01 Dec 2007 7:31 PM:

We canceled our contract september 2006 and received full money back in January 2007 with no charges other than small solicitors fee.Received no interest but full deposit back.In July bought a resale in San Juan and been every 3 weeks since and couldn`t be happier.Calas may eventually be a good development ,but when you are no longer a buyer you realise it is a huge development and certainly won`t be easy to gain regular rent for your property as everyone will want the same thing

Community thread: The Compensation Letter

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25 Feb 2007 12:01 PM:

We used our original spanish solicitor martinez abarca in vera ,he was slow but did the job for us and inexpensively.Our property on phase 3 should have been handed over to us in january 06 so peinsa legally had no leg to stand on.Their is a 6 month period after agreed handover date when you can`t claim breach of contract,after that you can.It was a very stressful situation going through all this ,but glad we did.Hope that helps you.

Community thread: Spanish mortgages

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20 Feb 2007 1:31 PM:

It took 4 months and plenty of calls and one hurried  visit in january when our solicitor informed us he had lost our original documents with peinsa.peinsa were ok it was one of the other companies mentioned in my last post that didn`t want to part with their small part of the money and prefered to lie instead.
Community thread: Spanish mortgages

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19 Feb 2007 8:36 PM:

Have no advice but we have just received our money back in full from peinsa ,golf invest and medsea, only the price of the house when we bought it in November 04.Obviously that was disappointing but to be honest glad to be out of it ,had to put up with lots of lying to us whilst awaiting payback,they had my money without permanent bank guarantees for too long.Free and wiser now to buy something i can see and touch.

Community thread: Spanish mortgages

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