 hours)
CLEYTON-GES SL GES CLEYTON-SL
Evaluación de Riesgo Risk Assessment
>> Consultar Informe >> Review Report

Consulte este informe y todas sus actualizaciones durante un año >> Comprar Consulta Ilimitada See this report and all its updates for one year>> Buy See Unlimited
(!) Disminución nivel solvencia (14/03/2009) (!) Decreased solvency level (14/03/2009)
(!) Disminución en la opinión de crédito (14/03/2009) (!) Decrease in the opinion of credit (14/03/2009)
 

we see the risk/solvency report included which must mean the company is going into decreased solvency, so i have used some of the questions posed by other forum byuers in a similar position as my concerns are similar I think: 

I have a fear that our developers have gone into administration, and there surely should be a creditors meeting - I would like to know what form creditirs meeting  takes,can the general public attend or at least those with an interest or a claim? Can only solicitors attend, would it be benefical for me to attend? how is it decided who gets what? does it all take place on one day? and are the results immediate? and if, as creditors, it is decided that we get some of our money back, then how long would we have to wait?

 




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22 May 2009 1:15 PM by inspectahomespain Star rating in Orihuela Costa, Spai.... 2417 forum posts Send private message

Vip Supporter

In Spain if a company goes in administration they have to appoint an administrator and then request claims from creditors which are then registered and this is a very lengthy proces

In Spain adminstration is not bankruptcy, same as US chapter 11 and a company can continue to trade as they file for protection from their debtors and the aim is to sell off or keep the company operating till sold off

It is very easy t check if a company has filed as there is a central register and a lawyer can do this very easily

If you do not have a current BG you are just another non-prefencial creditor

Because it is legal requirement to issue a BG and this should have been managed by your lawyer  there are some people on other developments bringing actions against their lawyers for negligence

Here is information from anothr area on the forum

The creditor´s meeting in Spain is not actually a physical meeting but a judicial meeting: you need to communicate your credit against the company and propose a classification to the judicial administrators. If your credit is not classified correctly by the Administrators, you have got the judicial resort too.

Creditor´s meeting procedures try to maintain the life of the company, are quite flexible interms of deadlines and possibilities of intervention and takes time.

Best,

Maria 



_______________________

 

 


 

Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es



This message was last edited by inspectahomespain on 22/05/2009.

_______________________
Roy Howitt Independent Property Consultant www.sonrisaproperties.com www.snaggingspain.com WE CAN FIND YOUR DREAM HOME 627 955 748


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24 May 2009 9:35 AM by Lilac Star rating. 15 forum posts Send private message

 

Good Morning,  myself and my partner have just returned from Spain after a very stormy flight last night. Didnt see any evidence of an earth quake but we did have numerous violent thunder bolts which were a bit un-nerving !

 We had a site visit on Friday with the work director who explained what the current situation is and why the builder had stopped work.  The story was the same, until the primary certicate for habitation has been issued the works are suspended.  Everything is dependant on the power line being removed, according to the green activists there is a danger to wild life, this seems an absured argument as the power lines were in place years before the start of the building. This seems to be a political rangle between the governing party and the opposition, which ironically were the party that approved the project orginally when they were in power according to Snr Eamon!   A new project as requested by the greenies has been submitted by the electric company to the planning department and this should finally put an end to this delaying tatic by the green party. The gas system and the new water main is already completed and ready to be connected to the houses so this is not an issue at all. 

I bought up the question of the building licenses being revoked for the first houses, we were assured by Snr Emon this is not the case, in his words "at no time during the contruction of the site has there every been a stop put on works, if the works were illegal the guardia and local government would have put the works into suspension."  I did mention that various sources had indicated that this information had come directly from the town hall officials, when he asked me for information of the town hall official that had given these details unfortunately we could only say this had come from a third party !  If anyone actually has the details of the informer perhaps you could forward it to the developer on their info email address so they can investigate the matter further, they are very keen to hear the source of the information.

Also mentioned was the action that some of the clients wanted to take which involves using the euro rep David Milliband, the answer we received was  " The developer and financier of the project would vey much welcome a vist from Mr Milliband, they would appreciate the opportunity to introduce him to the project, have no problem what so ever proving that huge investment has already been made by the promotor and bank which is in the excess of over fifty million euros compared to the very small sum invested by the clients.

Having had a good look for ourselves it is very evident that in deed a large investment has been made by the developer and bank, not only on the first two phases which has completed sections and many more properties in a very advanced stage of construction, but also the advanced stage of the infrastructure of the entire site was pointed out and explained to me.

Whilst on site two couples arrived who are waiting to move into their properties, they are totally frustrated with the situation and also have the added burden of having to rent property nearby, but they were all still committed to moving into their new properties a.s.a.p.

