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Arenal Duquesa Phases 1,2,3,4,5,6 forum threads
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11 Nov 2007 12:00 AM by robbie Star rating. 82 forum posts Send private message

Hi to all ,

This is my first messege on this forum  I have been reading it for some while and find it very good for keeping up with what is happening with regard to the complex .

I am postiing this in regard to L F O  it seems that no one has seen this yet although we are told that it has been granted for certian blocks on Phase 1. Then  out of the blue on 08.Nov we recieved   a mail from our solicitor regarding this licence , I have wrote the mail below , 

We are pleased to inform you that we now have a copy of the Licence of First Occupation Block 5  Phase 1 our Spanish lawyers have now undertaken all necessary searches and are pleased to report that eveything is in order.

The developer needs to know if we would still like to complete or cancel.

The completion dates organized by the developer will start by the first week in December , and if we still intend to complete , we need to start making arrangements now .

This is good news for all concerned but like all that has gone before I will not hold my breath as over the last couple years so many things have been promised and not delivered , hope that this time it is true.                                                                                                                                                                                                                                                                                                                                  What I do find strange why are the developeres asking if we want to complete or cancel , as having gained the licence you would have thought that they would now want to complete right away, instead of offering you a choice , any thoughts on this.  

Robbie  / Barbara.

Block 5

 




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11 Nov 2007 3:21 PM by peps Star rating in manchester and duque.... 410 forum posts Send private message

Firstly, thanks for the information, it is very exciting that somebody has actually seen the licence now.  We, in general on this site, think that they are hoping for cancellations so they can re-sell the appartments at a better profit. Valuations are speculation at the moment as valuers can't get onto the site to do them but previous valuations were coming in at 220,000 to 260,000 (i know these were just rough and not final ones) but they could potentially make a lot more money from people cancelling. With regard to completion i really don't think there will be time now to get them in december, given it is almost mid november now. 

thanks again for sharing the good news

suzanne




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