HI,

Ash, I've sent you the photos of the finishes I received from Athena.  Could you please add them to your web page with the other photos.  Thanks.

Elaine

HI,

Sorry I've been on holiday for the past week, but sadly not Cyprus.  I don't have access to the options that Athena sent me tonight but will post these as soon as I get access to where I've stored the photos.  There was no further charge for the options that I have chosen,  I don't think there will be even if you decide to go for non standard tiles and kitchen finishes, not sure 100% though.

Regards

Elaine

Hi

   As any body got any good contacts for car hire as i will be in pegia soon. I will put some feedback on the status of the build and also put some more up to date pictures on upon my return.

Cheers

             Mike.

HI,

If you are buying for investment and to let out Athena advised using the standard finishes as these are better to maintain, replace and are easier to find.  As soon as you move to colours and / or different designs, they become a maintenance headache.  There are still 4 types of wood to choose from for the kitchen door front, two types of granite and two colours of tiles for the bathroom.  For the floors and the balcony there was only one standard tile.  Although there are many more designs and colours available if you want to go for non standard options.

Elaine

Hi,

Just been looking at the photos from Athena, it does look like block C. Going to make a descision on the the tiles etc this weekend. What did Athena advise on the choice combinations?

Cheers

Kevin

Hi,

I've now picked all my finishes, tiles, worktops and kitchen unit door fronts.  It all seems so real now.  I must say Athena from Paschali Developers has been very helpful in pointing me in the right direction of what will work best for investment purposes.  I was really pleased to see that they use granite worktops in the kitchen.  They are so much more hard wearing than laminate or wooden worktops and look so much better.

Now I must think about the furniture packages and what will work best.

Yes I agree the photos are of Block C, I have bought a one bedroom apartment in Block C and I can pinpoint which one is mine!

Hope everything is working out well for you all.

Elaine

Hi

Thanks for the photos Elaine, Ash.  Good to see pogress being made and it looks like the builders are working through the summer.

We think the photos show block C - photo 4 shows the side view and the road leading up to Christina.

Best regards

Sue and Robert

Hi,

Athena from Paschali Developers has just sent me more photos of the site.  Progress is really coming on now and the ground floor looks nearly built.  With all this rain we've been having recently it was good to see the sun shining at least somewhere.

Ash, I've sent you the 5 photos, could you please add them to the other website that you told us about so that others can see them.  I'll send more when I get them.

Thanks

Elaine

Thanks Ash, at least now everyone can see the photos.  Athena did say she would send me more at the end of the month.  I'll forward them onto you.

Elaine

Hi Ash,

I've just sent you the 5 photos, maybe you will have more luck in posting them on the progress photos site.

Elaine

Hi all

We have just been told by our friends in Cyprus that the foundations are in for the bottom row.  Lorries and diggers are everywhere.

Best regards

Sue and Robert

I have posted five progress photos on the 'progress photos' website.  I just received them from Athena, Paschali Developers.  They were taken on 4th July, and more photos should be coming at the end of the month. 

It looks like the road infrastructure is being put in place first, although actual building work has not been carried out as yet.  I will post more when I receive them.

Elaine

her buisness is still running spoke to them today they said she be back tuesday but didnt say where she was didnt want to ask because they wouldnt have told me i suppose

A female solicitor has been jailed for motoring offences Her name is E. Lemoniati,

Read the 'Cyprus Mail'

Hi All

MRI currently recommend TALA DESIGN VILLAGE on Mesogi Avenue, Paphos, for the furniture package which looked reasonably good quality when we were taken to see it earlier this month but I have no idea how it compares with other providers of similar packages.  We have no further interest in this recommendation, however, as you have probably realised.

However, a quick word of caution to all of you using this forum.  Only truthful and verifiable experiences of using MRI, Paschali, Lemoniati, et al should be posted on this message board to avoid making any statements that could be actionable by Paschali's lawyer.

If in doubt, always seek legal advice from an INDEPENDENT law firm.

Cheers.

Hi everyone, I'm new to this forum and to the cyprus property market so I would be grateful if anyone could help me answer a few questions. I currently have a 3 bed appartment completing feb 09. A company called ready rental property has been looking for my buisness, has anybody heard of them good or bad? Also I have heard of a company located in cyprus called Steptoe for furniture packages, can anybody recommed them or perhaps any other furniture companys?

Thanks

Ash

To be strictly PC, you should have said "bedpersons" !! but thanks for your kind comments.

Hello Ash,

You'd better stick with it now and hope for the best.  It is unlikely Paschali will go bust and lose you your investment but very likely they will be late completing the development and hence lose you your rental income in 2009 if rental is what you were hoping to achieve.

The contractual damages payable are woefully inadequate but Paschali have refused to increase these when I challenged this clause in the Contract.  Your independent lawyer (who incidentally we now both share) is best placed to advise you whether you can sue for consequential losses.

I am also planning to complain to MRI and the Cyprus Bar Association about the contractual misfeasance we have encountered, so I wish you every success.

Hi shirleyca

We have had to cancel our purchase on Andriana 2 since the Contract of Sale with Paschali had about a dozen unacceptable aspects which left us with little or no legal protection if, for example, the developer went into receivership having drawn down most or all of the stage payments which were allocated by dates rather than by percentages of completion.

