maxim bunglows in Juan Dolio

[kashbarker]

Originally Posted by kashbarker

To help with the answer to this question, I have been told that the property as is has a $59 mill value, Not sure what the taxes would be on that??

this is in response to the question asking what the taxes might be on this property. Hope this helps

[Thorvald]

Hi Matilda, it's me again!

It sounds like things are a bit slow still at the Maxim Bungalows. I'm getting ready to plan my December vacation. Think that Maxim Bungalows will be ready by then?

Thanks!

[Matilda]

Originally Posted by Thorvald

Hi Matilda, it's me again!

It sounds like things are a bit slow still at the Maxim Bungalows. I'm getting ready to plan my December vacation. Think that Maxim Bungalows will be ready by then?

Thanks!

In my humble opinion.....no way. Maybe December 2009 or 10 or 11 or..................

[kashbarker]

Originally Posted by Thorvald

Hi Matilda, it's me again!

It sounds like things are a bit slow still at the Maxim Bungalows. I'm getting ready to plan my December vacation. Think that Maxim Bungalows will be ready by then?

Thanks!

Go stay at the Maxim Bungalows in Cofresi, they are great... I too wish that the Juan Dolio Maxim would open, so I could stay there, but I agree with Matilda, that it will still be awhile based on the current trend.

[frank recktenwald]

Originally Posted by Thorvald

Hi Matilda, it's me again!

It sounds like things are a bit slow still at the Maxim Bungalows. I'm getting ready to plan my December vacation. Think that Maxim Bungalows will be ready by then?

Thanks!

Thorvald,
You always can stay with us at Costa del Sol 1 or 2

[mikey007]

great point frank

[bowhunter]

It has been a few weeks since I heard that anybody is working on the property. Is this still the case? Or are they just working very slowly? I'm hoping to visit the site next year.

[Investor]

Being from Canada and completely naive to government corruption, I initially thought that the delay in construction was attributable to poor sales.

The more that I think about it, I am starting to think that the problem may be more serious. Is it possible that the government has intervened on a foreign developer and is forcing their hand with unrealistic bribes?

[Conchman]

Originally Posted by Investor

Being from Canada and completely naive to government corruption, I initially thought that the delay in construction was attributable to poor sales.

The more that I think about it, I am starting to think that the problem may be more serious. Is it possible that the government has intervened on a foreign developer and is forcing their hand with unrealistic bribes?

They are out of money, very simple. Everybody knows this here on the North coast.

[bowhunter]

Originally Posted by Conchman

They are out of money, very simple. Everybody knows this here on the North coast.

How do you know they are out of money? I'm not on the North coast so I haven't heard this. Would you happen to know of any web sites or newspaper articles that mention it?