30 May 2015 4:38 PM:
Hello, can anyone answer this for me....... We are thinking of buying a small studio apartment on a complex which is made up of some owner/occupiers, some holiday lets and some time share holiday lets. The time share company are in the debt to the management company for over 100,000 euros but are in negotiations to slowly pay it back. What are the implications to us as private buyers if there is this debt? Will we suffer in any way, apart from the obvious possibility that the complex will not be maintained as well as it could be.
Would be so grateful if anyone knows as we are not sure whether to purchase or not.
Many thanks
Thread:
Debt question relating to the management company
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