Hi Costa,
Not sure you told us who the developer is, as if they are still a going concern you should have a better chance than if it is MF.

The developer is Sea & Sun Residential and the developer is Prycolar SL and not MF as far as we understand.

Prycola are an estate agents with one apartment for sale ? HERE

I wish that I'd discovered this forum earlier! We visited Sea and Sun earlier this year were appalled at the state of the apartment and the so-called view from it (a slag heap). We have therefore not completed yet and would prefer never to do so. We have recently heard that the developer is threatening to initiate court proceedings to force us to complete. What do we do now? Any advice or thoughts from anyone would be appreciated.

The developer is definitely not MF nor is it Prycola. The sign boards says something like Winterra as the builder but they in turn may not be the developer or in Spanish Planning Jargon the Promotor.

Hi, I have only ever posted one message on this forum before but regularly have a look to see if things are picking up for people on Costa Esuri.

I am going to update you with some info about the Sea and Sun development as I am one of the silly people who have completed on their apartment.

I have jumped through hoops to get a mortgage for the apartment this year and other than hopefully safeguarding my deposit( put down five years ago) I do not know if I have done the right thing or not.

Since buying I have had a few minor issues with the apartment but Prycolar,the people who have had the apartments built for them by Winterra have generally been pretty good - especially their poor agent who sits and suffers everyday in her office outside the development.

The finish of my apartment is very good and the snagging was sorted out without issue and whether I am a fool for paying the price I paid remains to be seen. It was the price agreed in 2005.

I have successfully rented it out all summer and the holiday makers have had a fantastic time, the pool is absolutely fantastic.It is just extremely quiet as there are only a handful of people who have completed.

The complex in my opinion is fantastic but the land at the back is an eyesore and cannot be touched, never mind landscaped, because the owner Fadesa?
will not allow it. Does this sound right ?

My big concern is that I have just been hit with a bombshell. I have to pay close to 200 euros a month for the community and bloque fees. I could maintain it as it is for half of that but I am victim to being only one of a handful of people who have been prepared to complete.

Does anyone else pay such drastic community fees. It is this that will put us in to trouble and was totally unexpected. We have a property on a fantastic complex in the Canaries and only pay 100 Euro a month there, with two pools, security, satellite TV and a permanent secretary. I can't help but think I have MUG written across the front of my head.

On a positive note Purple Parrot Holidays have looked after the bookings for me AND HAVE BEEN FANTASTIC.

I now have an empty apartment for six months and community fees half the size of my mortgage to pay. No fun at all.

So please cheer up , it could be worse, you could be me.

That sounds way to much.A 2 bed townhouse pays less than that a quarter.
Who are the people charging youthis?

Seems a bit (actually very) high - In Las Encinas when the numbers of occupants were low, the number of pools opened was reduced and the lifts in the bloques were also disconnected to save on maintenance checks etc.

I would have thought that you will pick up quite a few rentals from Oct to April as well. The rental company you mentioned gets quite a lot of bookings from the golfing nordics!

On Las Encinas,we pay about 200 euro a quarter for the community and inter community fees,so yours sounds very high indeed.

Who is running it for you and have you been given a breakdown of charges,and although it seems unfair those that have not completed yet will still have to pay these fees when they complete as arrears.

Hi, The company given the job of administering the community affairs are called


Gutiérrez & Martínez Asesores Jurídicos S.C.P.

They have had a couple of meetings with some of the eighteen owners who have bought and elected the lady in the office as the President of the Community. They are administrators trying their best, I suppose , but it will cripple me this winter to pay these fees without an income from the apartment and the only consolation is is that if I don't pay, my apartment could be repossessed. It is a bit of a nightmare that is for sure. I am going to cut back on Christmas presents I think!!

Thanks

I have owned my apartment on Las Encinas for nearly 3 years now. When I completed there were approx 120 of 430 apartments sold. This resulted in the owners paying over the odds but not to the extent you are.

With the bills being set fairly high to keep the place tidy it resulted in a surplus when the apartments sold. We are going to use this to improve the Communal areas. In your case it could mean that you get a charge free period if the same happens.

Thanks for the information, it appears a standard thing in the circumstances.

I will have to hold on long enough to see if things go better for me - if and when any new owners purchase the other apartments.

On a positive note at least it is close to Jags. I was gonna make myself a member but this has put paid to that idea!!

Thank you all. I will keep you posted.

Please have a look at the complex on my website and have a look at the apartment inside. I think it may give a little comfort to the people who have paid a deposit on Sea and Sun and worry about completing. The place is looking good and apart from some heavy duty snagging which is sorted I think it is a great place to buy, although not advisable, unless you have to!!

Yes, sorry about that, I saw someone else's and thought it was okay but fair enough. I will work out out to attach some photos and post them instead. I am sure they will be of interest to some of the forum members.

Hi

You shouldnt be paying for all the work - between 5 people. The developer has unsold properties and so they are responsible for the fees for those. Just like Fadesa have to pay for their unsold properties.

So in fact your HUGE 200 a month should be multiplied by every apartment and that would be another huge sum.

This seems wrong to me.....

I hope you can sort it out and maybe become a member at Jags after all!

Jon