18 Jul 2010 12:00 AM:

 

I am thinking of progressing legal action against a developer and agent over a non-completed new build property. Just wondering if anyone has heard of - Velasco y Balbás Abogados S.L. - as they are promising a good case. Would welcome anyone's experiences good or bad.

Cheers.

Blighty

Forum thread: Legal advice

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09 Jul 2008 8:06 PM:

Dear All,
 
It's been a while. 
 
I haven't gone anywhere or done anything but certainly Phase V is as
quiet as the proverbial church mouse! I, along no doubt with others,
have been given other options by PP so it is clearly not looking good
for El Zoco. In the current climate I don't see any advantage/benefit
in swapping my deposit elsewhere as if I went back into the market
(which I'm not) I could get something at a price reduced enough to
cover the potential deposit loss. 
 
Still can't get my head around why Pedro, the local council and others
with a vested interest etc. don't want this development finished off
because other residents are showing themselves well capable of taking
forward the post-occupation issues (earlier phases are testament to
this).
 
It's been a good year for Spain (Euro 2008, Wimbledon etc.) but less
so on the property market. Though I still love the place and never
wanted more than somewhere to enjoy the area, folk, cuisine, climate
etc.  
 
Cheers,
 
Blighty
 


Community thread: Wood burning stoves

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28 Feb 2008 7:47 PM:

Latest on El Zoco Phase V;
 
Maybe you know, but part of Pueblo Arabe has been embargoed by the bank El Monte, now known as Cajasol. The one`s that have been taken over are the first twenty as you come into El Golco, they are the one`s that are finnished now. I am sorry I have given you this bad news, but I have heard this directly from the developers lawyer. The developer owes many people a lot of money and the other sixty could go the same way. Sorry to give you this news.What the bank does is to auction the apartments in block and any money already paid towards them does not count. I don`t know where and how this is done.apartments are auctioned all the time here. If somebody can`t pay their mortgage for example, or if the owner of an apartment is not paying is rates, community fees, etc...If the bank do this, they will sell to somebody else and all the money already given by other people is not taken into account. If there was a bank garantee there would be something, but this developer did not have one. I am not a lawyer, I am sure that a lawyer that knows about Spanish law could inform you in more detail.

Community thread: Wood burning stoves

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02 Feb 2008 4:02 PM:

Only meeee.
>
> Sorry guys and gals for being off the scene for a while, other things
> on my plate and a general gloominess about all things Spanish. I don't
> return with any renewed vigour but have been hassling all and sundry
> and the trails just keep going cold. Not much news to report on PP
> website - though some action being taken (allegedly) against another
> (larger) developer. Our fella has gone awol. Not heard a pip from
> local authorities, other potential buyers etc. Interesting to note
> Costa Del Sol Action Group info (on their website etc.).
>
> It is hard to keep the faith when other buggers have kept your
> deposit. Not sure what to do, where to go etc.
>
> Cheers,
>
> Blighty


Community thread: Wood burning stoves

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28 Sep 2007 11:59 AM:

 

Latest from PP;

"No news I´m afraid. I feel very frustrated that I keep giving you the same answer. I wish I could tell you something different and positive but we just do not know. It is in the hands of the lawyers now. What I can say is that  they have sent the burofax and are waiting for an answer.

I am sure that as soon as they know anything they will advise us"

Cheers,

Blighty

Community thread: Deeds of sale signed in the presence of a non Spanish Notary

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