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 Post subject: Le Terrazza, anyone?
PostPosted: September 12th, 2011, 6:27 pm 
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Joined: November 11th, 2009, 3:48 pm
Posts: 22
Hello all.

Just a quick call out out to all you 'Le Terrazza Di Pizzo' owners to say hello.

Looks like we may be completing soon, just waiting for all the legal stuff to go through...

Anyone else out there, who's bought there?

How is your progress?

Smiley
:D


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: September 16th, 2011, 7:50 am 
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Joined: November 6th, 2008, 1:16 pm
Posts: 22
Location: Russia
Hi
My name is Mike
in July I looked complex
now waiting for notarial certification
and search company for installation of kitchen
regards
mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: September 16th, 2011, 2:10 pm 
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Hi Reglament

We were under the impression that at least a hob and sink would be included in the price. We have seen from our snagging list that there is no kitchen at all, only a work top.

We are waiting for our power of attorney and final invoice.

We originally signed for the appartment in October 2009 ( when the finish date was December 2010). I have mentioned compensation for this to my solicitor, although I believe this may hold things up for us.

We have booked to go out in October again under the impression that it would be completed I have a feeling it may be another waisted journey!


However, still staying positive!!!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: September 16th, 2011, 5:58 pm 
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Joined: November 6th, 2008, 1:16 pm
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Location: Russia
please say me if developer will pay compensation
because my lawyer said that the Omega Constuctioni refuses to pay compensation to referring to force majeure


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: September 17th, 2011, 11:53 am 
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Posts: 22
Hi Mike
Are you going to have kitchen fitted before your final signing?
We were not sure whether to have air-con and cleaning done before we sign.
We are also going to be looking for a kitchen but I believe we will fit it ourselves after we have signed.
regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: September 19th, 2011, 6:39 am 
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Joined: November 6th, 2008, 1:16 pm
Posts: 22
Location: Russia
Hi Shelley
No, I think that developer is not give key of apartments befor final signing
but i finding company now because so many companies and the prices are very different. Sometimes differ by 2-3 times


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 4th, 2011, 2:36 pm 
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Posts: 22
Hi Mike

Have you had any news of completion?

We are still waiting for our power of attorney.

Not sure at this point weather it is because our lawyer is slow or there is a hold up.

Kind regards

Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 6th, 2011, 8:47 am 
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Joined: November 6th, 2008, 1:16 pm
Posts: 22
Location: Russia
Hi Shelley
Who is your lawyer? I have contract with LAbbatte
I have designed a power of attorney and sent to Italy
At present, the builder must finish all deficiencies on construction
After that, the lawyer will proceed to the design of a notarial contract
if everything was ok, it was possible to draw notarial agreement now
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 6th, 2011, 1:03 pm 
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Posts: 22
Hi Mike
Our lawyer is also L'abatte
We have only yesterday arranged a date to sign POA in Calabria for 20th October.
As we are in Italy then it has worked out out to be very convenient.
We did not find any defects within our property when it was snagged, so we are happy to go ahead with the agreement that all groundwork is done.

We were told that 10 days after final invoice is paid completion would take place.

Have you been over there recently has the pool or ground work been finished?

Regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 7th, 2011, 7:57 am 
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Joined: November 6th, 2008, 1:16 pm
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Location: Russia
Hi Shelley
I was there in late July
At that time the builders laid the asphalt
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 15th, 2011, 6:21 pm 
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Location: Russia
Hi Shelley
how do you do with signing the final contract?
there is specific information about the date?
I heard that there were problems between the VFI and the developer
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 27th, 2011, 12:26 pm 
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Posts: 22
Hi Mike

We have just returned from property.
We hae signed the POA and we have been given final invoice to purchace property.
We were told that it should be about November time to complete.
We are now having problems transfering our money from Barclays Italia to client account.

Development looked great with no problems, although the pool is not yet finished.
People seemed to be living in some of the apartments( the last few on the back row )

Regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 30th, 2011, 6:51 pm 
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Joined: November 6th, 2008, 1:16 pm
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Location: Russia
Hi Shelley
Sorry I did not know English very well: what is it "POA"?
thanks
regards
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 31st, 2011, 10:25 am 
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Joined: January 25th, 2008, 8:35 pm
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Location: Herefordshire/Badolato
Power of Attorney. ie you give some one the authority to act on your behalf. it should be limited to one thing only thou or you could lose everything!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: October 31st, 2011, 4:55 pm 
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Yes Mike, this is what it means!!

