Although Porto Cupecoy is late in completion, as many construction projects are, we have always maintained the highest quality standards for construction and have been described as the finest residential development in the Caribbean. Our unique Mediterranean design continues to be a success with buyers, resulting in 14 homes sold over the past 16 weeks.

Over 100 homes have already been sold at Porto Cupecoy, and families are now beginning to move into the community. Including February’s sales, we have now sold 75% of Phases 1 – 4, due in part to our attractive price point of $400,000 to $1,300,000.

We do have units that have not been offered for sale at this time, because they are located in the remaining 2 phases which are currently under active construction.

It is of paramount importance to us to create an exceptional experience for our homebuyers and homeowners. And while we more than anyone would like to close on homes, we are most concerned with completing the project to the highest level of quality.

The Porto Cupecoy team is working hard every day to exceed our customer’s expectations. And, we remain committed to doing just that.

Having said all that, we are very sorry that we have not meet the expectations of Mr. and Mrs. Morriss and are contacting them directly to address their concerns.

Unfortunately there have many inumerable delays with regard to this project.

The latest coming as they celebrated their “Grand Opening” on January 29th, 2010. However, our units’ closing has been delayed several times in the last few months.

The latest update (03/02/2010) is that our unit will be ready on March 15th, 2010, postponed from November 2009 and again February 22nd, 2010.

We are not holding our breath, as we assume the unit will unlikely be ready at that point. This makes it very difficult to plan closing with the dates constantly in flux.

It is very discouraging to have waited almost 5 years from the inception of this project, and now with the economy going south, the sales figures are not what they have published.

70% of Phases 1,2,3,4 sold. Phases 5,6,7,8 are not on the market. That means 70% of half of the total projects 182 units. That is 70% of 91 units which is only 63 units sold, not a very encouraging number out of 182.

If they can actually deliver on the amenities and services they have touted for many years now, it may still end up a lovely project.

But the often and continued delays and mis-representations have been disheartening.

We hope to visit the project at the end of March 2010 to judge the status of the overall project and our unit in particular.

Will post our findings upon our return in April 2010.

Thanks for listening.

Marc & Naomi