After catching up with previous posts, I didnt see any evidence which would lead me to believe that the developer was in administration, if anything I would say that they are also very frustrated with current situation. The bank also seems to have relaxed a little bit since last year and now offering some good deals to try and help with the economic situation. Looking at the information on the Debs posting, as far as my partner is aware this is a normal situation when a project gets into an advanced stage, the debt normally will start to decrease as and when the properties are paid for by the ownwers/ purchaser. Obvious really !!

Lets hope for everyones sake that all this political nonsence is sorted sooner rather than later, or at least before the Spanish politicians take further lessons from our own corrupt politicians, or maybe Mr Milliband would like to sell a couple of the houses to some of his chums as second, third, or even forth homes !!! 

Alex

 




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24 May 2009 3:57 PM by jordy Star rating. 14 forum posts Send private message

LILAc Said:

I bought up the question of the building licenses being revoked for the first houses, we were assured by Snr Emon this is not the case, in his words "at no time during the contruction of the site has there every been a stop put on works, if the works were illegal the guardia and local government would have put the works into suspension."  

 

 

The work is currently in suspension. Paralized or whatever.

Ive seen the town hall paperwork showing licences annulada or annuled.

If you look back through posts around Nov- Dec, mandy posted a cleytonges statement saing they had appealed the ruling - why appeal unless there is something to appeal?

 

also alot of other problems stopping the go ahead. there are other info sites following this built, plenty of stuff being reportd abut

this built.




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25 May 2009 9:03 AM by Lilac Star rating. 15 forum posts Send private message

 

Hi Jordy,  the work on the site as far as I understood was not suspended because of the building licence issue, but due to the ongoing delay with the issue of the habitation certificate !  Everyone is already aware about the motion to try and revoke the building licenses back in November, but WHY did the judge see NO reason to STOP works at that time ?

There is a much broader picture here that everyone chooses to put to the back of their minds !  I also met with Ricman in a village bar ( they seem to be very well received by the local people ) We managed to have a conversation with a couple of local business owners that are affected by the situation, the bars are now empty where as before they were making good business with the workers and brits visiting the site, self employed companies which have been working on the site for a number of years have now had to lay workers off until the issue is sorted now resulting in some living on the poverty line !  It was very obvious that 90% of the locals are very angry with the politics involved in this, the other 10% mainly over the age of 80 would rather the world stay the same, but that is a normal attitude with the older generation where ever you go !

Its very obvious, ( by the same spelling mistakes and poor writing ) that a few of the posters on here are one of the same using various alias !  Therefore it is very difficult to take anyone serious anymore.

The only suggestion I would make to those of you that are serious about your investment , Go and look and judge for yourselves, its very easy to sit behind a computer and be critical.

Alex




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25 May 2009 10:34 AM by inspectahomespain Star rating in Orihuela Costa, Spai.... 2417 forum posts Send private message

Vip Supporter

Can I please again make what I think is a sensible suggestion and that is that a group get together, em'ploy a good Spanish Lawyer, and get them to investigate the real status of this site and the financial situation

I also agree that across Spain the downturn in the construction industry is a real problem with many migrant workers returning to their countries of origin

Unfortunatley in Spain the feeliongs of the locals do not necessarly have any impact on the decisions of the politcal parties

Yes if you visit the site it is impressive and yes verbally you wil get re-assurances on what is happening however based purely on the evidence of previous statements made I believe that there would be a real benefit in getting a formal legal statement which wouldn´t cost much with fees spread amongst a number of buyers

I can´t quite see the motivation from people having numerous aliases and if this is something that you suspect and you mail Justin he will investigate this for you and take action

 



_______________________
Roy Howitt Independent Property Consultant www.sonrisaproperties.com www.snaggingspain.com WE CAN FIND YOUR DREAM HOME 627 955 748


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25 May 2009 1:30 PM by jordy Star rating. 14 forum posts Send private message

Hi lilic,

Good post - good points. Why did the judge let the work contiunue - dont know, except that the company was expected to appeal, and did. Mainly the issue was the anulada of licences - correctable with the success of obtaining the favourable report from the envirommental department - something to do with 'changing the physical reality by building houses in a L.I.C or P.O.R.N - place of community/envirommental importance' - which you cannot built in.

CG has some time to go to get this fsavourable report - have they got it? Its been over 6 months now, I suggest if they has it then it would be front page news in the local papers. The recent frontpge in the 'ELFARO DE HELIN' from 18 April was a arial view of the FP site with the title' Las Higuericas K.O' with reference to the licences being 'anula'. This was   a local paper. Clearly there are some under 80's that may not want the development also!

I have visited Hellin, Las Minas, Agromon, FP more than once, and recently. I have spoke to the locals too, and drank wine in their bar. As for sitting behind a computer - you seem to be quite capable of posting alot recently, as for aliases - if the cap fits wear it!!