Your English is excellent , so please do not apologise for it!
Unfortunately, my knowledge of the Russian language is zero.
You may be interested that another Russian buyer has posted on the introduce yourself section in Russian. It has been translated by another user but I do not want to send a reply as they may not understand it. You may want to communicate with them.
They are talking of a hold up which I am not aware of. We were told that we may complete mid November.

Regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 1st, 2011, 8:30 pm 
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Joined: April 7th, 2008, 10:06 am
Posts: 370
P.O.A.
Surely if you grant POA, in Calabria, you are entrusting that person to oversee all your financial affairs?
Bit scarey to read you could lose everything.
mags


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 1st, 2011, 11:56 pm 
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Location: Herefordshire/Badolato
You shld never give a general poa to someone unless you want them to deal with ALL your affairs. To buy something,do a specific act on your behalf the poa shld specify that act etc.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 2nd, 2011, 9:29 am 
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Joined: November 11th, 2009, 3:48 pm
Posts: 22
I assume that your property purchase went very smoothly with the advise you are giving out!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 2nd, 2011, 9:34 am 
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Joined: January 25th, 2008, 8:35 pm
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yes thank you. glad you appreciate the advice and if it helps just one person we all on the forum will continue to give it.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 2nd, 2011, 11:13 am 
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Location: Russia
smiley wrote:
Yes Mike, this is what it means!!

You may be interested that another Russian buyer has posted on the introduce yourself section in Russian. It has been translated by another user but I do not want to send a reply as they may not understand it. You may want to communicate with them.
They are talking of a hold up which I am not aware of. We were told that we may complete mid November.

Regards Shelley


Hi Shelly
I know this woman. She live in Piterburg. I met her in July, when I was in Calabria. mid November??? Horror. Italians do not know how to work!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 3rd, 2011, 3:46 pm 
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Hi Mike

Have you been asked to pay your lawyers fees to L,Abbate yet?
We have received account details to pay from LTB Consulting in Tunisia which is slightly worrying
Checked the company out and cannot seem to find any information about them.
regards
Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 3rd, 2011, 6:49 pm 
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Joined: June 5th, 2007, 4:36 pm
Posts: 1105
Location: Italy
smiley wrote:
LTB Consulting in Tunisia which is slightly worrying


Understatement of the day!

Only pay to whoever has the title deeds to the property or land or has POA to do so, which may or may not be in Tunisia, but has to be verified to say the least.

Dennis.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 3rd, 2011, 7:15 pm 
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Hi Dennis

We have paid our final payment for property to the client account at L'Abbatte who has our POA.
It is the solicitor fees which they are asking us to pay into the Tunisian account.

Regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 7th, 2011, 5:57 am 
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Posts: 22
Location: Russia
smiley wrote:
Hi Dennis

We have paid our final payment for property to the client account at L'Abbatte who has our POA.
It is the solicitor fees which they are asking us to pay into the Tunisian account.

Regards Shelley


Hi Shelly
this is suspiciously
I paid in September at L'abbatte account: third payment, VAT and all fees
Ask L'abbatte to pay at their account or let them motivate why you are must to pay in Tunisia
What say L'abbatte, why Tunisia?
In Russia it is called tax evasion :))))
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 7th, 2011, 10:27 am 
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Joined: January 25th, 2008, 8:35 pm
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Location: Herefordshire/Badolato
If you are going over to complete take cash to pay them and get a receipt. what they do with the money afterwards is up to them.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 7th, 2011, 2:52 pm 
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Given the current crisis in the Eurozone it would be against our interest to help anyone evade tax. A large part of the problems of Greece and Italy is caused by their governments over-borrowing because of failures in tax collection. If you'd like to see the effects of a collapse on your property values, then help people not to pay their taxes, otherwise ...


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 7th, 2011, 6:06 pm 
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Hi Mike

Concerning the subject of paying solicitors fees...
We have paid our final payment for our property in the L'Abatte client account after we signed the POA.
It is only the solicitors fees which I am being asked to pay into another account in Tunisia.
L'Abatte have all the rest of our money awaiting final signing with notary. We have delayed paying the solicitors fees until the final signing was near.

