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Oceanville

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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 09/October/2011 at 13:46
just thinking of sesimbra's other assets or developments...have no idea what else they own...tried to find out on the internet. they must be a fairly big organisation to have taken on the oceanville project...
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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 09/October/2011 at 13:43
yep, we feel that once sesimbra goes bankrupt (we think that it's only a matter of time), the bank can off load to another developer. sesimbra looked for another loan this year which was turned down, so without finance to get the place up and running again...they are bound to go bankrupt.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote john2604smith Quote  Post ReplyReply Direct Link To This Post Posted: 09/October/2011 at 12:49
I think another developer will step in, after all the hard work is done and it is in a fantastic location, just above Albufeira and as you say stunning views. 
ownersdirect P3708
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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 09/October/2011 at 12:13
a very good question cubsur...our solicitor says that there is no way it will be knocked down...but sure you wouldn't know what will happen! such a shame as the view from our balcony is/was stunning....
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cubsur View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 19:01
So what's going to happen to the site I wonder?
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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 17:14
cheers jayjan....could be many years if at all before we see any of our 40k...but at least i have a legal document from the courts now...hopefully will mean something if sesimbra go bankrupt!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jayjan Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 17:07
ClapClap Excellent news Jocelyn, hope everything goes ok for you after all the trauma you must have had with this place over such a long time. Good Luck & best wishes !!!!!
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Christina View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Christina Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 15:53
ClapGreat, I am so pleased for you, you never know you may get your money
     back, miracles can happen, ha ha. Smile I bet you're relieved its all over.
Christina James
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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 15:40
ah thanks Christina, so nice of you :)
we won our court case this week, judge ordered sesimbra to pay us back....not that they will cause they are almost bankrupt...but it was somewhat good news for us.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Christina Quote  Post ReplyReply Direct Link To This Post Posted: 08/October/2011 at 15:35
   Hello jocelyn
   This is the first time I've read about the trouble you are having and I just
   want to wish you good luck and I hope that everything works out well for you.Smile
Christina James
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cubsur View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 06/October/2011 at 10:38
Yesterday


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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 26/August/2011 at 09:20
thanks tiganut! hopefully i will be able to post an update before christmas. another client of my solicitors who submitted their case to the court after me has already had their hearing. My solicitor said it depends on which solicitor you get....
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tiganut Quote  Post ReplyReply Direct Link To This Post Posted: 26/August/2011 at 07:12
Good luck with the hearing,when you get it.
He Who Dies With The Most Toys Wins
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Jocelyn View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jocelyn Quote  Post ReplyReply Direct Link To This Post Posted: 25/August/2011 at 15:00
thanks cubsur for taking the time to put up another picture, i've no news other than i'm still waiting since december 2010 for my court hearing date.
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cubsur View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cubsur Quote  Post ReplyReply Direct Link To This Post Posted: 25/August/2011 at 14:52
The place is still abandoned and getting worse to look at. About four o'clock yesterday all I saw was two security guards having a chat (change of shift?) and and old bloke who looked like a gardener. Meanwhile the weeds continue to grow.




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