block c

This topic contains 611 replies, has 60 voices, and was last updated by  t12gab 8 years, 9 months ago.

  • Post
    mrdeeds
    Member

    please inform

Viewing 15 replies - 16 through 30 (of 611 total)
  • Replies
    fabrizio
    Member

    Dear Djadsal Moradias Owners
    I just had a talk with Chief of Works About block D.
    He says that tomorrow morning they will start passing all the wires for electricity and that within this week also tiling of the apartments will start. He adds that the working situation is stabilizing and that if by a few months (with some financial injection) he will be able to increase the number of people,the works will speed up a bit.
    Considering the above mentioned we could estimate completion of block D by end of this year.
    Too early to talk about block E completion in concrete terms.
    FAbrizio

    chez
    Member

    fabrizio

    i have a completion date of december 2009 for block e!

    regards

    chez

    typical
    Member

    Tahnk you Fabrizio for your honest reply.

    Whilst it is dissapointing that Block D is again delayed (Block c and E also) may I ask as I imagine all of us investors are worried about the financial situation of the Turinvest company and as it seems you implied further financing is needed to complete the works.

    As far as you can say will the Djadsal be completed as first advertised ie Water park, casino etc and is turinvest committed to finishing the paid projects (the blocks)

    I was told that Block D would be finished by March 08 and I have like so many other honoured the contract and paid over in full. I have lost an awful lot of money on rentals interest etc leaving compensation aside Can turinvest promise completion?

    one john
    Member

    If you are out there Jean, have you decided what you are going to do in light of June now being the latest date ? We are still not decided what we will do but at least i can sort my holidays out at work now. My boss doesnt know it yet but i will be on a 4 day week in March ! Our contact at our Solicitors NDR, now has an office in Santa Maria and i am minded to let him complete on our behalf and not go out personally until deeds are ready but it will depend what the other Jon thinks. Do you use NDR and where in the UK are you ?

    jean
    Member

    HI ONE JOHN
    WE DONT KNOW WHAT WE ARE DOING YET!
    OUR SON HAS JUST HAD A VILLA BUILT IN HUA HIN IN THAILAND(STARTED OCTOBER READY NOW)AND HE WANTS TO GET MARRIED THERE MAY/JUNE AND OF COURSE WE WANT TO BE THERE.WE CANT AFFORD TO DO BOTH AROUND THE SAME TIME.

    TURINVEST ARE SAYING JUNE SO THAT COULD BE AUGUST , WE HAVE TWO WEEKS HOLIDAYS END OF SEPTEMBER SO I THINK WE WILL JUST GO THEN , THEY WILL HAVE TO WAIT FOR US WE HAVE WAITED LONG ENOUGH FOR THEM.
    THE DEEDS MIGHT BE READY THEN(HA HA).

    WE DIDNT USE NDR ( WISH WE HAD) OURS IS CAPE VERDE LEGAL SERVICES BASED IN MALAGA, WE NEVER HEAR FROM HER.

    WE LIVE IN KINGSTON UPON HULL EAST YORKSHIRE, WHERE ABOUTS ARE YOU FROM

    j robinson

    one john
    Member

    Thanks for your reply Jean. Share your feeling about the timescales of completion and deeds. NDR seem good and still reckon they will get us compensation but they are not cheap and i am dreading getting their bill at the end. I am just down the 62 from you in Rochdale.Am in Gambia all next week, so near yet so far ! If we were there for a fortnight i would have nipped next door to Senegal and got a flight over to CV for a day or two.

    jean
    Member

    HI ONE JOHN
    OUR SOLICITOR ISNT THAT EXPENSIVE,BUT WHEN WE BROUGHT UP THE SUBJECT OF COMPENSATION SHE SAID THAT WOULD BE EXTRA CHARGES ON TOP OF HER FEES,BUT WE DONT HAVE MUCH FAITH IN HER ANYWAY, I BELIVE SHE IS THE ONE THAT THROUGH SPIN OUT OVER COMPO.

