My new baby

If you put a deposit down with Tecnologia Urbanistica on the above site in 2003 and are still waiting for your property to be built or are awaiting the return of your payments for the above please conact me on the site

Joyce

  

i purchased a property in colinas del lago sept 03 as you know this has never been built atlas are suing me for 40;000      pound this week there making me bankrupt if any one has any information that could help me or if any has lost money too please contact me

I too bought on Colinas Del Lago in March 2003. I was offerered another property and took it. Why are Atlas sueing you? Surely it should be the other way round.

I had put down 50,000 euros in Jan.05 for phase 4, after my Spanish lawyer chasing Urbanistica for nearly 18 months we now have a court date of Sept. 24 this year where they will be forced to pay up. They even tried to offer me a new place as compensation ON THE SAME DEVELOPMENT!! Even my lawyer says these people are cheats. They just keep promising that they will pay, but never do. They offered to pay the outstanding 50,000 about 1 month ago for us to stop our court action, but we refused as we would have been out about 5,000 euros on legal fees. This development will never be built, my legal team has all the documentation to prove this. If anyone needs help with suing them go here and ask to speak to Javier, tell him Mr. Young sent you.

Hi Stoneman,

How did you get on at court? Did Tecno turn up?.I would be really interested to hear what has happened to you.We were taking them to court but it was going to take too long so we went a different route to get our money back and lost out in the end about €1,500 which was lawyers fees etc. Our lawyer had told us that if we got to court,Tecno may not turn up or offer to settle on court steps without interest and we weren't gauranteed to get awarded costs. Private message me if you prefer not to comment on here.

There is a big debate on them at the mo on torrevieja.co.uk if you havent seen it take a look.As you will see on there I was involved too after buying in Oct 03.

Who did you buy through?Was it 1 of the British agents mentioned?

Hope things worked out well for you

Regards

Bernie

OK, sorry i haven't been on for a long time, but here goes. in January this year we won the case to have TU give us our money back plus 5,000 euros to our solicitor. as they didn't pay this, our lawyer got possession of one of there properties to have it sold via auction to pay our costs. this is still going on at the moment, even our lawyer dispairs of the Spanish legal system, and he is Spanish!! He told us they were all over the local news a while back because they didn't pay the electricity on 2 of the deveopments they built, so the power company turned off the electricty to the 2 developments and the residents have to foot the bill. even the property we seized they have sold to an English couple for 200,000 euros, as the couple contacted our brief to find out why his name was on the deed!!! These people have now lost all of their money

Hi All,

I was just going through some of my old paperwork and came across the Colinas Del Lago stuff so thought I would do a quick search to see what ever happened.

Well we never got any money in the end, 50K up the spout. TU went bust but they were part of a bigger outfit based in Madrid so our solicitor thought he could get something through them. The property that we got seized never came our way. The British couple that had bought it managed to get the courts to side with them. Our solicitor finally gave up in 2010 saying we would never get anything, he didn't charge us for his time but said that we had to pay 3000 euros for the barrister and court fees. Needles to say we told him we were not paying anything as he botched the thing up in the first place by spending a year trying to get TU to pay up instead of taking them to court straight away while they were still solvent. Never heard back from him.

As it happens with what I have read over the past years about the area being rife with crime. no none being able to sell and properties standing empty it seems like we made it out alive and escaped a worse fate than if we had actually moved to Spain.