This past Saturday we had a meeting with the architect and our (former) builder. Not in a very friendly mood, our brick-stacking friend, but perhaps he was intimidated by the team of Polish builders on site now finishing his work at lightning speed. The long and short of it was that he doesn’t have the money to pay us back the full sum he owes us (being about €30,000). However, he is more than willing to pay the money back in instalments of €5,000 per month, over six months.

I can fully understand anyone not having €30,000 cash lying around, but if you don’t have access to that kind of cash I don’t see how you’ll be able to spare €5,000 per month. That’s a lot of money to have left after paying for rent and vittles. The first payment is due on 1 August, and I’m quite anxious to see if it materialises. I have a sneaking suspicion the builder’s enthusiasm for this scheme is merely a way of buying time.

Meanwhile, we need this money to pay the Polish builders. Their bills run at around €5,000 per week, so we’ll need to get the bank mobilised as soon as possible.

Categories: Construction, Finances
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