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Investing in Monte Santo - Page 11

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  #101  
Old 07-07-2008, 04:10 AM
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Quote:
Originally Posted by ramanam View Post
Has anyone been over to see the resort ? and if so any more information regarding completion date??
Have been overseas for 3 weeks and curious to what developments are.

Regards
Mr Roy
Hello,

I am flying out to look at the Resort between 11 - 17 July. I have a meeting with Azy during the visit, on my return i can give you an update if you wish.

Kind Regards

Les B
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  #102  
Old 08-07-2008, 03:33 PM
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Default update

Quote:
Originally Posted by Les B View Post
Hello,

I am flying out to look at the Resort between 11 - 17 July. I have a meeting with Azy during the visit, on my return i can give you an update if you wish.

Kind Regards

Les B
I would also like you to update me if you possibly can thank you
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  #103  
Old 10-07-2008, 01:43 AM
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Quote:
Originally Posted by Les B View Post
Hello,

I am flying out to look at the Resort between 11 - 17 July. I have a meeting with Azy during the visit, on my return i can give you an update if you wish.

Kind Regards

Les B
That would be really appreciated for the information.
Do you have somewhere nice to stay during your visit??

Have you been asked about this pre-signing rental agreement??

Regards
Raymond & Diane
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  #104  
Old 14-07-2008, 10:20 PM
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Default Furniture pack look different

Quote:
Originally Posted by flowgogranny View Post
Hi We have bought a T2 appartment does anyone have any idea what the furniture pack looks like I have heard it will be completely different from the two show houses and also we will not have any choice to mix and match as we were lead to believe from sales staff cant seem to get any information from managment in Monte Santo
HI

I know your post was a few months ago, however it seems like your thoughts are correct in that the show houses we saw and understood would be used to furnish the rest of the properties if you opted for the furniture pack does not resemble the photos I have recenly been sent by the management team on site at Monte Santo.
Its gone from a cool brown and cream look with wooden furniture to oranges and red with "aged" white furniture. Have you been able to ascertain anything else.

I have asked Monte Santo prior to the photo's arriving at the weekend that the properties would be the same as the show houses and to a 5 star standard. A couple of days on it looks like its not the case. I have asked for clarity.
I also notice from other threads that there maybe a choice of 2 furniture option packs. Do you know anything about this as I have not been told of 2 options

Many thanks

Simon
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  #105  
Old 17-07-2008, 08:40 PM
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Default Algarve

Quote:
Originally Posted by DrQ View Post
I have just been offered opportunity to invest in a T1 (around 240,000 Euros)new off plan development in Carvoeiro on the Algarve. I am new to Portugal. Does anyone out there know anything about this particular development or the area?

Any advice about this and the Algarve in general would be appreciated.

Good afternoon


I am lawyer in Lagos and Lisbon and I know very well all the region. Although I think that it is best to invest in Lagos or Portimão, but, I chose Lagos!

This year was approved a new airport between Portimão and Lagos; this will came soon and all the investments made now will increase is value.
For example I have bought for me an new T3 in Lagos for 325.000 € and you can bought a T1 for about 220.000 €.

For example the apartment are full equipped and the condominium has a swimming-pool. The owner offers the furnish to the apartment and it grants 3 years income.
This condominium enjoys an enviable position high above the historic city of Lagos with amazing views over the rambling roof tops and down to the beach of Meia Praia and the shimmering sea.

If you need any kind assistance please don’t heisted to contact us.

Best Regards,


E. A. Bernardino
+351 917500323



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  #106  
Old 23-07-2008, 08:26 PM
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Default Children's playground

Hi all. My wife and I visited the development at the end of Jun. We were amazed (and I have to admit, quite horrified) to discover that a multicoloured children's playground had been constructed in the central area, forward from the main swimming pool in front of the clubhouse.

I do not know if the majority of purchasers were told of these plans when they were buying, but back in Mar '07 when we bought, we were told nothing of the change in plans which meant that the small lake in front of the front line of apartments was to be replaced by a hillock of lawn instead.

We made that unhappy discovery during a visit in March this year. Having come to terms with that rather large disappointment, we were assured that there would be plenty of palms and vegetation to decorate the area. We had chosen to purchase at Monte Santo for the quality of finish we had perceived in the show house but equally for the ambience we had imagined from the brochures and advertising produced by Imocom and the three lettered company.

This imagined view was well and truly shattered by our last visit and frankly the view and ambience from the front apartments and the townhouses overlooking the central area is more akin to what (I can only imagine) an old fashioned Butlins might have been like. If the playground location was not bad enough, they have installed a hard-standing backed by a three metre high, white painted wall between, and just behind the line of, the tennis courts and the playground, to provide parking for several cars or possibly service vehicles. The whole lot combined is quite simply an eyesore, in our opinion!

We asked our solicitor to ask Imocom if they intended to, or would, supply screening in the form of the promised palms and planting, to at least break up this view and, at the very least, partially screen it but have so far met with another stone wall!

Something that is being suggested to us is that we are pretty much the only people complaining about this. So are we?

Did you know about the plan for this area before you purchased? Now that it is there are you happy about it and think it is a good idea?

I can understand that if you have young children and have an apartment further back or indeed facing the playground, you might think it very convenient but do you really think that having all that clobber in the centre of the development adds a touch of class and will increase the chances of attracting the upper end of the tourist market that the resort is supposedly aimed at?

Are we overreacting? Please let me know what you think.

I have posted photos of all this on Photobucket together with some other photos from our visit. If you would care to view them, just email me and I will send you the link.

Last edited by Jumbo1; 23-07-2008 at 08:29 PM.
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  #107  
Old 23-07-2008, 09:33 PM
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Oh dear !. So much for the millionaire lifestyle being trumpeted on earlier posts. Just shows the worthlessness of artists impressions, glossy brochures and agents hype from the company who cannot be named.
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  #108  
Old 23-07-2008, 09:47 PM
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Lysos, be a good lad and if all you wish to do is taunt, kindly shove off.
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  #109  
Old 23-07-2008, 10:59 PM
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Jumbo,

If you had bothered to read my earlier posts you would have seen my cautions regarding agents blandishments re this development. There are non so blind etc.
Maybe now you will get together and put some pressure on the developers to get what you were promised (hopefully, in writing). So far it seems that buyers are not getting the rental deal they were promised, nor the interior finish/furnishings, nor exterior landscaping.

Les B posted that he was visiting recently and would report. What news, Les ?.
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  #110  
Old 23-07-2008, 11:39 PM
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Lysos, you are the one that has not "bothered". I read all your posts and replied to you personally on at least one if I remember correctly.

If you wish to taunt, you are not welcome anywhere.

If YOU reread the posts, you will see I did not disagree with what you said earlier when I was talking about my own specific situation, which differs from the majority here. For one thing, I am not taking Imocom's furniture pack (an option only available to a few who got in early enough and by NOT availing of any lease back deal).

I happen to agree with you 100% with regard to agents promises and went into this with my eyes wide open. It is pretty hard to foresee events like the ones I have specifically described. Apart from those major ones and a few other more minor niggles the resort does seem to be panning out largely as expected (if like me you weren't banking on any return in the near future!)

What I am trying to tell you is that most people reading this thread have already committed to Monte Santo and really do not need to read unhelpful taunts from you or anyone else.
Your statement that,
"Maybe now you will get together and put some pressure on the developers to get what you were promised (hopefully, in writing). So far it seems that buyers are not getting the rental deal they were promised, nor the interior finish/furnishings, nor exterior landscaping,"
is a lot more welcome that your preceding effort.
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