Gill - even the basic rules have been ignored here - i.e. when a developer foresees a delay, he first of all needs to directly inform the buyers, and secondly needs to get their agreement. Majestic played silly games for 18 months. And inspite of the nearly 2 year delay there has not been a single formal communication to let us know.
Even the announcement of the recent delay from June to September (actually means October), we only found out thro members' messages on EOS. There has been no formal communication via solicitor, bank or agent. None of us have agreed to it either. We dont know whether the completion certificate will be available in September (lol - Spain is closed in September), or 2 months after September/October.
Yet if you speak to Maria (the lawyer on EOS) she says that if there is a 4 or 5 month delay from original date given, you automatically become entitled to your full deposit plus 6% interest. "Not so" says the lawyer, "Not so" says the developer, "Not so" says the agent.
The good news is that SMD (the new developer) is atleast posting some photos of "progress" on their own website.
I have no doubt all our messages are monitored regularly.
PS. I heard there are 20 units for sale at La Condesa. I also heard the good news that the show apartment will be ready in May. Has anyone else heard of this one ?
This message was last edited by Captain007 on 3/21/2007.This message was last edited by Captain007 on 3/25/2007.