by Equipo Giménez Salinas | Nov 23, 2022 | Article GS, Investment in Spain, Practice Area, Publicaciones, Real estate |
PDF VERSION After the financial crisis of 2008 the real estate market in Spain dramatically changed. The percentage of newly built properties sold has moved from 44% in 2007 to only 17% in 2022[1]. In other words, in 2007 almost half of the total dwellings sold in...
by Javier Gimenez Salinas | May 24, 2019 | Expertise, Real estate |
We have recently filed a lawsuit against a promoter, its administrator, and a bank for delays in the delivery of houses. The promoter failed to fulfill its obligation to deposit the advances into a special account and to take a financial guarantee, as required by law....
by Javier Gimenez Salinas | May 24, 2019 | Expertise, Real estate |
We have filed a lawsuit against the architects of a residential building by defects in the construction. The lawsuit is against two architects, a Project Management company and its insurers. The amount of the lawsuit is more than 200,000 Euros.
by Javier Gimenez Salinas | May 24, 2019 | Expertise, Real estate |
One client payed on account a large amount of money for two houses under construction. The promoter disappeared without having started the constructions, claiming that the local government had a delay with the concession of the license that had previously agreed on....
