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09 Jan 2007 12:00 AM by LindaG Star rating. 53 forum posts Send private message

09 Jan 2007 1:43 PM

LindaG
Parcela


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Hello there

We are purchasing Phase I on HR and will be flying out on 24 January to see how things are progressing.  Have received infomation from a friend that, if we are planning to let the apartment out, we have to purchase certain items from PW Vacations Club such as linens, fire extingiushers etc.   Not sure whether this means if we are only using PW as the managing agents.   There are 3 types of management depending on the amount you require them to do.   I will try to take up to date photos and will also ask for confirmation of the expected completion date and all relevant fees.   I had a lot of trouble getting the Bank Guarantee from PW, but finally got a one page print of what appears to be the guarantee (in Spanish) covering the total payment we have made so far.  We will be taking this with us for translation.

LindaG 



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09 Jan 2007 4:56 PM by saltay Star rating in Pinoso (Alicante) an.... 41 forum posts Send private message

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Hi Linda

We are also buying on Phase 1 so will be interested to see your pics when you get back. The day before yesterday we received a package from Polaris via UPS containing mortgage offer application form from CAM bank, NIE application forms and a request for copies of passports. These have to be returned via UPS (on Polaris account) within 10 days. It looks like things are moving at last. Shall be very keen to hear how you get on.



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12 Jan 2007 1:32 PM by LindaG Star rating. 53 forum posts Send private message

Hi Saltay

We too had the same documents to sign and post back.   However, I was so excited, I phoned friends who are buying on La Torre and they had their paperwork in the Autumn last year and thought they were completing in December 06, then January and now they are being told June 07.   If Polaris follow the same timescales when sending out their paperwork, I would not expect ours to complete until December 2007 - in time for the golf course to be up and running.   On one hand I hope I am wrong, as we have been eagerly waiting for the completion day, on the other hand, we will be able to start renting it out with a 'working' golf course.

I will be pressing Polaris for some concrete information when I get there and will report back any news.

Linda



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