Real Estate / Luksa - Big problems with developer in Lwowska, Krakow [79]

Hello everyone,

we have heard that demolition is now underway on site, this information came from Neodom, has anyone heard anything new or can confirm this is the case.

many thanks.

Real Estate / Luksa - Big problems with developer in Lwowska, Krakow [79]

Morning all,

just found this link and we are in Lwowska as well ! our lawyer has been chasing and chasing Luska for months to get some sort of answers, they 'lost' our expenses claim more times than i care to remember. We have set them a deadline of 15th May and then we're taking them to court... another lengthy process im told. On the up side, Im assured by our lawyer that they cannot sell the land as certainly we did and im sure others did register our interests on the land registry. I think the money will come back at some point, but probably only when the developer wants to either sell or pull his finger out and actually build something there.

This is a real shame because we have some other investments in Krakow that have done very well indeed, you win some you lose some i guess !