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 Post subject: San Sostene July 09
PostPosted: July 6th, 2009, 9:32 pm 
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Joined: May 22nd, 2008, 12:51 pm
Posts: 4
Hello
Just posting a couple of photos that Rosalind from the forum took recently.
Thanks Rosalind!


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 Post subject: Re: San Sostene July 09
PostPosted: July 6th, 2009, 11:09 pm 
Is this the VFI development near Saverato ?, Were the photographs taken on a Sunday ?. Personally I always like to see something happening people working on site and so forth, some building equipment perhaps.I understand the new extended completion date, has now gone from July to December 2009.Apparently now is a good time to order a furniture package from VfI.Personally the development looks a long way off to me to getting completed,but that is only my view, and i will be delighted, particularly for the clients for if i am proven wrong.


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 Post subject: Re: San Sostene July 09
PostPosted: July 7th, 2009, 10:48 am 
You are correct, it does look quiet but all the activity was at the rear of the site where large plant was parked. I counted 4 workers, better to have them on site then none at all.

On the site Thursday and Friday of last week and workers on both days. It is a long way off completion but do not forget most of the contracts have a 6 month window. So long as it is completed I will be one happy investor.


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 Post subject: Re: San Sostene July 09
PostPosted: July 13th, 2009, 7:23 am 
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Joined: February 20th, 2009, 2:23 pm
Posts: 3
you have more chance of being struck by lightning,the talk is already of 2010 and looking at the pics more like 2011 more like..


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 Post subject: Re: San Sostene July 09
PostPosted: July 16th, 2009, 10:48 pm 
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Joined: April 7th, 2008, 10:06 am
Posts: 369
Although we haven't gone ahead with purchasing in San Sostene, the date for completion given to us in April 2008 was Sept. 2110.

So, hopefully no need to panic yet.

Maybe completion was never intended for 2009.

The views from this site are spectacular. There is a local bus to take you to the village and beyond.

A town with good selections of shops nearby.

Visited San Sostene one year later in April 2009 and thought that the whole village had improved so much in terms of new private builds.

mags


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 Post subject: Re: San Sostene July 09
PostPosted: July 17th, 2009, 7:13 am 
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Joined: May 8th, 2007, 8:50 pm
Posts: 230
Location: Hampshire & Zambrone
Blimey you have a lot of patience to be able to wait 102 years :lol:


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 Post subject: Re: San Sostene July 09
PostPosted: July 17th, 2009, 7:16 am 
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Joined: January 25th, 2008, 8:35 pm
Posts: 1482
Location: Herefordshire/Badolato
have'nt you heard of the Italian word/expression domani

A slight finger slippage in typing I suspect, may be a fellow sufferer from sore finger syndrome scrolling up and down.


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 Post subject: Re: San Sostene July 09
PostPosted: July 17th, 2009, 8:27 am 
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Joined: February 20th, 2009, 2:23 pm
Posts: 3
trust me it is well worth the wait, beautiful place stunning views a real cracker.but due to recent events i just hope we dont all get "shafted"


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 Post subject: Re: San Sostene July 09
PostPosted: July 17th, 2009, 11:37 am 
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Posts: 369
Yes, typing error...should have been 2010.

It was the photo that Ionian posted that put me off concentrating !!!
mags


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 Post subject: Re: San Sostene July 09
PostPosted: July 20th, 2009, 11:45 am 
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Joined: June 5th, 2008, 12:07 pm
Posts: 46
Strange but it seems like a huge wind farm is going behind resort.

http://www.falckrenewables.com/projects/projects/index/3

interesting link.


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 Post subject: Re: San Sostene July 09
PostPosted: July 20th, 2009, 1:32 pm 
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Joined: January 25th, 2008, 8:35 pm
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Location: Herefordshire/Badolato
cannot say I noticed any wind turbines there the other day but will ask husband to have a look at the sky line when he goes to Davoli this pm Me I'm off to the beach.

Just for interest it has been really, really windy here for 2 days, but calm today. temperatures due to reach 30+ by end of week.


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 Post subject: Re: San Sostene July 09
PostPosted: July 20th, 2009, 1:45 pm 
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Joined: January 25th, 2008, 8:35 pm
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Location: Herefordshire/Badolato
thinking a bit more, I remarked on the number of new wind turbines you can see on one of my trips to the airport. On the left hand side as you go towards LM , on right coming to Catonzaro. they may be far enough over to be on San Sostene land and are operational which the SS ones are meant to be now.


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 Post subject: Re: San Sostene July 09
PostPosted: July 20th, 2009, 2:53 pm 
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Joined: May 6th, 2009, 4:36 pm
Posts: 76
I know nothing about VFI but personally unless you pay by credit card and are covered in that way I would be very wary of handing money over to any of these firms.

A lot of these packages are expensive and they don't always deliver when they say they will.

Someone in our development was still waiting in June this year (he completed in October) for his furniture package from MRI.



investor500 wrote:
Is this the VFI development near Saverato ?, Were the photographs taken on a Sunday ?. Personally I always like to see something happening people working on site and so forth, some building equipment perhaps.I understand the new extended completion date, has now gone from July to December 2009.Apparently now is a good time to order a furniture package from VfI.Personally the development looks a long way off to me to getting completed,but that is only my view, and i will be delighted, particularly for the clients for if i am proven wrong.


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 Post subject: Re: San Sostene July 09
PostPosted: July 20th, 2009, 3:17 pm 
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Joined: May 8th, 2007, 8:50 pm
Posts: 230
Location: Hampshire & Zambrone
I read somewhere that VFI have cancelled their furniture pack contract with Lindsay Moore and are not offering an alternative. So perhaps people should be wary of placing any orders with these people.


