billy wrote:I take it you value your hard earned cash so don't just grin and bear it because THEY ARE TAKING YOU FOR A RIDE. Hello Pepe,
Can you back up your statement here?
Is there not a development being built at all?
Has there been no work done?
We know that Fedeasa Maroc are linked to Fadeasa Martinez, we also know that Fedeasa Maroc are in partnership with Adoha. They are developing 3 sites at the moment i believe and the one at Saida is nearly finished...a lot of doom and gloom being peddled here. Maybe i am being naive but i haven't totally given up....
Good on you Billie, we must never give up.
I live here and I deal with this lot on a daily basis on behalf of my clients, it's my job (unfourtunately).
Now what have we here?
Addoha: Reasonably steady Moroccan Construction Company linked to the Royal Family with a lot of goodwill. They want to get things moving... PROBLEM: No capability in their wildest wishes to do one tenth of even starting to sort things out. At loggerheads with Fadesa.
Fadesa Maroc: The Mr Bean of construction companies, separate company, yes, but fully dependent on the Martinsa Fadesa circus. No money to pay for toilet paper.
Addoha & Fadesa will not move a muscle until Fadesa comes up with the (cash) goods. IMPOSSIBLE.
Martinsa Fadesa: The Spanish company that cannot organise a piss up in a brewery specially since Martin took over. Insiders know that they are into administration but in reality they are bankrupt (news any day now).
Fadesa UK & Fadesa Ireland: Arrogant Mickey Mouses who can´t tell their right hand from their left. No time should be wasted with them.
Agents: Linked to Fadesa UK or Fadesa Ireland, got their dosh and forgot about it. The agent will refer you to UK or Ireland and at least in the former case they will not know nor care. OK, they may care a little bit but they will certainly not know. You are on you own Dear Client.
WHATEVER YOU DO CHECK YOUR BANK GUARANTESS. HAVE THEY BEEN REGISTERED? IF YOUR DEVELOPMENT HAS NO OFFICIAL PLANNING PERMISSION YOU ARE OUT IN THE COLD THE SAME IF THEY HAVE NOT BEEN REGISTERED. FADESA HAS NEVER KNOW NEVER CARED. YOU HAVE BEEN LED TO BELIEVE A WORLD OF MAGIG BY YOUR UK OR IRELAND LINKED AGENT AND ALL AND SUNDRY ARE LAUGHING ALL THE WAY TO THE BANK LEAVING YOU LOOKING STUPID.
If you appoint a lawyer DON'T do it through your agent and certainly not through Fadesa or anything that smells of it. That's unless you want to be taken for a bonus ride.
Shak was right all along.
Pepe