I was trying to link to your post and put it here but there was no way to link that post from RedWeek. I am glad you found us here and posted updated pictures.
We do not own at this resort but went to see it a few months ago and I posted some pictures (post #656) too. It doesn't look like much has been done since then.
We did a tour at the Grand Mayan and I mentioned this resort. The salesman told us something that I didn't know so may be you can find this out at the meeting. If this is true then people don't need to worry so much about getting their money back.
I asked a real estate person recently if this is true and he told me that this is common practice in Mexico. Before a timeshare or any other developer can get any permits to build a resort or project, they have to place a bond for the amount to construct the whole project. In other words, the money is there right from the start. This is in case they do not finish the project or run away with the money. This should be good news for anyone who bought there unless the developer sold more contracts then there is time for but I doubt that.
If I were a buyer here, I would contact Profeco and ask for the money back because it isn't going to be ready this year either unless they have miracle workers starting to complete the project. The model unit looks nice but it so close to the airport and not even in close walking distance of the beach or the shops and restaurants in the marina. It doesn't have a resort feeling to me but it is far from finished yet.
I remember them showing us many extra perks that come with the purchase but will it always be free as long as the contract is good for? The other companies can go out of business and what will replace the same perks free of charge after that? A lot of timeshare resorts offer perks but not many are completely free unless you pay a lot of money for the contract. I really don't know much detail about the prices or what came with the contract because we didn't take a tour.
Can you find out if a bond was placed and that people are protected and will get their money back in case the project doesn't get completed or the developer runs away with the money. I hope that the buyers are protected but I would try to be one of the first ones on the list to get all the money back. You can always buy again when the resort is completed but there are so many other options too.
There is also the
American Consulate in the Paradise Village Mall where you can ask what to do and their web page has some good referral links. They have been helpful to us in the past but their hours are short.