Have you paid the final payment for the property into the solicitors client account?

Regards
Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 8th, 2011, 10:56 am 
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Joined: November 6th, 2008, 1:16 pm
Posts: 22
Location: Russia
Hi Shelley
regard to L'abbatte services:
I signed a contract with a representative of L'abbatte in Russia, and transferred money for lawyer services to the Russian law firm (subsidiary L'abbatte in Russia)
Residual payments for property - the final payment, notary services, VAT, connection of communications I transferred into bank account L'abbatte in Italy
if you being asked to pay into another account in Tunisia that this account must belong to L'abbatte (beneficiary of payment).
I did not understood you must pay in Tunisia only notary fee?
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 8th, 2011, 11:04 am 
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Location: Russia
gsullymorgan wrote:
Given the current crisis in the Eurozone it would be against our interest to help anyone evade tax. A large part of the problems of Greece and Italy is caused by their governments over-borrowing because of failures in tax collection. If you'd like to see the effects of a collapse on your property values, then help people not to pay their taxes, otherwise ...


Yes, it will begin to crash the banks of Italy and our last payment of property shall be burned up before reaching the notary signature :))))))


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 8th, 2011, 5:28 pm 
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I have to say I am also very very worried about what will happen to our money if the euro colapsed whist our money is in a lawyers account in Italy!

Will it be transfered into Lira and be worth nothing.

Lets just hope they hurry and get the notary signing sorted out so we do not have to worry!!

You would of thought they would be extra quick as I would imagine not may people would be wanting to invest in Italy right now.

Regards Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 9th, 2011, 7:46 am 
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Location: Russia
Italians are unaccustomed to work. they have a permanent holiday
Stores do not work half a day
to open a bank account in Russia - to a maximum of an hour, in Italy for 2 days I could not do it!
in this state lives half of Europe
while they are resting Africa wins in Europe. Soon 50% of the population will be from Libya, tunis and Algeria
South Europe needs a great crisis so that they woke up
the main thing that it was after the notarial sign)))


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 9th, 2011, 9:36 am 
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Reglament wrote:
Italians are unaccustomed to work. they have a permanent holiday
Stores do not work half a day
to open a bank account in Russia - to a maximum of an hour, in Italy for 2 days I could not do it!
in this state lives half of Europe
while they are resting Africa wins in Europe. Soon 50% of the population will be from Libya, tunis and Algeria
South Europe needs a great crisis so that they woke up
the main thing that it was after the notarial sign)))

------
a little harsh. our friends works from 7 am to lunch time, then comes back to work officially 3.3.0 but often is found working during that time, finishes when the work is completed.
There are lazy people everywhere.
The African point is a whole different question.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 9th, 2011, 12:37 pm 
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Joined: November 6th, 2008, 1:16 pm
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Location: Russia
Perhaps I have offended anyone, sorry
This summer I traveled from Moscow to almost all of Europe by car. as soon as I moved to Italy, the problems began - there is nowhere to eat and shops all closed. even to make a bank transfer I was told to wait for 4 hours. Passed a small storm on Friday and the Internet was lost in Naples for 2 days. was told that until Monday did not fix - weekend. In Germany after it was closed to the operator.
Same for the registration of property. In Germany, when I was buying real estate, it was much faster
I'm not saying anything bad about Italians - this is their way of life, but they live beyond their means


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 10th, 2011, 9:29 pm 
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Italy has indeed been living beyond its means for a very long time and now owes around 1.6 trillion pounds with interest that has broken the 7 % barrier, which is one of the main reasons Italy is now on the brink of financial meltdown.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 13th, 2011, 11:10 pm 
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But you can't fly over with cash, as the sniffer dogs at the airport and trained to sniff out large quantities of money....


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 17th, 2011, 1:07 pm 
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Location: Russia
anybody have any information about date of notary signing??


