Luxury development on the beach in SC turns into a 'nightmare', generates losses and goes to court Images published on social media show the project for the luxury complex in front of Praia dos Ingleses, in Florianópolis, which has had work on hold since 2023. The development included more than 350 hotel rooms, 400 parking spaces and a shopping mall with 100 stores. ?Click and follow the g1 SC channel on WhatsApp Luxury development on Florianópolis beach becomes 'nightmare', generates losses Buyers report losses with luxury development not delivered on Florianópolis beach Current photographs of the construction site, however, tell a completely different story. The site has an unfinished and abandoned concrete structure. The works were halted in June 2023, at which point the sales shift was definitively closed. Buyers who purchased shared shares or invested in the cooperative report losses, which reach R$200,000 per investor. The situation led the Public Ministry of Santa Catarina (MPSC) to launch a report last week to investigate the delay in delivery. Furthermore, the construction permit for the project from the city hall has expired. ? The news in fact is the initial record of any demand, complaint or representation forwarded to the MP and acts as a "thermometer" or a preliminary procedure where prosecutors assess whether the complaint is well-founded, whether it involves public interest and whether it is within the competence of the institution. After the assessment, the procedure may proceed, archiving or opening an investigation. Cooperative model ? The project proposal combined the cooperative model (involving land owners, suppliers and around 140 members) with the sale of shared quotas (a format in which the buyer acquires the right to use the property during defined periods of the year, without having ownership of the property). JC Compra e Venda de Imóveis, one of those responsible for the project, says it is negotiating with a new investor company to enter the business to enable the resumption of works. Regarding pending issues, he justified the lack of investments after the pandemic and problems with an investment fund. The construction company's management states that it is negotiating with a new investor company to enter the business to enable the resumption of the construction site (see below). See what the project was supposed to be like Image shows what it was like to be a project with construction stopped in Florianópolis Social networks/Reproduction Project had a hotel Social networks/Reproduction Works have been stopped since 2023 Social networks/Reproduction See how the works are going Luxury development turns into a 'nightmare' on Florianópolis beach: investors accumulate losses and case ends up in court NSC TV/Reproduction Local should be a luxurious complex with hotel and shopping mall located in front of the Praia dos Ingleses Morgana Fernandes/NSC TV How it was supposed to be and how it is now a luxury development that turned into a 'nightmare' in Floripa after work was halted Social media/Reproduction Buyers claim losses of up to R$200,000 This modality attracted buyers from different regions of the country, including Flávio Marcelino and his wife in 2022. The couple would invest a total of around R$44,000 each in two installments. The couple paid off just over R$10,000 before stopping payments, upon realizing that work on the site was at a standstill and that they could no longer contact those responsible. "It was going to be a shopping mall and facing the sea. They said there would be an even greater return, a greater appreciation after the extension of the beach. There was no one else working. We ran after it, we filed a lawsuit to try to reverse this, but so far no response. There is nothing left in their name, all the assets were removed and it is a huge loss for everyone who invested", says Marcelino. The couple's contract provided for the project to be delivered in October 2022, also stipulating a tolerance clause of up to 180 calendar days from the scheduled completion date. The frustration is shared by buyers from other states who learned about the proposal during tours of the site. Rio Grande do Sul businessman Otávio Borba purchased three shares at the end of 2021 and invested more than R$21,000 before suspending the installments. "I had never heard of shared housing. We thought it was a cool investment and to this day we haven't had any return", he complains. Professor Janaína de Sousa Alves, resident of São Paulo, reports even greater losses. She acquired five shares in 2020, which total almost R$200,000. "We lost R$200,000. Florianópolis is a very attractive city. One of the things we didn't even think about was: 'Ah, it's something that won't work.' We never thought about it. Even because it is a touristic, attractive city and the location is beautiful, we ended up believing it", he says. Buyers report losses with luxury development in Florianópolis NSC TV/Reproduction Legal dispute and records of complaints Given the abandonment of the work, reports of losses multiplied on social media and consumer forums. In consultation with the Court of Justice of Santa Catarina (TJSC), the company JC Compra e Venda de Imóveis Ltda (one of the cooperatives) and JC Compra e Venda de Imóveis SCP Centrinho dos Ingleses (owner of part of the work) have filed almost 800 first and second degree lawsuits, appearing as defendants in most of the cases. In addition to legal actions and online groups formed by injured parties to exchange information, there are dozens of records on internet complaints platforms. At Procon in Florianópolis, there are 11 open cases against those responsible for the project. What those responsible say When contacted to clarify the reasons for the interruption of works and the situation of customers, Júlio De David, owner of JC Compra e Venda de Imóveis, explains that the financial difficulties began h