Illegal build licences
Tuesday, June 3, 2008
I am sure that there are many like us who are caught up in this continuing Saga.
We decided on a property an off plan villa with pool in an area we were assured was unban.
Paid a large deposit with the assurance of the solicitor that this was protected under spanish law and that whatever the circumstance would be safegaurded.
Shortly after this the site was closed down and the build licences legality questioned by the Junta who declared the land was Rustic.
The solicitor say they asked for the required bank gaurantee but the bank did not issue it.
The developer has applied for suspension of payments.
The agent meantime states that he has every confidence in the developer and then offers no further help.
This dream of living in retirement in a part of Spain we have come to love quickly becomes a living nightmare.
How can this happen to clever articulate people who have asked all the right questions.
Can we see the licence to build? yes
Is it rustic land? No
How long has the builder been in operation? 40 years and is highly respected in this area.
What happens if the builder goes bankrupt? You are protected by spanish law your money has to held in a seperate client account and you get a gurantee from the bank.
These are only a few of the many questions asked but the answers are always the same.
You are protected under spanish law.
I am sure that many similar stories exist.
I still visit regularly but I am seriously considering whether a move to Spain will be a dream come true or will watching my savings dissapear with nothing to show be a continuing nightmare.
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Published at 1:29 PM Comments (10)