Spanish car subsidy

Hi guys.

 

I only just found this forum yesterday, I wished I had heard of it before.

I have read every post concerning the Hipodromo fiasco and it is all fresh in my mind, reading it brought back all those memories of pending excitement and subsequent doom.

I doubt if this is even close to being over so I have plenty of time to become acquainted with y’all.

 

This is my personal tale of woe.

 

I bought a 3 bed in Espuela in 2002 recommended by a friend who had a friend who is an estate agent in Fuengirola.

 

It sounded like a good deal, and I was flush so why not.

 

As soon as I paid the estate agent it was like I had the plague, he never contacted me and only ever answered my emails after I sent him 2 or 3 reminders.

This person is possibly in the top 3 of the people I would most like to meet after a to-do with HID.

He blatantly lied to me, and then denied it, I should think this is normal for an estate agent, but as he was a mate of a mate I didn’t expect it.

I find it is better for my blood pressure if I don't think about him any more.

 

The Lawyer I have (recommended by the estate agent) isn't much better, again Fuengirola based, but at least he smiles when he lies .

He has been no help at all, I asked him to sell it for me, but I haven’t heard from him in well over a year. I am due to go over and see him.

 

I have been out there and climbed the hill as you all seem to have done to look at the bit of dirt we all bought, but I have never been able to get inside, I was there last in Feb 07.

 

I was under the impression (until today) that my block was almost done, but after reading the forum and looking at some of the pictures it would seem the Espuela hasn’t even had the foundations laid yet.

 

(Question 1) Am I right in thinking that Espuela hasn’t been started on as yet?.

 

I am hoping that I have it wrong and that I actually live there already, but knowing how the Spanish thing has gone so far, I probably bought the apartment from a bloke in a pub, and he ran off with my money. In a way I wished that had happened, at least I could wipe my mouth of it and get on with my life . 

 

The lie I was told by the estate agent, (well one of them) was that I could have my money back at any time if I wanted it.

He then said he never ever said that, and what he said was, I could have my money back at any time up to the time when they started on the build, as soon as they started the build my right to “back out” was void.

 

(Question 2) Was this the case at that time?.

 

If it was the case and Espuela has so far NOT been started then surely I would still have that right to demand my deposit back.

 

Don't worry, I am old enough to know that Santa isn't real and I have got more chance of moving in next week that of getting my money back, But I was thinking that it may be a clause in the contract that might be worth exploring.

 

So far I have about £50k invested in this apartment, it was bought (IIRC) for 140K Euros, but the price of the 3 bed is currently 200K Euros, so provided Aifos will eventually build the poxy place having £50k invested isnt such a bad thing. I now wished I bought in Bulgaria as my friends did at the same time, and I am now thinking of doing that anyway.

 

I am sure I am not alone here, and the chances of finding some smuck to take it off my hands has to be slim to say the least, but it would be a good investment if he was not in a hurry to move to the sunny/muddy slopes of Hipodromo. I would love to take my £50k back and walk away from it all.

 

So if anyone knows who this person is,  please PM me.

 

Getting back to reality. .

 

If I am correct in believing that Espuela isnt even started yet, do we have a date for the start, and if so has there been any mention of when it will be completed.

 

One more thing.

 

When it was sold to me, I was told of a rear view of the sea and a front view of the mountains, looking at one of the pictures it looks like I will be getting a front view of the rear of Tordo does this seem to be the case to you?.

 

Talk about moving the goal post !!!!!!!!!!.

 

Adding 3 or 4 more builds to the project, doesn’t this constitute a change in the rules/breach of contract and therefore subject to a touch of back peddling by the purchaser ?

 

This rant isnt over, I have just  gone for a lay down.

 

Hahahahahahahahha.

 

Regards

 

 

Smiffie.

 

 

 

 

 

Can anyone answer these questions please.

 

 Am I right in thinking that Espuela hasn’t been started on as yet?.

 

Did Aifos ever agree to return any deposit up until the date of commencement?.

 

Regards

Hi to you all,

latest update.Called at site last wed14 may,there were  4 cars on site so something is moving ,actually found workmen on site and have posted picture for the sceptics!Actually counted 4 workers what they were doing cant say as they were just starting siesta time but at least they were there.The only thing that has moved since my last visit is the cranes ,they have been moved in new direction owing to wind ,so i would assume they are staying on site,if not the sub contractor would well have moved them off.Thats all the info i have for now.

Smiffie,Espuela block is not one of the completed blocks all they have done is clear the site for work to begin ,that has been like that from when they hit the foundation problems,wiyh regards to deposit returns i have not heard of any one getting theirs back.

Oh Smiffie!!   Do I detect a note of optimism in your contribution??

 Like you we have been waiting since 2002 for our apartment (in Estribo)The latest word from  Casa Blanca Real Estate is that AIfos are struggling and we'd be wise to transfer to another development closer to completion before the whole Aifos edifice grinds to a close.Of  course the price is significantly higher than when we paid our deposit!!!

I suppose I could always buy a tent and pitch it somewhere close-- after all it is a garden apartment we're supposed to be buying!!

Optimism is my middle name, actually it is the middle part of my nick name. "Stupid optimistic Smiffie" 

I am sorta of optimistic about getting an apartment on a hill in Spain, but not about the time line.

Right now I am only asking questions to see if what I have heard is right.

As I understand it, Espuela is still a figment of a long forgotten dream, with no work done to the area other than to clean the ground ready to start the dig, but because of problems appertaining to the footings it has not been started yet.

This is news to me as I thought my block was almost finished, it being one of the blocks with the tiles and marble and power cables etc.

Now I know that Espuela isnt even started I can choose from these options.

1) stay with it and wait another 2-3-4-5 years.
2) Swap this apartment for one in one of the almost completed blocks. (if this is even possible)
3) start legal proceedings against Aifos.

I received a email from a Lawyer today explaining what he can do for me, but do I need to chuck another 8K Euro's at this bit of dirt?

Has anyone gone down this road with a lawyer and succeeded, or is it a waste of time?

I ask this because so far I have not read about anyone who has received their money back and walked away happy.

I am still doing research before I decide what I am going to do.

This is why I am asking so many questions, so please bare with me,  and know that I am grateful for all your help.


regards

Smiffie.