holiday home

OK so maybe it wasn’t her fault – but this is a fairly odd story – even by real estate standards!


An eco-friendly luxury holiday is on the market in New Zealand’s remote Stewart Island. The Christchurch based owners, hire upmarket Merivale Harcourts in Christchurch to market the property and agent Gail Hudson went for an overnight site visit.  Spending a couple of nights in the house you are selling may sound odd- but in fact it makes good sense in this case because Stewart Island is really a whole day’s trip from Christchurch – and there is limited accommodation options.

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Aifos, holiday home developer based in Marbella, has been forced into receivership by one of its creditors. One does wonder how they managed to avoid this for so long, and it was the action of a single creditor that forced the issue. Considering the company has studiously managed to avoid handing over any finished properties for years, it comes as no great surprise. Aifos’s many disappointed customers, some of whom made payments as much as 7 years ago and still have no home to show for their payments, will need to act sharply if they wish to avoid losing all hope of recovering their money.

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