- This topic has 13 replies, 7 voices, and was last updated 17 years, 11 months ago by
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I have just read Mark Stucklin’s article in the Sunday Times on Spanish property buying disasters.
We hear of these dreadful tales at the Costa del Sol Action Group. Two current nighmares are firstly the couple who bought the house-building project, paid 240,000 euros and ended up with nothing – no title deeds and there was never any planning permission or building licence and never will be. A main road is now going through the property anyway. This was a fraudulent conspiracy between the agent in Fuengirola, the lawyer in Arroyo de la Miel and the corporate vendor.
The other case involves buying a package of land and a building project from a Briton. Their lawyer failed to notice that the building licence had expired months before completion. It will not be renewed, so they own a worthless piece of land and are 300,000 euros out of pocket. They’ve gone back to the UK to start again.
Nobody please post that these people were idiots who asked for it. -
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@Paul wrote:
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I missed this article by Mark if it’s recent, is there a link to it please?http://property.timesonline.co.uk/article/0,,14052-2417894,00.html
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Dear Claire,
Check out our web site. We do have clout. We do also have good lawyers. I can rightly say that I work in conjunction with the Fraud Squad of the National Police.
We have successful class actions in the Spanish criminal courts against unlicensed IFAs and also against perpetrators of fraudulent investment schemes. -
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Says it all when so many purchasers as mentioned says ‘the agent was English, so we trusted them’, too many ‘dodgy’ Brits are just conning their fellow countrymen in their bold brash Estate Agencies on the Costas and other countries. It’s time the Spanish Authorities dealt with them as well as the developers and some lawyers!
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In the criminal court case instigated by the Costa del Sol Action Group four IFAs from the Costas have now appeared in the criminal courts in Marbella & Benidorm to testify and be questioned. The case has been taken over by the Fiscal/Public Prosecutor. That case continues and as I understand it the miscreants condemned themselves from their own mouths even with their expensive ‘briefs’ in attendance.
Example: Do you sell investments? Answer: No.
Check that one out with the adverts in Sur in English & EWN. Apparently they are only giving advice. Check our web site for the Spanish law on the subject.
We now have another case accepted by the Fiscal that has been transferred from Marbella to the Benidorm criminal court.
It is not overstating the case to say that under the Spanish criminal code you are guilty until proven innocent. The very fact that the Fiscal has taken the case is a virtual presumption of guilt.
If anyone doubts that it was confirmed in an article I read a year or two ago written by a retiring British consul and he should know.
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