Olea Vacances

5 August 2009

Hi guys,

I have only joined the forum today as I have reason to be concerned regarding the ability of Olea Vacances to pay rent when due. I am now due arrears and see quite a number of similar cases online. Has anyone got any further information or updates regarding Olea? My property is in Les Bastides du Relais in Vaucluse.

Many thanks,

Submitted by mx5ire on

Hi all,


new here, but have been following Olea related threads for a while.


I have posted my two cents worth on the Olea Vacances thread on the Leaseback Owner Stories forum, nothing much to report other than todays emails being bounced back as postmaster undeliverable, not a good sign.


Vince

Submitted by Kipkeano on

I have just joined and see others have problems with Olea and lack of rent payments. In the same boat and losing my patience. Going legal now.


lack of communication from Olea is outrageous and generally their attitude is one of 'who cares about the owners'.


I hope the owners/workers of Olea read this forum as if they do then they must have some hard necks not to be ashamed of how they manage their business and obviously do not have any respect or indeed regard for their complete lack of professionalism.


Paul Keenan


Chateau de Jouarres

Submitted by mjpscott on

Hi Paul

if you send me your email Using the private messenger I will forward

the details of the emails I have received

there is a group action against OLEA which has succeeded in court

I will send you details how to join

kind regards

mike

Submitted by Riskblue on

Hi everyone.


I am new to the list and an owner at Chateau de Jouarres. Like so many I am waiting for payment of my August 15th rent. It has been depressing reading of all the issues, but at least I know it is not personal. Together we stand and all that.

Submitted by Aileen on

Re: Chateau de Jouarres - received cheque for rental today posted 31.8. I won't get too excited until I see if it clears.

residence du golf Carantec


is there any other Irish owners of this appartment block, would like to get feed back from how the under new managment is going for them, i too this week realised from bank no rent going in, has everyone else had their rent brought up to date by OLEA and paid into the bank ?


would like to hear from anyone in the same position, dont want to be wasting money with solicitors


john.dowlingtm@gmail.com

Submitted by sdw1104 on

Hi, I've got a property with olea (chateau de jouarres). Has anyone got an up to date view on olea or this specific development?


steve

hi Guys


has any of the ownors receved any rent from Olea, has there been any furthe developments with taking the procedings agains the company, look forward to hearin from anyone in similar circumstance and how to deal with it



regards


John Dowling


john.dowlingtm@gmail.com


Gerry - there are posts on the owner stories as well - so there are at laest 4 sites where Olea are behind with the rent. Several owners appear to be taking legal action and some may have subsequently been paid

Thanks Peter - yeah they seem to be under some pressure. However I received an email from them today (a one liner) confirming that they had effected the transfer for the rent - hopefully this is the case! I had mentioned in my last email to them that I was writing to the Irish Embassy in Paris (with copy to the French Embassy in Dublin) outlining my concerns and seeking a direction!


I believe forums like these are an excellent way to evaluate common concerns - especially if making legal representations. I will be happy to notify the forum on Monday / Tuesday next week if the rent has been received.


Kind regards,

Good news, I hope the rent money is actually paid into your account - good luck

Submitted by Aileen on

Hi Gerry can I assume that your rent has been paid? Also how is everyone else fairing, have they been paid? First rent due for Chateau de Jouarres 15 August, nothing received! Can I assume that as there have been no posts recently that things are getting sorted out or is that wishful thinking!!

Submitted by sdw1104 on

Aileen, I'm also at Chateau De Jouarres and just cheked my french account and no monies. Only just past 15th so prepared to wait a little, however, if not in for end of month will start chasing.


Steve

Hi Aileen,


I did post a note but on the 'owners stories' forum - sorry should have done it on both! Yes, my rent cheque came in - a month late and after several emails but I am now up to date. Concern is and will be for payments during low season when cash flow issues will be more severe.


I wish you well - importanmt to keep up the pressure!


regards,

Submitted by mjpscott on

I still have received nothing from OLEA despite a promise in December



It now appears they have been taken over - see email below


Has anyone received notification directly?


M. SCOTT,



Olea was taken over by Ivan OBADIA Group SL since 15th December. The new management is reorganizing the company and should communicate soon about payment of rentals.


For all request regarding your property, you can do it on clubinvest@olea-vacances.fr.


I will forward it to the new management if necessary.



Best regards,


Laure BRANDENBURG


Olea Résidences d'Hôtes®


155 Rue Paul Langevin


Zac de la Robole - Les Alizées - Bât.B


13856 Aix-en-Provence


Tél +33 (0) 442 384 730


Fax +33 (0) 442 270 161


www.olea-vacances.fr


clubinvest@olea-vacances.fr