Update on Alkudia Smir

[Tu Can Tango]

Hi to all potential buyers
I have recently purchased a 2 bed penthouse apartment in AP1, having paid a reservation fee and agreed the price prior to the drawings being approved. This price was confirmed to us on numerous occassions inclusive of VAT and we were told that there would be an increase by 10% when the plans were officially released. I received my contract last week and it appeared that there was a discrepancy in the prices. I then contacted our agent who assured me that the price agreed was inclusive of VAT and that the price was an error on the contract and they will get in touch with FADESA. I have now been informed to my amazement that the price that I orginally agreed has increased by 14% and FADESA stated that due to the plans being descaled the price no longer includes VAT. We have also had our contract checked by a solicitor and it did state that it was not bank guaranteed !!! Has anybody else had this problem and have you all checked your figures on the contract !!!!!
I would welcome any thoughts on the above conduct as to whether this is acceptable.
Hope you can help
Thank You

[mcneilee]

I would welcome any thoughts on the above conduct as to whether this is acceptable.
Hope you can help
Thank You

i would wellcome any proof

[Colin]

You must be the only person to have recieved a contract, oh and the only person to have paid a reservation fee

I think I smell a rat

[Tu Can Tango]

Hi
I have got the original email that was sent to me from the agent confirming the price inclusive of VAT and which apartment I was allocated, together with a breakdown of the payment structure. Is this enough proof ! I have just received a copy email from the agent and Fadesa today stating, Fadesa have accepted liability for this mistake but cannot honour the original price as they have a long waiting list of people waiting for the apartment.

Look forward to your thoughts
Regards

[Colin]

having paid a reservation fee.
I received my contract last week.
We have also had our contract checked by a solicitor and it did state that it was not bank guaranteed !!!
have you all checked your figures on the contract !!!!!

I don't understand any of the above? So have you recieved a contract? Has your deposit cheque been cashed?

[shak]

Hi guys, I am not adding my comments. I am on the fence as I am not buying it will be interesting to see how all aspects of this developments unfolds

[Tu Can Tango]

having paid a reservation fee.
I received my contract last week.
We have also had our contract checked by a solicitor and it did state that it was not bank guaranteed !!!
have you all checked your figures on the contract !!!!!

I don't understand any of the above? So have you recieved a contract? Has your deposit cheque been cashed?

Yes I have received my contract with the added 14% ontop of original price quoted, no my deposit cheque has not been cashed yet.

[sabrina]

Has anyone else heard anything from their agents? Who are your agents Tu Can Tango?[/b]

[Tu Can Tango]

Has anyone else heard anything from their agents? Who are your agents Tu Can Tango?[/b]

My agent is Morocco Properties Ltd based in Essex, they also sell property in Spain, I met them at Excel earlier on this year, they are a family run business and seemed very efficient.