Tax increase in Saidia

[killersrule]

I have also ought through Property logic and have been informed that I will not have to pay the increase in Vat.

[camel with three humps]

Just Alex: The answer to your cynicism lies in my thread on Half Fadesa Assets

[exfcsm]

I am not really surprised that Fadesa have kept this 6% Tax increase under wraps - it would put people off buying don't you think ? Possibly ?

Anyway, for those people that are going out soon to sign, in relation to the Clause 8 letters, if the properties are not to a sufficient standard by now for you to feel confident to sign for them - do you not think that Fadesa should be held responsible for the extra tax - as it is down to them that the delays have occcured - is it not ? For those people in AP6 for instance I am sure that Article 9 states that Fadesa were supposed to deliver the apartments 15 months after signature of contract - this obviously has not happened, can you not ask your solicitors if they should be held accountable ?

Just a thought.

[camel with three humps]

Fadesa contract always states the prices without Taxes. From Fadesa point of view it suits them.

In so far as other approach, Fadesa will just ignore your/your solicitors contact with them in which ever format.

In Spain if you take them to the Courts they will demand that you complete otherwise its a breach of contract. The judges will give them the benefit as construction projects are invariably delayed. If this does not happen and you get the decision, they Fadesa will appeal, this is a very standard process applied in Spain to frustrate the buyer and make them spend good money after bad in legal fee.

If you take them to Court in Morocco. I let you decide what can happen in terms of decision, your time and dare I saw the judges will be in their pocket.