WARNING TO INVESTORS

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    • #51027
      Anonymous
      Participant

      Hot off the press, well Solbanks own Prestige magazine for this Winter.

      Investors in off-plan property are beginning to find that they have been misled by over-enthusiastic sales agents as their expected re-sales for fat profits are not materialising.

      Homeowners on the Costa Blanca have had property seized and extra payments compelled by private developers acting under the Valencia Land Law, known as the ‘land-grab law’.

      Thousands of properties in the Marbella area tun out to have dubious building permits, now under scrutiny by the regional authorities.

      Plus, the agents put their energies into selling new properties, not the investors’ re-sales.

      Be warned!

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