Selling My Quarter Share of My Spanish Apartment

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27 Nov 2019 16:29 by johna123 Star rating. 3 posts Send private message

Hi All,  Four of us, work mates of many years, bought an apartment in Spain in 1998 [Playa Flamenca].  Very sadly, one of our friends passed away a few years ago.  His family have messed us about with regards to the apartment.  They want nothing to do with it.  We've arranged with them to use a [Spanish] solicitor in UK and they have got instructions [and a rough idea of costs]. We have told them that we will pay all legal fees as and when they come up.  But, for some unknown reason, they are simply not getting on with it.  We have no idea why and are dumbfounded by their attitude. One idea is to try to sell, at a huge discount, the three, equal, shares owned by myself and the other two friends/owners.  Does anybody know how this could be achieved?  The apartment, 3 bed, is valued at around euros 80,000.  I think that the three of us would accept around euros 45,000 for our 3/4.  Obviously the purchaser would have to deal with the other family.  any ideas, guys?  thanks.





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27 Nov 2019 16:48 by Kavanagh Star rating in Oil Drum Lane Newcas.... 792 posts Send private message

Kavanagh´s avatar

Common sense agreement and cooperation or Dissolution of Joint Property Ownership

 https://www.lawbird.com/services/view/25/Dissolution-of-Joint-Property-Ownership



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There is enough in the world for everyone, but not enough for the greedy!



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28 Nov 2019 23:46 by johna123 Star rating. 3 posts Send private message

Hi Kavanagh, 

many thanks for your helpful reply.  i will look into it - will certainly need a spanish lawyer for this. 

 

all the very best. John





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