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Oceanville |
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
![]() ![]() ![]() ![]() ![]() Posted: 24/November/2022 at 09:44 |
Albufeira Resident
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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Apparently yours for €1 if you have a few million to rehabilitate it. Rumours about its purchase come and go fairly often but nothing changes on the ground.
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Albufeira Resident
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animallover ![]() Regular ![]() ![]() Joined: 03/September/2008 Location: United Kingdom Status: Offline Points: 174 |
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Meant to say would get done...
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animallover ![]() Regular ![]() ![]() Joined: 03/September/2008 Location: United Kingdom Status: Offline Points: 174 |
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Extremely sad situation. You'd think something, anything, to get this property habitable!
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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Albufeira Resident
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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There is an on site security presence, I think that single apartment is for that. Some of the apartments were very briefly used ten years or so ago before the site was closed down, which may explain some of the strange sights.
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Albufeira Resident
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Skiddy ![]() Newbie ![]() ![]() Joined: 14/April/2021 Location: Male Status: Offline Points: 28 |
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We were up at 'oceanville today, walking past the newly painted townhouses, there was a couple inside one of them signing some paperwork & the sign that said for sale in English as been pulled up and laid to the side ,I think the one next door has also been sold there's an intercom outside & a cctv camera up high on the wall..we were also looking at one of the apartments in block (A) at the end near reception,which looks newly painted,someone must have be in there because the curtains opened half way & then closed again,really creepy, wondering why so many of the shutters are half pulled up & the rest closed.
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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A company has bought up some of the villas but doesn't seem to have sold any yet. Hardly surprising, given the state of the area as a whole.
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Albufeira Resident
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Bunnyrunner ![]() Regular ![]() ![]() Joined: 19/May/2021 Status: Offline Points: 132 |
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Despite trying, I did contact these agents as soon as the signs went up, I have been unable to find out if it is still owned by the bank or has been sold to developers. Either way it would be a logical approach to spend a little money on the 25 or so Villas to ready them for sale, when sold they will recoup the largest sale proceeds, presumably around €20m. This could then be used to remediate the hotel and apartment complex, in order to sell them.
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"You wake up a winner only you can make yourself a loser"- Declan Murphy
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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It's been over ten years now. It won't be long before it is beyond saving.
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Albufeira Resident
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PateoSteve ![]() Newbie ![]() ![]() Joined: 14/May/2022 Location: Pateo Status: Offline Points: 13 |
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It is senseless that the main area is left to slowly decay. Trying to find out why the the council seem happy for this to happen is met with a wall of silence.
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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Albufeira Resident
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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Albufeira Resident
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Super__Ally ![]() Senior Member ![]() ![]() Joined: 10/September/2010 Location: Scotland Status: Offline Points: 906 |
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Thank you
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Ally
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 25782 |
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Half a dozen or so of the townhouses out the back have been bought up and just right for you at around €800,000 a go. I didn't see any signs of habitation when I last walked around. No new rumours I have heard about the fate of the rest of the site, which continues to sink slowly back into nature. I have some time on my hands later, so will take a walk around and snap some pictures.
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Albufeira Resident
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