Hi All
We also rec'd the same poorly written letter. I have questioned what happens beween the resort being open and the deed transfer in September. I believe IMOCOM will be writting to us to seek our permission to start to rent this out between opening and September. It would appear that any rent is "pooled" together and distributed accordingly.
We signed up for a guarnteed rent return over 3 years, again keen to see how this plans out.
I also received another letter today from IMOCOM with some sample photo's. Just hope that the interior furniture pack is not the one that's going into ours as we were told it would be the same if not similar to the show house which is also shown on various web sites. Again I have raised this with Azy. I'll let you know the response - he is fairly good at responding and his written English is good
Regards
Simon
Quote:
Originally Posted by chrisandchris
Hi Rich
I have just signed up to this forum and have been reading some of the posts with alarm. We are buying a 2 bed town house and haven't signed up to any rental agreement. We were under the impression that the site was owned by Hilton and weren't aware that they had pulled out. We certainly haven't heard anything about not being able to rent the property out privately, which is exactly what we intend to do. There seems to be a total lack of information and communication from Imocom.
I have received a poorly written letter from Imocom today stating that the property is now complete and that 'the public deed will take place' on 3rd September in Lisbon. No other details AND they have the wrong plot number on the letter. Doesn't fill me with confidence. There are definate questions that need to be answered before we part with the final installment.
Regards
Christine
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