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 Post subject: Re: San Sostene July 09
PostPosted: July 22nd, 2009, 7:24 pm 
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Joined: April 7th, 2008, 10:06 am
Posts: 369
Re Wind Turbines

There are quite a few sites, if you google them, re. wind turbines at San Sostene and have been on the web for some time now.

If memory serves me correctly, the welcome to San Sostene road signs , mention the turbines. Or maybe I have read that is what the plan to do i.e. put that message on the road signs.

The area around the building is so vast that turbines could be errected and not seen by those buying there if they are put in a discrete place. Would think that turbines have to be built so many metres away from houses?

mags


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 Post subject: Re: San Sostene July 09
PostPosted: July 22nd, 2009, 7:24 pm 
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Joined: April 7th, 2008, 10:06 am
Posts: 369
Re Wind Turbines

There are quite a few sites, if you google them, re. wind turbines at San Sostene and have been on the web for some time now.

If memory serves me correctly, the welcome to San Sostene road signs , mention the turbines. Or maybe I have read that is what the plan to do i.e. put that message on the road signs.

The area around the building is so vast that turbines could be errected and not seen by those buying there if they are put in a discrete place. Would think that turbines have to be built so many metres away from houses?

mags


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 Post subject: Re: San Sostene July 09
PostPosted: July 24th, 2009, 9:52 pm 
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Joined: July 24th, 2009, 9:39 pm
Posts: 2
Hello all,

We are new to this site and eager for some news as VFI share nothing.

We have have bought in San Sostene and were originally told completion was for Oct 2009. I spoke to Daniela at VFI today and she confirms Dec 2009 is the new completion date "for the moment". We have arranged a mtg with Barclays Italy and their property inspector was informed by VFI that likely completion would be Mar / Apr 2010.

Does anyone have any other info on completion??


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 Post subject: Re: San Sostene July 09
PostPosted: July 25th, 2009, 10:31 am 
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Joined: January 28th, 2009, 11:35 am
Posts: 1
Hi all,
This is a legal question I know, but isn't there a clause in our contracts that imposes penalties on the developer if completion goes beyond the stated dates ie; Oct 2009 ?

Regards,

Paul,


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 Post subject: Re: San Sostene July 09
PostPosted: July 25th, 2009, 11:23 am 
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Joined: January 25th, 2008, 8:35 pm
Posts: 1482
Location: Herefordshire/Badolato
firstly, you should have an English translation of your contract, if you do not consult your sol.

If you are buying up on the hill at SS I very much doubt that they will be ready by Dec 09. They are just the shells, no walls inbetween apartments, first fixing etc., I can see from the photos. If they do go all out for completion then, they cannot rush it too much or they will have to do things twice, ie. tiling as it dries out and raises the surfaces.

Sorry


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 Post subject: San Sostene with VFI
PostPosted: July 27th, 2009, 8:50 pm 
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Joined: July 24th, 2009, 9:39 pm
Posts: 2
Hello folks,

Thanks for the comments. I have checked our contract and it says completion by 31/10/09, which as you say is not going to happen.

We are also unhappy with VFI as their chap who escorted us around Calabria told us the info about the furniture packages, telling us they cost E3,000. Imagine our surprise when we were told the 3 options cost E5,000, E7,500 or E10,000. We had a Rep called Alex Cowe, he wasn't very good.

We went for the E7,500 package. We were shocked to read LIndsay Moore have gone bust. I emailed VFI Friday but have had no response yet, surprise surprise.


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 Post subject: Re: San Sostene July 09
PostPosted: July 27th, 2009, 9:40 pm 
I presume you did not pay Linsay Moore directly, as according to their website they have never recieved any payments for such orders,and perhaps directly to VFI instead,one has to be very careful when it comes to furniture packages particularly when purchasing well ahead of a realistic completion date,the fact the Jewel of the sea purchasers were contacted by VFI when it was common knowledge to most that their were problems seems to me more than a tad unethical.and i can assure you in my view this particular development is still a very long way off.I would be asking myself what would happen to my money if VFI went bust ! at this particular stage.


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 Post subject: Re: San Sostene July 09
PostPosted: August 2nd, 2009, 2:09 pm 
VFI has updated the San Sostene pictures

http://vfi-overseas-property.blogspot.c ... -2009.html


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 Post subject: Re: San Sostene July 09
PostPosted: August 31st, 2009, 2:22 pm 
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Joined: August 31st, 2009, 2:14 pm
Posts: 2
My friend took a lot of pictures of San Sostene in June. There was a little difference from what I have seen in April.
Even Antony (shareholder of VFI) told that there is no chances to finish before the end of 2009 - the most favourable dates are May 2010!!!
Meaning what I've heared from these people before and what I've seen at construction site - be prepared to get your property in 2011, if they will be lucky to finish it.
As for me - I have get out from this deal loosing my reservation payment, but this is much less then a total price of apartment.


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 Post subject: Re: San Sostene July 09
PostPosted: October 25th, 2010, 3:12 pm 
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Joined: October 21st, 2010, 9:46 pm
Posts: 4
Hello,

I use this post to put some pictures from San Sostene taken in October 2010 and I would like to ask if you can see some progress since there has been quite some various completion dates starting from December 2009 till the one advertised today: May 2011. the visit was in the weekend so this explained the lack of people on the site. Also it looks very ambitious to finish the site by May 2011 taken into account that the restaurant was not even started. Even for the apartments/town-houses it is still some work to do.

Looking forward to your comments.
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