Getting deposits back
#1
BE Enthusiast
Thread Starter
Joined: Oct 2004
Location: Shenfield, Essex
Posts: 615
Getting deposits back
I called my abogado last week regarding my plot deposit and was told that Fadesa, (or the administrator) has put forward a 7 year plan to pay back in full.
I don't know if anyone else who is trying to get a deposit back for a plot or property has heard this from their abogados, or has any further details?
I don't know if anyone else who is trying to get a deposit back for a plot or property has heard this from their abogados, or has any further details?
#2
Re: Getting deposits back
I called my abogado last week regarding my plot deposit and was told that Fadesa, (or the administrator) has put forward a 7 year plan to pay back in full.
I don't know if anyone else who is trying to get a deposit back for a plot or property has heard this from their abogados, or has any further details?
I don't know if anyone else who is trying to get a deposit back for a plot or property has heard this from their abogados, or has any further details?
We have not heard anything and neither have any of the contacts I have who purchased properties. It might be different for plots. I still have not heard what progress has been made with the cancellation of the contract. We have pretty much given up so anything would be a bonus.
#3
BE Enthusiast
Thread Starter
Joined: Oct 2004
Location: Shenfield, Essex
Posts: 615
Re: Getting deposits back
Hi Andy
We have not heard anything and neither have any of the contacts I have who purchased properties. It might be different for plots. I still have not heard what progress has been made with the cancellation of the contract. We have pretty much given up so anything would be a bonus.
We have not heard anything and neither have any of the contacts I have who purchased properties. It might be different for plots. I still have not heard what progress has been made with the cancellation of the contract. We have pretty much given up so anything would be a bonus.
#5
Re: Getting deposits back
Hi,
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
Last edited by Royal Palm1; Nov 1st 2009 at 12:20 pm. Reason: grammar
#6
Re: Getting deposits back
Hi,
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
#7
Forum Regular
Joined: Sep 2006
Posts: 87
Re: Getting deposits back
Hi,
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
good luck
#8
Re: Getting deposits back
Hi,
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
I am brand new to this and apologise if I am jumping in and messing with the flow of the 'thread'.
I am soon (supposedly) to complete a purchase on Sea and Sun, Costa Esuri and was wondering what people local know about the overall situation.
I paid a 30% deposit five years ago and have also been wondering whether I could get it back before completion due to the time the place has taken to be ready. Have you heard of anyone renegotiating their deals with the builders/developers on Sea and Sun.
Also I wondered if anyone local knows what they are really going for at the moment because I do not get any impartial advice from the people who I have dealt with so far.They are advertised between 179,00 and 202,000 euros for a two bed two bath apt but something tells me that this is probably way off the true selling prices having read other topics on your forum.
Any other background would be appreciated as I am about to make a massive investment and want to make sure that I am doing the right thing before I commit even more money to the project.
I love the place but on my last visit in June 2009 I was shocked to see how little in terms of amenities there are and this was compounded by the lack of a bus link to and from town. Any news on these issues would be great.
I pushed to complete as early as possible which was Dec 07,and so glad i did have had the use of it all this time,unlike some who did'nt for various reasons. But we all paid a 30% deposit so its a hard decision to make as to continue or pull out,its a lot of money to lose?.
It personally makes no difference to me that all is not complete on the urb,as its the surounding area's and the golf that i enjoy most,along with the people we have met on various visits.
As stated in the other post if values had increased people would only be prepared to pay what they signed for?. On a positive note last week the golf was held in malaga,had a look at properties on the course frontline golf and for two bed appt they are asking 420,000 Euro's.
It might take some years but am pretty sure we will all be very pleased with our purchase in the long run,article in the Mail this week was saying that most overseas developments that held their own in the recent crisis were built on golf developments?.
Good luck.
#9
Re: Getting deposits back
For someone who has no connection to Esuri can I just say that the area has been a pleasant surprise when I visited last month. I guess I was expecting a ghost town but in October I saw many permanent residents enjoying their purchase/long time rental.
The area has flourished and there seeem to be many cars within the developments which have been very well kept and maintained with flowers and plants etc. Villas are being built and you can see that in time if people keep moving into the area there are likely to be more services to maintain the population but I guess this is a vicious circle.
It may take time (but what doesn't in Spain!) but you can see the potential in the overall development.
One sore point though - shame about the Golf Club!! Do you Esurians actually eat there?!!
The area has flourished and there seeem to be many cars within the developments which have been very well kept and maintained with flowers and plants etc. Villas are being built and you can see that in time if people keep moving into the area there are likely to be more services to maintain the population but I guess this is a vicious circle.
It may take time (but what doesn't in Spain!) but you can see the potential in the overall development.
One sore point though - shame about the Golf Club!! Do you Esurians actually eat there?!!