29 Sep 2009 6:51 PM:
I'd like to add my 2 cents to Ads last post.
Our developer went into voluntary administration in May 08. Had we received our monies back then............by December 08...............or even Feb 09.............we were still looking at other properties to buy with our refund as we still wanted a spanish home in the sun to retire to one day.
We are now in September, 09 and if we EVER get our monies back, then the way I feel now we will NEVER buy in Spain again. How many others feel this way too? If we had been treated swiftly and fairly, we would still have faith in the system, even though we had poor developers. A slow system has done more damage in the long term. I may only be one, but I feel one of many who feel this way. Spain has damaged its own reputation for long after the recession itself is just a memory
Thread:
Who'd buy in Spain after this stark warning?
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