View Full Version : Developer Name Change

01-27-2011, 03:29 PM
Our developer was previously Broncho Promociones, S.L ( united Golf Resorts La Tercia ) in may of 2009 they changed their company name to Imagen Valencian SLU.

I have now found out that the company has again changed their name in Nov 2010 to FINCAS ALTABIX 2000, S.L.


This link above is the information.

What i would like to know is what does this mean to our community, where the developer owes a large substantail amount in community fees.

Does this mean that the developer cannot meet his obligations, i take it that the company is in financial difficulties?

They still own a large number of properties on the deveolpment that have not sold.

I guess it will be some time before these properties do sell in the present climate.

Is the deveolper likley to go out of business, in your opinion?

I do hope you can offer some advice on this