    ARE YOU GOING TO GAMBIA ON HOLIDAY ? IF SO HAVE A GREAT TIME OR IF YOU ARE GOING ON BUISNESS DONT WORK TO HARD

    JEAN

    j robinson

    fabrizio
    Member

    Dear Djadsal owners
    I understand your concerns and complaints. On the other hand if you may open your vision to what is happening everywhere you should be happy that we are going ahead (1 block at the time now) and we’ll deliver. you are hurt by the delay and the bad exchange rate. We are hurt by the higher prices of materials,transportation and poor cashflow. However we go ahead unlike others developers here which have completely stopped building or not even started.
    I never meant to say we have financial problem to continue building. I said that if we will start selling a few more properties again, we’ll be able to increase the number of workers and speed up construction.
    As you may understand we are giving priority to the apartments versus Water Park. It not an issue building it, we have to, but we’ll do after completing the apartments sold. Unless some purchaser appears and with the money we receive from the sale we’ll build it.
    BEst REgards
    FAbrizio

    maclaughin
    Member

    quote:


    Originally posted by fabrizio

    Dear Djadsal owners
    I understand your concerns and complaints. On the other hand if you may open your vision to what is happening everywhere you should be happy that we are going ahead (1 block at the time now) and we’ll deliver. you are hurt by the delay and the bad exchange rate. We are hurt by the higher prices of materials,transportation and poor cashflow.
    …. I said that if we will start selling a few more properties again, we’ll be able to increase the number of workers and speed up construction.As you may understand we are giving priority to the apartments versus Water Park. It not an issue building it, we have to, but we’ll do after completing the apartments sold. Unless some purchaser appears and with the money we receive from the sale we’ll build it.
    BEst REgards
    FAbrizio


    Mr. Fabrizzio,

    Let’s shed some light here in presence of some facts. Are we facing some delay because high price for the materials and so on, or because Turinvest is involved in several other fronts of investment in Cape Verde and this is the end result?

    Correct me if I am wrong but you didn’t start building Blocks A, B, C, unless you had sold the majority of the apartments. Am I right or wrong?

    By the same token I assume you should have locked a contract with the suppliers for the construction materials before this crisis started. That way the price increase would NOT have affected Turinvest, since the cost would be picked up by the suppliers. If Turinvest hasn’t done so, who is to blame?

    I honestly believe one of major reason that most of people, including myself invested with Turinvest was the Water Park as part of the attraction. Otherwise, a lot people would seriously consider other options. If this infrastructure is not going to be built, the property values will decrease with major deception for the investors.

    I am sure you don’t consider any investor lucky, just because Turinvest is still going with the constructions. An almost 2 year delay is a major loss for any investors that are paying high ingterest rate on the loans made, when they could be paying nothing, or have their cash invested accruing some interest.

    All things considered the investors are the big Loosers and NOT Turinvest, who had other business alternatives, and NOT considering the Customers(investors) Interest as top priority like in any other Country in the world with a sense of business! I guess in Cape Verde Customer interest is NOT in the books…

    In your post you said …”if we will start selling a few more properties…”, can you be a bit more specific? I mean what if you don’t sell more properties?

    Can’t you see that people got scared of what has been done to others?

    Thanks anyway for your response

    Sincerely

    Mac

    worwilly
    Member

    Oh Mac, your so close to it…nice one.

    I understood the water park was to be sold on and residents would have to pay to enter, is that so fabrizio ?

    Then again most properties sold, no water park, properties depreciate, company steps in buys properties cheap, builds water park big bucks.

    just a theory.

    spin
    Member

    Hi Macloughlin,
    On the 4th December you posted that you were going with another company due to the problems and bad reputation of Turinvest. What made you change your mind and buy from Turinvest since. I’m sure Fabrizio can confirm if he sold you a property or not in the last few weeks.
    My guess is that you are not one bit genuine and are more than likely an Agent trying to sell another development.
    There are quite a number of people on this forum posing as genuine buyers and are in fact Agents and are undermining Turnivest and doing their utmost in scaring the daylights out of the genuine buyers.
    I trust people will read between the lines as see who the scaremongers are. I think you should try some other antics to sell your properties and leave the genuine buyers use the forum.
    Spin

    maclaughin
    Member

    Do I have to justify to yaa why I bought from Turinvest and NOt from another company?
    By the Way why did you decide to keep your apartment when you wanted to sell it so badly?

    Are you mad ’cause I didn’t buy from you, when you promised a good deal?

    I am sure you got a deal from Turinvest with your investigation. Was that a free stay in one of their hotel in Sal, as long as you come alone?

    keep up the good job!!!!

