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one a success, the other disaster!

Just an ordinary 2+2 family who decide to invest their pension mis-sell compensation in Spain. Two apartments, bought the same day in 2004, one completes, the other faces demolition.

The waiting game
Tuesday, July 1, 2008

How is it that Spain can be part of the same EU as Britain is?  I personally rather enjoy the laid back side of life, but even I am feeling a little tetchy today.

On one hand - a developer who seemingly rings our solicitor on a weekly basis with another 'enticing' (not) offer designed to get us to hand over the final payment on a property with a demolition order.  Is he trying to wrack up our legal fees?

Yet, al otro mano, when we ask the penalty for walking away from the deal, he suddenly loses the power of speech!  And we were only asking!  A friend who works in the financial services sector (yes, financial advisors can also have friends) mentioned that we might be able to recoup any loss of deposit by taking advantage of the exchange rate.  We got €1.55 to £1 when we took it out there in 2004.

So we wait . . . .for a response. . . . .for a test legal case . . . . .for the Junta to make a ruling . . . . . . and another summer slips away . . . 

W


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