Eurogroup have written to owners on the Domaine de Figuiere, St. Maxime demanding a 25% reduction in rent before any more rent is paid. They have not paid the quarterly rent in April and I assume will not pay again unless anyone is stupid enough to agree to this reduction.
Several owners are in the process of issuing CDPs to either get EG (or their comically named 'brand' Madame Vacances) to either pay up or get out of our apartments. From what I understand this process (post-CDP, assuming they don't pay) requires court action and is not cheap, so if there are any other owners out there please join our Facebook group, where we are sharing our progress on getting this parasitical organisation to pay up or get out.
Commentaires
raby (non vérifié)
Eurogroup rent reduction
13 Juillet 2012Hi chrisr,
can you please confirm the facebook group Name to join?
I am a Domaine de Figuiere owner and struggling with
EuroGroup.
Thanks.
chrisr
Eurogroup rent reduction
15 Juillet 2012Raby,
The FB group is Domaine de Figuiere - Proprietaires.
Regards,
Chris
raby (non vérifié)
Eurogroup rent reduction
23 Juillet 2012Good morning, I own an appartement in Domaine de Figuire in
Sainte maxime , and I just received an invoice from
EUROGroup about repairing the bay-window of my appartment.
this is a 2100 euros invoice!! Anybody received a similar
invoice? I am actually wondering how can a Large window
broke after only 8 years of construction ...these things
can hold for a life time....On top, I was there a couple of
weeks ago and didn't notice any problem.... Please share
your experiences....
Raby
Sienna
Eurogroup rent reduction
24 Juillet 2012I have a Eurogroup apt in Les Deux Alpes. We have just received email
stating that Eurogroup want to reduce our rents by 25% and have not
paid the last 2 quarters rent. Complete blackmail! Is there an
ombudsman/regulatory organisation in France that can support
leaseback owners in this position?
chrisr
Eurogroup rent reduction
24 Juillet 2012Sienna - It sounds like EG are trying the same trick in multiple developments, 25% reduction or no more money. I am not aware of an ombudsman, although there cannot be an industry where one is more needed. I think the only route is trying to issue a CDP and then court.
Raby - clearly a desperate measure to make some money. Either a holiday maker did it (and they should pay) or its a building fault which should be covered by warranty. We are still in dispute with Gerimmo/EG about the swimming pool which had to be repaired which of course the owners are being held liable for, even though we neither built nor maintain the pool. Don't pay them - hopefully this rotten company will fall into administration/liquidation before too long.
Chris
sutz
Eurogroup rent reduction
25 Juillet 2012Good luck with Eurogroup. They illegally occupied Residence Olympe when our first tenant (a Monnier company) went bust and we are taking action against them for compensation. Another development has already successfully obtained compensation from them for the same thing.
brockton
Eurogroup rent reduction
30 Juillet 2012Sienna
I am also a Les Deux Alpes co-owner. We are forming an association to fight them. We have the template letters necessary to get your rent paid.
Check out www.farandole-owners.co.uk
Kate