See photos Friday 14th May 2010 uploaded today
Manzana 1 now looks positive for being built by mid December 2010 but LFO will probably be in 2011
I am plot 11 Manzana 1 so it now looks positive that I will get a property for my 53K € investment
And OTCC phase 1 is clearly on it's way!
A long journey for those of us who changed to OTCC but now at least there is a future
But also I think all of us .who decided to change to OTCC ,wish all those who decided to go the court route re ACC lots of luck and hope it turns as well for you as it now appears it is turning out for us
The fact is that they would not be building if Indalo did not have the finance to complete the phase they are building to modern standards now required in Spain to get LFO's
Some have said that even at 2005 prices buyers are paying too much for today’s values! but Santander is the mortgage provider and they would not be involved if the figures did not add up...medium term I suspect in any case will not be a problem
But the € may implode and we may have a Euro/ UK government financial crisis bigger than the banking one in September 2008! who knows ...but now so far so good
None of us who have changed to OTCC condone the actions of Huma Med but it is our fundamental right to take whatever actions we all think appropriate to protect our own money
All my posts have always been my own personal approach and everyone must take their own legal advice as I have done and so far that advice has proved sensible and I will in due course have a Tarifa [ which is an investment for me now as I have in the meantime bought a 50/50 home near Huercal Overa]
And as at May 2010 I am very happy that I do not have to write off my 53K € as a loss!
Also, please note that my well furnished Tarifa with AC ,front line with great views from the solarium and close to the pool , will be available for lets Summer 2011, for those buyers who would like to stay at OTCC before their own homes are finished or anyone else
Provisional bookings now being taken!