long delay condo delivery La Estancia Golfresort

Hi everyone,

January 2007 I signed a sales contract and purchased a condo at La Estancia Golfresort near La Romana and prepaid 100%.
Please don't start with what I shouldn't have done, like prepaying 100% etc.,because then I had my reasons and I will never do this again.

For the last year the building is "practicly" finished and I have photos of flooring,sanitary works,some appliances,etc. done and installed, but still painting,some doors,"servicios",etc. is delayed for months now without any concrete reasons.

checking the contract I see no maximim delay fixed, so my question is if there is a maximum delay by law the company has to respect, or can they indefenitly give me months of delays for many years to come and keep my investment frozen.

Thanks for your help/Edwin/Spain.

Hi HB,

That's what I thought!
last summer we came from Spain to see what was going on already and because the condo wasn't ready they had the decency to give us a golf cottage free of charge for 2 weeks as a compensation.

The place is beautifull and it looks unlikly they will stop now if only inside painting,some doors and landscaping is left, but they do not give a clear answer on why the delay.

first time I hear about different owners, do you have that confirmed?
I dealed with a local partner Mr.Avanzini who runs (runned?) La Estancia, but Cignal corp/Mr.Cignareli., and Ital-American seems to be the main man behind everything.

Another thing that worries me if the low occupency/residents and new buildings that they have now, and if Punta Cana would have been a more lively place to do residental tourism.....

For what I understand 90% of you guys live on the north coast anyway right? more fun over there?

thanks for your help!

edwin

Actually I am not a golf player myself, but the views are beatifull in these places.
Actually we wanted something similar next to the beach and get a small boat but the same size and quality of appartment was not affortable for us in that area.

we checked other condos and they were to small and much poorer quality.
The same housing level we found in Cap Cana or Casa de Campo was too "jet set" and expensive for our taste and budget, s hopefully we made a good choice on the long run.

hard to get a clue of the correct "ambiente" if you just visit once a year.

have a good one/edwin

Sr.Guzman,

Mand? el contrato a una abogada de SD pero no se molest? en contestarme, seguramente porque solo seri? una verificiacion o consulta y no parecia ser un asunto demasaido rentable para ella.

Me esperar? unos 2 meses m?s para ver si entregan como prometido antes de empezar acciones legales (en el caso de poder hacerlas..), ya que de momento hay todavia buena f? que saldra todo a buen puerto.

Me consulta era mas que nada si por ley hay un plazo maximo de entrega aunque no est? estipulado en el contrato especificamente.

gracias por su tiempo/Edwin/Espa?a

Gracias por sus consejos.
Sin falta har? estas gestiones por la cuenta que me trae.
slds/Edwin

Thanks Chip, but for the moment I will wait out a bit.
seems most of the stuff that still has to be done is landscaping and other community thingsin which I can't participate.
left inside seems painting and doors.
cheers/edwin/spain