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29 May 2007 12:00 AM by steve sue Star rating. 2 forum posts Send private message

Has anyone had any experiences of selling their appartment and what the current value might be? I would love to keep it for the long term but have had a change of circumstances here and may need to pull out.


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03 Apr 2008 9:51 PM by supra492 Star rating. 32 forum posts Send private message

steve sue,

          Check with your lawyer regarding completion dates. The developer only has a certain time from the forcast date to actual occupation dates. My property was due for completion last Summer but will not be ready now till December 2008, which meant a reduction in the final price or they had to refund the deposit plus compensation, plus legal interest, which is around 6% p.a. I chose to go for the refund as my circumstances have changed. Also property prices are plummeting, so go for the refund if you can. The fun part then is trying to get your money back. Good luck.

                                                             Roy




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17 May 2008 6:15 PM by supra492 Star rating. 32 forum posts Send private message

Hi Steve and Sue,

I have got details of the sales manager for this development. Maria Luisa Santi, C/Antonio Baena, 2-2 Izquirda, 29005-Malaga                  Mobile:  675 058 170.   Fax: 952 60 80 24.       I have e-mailed her, faxed her, and sent a text. I am going to make a pest of myself. I have also written to their backers Morgan Stanley threatening them with the O.F.T., F.S.A. and legal action.

                                          Good luck,     Roy




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