Michael & Mary Sands – February 07/02/2012

 

                Our heartful thanks to Costaluz, Maria and her team for the return of our 1st instalment payment on an off plan apartment in Granada.

                In July 2007 we entered into a contract with a developer to purchase an apartment in Mirador de Iznalloz. Build was progressing and we paid our 1^st instalment of almost 30,000 Euros. We then received word from the developer that the build was only 40% complete and the bank would not advance any further funding to allow completion of the project. We contacted Costaluz having picked up their advert on EOS and sought their advice and assistance in recovering our money as we did have a Bank Guarantee. Maria confirmed that we had a sound case, nevertheless, her initial submission to the court was rejected which was devastating news for us. Maria, however, was confident that an appeal against this decision would be successful and she was absolutely correct with our claim being admitted to the court in Sept 2009. It took a long time for the case to be listed for hearing and at the initial hearing the Court found in our favour and issued a payment order to the bank which was not paid and after six months another payment order was issued to the Insurer. This took another period of time but we have just now (February 2012) had our money returned. Maria and Almudena continue to attempt to recover interest and costs and I have every confidence that they will so do.

                This has been a long road for us as the Spanish legal system is traditionally very slow and is slowed now even further with so many people attempting to recover their money but we have to have patience and put trust in Maria and her team that they will protect our interests, as far as humanly possible. The team’s professionalism and dedication certainly worked for us. Once again congratulations on winning our case and a massive thank you from both of us.