Denia’s Court No. 5, in its judgment of 31st of March 2017, asked that ‘Bank S’ pay back money lost by Mr. and Mrs. A., clients of our firm, in their purchase of a property off plan, in the urbanization Xabiamar, which never was handed over to them. In today’s article, we want to inform […]
PEOPLE WHO have lost money buying a property off-plan in Spain – because the developer is insolvent, has disappeared or has not handed over the property – you should know that apart from the money lost, can claim against the banks involved for interest. The banks are also responsible for the interest; which could sometimes […]
In today’s article, we want to continue reporting on those people who recovered money lost buying properties off plan, where homes were never built because the developer went into liquidation, no licenses were obtained, or other problems. The Spanish courts, now practically without exception, recognize the responsibility of the banks and an obligation to pay […]