24 Sep 2018 11:11 AM:
Good morning, we were going to buy a new build apartment on Condada de Alhama and have been asked by the developer to pay € 6000 to reserve.Our lawyer has told us that the law says in Spain buying off plan means that they have to guarantee every payment we make with a bank guarantee? Think they call it "aval" and this is mandatory, Has somebody reserved there already and do they comply with that rule? We are getting conflictive information, the agent says there is no garantee as its not necessary given the size of the developer but we are worried now, so many things are going on today and we would "rather be safe than sorry" after having lost money with a similar thing on the Canaries.Thanks for your comments, Mary
Community thread:
New Build on Condada legal question
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