MRI told us while we were in Paphos that Andriana 2 would not be started until this time next year.  This meant that according to the Contract, Paschali could draw down 60% of the purchase price (which includes their own profit of course) during the next 12 months to add to the 15% deposit (which, by the way, we refused to complete) thus giving themselves a total of 75% of the purchase price without even setting foot on the construction site.

Having discovered, as you have, that there are other aspects apart from the Contract which give real cause for concern regarding neutrality, we have dismissed Lemoniati lawyers this week and have instructed alternative lawyers in Limassol who we know from our own due diligence are totally transparent and independent and who are astonished that MRI are still taking clients to Lemoniati.  (Try searching Lemoniati on Google incidentally)

Please send me your private email address if you wish to continue this correspondence.

Those of you who have a Contract of Sale with Paschalis Holdings Ltd will be interested to hear that clause 16.5 has apparently been outlawed by the Paphos District Court in a successful test case where a Developer was ordered to reimburse a Purchaser the cancellation charges imposed for re-selling the property before getting the Title Deeds.

You can read all about this case under the heading: "Another scam bites the dust?"  if you go to www.news.cyprus-property-buyers.com  which also has a lot more good stuff like this.

(To date, this penalty clause still remains in Paschalis Holdings Ltd. Contracts of Sale.)

Hi there 569124354,

Your Contract of Sale should tell you (usually around clause 6.4 on page 7) how much you can claim per month from the developer via your lawyer.  If your Contract states €341.72 as most do, this is woefully inadequate and should have been negotiated upwards to the sort of rental income you would expect on average at the time of year you would have been letting the apartment or living in it if that is your purpose.

There is the possibility that you could sue the developer for 'consequential losses' which would be the difference between the damages available to you and the rental income you might have expected.  However, in the UK this is not usual because the liquidated damages should have already taken rental income into account and is a pre-agreed level of compensation acceptable to both parties once and for all.

Alternatively you can accept another property to the same standard but, if the whole site has not been started, this option would not be worth the paper its written on!  Which is why it is important to get INDEPENDENT lawyers to act for you as most others are in some way seeking repeat business from developers they currently have on their books.

The delay at Christina Hilltop Appts. appears to be entirely down to the expansion of the development at the initiative of Paschali as there were insufficient studios for the demand.

Ashish,

The email address you kindly supplied has come back as an error message stating "This person has no bt internet account" so I am unable to send you my reply.  Can you advise?

Regards.

Hi Guys

My wife and I visited Paphos last weekend as guests of MRI.  We were interested in buying a property in Andriana 2 which we eventually did but during our visit we were taken to Christina Hilltop to view the site you are all concerned about.  It was abundantly clear that no work had started and it was hard to see how this site could be completed by early 2009.

  We were offered two additional studios at Christina Hilltop and were told these were extra studios to the original planning consent which was why there was a significant delay to the project as the swimming pool had to be relocated to make room for these studios and a futher tier of apartments had been added above the topmost  tier on the original Hilltop plan.  We liked the view but did not feel inclined to add two more studios to our portfolio at that stage.

  If as seems likely there will be a significant delay to the completion date, the developer has 45 days further 'grace' after which he can be charged liquidated damages according to the Contract of Sale.  Hope this clarifies some of your concerns.

Hi all

Some good news!

My sister went to the site today.  All the scaffolding has gone and the site has all been marked out.  So it looks like work is finally starting.

When we spoke to Athena a couple of weeks ago she said we could expect to see foundations going in by the end of June.

Delivery is now due by April 2009, although Athena said May (to be on the safe side). (We found Athena very helpful when we were out there - we've even chosen our tiles!)

Best regards

Sue and Robert

Ash

Didnt get time to go to Paschali as it was Easter and everything closes down. I think most developments are behind especially now because of the water situation. I dont think we will get delivery in Feb next year. Do you have an update from the builders when completion might be.

We are going back in June so will check out the site again.

Julia

Just got back from Christina Hilltop Aparts today 7th May at 1045am

Nothing has started and all the shuttering that is there is not for our development but for the building on the corner

Regards

  John

Ash i have sent you email with the pics i took today

Hi all

just got back from Cyprus today. Went to the site and yes, no work started although planks of wood are there for the start of construction.

As it has just been Easter and now May day bank holiday nothing will get started until next week.

Returning in June so will keep you up to date with development.

Furniture packages - steptoes do a varied collection. can view on the web. but can remember the address. Just google it.

Hi everyone

Something positive at last ! (although we also were also led to believe completion Feb 2009)

We are also  interested in any furniture packages that anyone knows of - please send a PM with any details.

We hope to be out October half term, hopefully will actually see some building by then..........

regards

Hi Caliam

Good to hear some progress is being made.

We were told delivery was scheduled for February 2009 so from what you've been told it should be ready March 2009, although that sounds a tad optimistic!.

We are out in Cyprus in a few weeks time so will take some photos and post to this site.

It would be good if you could also PM us and let us know what you've found out about furniture packages.

Best regards

Sue and Robert