Pot kettle etc.




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25 May 2009 4:07 PM by Lilac Star rating. 15 forum posts Send private message

 

Hi Jordy,

Yes I do have time to sit behind a computer today, enjoying a bank holiday break, which makes a bit of a change for me actually to my normal run of the mill working day. 

Why oh why does this forum always have to turn into negative mud slinging match ?  This really is becoming extreme , very boring and unneccesary.  I most sincerely appologise to all of those I accused of not being able to spell and write, (sadly there seems to be a fair few though), blame it on the standard of poor education in this country, to many spell checkers and calulators makes ones brain unable to work for itself.  Im ashamed to have fallen into the trap and lower my own standards of common decent behaviour to my fellow mankind/womankind.

My name is Alexander  Calil  hence  Lilac which is my nickname,  ( some say due to the strange tinge in my skin at sundown ) you can by all means call me a black kettle if you wish,  I have been subjected to far worse believe me !  My charming partner is Rufus.

I am a genuine purchaser and intend to complete on a Lorena property on the first phase, having opted to move and take the bank offer. Construction of the property/plot that suits us is finsihed and we are hoping to do the legal requirements sooner rather than later !   I am of mixed race, originate from the west midlands area,  not a religious fanatic,   I'm gay,  love my partner and proud of it !  Thankfully I am self employed and choose when and where I work, although with the current environment I do have to be more competitive !  My partner and I intend to eventually retire to Spain, where although corruption is rife ( as in the UK ) and one sunny weekend doth not make a summer, the laid back outdoor life style, fishing, great sporting events, concerts etc etc etc meet with our criteria of what life should be about.   Life is for living not bitching !

Anyone else ready to come out,  to coin an expression !

Alexander Calil and Rufus Dobson

 

 

 

 

 




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25 May 2009 5:56 PM by Toddie Star rating in Nr Elche Alicante Hu.... 107 forum posts Send private message

 

blimey alex are you for real or just a pi-s taker, good post thou worthy of the confidential column in the sunday rag. Watch out for the resident hench mob though they had there sence of humour extracted at birth.  If your serious then good on ya mate youve got balls for sure, ( thats not meant to be a jibe )   oh im digging myself a bigger hole here i can see.



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25 Jun 2009 4:13 PM by Ricman Star rating in Hellin, Castilla La .... 104 forum posts Send private message

Please find below an OFFICIAL STATEMENT FROM CLEYTON GES S.L. which I have received today and have been requested by the MD to post on EOS.

The following statement is to clarify the situation in which CLEYTON GES, S.L. and its clients have found themselves.

CLEYTON GES,S.L. has been in closed door negotiations with CAJA DE AHORROS DEL MEDITERRANEO and Legal Council, trying to find a solution acceptable to all parties. This has been a very long and complicated process of which we have not been allowed to make any public statements as a final solution has yet to be agreed. We are trying to organize another meeting with CAJA DE AHORROS DEL MEDITERRANEO for next week, in which we expect to get a final agreement which will be acceptable to all parties.

Our main concern is that CAJA DE AHORROS DEL MEDITERRANEO complies with its financial obligations with the project LAS HIGUERICAS, and allows that the project continuous with its development.

The decisions made by CAJA DE AHORROS DEL MEDITERRANEO, regarding the further financing of the project LAS HIGUERICAS, have been taken in the context of the general crisis, so they have been conditioned by external factors, of which we had no control or responsibility. Because of this reason we are making CAJA DE AHORROS DEL MEDITERRANEO responsible for the prejudices and losses that have been occasioned to CLEYTON GES, S.L. and its clients, which should not have been produced if the financial partner CAJA DE AHORROS DEL MEDITERRANEO had carried on with its commitments and obligations, according to the philosophy agreed, between both parties.

For knowledge of all parties CLEYTON GES,S.L. has been working tirelessly for a successful outcome but irresponsible and illogical decisions of the bank, as well as the hindrances occasioned by the local political parties in Hellín, between the local government PSOE and the opposition PP, have made progress impossible to achieve.

Our main concern, now more than ever before, is to defend the interests of our clients and give, as soon as possible, an individual solution to every case.

During the next coming week we will report about the meeting with CAJA DE AHORROS DEL MEDITERRANEO and the solution made available to us.

