13 Jan 2008 10:40 PM:
Hi Noel,
Yes Zodiac Villas are still around, i have spoken to the Managing Director today! He is saying he was told by the German Lawyer that the develpoment was going to be urbanised and that the infastructure project had been sent in to the town hall. He had a meeting with the Mayor himself who confirmed that no such plans had been sent and thus no approval! The Lawyer has now dissappeared! Regarding the people who are living in villas on phase one, these technically are illegal, but i don`t think they will be demolised.
Regarding the bank guarantee issue, no bank guarantee was put into place. I am trying to sue for the first construction payment i gave to the builder but as they have no money, they are offerring us more land by way of compsensation. What do we do, accpet the offer or try to sue someone who is saying that have no assets it`s such a mess!
I`ve been told by my solicitor that eventually the development will become a legal urbanisation but this could take 2 - 5 years! He has advised us to take the offer of the land. To add insult to injury we have now been informed that we would have to pay a community fee of thousands of euro`s if the villas are ever built! If anyone can advise me and the others like me as what to do, please reply!!
Thread:
Zodiac Villas nightmare.
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