Terrazas de Torreblanca AIFOS

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This topic contains 3 replies, has 4 voices, and was last updated by Profile photo of Anonymous Anonymous 9 years, 2 months ago.

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  • #53160
    Profile photo of Anonymous
    Anonymous
    Participant

    Hi,
    I am having a nightmare with this development on the costa del sol. Aifos the builders have overdeveloped the site. The townhall have declined the habitation licence due to the overbuild. The bank and Aifos are trying to get people to sign the deeds and of course pay the remainder of money. I have spoken to lots of people who have moved into their apartments without the habitation licence without any problems. and the licence was granted at a later date. I don’t know if this would be the same situation in my case. If anyone knows the law regaring this please let me know. And please everyone keep clear of AIFOS. If any of you have purchaed on this development. Please get in touch with me.

  • #75132
    Profile photo of Anonymous
    Anonymous
    Participant

    You may have already looked at other threads – one here; http://www.spanishpropertyinsight.com/forums/viewtopic.php?t=2540&highlight=aifos

    http://www.typicallyspanish.com/news/publish/article_12119.shtml

    There are others on this forum who have been caught up with Aifos; hope you will hear from them. As you say cannylad, “keep clear of Aifos”.
    But as you are already caught up with them, make sure you have an expert litigator working for you.

  • #75150
    Profile photo of Inez
    Inez
    Participant

    You do need to be careful – I had two on the books from owners wanting to sell on but have removed them now. The law is unclear on this issue as most banks will not lend money without the habitation license – as surely it puts the property in danger of being demolished?

    And yesterday on another site someone said their financial advisor stated a law came in around 6 weeks ago making it illegal to buy without first occupation license. If this is true and hopefully it can be clarified by the legal experts here, then you could end up with a proeprty you can never sell!

  • #75193
    Profile photo of Anonymous
    Anonymous
    Participant

    Run A mile!!… even their name sends a shiver down my spine from my own dealings with them….

    Bettyboo

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