    Brain…Brain…Brain…similar to( ????????). Your conclusion are so genuine that I may say you are a genious! KEEP spin-ning your brain…

    Why don’t you do yourself a favor and crawl back to your hole…and consider yourself lucky ’cause my tolerance treshold is z-e-r-o regarding to idiots…

    Nice of you for siding with Turinvest and against an investor like yourself!

    quote:


    Originally posted by spin

    Hi Macloughlin,
    On the 4th December you posted that you were going with another company due to the problems and bad reputation of Turinvest. What made you change your mind and buy from Turinvest since. I’m sure Fabrizio can confirm if he sold you a property or not in the last few weeks.
    My guess is that you are not one bit genuine and are more than likely an Agent trying to sell another development.
    There are quite a number of people on this forum posing as genuine buyers and are in fact Agents and are undermining Turnivest and doing their utmost in scaring the daylights out of the genuine buyers.
    I trust people will read between the lines as see who the scaremongers are. I think you should try some other antics to sell your properties and leave the genuine buyers use the forum.
    Spin


    Mac

    spin
    Member

    I dont think you have to be an expert to see exactly who you are and if the members look back on the posts here they will see quite clearly who made their points in bold and used threatening behaviour to other posters when they dident agree with you. Perhaps Daniel had a word with you and then you came back as MAC.
    Yes I was frightened before I travelled to Sal due to reading some of the posts here and was thinking of selling up but mainly over Solciitors bad service. I did make a last minute decision to go to Sal and I stayed in my own apartment so did not take up any offer for free hotel accomodation. Whilst I was there I was treated very well by Fabrizo and his staff and was happy with my apartment. I also agreed compensation so having been there I find it hard to believe that there is some people trying to make out something underhand is going on and it can be very frightening for people who purchased and have not been over there and are worrying in case they lose their apartments/investments.
    I think some of the problems are personal in so far as 12/24 months ago people paid 105k/115k for block C and they are now reduced to 95k. Yes that is tough but sort it out with your lawyers and not on the forum.
    The only big development in Santa Maria that is finished and occupied is Block A and B in Djasdal and Block C is well on its way – only other development near it is Villa Verde. So please chill out and relax and give us all a rest and let us enjoy our investments.
    I wont be answering any more of your insults so fire away – others ignored you previously so will I.
    Any guesses who MAC really is – Hint look for zero tolerance and insults in previous posts here !!!!
    Spin

    quote:


    Originally posted by MacLaughin

    Do I have to justify to yaa why I bought from Turinvest and NOt from another company?
    By the Way why did you decide to keep your apartment when you wanted to sell it so badly?

    Are you mad ’cause I didn’t buy from you, when you promised a good deal?

    I am sure you got a deal from Turinvest with your investigation. Was that a free stay in one of their hotel in Sal, as long as you come alone?

    keep up the good job!!!!

    Brain…Brain…Brain…similar to( ????????). Your conclusion are so genuine that I may say you are a genious! KEEP spin-ning your brain…

    Why don’t you do yourself a favor and crawl back to your hole…and consider yourself lucky ’cause my tolerance treshold is z-e-r-o regarding to idiots…

    Nice of you for siding with Turinvest and against an investor like yourself!

    quote:


    Originally posted by spin

    Hi Macloughlin,
    On the 4th December you posted that you were going with another company due to the problems and bad reputation of Turinvest. What made you change your mind and buy from Turinvest since. I’m sure Fabrizio can confirm if he sold you a property or not in the last few weeks.
    My guess is that you are not one bit genuine and are more than likely an Agent trying to sell another development.
    There are quite a number of people on this forum posing as genuine buyers and are in fact Agents and are undermining Turnivest and doing their utmost in scaring the daylights out of the genuine buyers.
    I trust people will read between the lines as see who the scaremongers are. I think you should try some other antics to sell your properties and leave the genuine buyers use the forum.
    Spin


    Mac


    maclaughin
    Member

    quote:


