Diarmaid Condon’s blog – for independent commentary and analysis on what is happening in the overseas property industry.
It appears that Irish Banks are sending out threatening Christmas Letters to intimidate clients during an emotive and financially challenging period of the year. Is this a deliberate bank tactic? It would appear so.
Michael Lynn to be Pursued by Law Society for losses accrued by the society following fraudulent activity by the former solicitor, now resident in Brazil.
Tom Sheehy of Cape Verde Development, has been making a number of appearances in the Irish media recently. This is the second time he’s feature in Phoenix Magazine’s Hot Water Brigade section.
Banners Broker and the tour the company is undertaking is all over Ireland at the moment. Is this a genuine business opportunity or just a scam?
Athlone based TJ Developments promoted and was to develop Moy Holiday Village, in Kavarna along Bulgaria’s Black Sea coastline. The development was to commence construction in 2007 and complete in 2009. Apparently it did neither. Investors are, understandably, not amused.
A client of MRI Overseas Property has issued a press release looking for investors in the Cabonuba development on Sal, Cape Verde. It is intended to take a class action against MRI to recover funds invested in the project.
The Irish Department of Foreign Affairs has eventually gotten around to allowing Online Passport Application – and not before time.
Phoenix Magazine features ‘Tom Sheehy’s Trouble in Paradise’ outlining the Clonakilty native’s ongoing battles with former partners in the Atlantic archipelago of Cape Verde, in Portugal and in Ireland.
The Sunday Business Post featured the formation of the Monte Gordo Buyers Group which has been highlighted on this site previously. Property editor Michelle Devane interviews former Cork football manager, Billy Morgan, who is one of the members of the group.
Russian company, Greenfield Trading, is to meet the Dubai Action Group, to discuss common ground. The group invested $70m in Dubai Sports City plot which couldn’t subsequently be developed.
