Unfortunately, many people in the past have lost off-plan deposits paid on Spanish property as matters were not dealt with properly. This is the story of a lady who contacted us a few months ago saying that she had come across our website and thought she would send an email to us to see if we could help. Now she is… Read more »
Supreme Court Rules Los Lagos de Santamaría Investor Can Claim Deposit
A Recent Precedent extends the Supreme Court Judgement Ruling to Refund Off-Plan Deposits to Individual Investors, not just ordinary consumers. The Supreme Court ruling in 2015 set a precedent for Banks to have to pay investors back the deposits they put down on homes sold off-plan, because by Spanish Law 57/1968 (Consumer protection law) when off-plan deposits were paid into… Read more »
Property Litigation
Unfortunately there are people who have purchased off-plan properties and there may have been a breach of contract on the part of the developer, as the property has not been built as planned (as they were sold without the required building licences) or there has been a breach of contract by the developer not building the property within the time… Read more »