    Originally posted by spin

    I dont think you have to be an expert to see exactly who you are and if the members look back on the posts here they will see quite clearly who made their points in bold and used threatening behaviour to other posters when they dident agree with you. Perhaps Daniel had a word with you and then you came back as MAC.
    Yes I was frightened before I travelled to Sal due to reading some of the posts here and was thinking of selling up but mainly over Solciitors bad service. I did make a last minute decision to go to Sal and I stayed in my own apartment so did not take up any offer for free hotel accomodation. Whilst I was there I was treated very well by Fabrizo and his staff and was happy with my apartment. I also agreed compensation so having been there I find it hard to believe that there is some people trying to make out something underhand is going on and it can be very frightening for people who purchased and have not been over there and are worrying in case they lose their apartments/investments.
    I think some of the problems are personal in so far as 12/24 months ago people paid 105k/115k for block C and they are now reduced to 95k. Yes that is tough but sort it out with your lawyers and not on the forum.
    The only big development in Santa Maria that is finished and occupied is Block A and B in Djasdal and Block C is well on its way – only other development near it is Villa Verde. So please chill out and relax and give us all a rest and let us enjoy our investments.
    I wont be answering any more of your insults so fire away – others ignored you previously so will I.
    Any guesses who MAC really is – Hint look for zero tolerance and insults in previous posts here !!!!
    Spin


    Here you come playing victim…how pathetic! Did I answer your post? Did I point fingers to you? Go ####ck yourself!

    Disagreeing is fine, but making insinuations someone is a plant from another development, and calling names, etc. is a different story. Do you have a sense of what education really is? Which part of the world are you from?

    Instead of making insinuations about someone’s else post you should shut the $%#$ck up, and take care of your ##@@k’n %$#@@y! OK?

    I answered to Mr. Fabrizzio’s post NOT YOURS, you…[??]therefore if you had nothing else to say you should have kept the basement doors closed, because the 2nd floor nobody is home…

    That’s what a normal person would do.

    Now people can understand why you’re taking sides! You play with fire, then you get burned. Don’t complain idiot!

    Mac

    fabrizio
    Member

    Mr. Fabrizzio,

    Let’s shed some light here in presence of some facts. Are we facing some delay because high price for the materials and so on, or because Turinvest is involved in several other fronts of investment in Cape Verde and this is the end result? The delays are due to several factors of which I spoke already. It is not true that Turinvest is involved in several fronts. At the moment we are focused in completing the first phase of Moradias.

    Correct me if I am wrong but you didn’t start building Blocks A, B, C, unless you had sold the majority of the apartments. Am I right or wrong? Very wrong. At the time cash flow was excellent and when we started building B, C, D and E we had only sold block A and about 80% of block B

    By the same token I assume you should have locked a contract with the suppliers for the construction materials before this crisis started. That way the price increase would NOT have affected Turinvest, since the cost would be picked up by the suppliers. If Turinvest hasn’t done so, who is to blame? The only thing we locked was the structure costs in terms of workmanship. Materials, fuel,transportation and so on were effected. I think neither you nor I can teach or inpose how to handle these things to the coompany. I also think that you can’t blame Turinvest for the global crunch and its consequences.

    I honestly believe one of major reason that most of people, including myself invested with Turinvest was the Water Park as part of the attraction. Otherwise, a lot people would seriously consider other options. If this infrastructure is not going to be built, the property values will decrease with major deception for the investors. The water Park is not an issue, will be built. As you may understand the actual priority are the buildings. I think that Turinvest was and it is still the best option considering what is happening here with most of the developers. And believe you have not seen the worst of it yet.

    I am sure you don’t consider any investor lucky, just because Turinvest is still going with the constructions. An almost 2 year delay is a major loss for any investors that are paying high ingterest rate on the loans made, when they could be paying nothing, or have their cash invested accruing some interest. Of course I don’t consider this an favourable situation for anybody. I just think that could have been a lot worst. Depends if you look at a “glass half full or half empty”.

    All things considered the investors are the big Loosers and NOT Turinvest, who had other business alternatives, and NOT considering the Customers(investors) Interest as top priority like in any other Country in the world with a sense of business! I guess in Cape Verde Customer interest is NOT in the books… Dear Mac, we all are looser including Turinvest. What we all need to do is work hard to make thing the best as possible. COmplaints, regerets, sorrow, is a waste of energy and does not solve problems.

    In your post you said …”if we will start selling a few more properties…”, can you be a bit more specific? I mean what if you don’t sell more properties? If we dont we keep building at this pace the issue is not stop working, it is implementing ground force for speeding completion.

    Can’t you see that people got scared of what has been done to others? Sorry but I don’t understand what you mean in this sentence. What has been exactly done to others?

    Regards

    FAbrizio
    [/quote]

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