Hi there, im looking to find a reputable estate agent who can successfully sell my 2 properties in Spain. Had them listed with a small local (spanish) company but not had much luck so im really looking for a comapny who has a good track record of selling property.
Suzanne – have you actually completed on La Reserva? I heard today from one of our guys that they are actually buying apartments back from owners to resell on! It was a reputable source and wondered if this may help you.
Hello Inez.
I have heard about Penarroya’s offers to sell these illegal apts for present owners. I also know of one person who has received a standard letter from the Developer about re-selling their apartment for them. There are 2 spaces apparently (I have not seen this) for just their apt. number & their signature, to allow Penarroya to sell the apt. on (no other contract details/options on this letter). Developer has apparently told this person that if they sign this letter they will receive their 30% deposit back AFTER the apt. has been re-sold, LESS a commission charge ❗ ❗ ❗ As they are claiming that those who have not completed yet also owe many Euros in community charges I expect they’d be taking that amount off too ❗ Who knows what other charges could be taken – not to mention fees for cancelling their own mortgage on the property – another illegal clause – nearly forgot that one.
Obviously, one couldn’t take legal action against the developer & enter into a business arrangement with them for selling the apt. at the same time, so this is another way of Penarroya trying to stay out of Court.
Ah thought there had to be a catch. The greedy sods are up to every trick in and out of the book. We have found that at the last minute mysterious charges appear at Notary to the tune of about 15,000 euros for all sorts of rubbishy charges, fines penalties and because there is a sunin the sky!
Have a good weekend
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