Hi all anyone recommmend Polaris World ?

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25 Nov 2008 4:56 PM by Hephaestus Star rating in The Peak District Na.... 1230 posts Send private message

Don't want you to think that I am a know it all but why trust a developer to find you your perfect property? I don't know how you approached buying in the UK but I bet you did a lot of reseach and leg work. We have not yet bought but have done the following:

1) Found our favoured part of Spain

2) Found our favoured area

3) Found the actual development that we are comfortable with

4) Researched the actual development very thoroughly

5) Walk around every aspect of the development and select our favoured position

6) Viewed a selection of properties in our favoured position

7) Got prices from the developer and then hit the keyboards to find that several off plan buyers are now 'distressed' sellers

8) Made a lower offer on a 'distressed' sale just prior to the pound completely collapsing against the euro

9) Pulled out for a little breathing space and did a bit more in depth research

10) Found out that certain facilities such as the indoor pool and gym are unlikely to be completed by the developer because he has nine completed apartments that he can't sell as he wants last years prices for them.

11) We are now looking for a repossession at a price that would allow us to make the inevitable contribution towards completion of the facilities

Right or wrong we are up to speed with everything that is going on (we think), we can actually see a nearly completed complex, neither of us have got the stomach for an off plan purchase fiasco, I will update you on our progress, if we make any. 



_______________________

I'm Spartacus, well why not?




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14 Apr 2009 5:40 PM by aruna55 Star rating. 5 posts Send private message

JUst dont do it...we've lost £70,000 so far and have just submitted our lawsuit on March 19th 2009. Polaris have had our money for 4 years now. The are compete and utter rogues! Misleading, dishonest and complete crooks!

Keep your money and invest else where!

 

Aruna





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