WARNING TO INVESTORS Favourite Spanish Property Insight › Forums › Spanish Property Forums › Real Estate Topics, News & Discussion › WARNING TO INVESTORS This topic contains 0 replies, has 1 voice, and was last updated by Anonymous 13 years, 11 months ago. Author Posts January 28, 2005 at 1:59 pm #51027 AnonymousParticipant ❗ 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! Author Posts The forum ‘Real Estate Topics, News & Discussion’ is closed to new topics and replies.