13 Nov 2011 12:08 PM:
Hi,
Off plan deposit €125,000 paid in 2004 for Las Vistas in Elviria,half built in 2005,work stopped in 2005.
After 5 years court case, we manage to get hold of two plots of land from developer worth,€355,000 through court for auction in Marbella Court.
Auction date was on 10/11/2011.Someone at the auction offered enough money to cover my deposit plus interest etc ,he tried to transferred 20%
deposit in to court accounts but money did not get transferred in time, & now the next auction is on 14/02/12.
We are hoping the same person will buy it at the auction in February.
Other option is to transfer the possessed land from developer in to my name but that means having to pay tax as it becomes purchase.
I am being very patient but I'll chase the developer till I get every penny back.
Any advice?
Thread:
Recovery of Deposit
--------------------------------------