In 2003 we invested E125,000 in an off-plan property in Elviria, Costa del Sol, Spain, called Las Vistas; the developer started to build then was stopped by the local authorities about two years ago due to non-compliance with some local laws – it also coincided with the Marbella corruption arrests and the subsequent close of the Town Hall. We were advised by our solicitors, M* to go to court to try to get our deposit back. There was a court hearing in September 2007; judgement was not made (according to our solicitor) because the developer asked for more time to ‘prepare’ his case; our solicitor assured us this would only take 4-6 weeks but it’s now heading for six months. Our solicitor says there’s nothing he can do, he has to wait for the Town Hall to send information and they’re being ‘very slow’…communication between his office and us has now dried up, we’re very frustrated, not to mention completely broke.
Should our deposit have been returned by now under EC law.
Is there any way anyone could help us? Obviously we have endless documents and correspondence plus property contract so if you can, we can provide you with all the details.
Please feel free to send us all the documents either by fax 0034 956343670 or email firstname.lastname@example.org as it does not sound right what you are saying. We will give you a free first advice and quotation is action is needed.
I would recommend you obtain copies of all documents that your Solicitor should have from Court, in order to really know what is going on.
I am suprised that this development has not been the subject of much interest before.
The last time I made enquiries on this development it was clear that this would be demolished.
Now not heard of any brown paper bags going around on this one so do you have a Bank Guarantee ?
Just Frank 8)
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