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 17th, 2011, 2:53 pm 
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Hi Mike

No notary signing yet. We have been told 10 days but I will believe that when I see it.
There are some new pictures on calabrian management services site, which look great.
It looks as though they have put plants and trees in the gardens and landscape , but still the pool is not complete.
THe solicitor has our money so there should be no hold ups. I think that there may be a lot of people signing from Pizzo Beach club during November and as there is only one notary so that could be holding things up.
I do feel as though we are the only people from La Terrazza communicating on the site. Other people have left messages but a long time ago!!
It would be nice to know if anybody else has signed.

Regards
Shelley


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 17th, 2011, 3:05 pm 
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gsullymorgan wrote:
Given the current crisis in the Eurozone it would be against our interest to help anyone evade tax. A large part of the problems of Greece and Italy is caused by their governments over-borrowing because of failures in tax collection. If you'd like to see the effects of a collapse on your property values, then help people not to pay their taxes, otherwise ...


Well said everyone should pay their Tax -it is a good thing to do and benefits everyone.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: November 17th, 2011, 5:07 pm 
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Location: Russia
Hi Shelley
I keep a link with four buyers from Russia - they hear only promises
Plant trees and to plant the grass - it's most needed now )))))
I agree with you, when only one notary for the whole Calabria, the process can go for years))) soon Euros will not, but they all pull the cat's tail !!!))))))
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: December 7th, 2011, 7:39 am 
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Location: Russia
Hi Shelley
How are you?
The lawyer told me that the contract is signed and submitted for registration
Mike


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: December 7th, 2011, 2:07 pm 
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"when only one notary for the whole Calabria" who told you this as it is not correct.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: December 7th, 2011, 8:45 pm 
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Hi Mike

Yes we have also had our contract signed at notary office. Its great news, it was signed on Monday along with I believe many others.
We have somebody picking keys up and we are arranging air-conditioning and deep cleaning.
Nice to finally own the property . We have had no problem with notary appointments, when we signed Power of Attorney and for final signing. We even didn't have to go any further than Vibo to sign.

Nice to hear you have also signed and are also finally a property owner in Calabria!!!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: December 7th, 2011, 9:59 pm 
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Congratulations on all who have completed well done :) :)


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: December 8th, 2011, 11:31 am 
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Location: Russia
Shelley, where you order kitchen and air conditioners?


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: January 23rd, 2012, 8:29 pm 
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Hi Mike

Sorry for delay!
We have used Calabrian Services for our Air-conditioning and we are installing our kitchen ourselves(bringing from UK).
Most of our furniture will be arriving from the Uk on a van.

I am wanting to buy a bbq as they seem very expensive in Italy. Are there any rules about charcoal bbq on rooftop balconies? Obviously, the initial flames and fumes are more furious when lit.
If we get a gas bbq here will it fit gas bottles in Italy?

Anyone out there know!


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: January 25th, 2012, 11:17 am 
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Rules on this and other issues are usually found in your condominio rules (if you have them that is!). There is a "food Neighbour" guide for people living in condominios on the internet that provides a good base for what you will likely find in a standard condominio rule document.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: January 25th, 2012, 2:34 pm 
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Love the idea of a "food neighbour" :D . You will need an "Italian" regulator. They are cheap and easy to find. Simply fit to the pipe that goes to your bbq and check for the absence of leaks with soapy water.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: January 25th, 2012, 4:34 pm 
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We gave our solicitors POA but with hind sight we would not do it again. It is not like giving your English solicitor the authority, where you are almost certain that your best interest will be applied and if not you have immediate and satisfactory redress.I remember weighing up the cost of a visit and the cost POA when funds and holiday time were limited and the fact that we did not speak the language very well so took the wrong option. At this stage in the procedings the greatest care is needed.


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 Post subject: Re: Le Terrazza, anyone?
PostPosted: January 25th, 2012, 4:45 pm 
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Sorry have posted this on wrong link. The sentiment is the same though!


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PostPosted: February 11th, 2012, 5:31 pm 
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Joined: March 12th, 2010, 6:11 pm
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Location: Pizzo, Calabria
A helpful hint:

To all new owners at Terrazza di pizzo.

As the development does not have any electric meters installed please be aware that the developer has a form that you can complete in order to be connected to the condominium electric.

make sure you contact the developer if you are visiting to ensure you have power.

If you need assistance with this please contact us at Calabrian Services in Pizzo.

See companies in Calabria

Paul and Lorraine - Calabrian services of Pizzo


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