SPANISH DEPOSIT RECLAIMS

“The Spanish Supreme Court passed Judgement dated 21 December 2015 stating Banks along with Property Developers to refund deposits paid on off plan property purchases when the property was never completed.”

If you have used our Reclaim Calculator aboveyou will be interested to know how you can claim back monies which are rightfully yours.

EU Property Solutions have numerous cases lodged in Spanish Courts for borrowers who lost their deposit on Off Plan Spanish Property Developments. We understand the legal process for obtaining a deposit refund and it is essential the process is followed closely to ensure a successful claim.

ORIGINAL PAPERWORK & PROOF OF PAYMENT ARE ESSENTIAL

When contacting potential Deposit Reclaim clients too many have misplaced key pieces of information and some don’t even have paperwork at all. Without the correct documentation being packaged in a claim then your case will have little chance of success.

To find out more and if you have a potential claim call EU Property Solutions on +44 330 124 1230

GOT A QUESTION?

Please fill in your details to request a call back from our expert team

Request a Callback

WHAT COULD YOU BE ENTITLED TO?
CALCULATE RECLAIM NOW

Use our calculator to get an idea of how much you could be entitled to before you get in contact.  The calculator results are based on the representative interest rates at that date in time for the amount you enter. Your actual rates and refund may differ and will be based on your exact date of transfer and yearly interest rates.

Amount Paid:  100,000.00

Possible Refund:  140,934.57*

*Based on representative date 01/04/2004

  • Has your Property abroad been repossessed?
  • Are you receiving letters chasing amounts that you cannot afford to repay?
  • Have you handed the keys back to your foreign lender?
  • Are you struggling to keep up with paying your Mortgage?
  • Are you struggling with paying both mortgage repayments and community fees and it is all becoming too much?
  • Are you juggling to make ends meet and finding that you are paying for a property that you no longer want?

If you answered YES to any of these questions then you need to speak to our team today!

Speak to an expert today for a free consultation. Lets get your money back!

The right to recover the deposits placed on unfinished
property in Spain is solid and financial institutions are now
obligated to reimburse the deposit plus interest.

WHAT HAS CHANGED?

In the turmoil of the 2008 property market crash there were very many victims, not least those who committed to purchase property, but who were then failed by the developers, solicitors and the banks of the day.

Recent legislation passed by the Spanish Supreme court in Madrid has ruled in favour of the client and has created an opportunity to reclaim these lost deposits. The ruling has now enabled people to pursue the Banks for the lost deposits. “The right to recover the deposits placed on unfinished property in Spain is solid and financial institutions are now
obligated to reimburse the deposit plus interest” EU Property Solutions, on your behalf can now peruse legal action to reclaim what is rightfully yours

To date, we have achieved a  100%  success rate in all cases in this area and our representatives are fully adept in all areas of Spanish law to ensure the best representation for you, as the client is achieved and ultimately the best outcome.

If you paid a deposit on a property in Spain and thought it was gone forever hope is not lost and we can now help you get back what is rightfully yours.

All you need to do is contact us and we can take everything over from there. No need to worry about language barriers and legal jargon- Let the deposit reclaim  experts deal with your claim every step of the way and get you back your lost Spanish Property deposit including interest owed.

EU Property Solutions have established a specialised service to help those people wronged typically in the period 2004 to 2009, when in good faith many were duped into paying a deposit to start the purchase of a Spanish Property, very often for ‘off-plan’ development.

DOES THIS WORK?

A client of residential Cortijo Torreblanca has recovered € 35,000, plus interest since 2006. A client who invested in Residencial las Gaviotas has recovered € 45,000 they gave for the purchase of housing, plus interest since 2008.

FREQUENTLY ASKED QUESTIONS

Why can I claim my deposit back now?

A new ruling has come into force in the Spanish Supreme court meaning that buyers of off plan or unlicensed properties can obtain 100% back & interest. We work directly with a specialise Legal team to help you get you deposits back through the court under this new and groundbreaking legislation.

How do I know if I am eligible?

You can speak to one of the team via our live chat if you have any initial queries or you can call us on 0330 124 1230.  We usually ask you to complete a basic form which gives us a background of your case. We usually need original receipt of payment , contract and any other paper work you have regarding your property to assess the situation fully.

What information do you need from me?

You can speak to one of the team via our live chat if you have any initial queries or you can call us on 0330 124 1230.  We usually ask you to complete a basic form which gives us a background of your case. We usually need original receipt of payment , contract and any other paper work you have regarding your property to assess the situation fully.

What is the process?

When you are happy to proceed and we are confident in your case and have assessed all avenues thoroughly  we will send you a power of attorney which means our legal teams can attend court of your behalf . From then on we will deal with everything for you whilst updating you on the way at frequent intervals. Most cases take from 12-18 months to complete.

How do I arrange a meeting?

