B
Bob the builder
New Member
Praia Luxuosa licence issues - Kapital International
I have just been informed; after checking with Semace in Fortaleza, Brazil, the Environmental Licence definitely expired in June 2009 and was not renewed by Kapital International. Also there is no evidence that the environmental study has been started although Kapital International stated this was in progress. Therefore, it is not possible to confirm whether all or, some of the plots in phase one of Praia Luxuosa are located in a Sand Dune Zone protected area. If any plot is located in a Sand Dune Zone, they cannot be built on and probably worth zero. Maybe that's why after 19 months, no environmental study has been completed by Kapital International.
I have just been informed; after checking with Semace in Fortaleza, Brazil, the Environmental Licence definitely expired in June 2009 and was not renewed by Kapital International. Also there is no evidence that the environmental study has been started although Kapital International stated this was in progress. Therefore, it is not possible to confirm whether all or, some of the plots in phase one of Praia Luxuosa are located in a Sand Dune Zone protected area. If any plot is located in a Sand Dune Zone, they cannot be built on and probably worth zero. Maybe that's why after 19 months, no environmental study has been completed by Kapital International.