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Q: buying a 0ff plan property in portugal from wholesalevillas L.T.D ( No Answer,   1 Comment )
Question  
Subject: buying a 0ff plan property in portugal from wholesalevillas L.T.D
Category: Business and Money
Asked by: raymondg-ga
List Price: $50.00
Posted: 09 Mar 2004 10:30 PST
Expires: 08 Apr 2004 11:30 PDT
Question ID: 314941
i would like to no whether any one has bought a property or is in the
middle of buying a property from wholesale villas ltd I am buying a
property in portugal off plan and a part payment is due am i safe with
this company www.wholesalevillas.com the manager is graham cockroft
the money goes to www. SGM-FX.com then i get afax back to then move
the money to an acounnt in portgal the recipient name is
ferreiras500-empreitadas na construcao civil the bank is bnc
Answer  
There is no answer at this time.

Comments  
Subject: Re: buying a 0ff plan property in portugal from wholesalevillas L.T.D
From: probonopublico-ga on 10 Mar 2004 01:03 PST
 
I've had a quick look at the Contract and I don't like it a bit.

The Developer has made no commitment to a completion date which is
'subject to Planning Permission'.

I recommend that you take legal advice (in your home country and in
Portugal)before paying over any money.

Personally, I would prefer to buy a property that is already built
rather than one that's only on the drawing board.

I know that it looks a steal compared with property prices in the UK
(for example) but I would suggest that you take your time and have a
good look round before committing yourself.

Remember it's much easier to spend money than to make it.

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