We have office’s in Belfast, Leeds and Spain and can accommodate meetings in a place to suit you.. We have agents on hand to speak via live chat now, you can email [email protected], Call  03301241230 or we can arrange a Skype meeting!

HELP IS AT HAND... THERE ARE OPTIONS TO HELP YOU GET YOUR MONEY BACK. SPEAK TO THE DEPOSIT RECLAIMS EXPERTS TODAY.

Fill out our simple enquiry form now to receive a call from one of our team within 24 hours.

Be careful who makes your claim as there is only one opportunity to apply -for this reason we recommend you only use the best to guarantee your chances of receiving a refund

Submit the contact form

Let our experts call you back to discuss

Let us get your deposit back plus Interest

EU Property Solutions are outstanding, straight talking, trustworthy. - Let our legal experts claim your deposit back for you PLUS interest

READ OUR LATEST BLOGS

EU Property Solutions tackle another problematic Cypriot property
March 14, 2018 | 0 Comments

A gentleman approached EU Property Solutions with a problematic Cypriot property. It was a typical mortgage sold in Cyprus during the boom and the currency was the ever problematic Swiss Francs. Swiss franc mortgages were sold based on the exchange rate at the time which included a variable interest rate. Major issues experienced by clients…

Read More
Problem property in Guadalupe Hills development
March 14, 2018 | 0 Comments

Two gentlemen approached EU Property Solutions with a problem property in the Guadalupe Hills development near La Duquesa. The property had a mortgage outstanding of €120,000 and a value of just €50,000. The main issue was the long-term tenant was leaving the property and given its value, the was becoming a significant headache. One gentleman…

Read More
Savings in excess of £50,000 on Spanish property
March 14, 2018 | 0 Comments

A gentleman from the Republic of Ireland had a mortgage on a Spanish property for €286,000. The lender in question is a Spanish bank. The property was located in La Linea very close to Gibraltar on the Costa Del Sol. The lender in question we know to be notoriously difficult to deal with, and unfortunately…

Read More
Interest-only stress on Valencia holiday home
December 21, 2017 | 0 Comments

An elderly couple purchased a property North of Valencia, with the intent to rent out the property, but also utilising it as a holiday home. They borrowed €180,000 on an initial 10 year interest only period. Unfortunately, following the collapse of the Spanish property market the value of the property plummeted to just €90,000. This…

Read More
Portuguese property portfolio
December 21, 2017 | 0 Comments

A gentleman contacted us regarding a non-performing portfolio of overseas properties. Our client found himself in financial difficulty due to an unforeseen change in personal circumstances and required assistance. EU Property Solutions were appointed and successfully negotiated the voluntary surrender and debt write off with a core Portuguese Bank. The savings, in this case, have…

Read More
EU Property Solutions’ Inaugural Success in Cape Verde
December 20, 2017 | 0 Comments

A couple from Northern Ireland purchased their dream home on the beautiful island of Cape Verde in 2008. The property was located in the Vila Verde complex on the Sal Island. Whilst initially the investment proved fruitful and proved to be an excellent holiday home, the couple soon found themselves in difficulty due to negative…

Read More
Portuguese Property Success
December 20, 2017 | 0 Comments

Portuguese Property Success Three gentlemen from the Republic of Ireland contacted EU Property Solutions regarding a troublesome property in Albufeira, Portugal. The property was in negative equity and was becoming a burden. This resulted in arrears of over €26,000 and negative equity in the region of €60,000. All three parties had significant assets and good…

Read More
EU Property Solutions On the Verge of Settling Two Large Cases for Deposits Lost to Unfinished Developments in Spain
November 27, 2017 | 0 Comments

  EU Property Solutions On the Verge of Settling Two Large Cases for Deposits Lost to Unfinished Developments in Spain Things may be looking up for the property market in Spain, with sales and prices set to grow rapidly in 2018, but some people with property abroad are still in a less than desirable situation…

Read More
Swiss Franc Mortgage on Paphos, Cyprus Property
October 9, 2017 | 0 Comments

  CaseStudy – Swiss Franc Mortgage on Paphos, Cyprus Property   The Problem: Our client purchased a property in Paphos, Cyprus over 10 years ago on what seemed to be an attractive Swiss Franc mortgage product. Since then, with an opening balance of over CHR 300,000, the debt had risen by CHR 50,000 due to…

Read More
Debt Write-Off- Caseras Del Sol, Spain
August 11, 2017 | 0 Comments

Debt Write-Off- Caseras Del Sol, Spain Case Study – Development – Caseras Del Sol, Spain Summary at a glance: Client – Mr L, UK Mortgage – 160,000 Euro Value -70,000 Euro Shortfall – 90,000 Euro Community Fees – 4,000 Euro IBI Taxes – 5,000 Euro The problem: Mr L Struggled to pay his mortgage on his property in Spain and owned…

Read More