Real estate impasse leaves buyers distressed and worried; businessman "hardly accessible"

A real estate impasse is leaving buyers distressed and worried. A real estate businessman, son of Madeiran emigrants in Latin America and owner of the old "Colombo" residential building, is being described as "hardly accessible" and difficult to contact. The situation is causing great inconvenience to the new apartment owners, mostly foreigners, who remain without definitive purchase deeds. Some buyers are still in the process of finalizing their acquisitions, which increases anxiety and legal insecurity. The case was reported after information reached FN's newsroom about the difficulties buyers face in resolving the situation with the businessman in question.