Fortuna Golf – Claiming back a Lost Off-Plan Deposit

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Posted and filed under Current Claims Possible to Win Back Funds, Legal Issues in Spain.

We have a number of cases whereby our clients bought off-plan properties in Fortuna in the region of Murcia many years ago, and the properties were never finished and like many other developments like this in those years, the clients lost their deposits.

Fortunately, now many years later, justice is being done and an Alicante Court condemned Banco Popular a while back to repay back the funds that were paid into that Bank for the promoter´s account to people who had invested in the properties in Fortuna and lost their money.

This landmark case means that Spanish Solutions are able to help many people recover their money plus interest. We have dealt with many similar cases with other builders and Banks, and we are well aware that justice can be done, and even years later, clients can recover their funds.

All the clients in our Fortuna Golf cases purchased off-plan properties, sold by Promociones Eurohouse 2010, SL, which like many other building companies that left people high and dry, is now in bankruptcy.

However, clients often do not realise that they can sue Banco Popular, and they have to pay back to people their lost deposits

In fact, this situation also applies to other promoters and building companies whereby funds were paid into the Bank of the promoter, as the bank should have segregated funds on to a separate account, as per law 57/1968 on advance payments on home sales, which was to protect amounts paid by consumers.

We have many other situations involving builders and unbuilt properties going back many years.

If you are in the same situation, please contact us. There is a time limitation period of 15 years, and you have to have paperwork.

2 Comments

  • Philippa SECRETAN

    I paid a “reservation fee” of £3000 in 2006 for a unit in La Fortuna Golf Resort. I was told I can’t get that money back as it’s not a deposit. Can you help me?

    • Amanda Thomas

      Dear Philippa, I would need a bit more information. We have had a lot of success with Fortuna Golf cases, I will email you privately on this. Kind regards, Amanda

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