Demora, demora, demora – Delays, Delays, Delays and more Delays – it often makes clients echo John Cleese sentiments when talking about Gondolas in Venice …."Gondolas Gondolas and more ###### gondolas!!!"In all our experience this is the one word that raises its head with incredible familiarity – why is this such a frequent issue people ask us at Snagging Overseas?
Fundamentally it should be relatively straightforward for developers to actually complete the construction and the build itself. Therefore there must be other reasons to consider when looking at the excuses…sorry... the actual root cause!
Bureaucratic – National and European laws are constantly changing in a bid to ensure that property owners and holiday makers are safely catered for in their respective accommodations. Whilst these are effective and positive steps they can take time to filter through the bureaucratic system and instead of getting the speed of Usain Bolt it often manifests itself at the warp factor pace of a small frozen perfectly preserved mammoth!!
Let's take an example, the huge landmark, yes landmark, NOT white elephant, that is Oceanville in Albufeira has been plagued by regulation changes during its inception and construction. So much so that the confusion surrounding the various licenses – there to protect owners and meet safety criteria – has changed so much it’s obviously significantly affected the developer’s ability to complete, open and operate. How the owners must rest easily knowing that they thus protected!
The actual coming together of numerous Government run departments tasked with the role of ensuring that all building regulations, construction, health and safety issues - fire, gas, water, residential and touristic plus many other areas - are met can be somewhat complicated! Add to the “Manha”, “Amanha”, “Ish” factor mindset and it would seem likely that it would be a miracle of the Hannah Montana scale to culminate on time and work in tandem! As you know the Spanish word for tomorrow is “Manha “– in Portugal we often joke that we do not have a word for the same "level of urgency"!.
Financial – Such delays obviously have a significant impact on a developer’s ability to function during the final process to completion and title deeds. The final payment you make will generally be made up of the developer’s profit and their repayments to banks, business partners and financial institutions that helped fund the project.
Today’s Global climate has evidently not contributed much to the situation. Although the major players are weary of mentioning that “green roots “are starting to grow it is clear in our areas of operation that property is still moving (albeit at Small Mammoth pace!) And will in our opinion rise “out of the ashes” like Philip Glenister fired up in the Quattro! Now he’d make a great developer!
Weather and
Materials –
The actual coming together of numerous Government run departments tasked with the role of ensuring that all building regulations, construction, health and safety issues - fire, gas, water, residential and touristic plus many other areas - are met can be somewhat complicated! Add to the “Manha”, “Amanha”, “Ish” factor mindset and it would seem likely that it would be a miracle of the Hannah Montana scale to culminate on time and work in tandem! As you know the Spanish word for tomorrow is “Manha “– in Portugal we often joke that we do not have a word for the same "level of urgency"!.
Financial – Such delays obviously have a significant impact on a developer’s ability to function during the final process to completion and title deeds. The final payment you make will generally be made up of the developer’s profit and their repayments to banks, business partners and financial institutions that helped fund the project.
Today’s Global climate has evidently not contributed much to the situation. Although the major players are weary of mentioning that “green roots “are starting to grow it is clear in our areas of operation that property is still moving (albeit at Small Mammoth pace!) And will in our opinion rise “out of the ashes” like Philip Glenister fired up in the Quattro! Now he’d make a great developer!
Weather and
Materials – Picture a beautiful tropical island with an abundance of sand. Imagine a resort being delayed because it has the wrong type of sand? Is this a British Rail project?! Seriously this can and does happen as is evident in Cape Verde. Whatever really happened behind the scenes, and we may never know the answer to that one! But who would want their properties to collapse like the England Middle Order?!
What ever reasons there are and whatever “excuses “are given it can be understandable if you suffer from great difficulty in remembering the reasons for purchasing property in the first place. If you can hang in and hold on remember it’s vital after what you have been through to finalize the process correctly and utilize the services of a professional experienced snagging company. And that’s where we join your party.
Anyway, they say that proverbs and sayings form the rich backbone of our society, so what happened to "better late than never"?
What ever reasons there are and whatever “excuses “are given it can be understandable if you suffer from great difficulty in remembering the reasons for purchasing property in the first place. If you can hang in and hold on remember it’s vital after what you have been through to finalize the process correctly and utilize the services of a professional experienced snagging company. And that’s where we join your party.
Anyway, they say that proverbs and sayings form the rich backbone of our society, so what happened to "better late than never"?
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