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04 Jun 2013 11:18:

 thats great. 
As we would say in Ireland, 'thanks a million' 

Thread: Bancaja merger with Bankia....the customer´s nightmare

04 Jun 2013 10:18:

 I used to go to the bank in San Antonio in Ibiza. 

I never used online banking as I always just called them up on the phone to do everything. 

I have set up online banking ages ago but can remember any of my details. 

They have now closed down and merged with bankia in ibiza town. 

Im in london and need to speak to them to get my details but I cant get through to anyone as they dont answer the phone. 

Im in ibiza next week so I can go in and wait in the hour que to see someone. 

I was wondering is there a central customer services number that speaks english  (my spanish is not good enough yet) which you can phone to  resolve these types of queries. 

Thread: Bancaja merger with Bankia....the customer´s nightmare

14 Jun 2011 23:31:


This message was last edited by oughterard on 14/06/2011.
Thread: getting license de obra for ibiza villa

14 Jun 2011 00:00:


Im building a Villa in Ibiza. 

It is 80 per cent finished. 

The roof and windows are in. 

The property is plastered inside and out and painted on the outside. 

The house looks like it is finshed on the outside but i still need to paint the inside and put in the Kitchens and bathrooms and finish quite a few bits and pieces. 

The problem is I have run out of money and I have to finish it in the next month, (which I could if I had the money but I dont) 

I am quite happy taking my time finishing the house as I dont want to rush it and I want to get it right but everyone I speak to in Ibiza including the Gestoria and the Architect and the Lawyer say its really important that I finish it on time. 

I would prefer to finish it on time but without the money this is difficult. I have applied for extra money off the bank and they may give it to me but it is not certain. 

My mortgage is only 200k and I have had two independant valuations to say when the house is finished it will be worth 3-3.5m Euros. I know there is a financial crisis in Spain but Im not exactly in danger of going into negative equity. Ive only asked for another couple of hundred thousand to finish the house and the landscape etc.

My earnings in the UK are very high and I have a very good credit rating but despite all of this ive tried everything to get a loan in Spain but cant due to the credit crunch. When I bought the plot they gave me a loan for the land and told me they would fund 100per cent of the construction but then a few months later they said they had pulled all construction loans for foreigners. 

I have a recruitment company in the UK so I have managed to fund all the construction myself from money I earn to get it 80per cent complete.

This has been a real struggle but In the long run it should be a good thing. I would even prefer it this way as I dont like borrowing too much money but it is the deadline that is worrying me.I can afford to finish the house but as i cant borrow money I can only do it with earnings which obviously takes  longer.

In Ireland where my family come from you get 5 years to build a house. You can say you have finished the house once you have one toliet and a sink and washing facilities. Even if it is a five bedroom ensuite house. It is up to you whether you want to take advantage of the extra bedrooms. Also you can claim you like minimilistic style and say for example that you are not interested at the moment in tiles etc and prefer concrete floors!i asked my Architect in Spain about this strategy but he did not think it would work. He said the best thing to do would be to finish the house on the outside and then send in the docs to say it is finished and then chip away on the inside for a bit before you book the appointment for them to come around. Do you think this is OK. I dont suppose I will run massively over the deadline but I just wonder how much leeway they will give you. I orginally had two years to build the house but I have already had one extentsion. I think it is because I have already had one extension that they are saying that it is important that I finish it. I was wondering what is the worst cast scenario if I dont finish it on time. Someone told me that this could be knocking the house down but that this was very unlikely. Even if it is very unlikely it is still very scary.

Someone else told me that lots of people were late getting their final de obra for similar reasons and that it is not normally a problem and that it should be ok providing I communicate with the Town Hall. The views I have had on the same subject from a variety of sources have therefore differed fairly widely. I have applied recently for permisssion for the swimming pool and someone told me that If this permission gets accepted a month or so before my planning lapses (which it should) then this could give me a further extension to finish the house. As I would then have an open license to be still working on the site and I could finish the house at the same time. I was wondering about all these things. Obviously my main focus is getting the money together and trying to finish the house as quick as I can but it would be a relief to get some more concrete answers or views on a few of these questions. I would imagine there must be lots of people in similar circumstances. I have a water well now but I dont have the electric connection yet. I am still waiting for this.I was wondering could this buy me more time too as I cant see how you can finish it properly until you get the electric connection anyway. I will be able to get the eletric its just its taking ages to get the appoinment with the local electric supplier. 

Thread: Villa Ibiza

13 Jun 2011 19:16:

Thank Jek. I agree with you. I will do this. It looks like I have no choice. The only thing is its not my preference as I have happy tenants in the UK and my mortgage deals there are good. Also although I can pull out equity its not exactly the time of the century to be selling and also selling takes months and I need the money asap. My Architect said once the outside is complete (which it will be next week) you can take a few pictures and then say its finished but keeping chipping away at the inside. I also spoke to a Spanish lawyer in Marbella this morning and he said he has never known it to be a problem finishing late as long as you communicate to the Town Hall but like you say its best not taking chances. it is frustrating as my loan to value is ridiculously low. It shows how far the credit crunch has swung lending the other way. You can get really high rents in Ibiza when the house is finished but the banks are not lending which makes it very difficult to finish it on time. You would think the bank would be keen to lend me more to finish it so that then they have their security covered and also I can get rental income but I suppose they dont see it like this. I may be able to find some money somehow and I may be able to get something off the bank but it has been an awful struggle for the last few years trying to get this project finished! its been  fun though and im sure it will be worth it in the end.  I count myself lucky that I am in a better situation than most as I have heard far worse stories than mine as I am sure you had on this site. I would appreciate if anyone else has any stories of other people not getting their fin de obra on time as I am sure there must be an awful lot of people in the same situation as me with bank lending the way it is. 


Thread: getting license de obra for ibiza villa


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