 

CLEYTON GES,S.L.   Thursday 25th June 2009   14.30.pm

 




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26 Jun 2009 10:05 AM by inspectahomespain Star rating in Orihuela Costa, Spai.... 2417 forum posts Send private message

Vip Supporter

I notice that there hasn´t been any responses to this announcement and maybe it is because people are trying to understand what it really means to the project and buyers

I find it odd that they have chosen to make such a statement on a public forum, rather than sending signed documents to buyers directly or via the agents although the statement doesn´t say very much

Again my knowledge comes form working with buyers and developers and providing advice in a difficult time and again today another developer has pulled the plug on Ochando Golf, even though they have built properties, a driving range, and half a course, leaving most fo the buyers, without ay BG´s high and dry  

All I can read into the statement made is that CG are saying that it is  not their fault, it is the fault of CAM for not honouring their financial commitment. The  fault of the local authority for their political infighting but my view is that it remains the responsibility of the developer and in this note they are almost saying that you should be taking your issues to CAM Bank and they are, in this statement trying to shift their responsibilities

Because of this reason we are making CAJA DE AHORROS DEL MEDITERRANEO responsible for the prejudices and losses that have been occasioned to CLEYTON GES, S.L. and its clients, which should not have been produced if the financial partner CAJA DE AHORROS DEL MEDITERRANEO had carried on with its commitments and obligations, according to the philosophy agreed, between both parties.

The fact remains that you should have a valid BG, you should have a committed date for the delivery of a property and a valid cancellation route

It is that te developer have run out of money and that CAM are saying no more money until all of the matters relating to the external factors, the mains electricity connections and planning are resolved

is anybody elese as confused as I am regarding this what I believe may be a stalling statement

 

 



_______________________
Roy Howitt Independent Property Consultant www.sonrisaproperties.com www.snaggingspain.com WE CAN FIND YOUR DREAM HOME 627 955 748


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29 Jun 2009 12:54 PM by alamred Star rating. 242 forum posts Send private message

reason probably is that as it comes third party, on no official clayton ges headed email or letterhead it is worthless in court!.

I have made a copy of www.fincaparcs.com today (29th june 09) and the website still states the following:-

 

About our partners

Dragados

Dragados are part of the largest construction organisation in Spain.

Throughout its history, the ACS Group’s growth has been sustainable and profitable, positioning it as an international reference in the development, construction and management of infrastructures.

In this line, the acquisition of a significant stake in Grupo Dragados S.A. in the year 2002, increased in March, 2003 through a Takeover Bid for an additional 10% of capital, bringing the stake to 33.5%, and the subsequent merger of both companies in December of that same year, represented the ACS Group’s most relevant corporate movement since its creation.

The new ACS Group was founded with a vocation for leadership in the European sector of infrastructures and services

www.grupoacs.com

Cam Bank

Cam Bank are one of largest high street banks in Spain. Not only will they provide bank guarantees throughout your purchase, they also invite our purchasers to apply for mortgages of up to 80% of their property. Cam Bank have English speaking employees throughout their branches ensuring any assistance you require shall be easily given.

http://www.cam.es/

Finca Valley Spain S.L.

Finca Valley Spain S.L. will be the Property Management Company based on site from completion of Phase One.

Services provided will include keyholding and management, cleaning services, pool and spa cleaning and rental management service.

www.fincavalleyspain.com

 

 




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29 Jun 2009 3:15 PM by Whitney4367 Star rating. 9 forum posts Send private message

We have received an e-mail this week-end direct from Cleyton Ges including a copy of this statement, we will be contacting our Solicitor to see if he can find out more information.




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30 Jun 2009 3:04 AM by Debs C Star rating. 21 forum posts Send private message

Hello Whitney,

Did you receive through an agent or direct? We have not received any direct contact from CG, certainly unusual for them to  send things over a weekend?

Again, seems they are trying to shift blame to Cam Bank, but they the developer are ulitmately responsible for a BG are they not?

Debsxx

 




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30 Jun 2009 5:37 PM by brickie100 Star rating. 14 forum posts Send private message

Hi Debs,

When I bought my property I was told at the sale that if the property was not deliverd on time to my satisfaction I had 14 days to cancel my contract and my deposit held in an account by the Cam Bank would be returned to me.

Bottom line is, Cam bank have my deposit, CG will not complete on time for whatever reason and I would like my deposit back ! without the assurance above I was given when I bought the property, I would not have bought.




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Previous Threads

The Finca Parc guarantee. - 0 posts
Getting deposits back - 2 posts
And its goodbye from all of us as well - 4 posts
FACTS OF THE MATTER ARE ......... - 40 posts
finca parcs - 0 posts
Latest from my agent - 34 posts
Any Updates? All gone quiet again! - 10 posts
LATEST COMPLETION INFORMATION - 7 posts
Has anyone tried to discharge their contracts? - 4 posts
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Update 27th October - 1 posts
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Communications - 0 posts
Finca Parcs Las Higuericas - has anyone tried to discharge their contract to get monies paid back - 7 posts
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How many for Xmas dinner?? - 4 posts
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Exploring the Area around Finca Parcs - 5 posts

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