PL20b – 25th February 2003.

Dear All,

We have worked hard and seen a lot of apartments, and out of them all these four attached stand out.

Frere Pradignac I put into Property Letter 20, so you have seen it already.
Plage du Midi I also mentioned and there are a couple still available.
The Loft in the Old Town, and Rue d’Antibes are new.

All of them are wonderful - but they vary in price. All are subject to offers below the asking price which we normally try to achieve anyway. The cost and income estimates are very conservative and are a guideline only, on the principle that if they work at these figures, then reality has a good chance of surpassing budget.

Vicky and I would buy any one of these if we could, but which would we choose if we could only buy one? I don’t know.

PL20 – 25th February 2003.

Dear All,

Vicky and I have been in Cannes over a week now, and have spent most of our time trying to speed up and finalise the signing and transfer of the apartments which we have already bought for people. The bureaucracy has taken longer than expected on many of them due to a variety of problems which will not occur again as everyone in the loop – ourselves, our agents, banks and notaries – have learned a great deal, and will not let those delays occur again. It will be smoother in future.

Where are we, and what have we got in our group now?