Search found 7 matches

by Penny7
Mon Mar 24, 2014 3:17 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

Hi Widge, you have misunderstood. I am not at all sensitive, nor am I an owner. My first answer was informative and hopefully helpful for Snaj1. Trying to read other things into it is of no help to anyone. I am sure you will have an excellent holiday Snaj1.

Regards

Penny7
by Penny7
Mon Mar 24, 2014 12:26 am
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

By looking back through the responses you will see that the question has already been answered.
by Penny7
Sun Mar 23, 2014 5:10 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

The facilities and salaries are paid for each month by the owners. Nothing has changed where that is concerned since the resort opened its doors and there is no intention of it doing so. There are no security issues. Everyone staying at the resort must check in at reception with their passports. Som...
by Penny7
Sun Mar 23, 2014 5:01 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

As they have purchased their apartments and hold the title deeds to them...... ? However the phrase was used to distinguish them from the investment company.
by Penny7
Sun Mar 23, 2014 12:52 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

The original question was regarding the fees the current management company are charging the private owners.
by Penny7
Sat Mar 22, 2014 8:22 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

It is very doubtful that the investment company will walk away. It would be equivalent to the private owners walking away from their investment. To my knowledge the properties are freehold ownership.
by Penny7
Fri Mar 21, 2014 6:59 pm
Forum: General Carvoeiro
Topic: Monte Santo Resort
Replies: 29
Views: 27267

Re: Monte Santo Resort

The current Management Company at the Resort has been put in place by the Investment Company who are now the larger share holders since Imocom (the company who built the resort) went into liquidation approx 2 years ago. Imocom had their own management company in place for approx 3 years and during t...