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Simplified Admin Support



We recognise that for for the past nearly 2 years there has been much confusion regarding the administration and communication related to fractional ownership. This has not only been difficult for you as Owners, but also for TRG in getting clear messages out and organising accurate statements and payments.


Today we can report that one blockage has been at least temporarily removed. Over the weekend TRG was informed that the Companies (LBGs) dealing with the Fractional Ownerships in Llana and Dunas have suspended the involvement of Fractional Property Solutions Limited (FPSL) and their suncontractors - FPS Corporate Services.


This action was taken by the Board of Directors of the Companies - not by TRG - but does make things a little simpler.


This means that you can (for the time being) ignore any communications from:


Fractional Property Solutions

FPS Corporate Services


As we have advised, please ignore any demands for payment as they are not providing services for the moment. If you have paid the fees requested by them for 2024 you should feel free to contact them directly and request a refund.


If you have any questions or actions relating to your Membership, you can contact us at admin@sua-casa.net and you can also contact admin@trgfmholdings.com


There are a small number of Fractional Members in the Tortuga resort who were not involved in this change, and we will; seek clarification for them from the Directors of those Companies.


We should make it clear that the Companies have told us that this is NOT any confirmation of wrongdoing by FPSL and FPS Corporate Services (or their Directors), and that should an ongoing investigation show that they have been operating correctly, there remains the potential that appropriate services from FPSL and FPS Corporate Services could be reinstated in the future.


We all also be looking now to seek how we can co-operate with the Companies so that we can start to organise statements for the LBG Companies and where funds are owed, payments.


We expect a further update later this week

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3 Comments


Ian Scott
Ian Scott
Mar 08

Keep seeing all these posts on Facebook book of how beautiful and busy Cape Verde is from customer's. People saying they have booked again so quick question if it's so busy how come none of us are making any money, can someone please explain to me.

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I’ve received further demands for outstanding management fees, it had gone quiet but they’ve obviously not gone away!

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You say ignore any demands for payments, I haven’t had either demands for payments which is a good thing as I haven’t had any income from TRG since 2019, Im told TRG is ”The Resort Group”, I really think it should be “The Robbing Group”, we keep getting these emails saying things are getting better but as yet I’ve not seen anything to prove that statement.

yours one of many disgruntled investors


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