Off-plan property case won by CostaLuz Lawyers-DeCastro for a property in ‘Calas del Pinar’ from the developer Peinsa 97 SL

Case won by Costaluz Lawyers-DeCastro in Peinsa 97, SL development “Complejo residential Calas del Pinar”, Pulpí, Almeria. Banco Santander S.A, has been condemned to return to the claimant € 103,493.54 plus the legal interest ( 4%-5% annual) from the dates payments were made to Peinsa. The Bank … [Read more...]

CAIXA BANK sentenced to refund 330,000 Euros plus interest & costs to off-plan buyers at the Guadalupe Hills development in Manilva

The development was marketed by the bankrupt British Estate Agent company Ocean View through which hundreds of buyers, mostly British and Irish, lost millions of euros in off plan purchases in Spain. The consolidated Case Law of the Supreme Court and the good work of lawyers over the past … [Read more...]

The stubbornness of banks and the condemnation to repay interests and costs in Spanish off-plan property claims

The stubbornness of banks and the condemnation to repay interests and costs in Spanish off-plan property claims Known already are the countless Sentences that have proliferated throughout Spain since Keith Rule, the Erin Brocovich of Spanish off-plan property fought in courts and in financial and … [Read more...]

Banco Sabadell to refund 300,000€ in “La Campaneta”

This was ordered on 9th January 2018 by the First Instance Court Number 2 in Orihuela, Alicante, Spain. The responsibility derives from the legal obligations of the Bank according to Spanish Law, LEY 57/1968.  Banco CAM (now Banco SABADELL) accepted the buyers off-plan deposits into accounts … [Read more...]

SABADELL SOLBANK must return 500,000 in Cala Romántica, Mallorca

This was ordered on 19th December 2017 by the First Instance Court Number 8 of Marbella, Malaga, Spain. The responsibility derives from the issuance by BANCO CAM (now SABADELL SOLBANK) of a General Line of Guarantees for the refund of advanced payments according to keith.   This is a new example … [Read more...]

Full list of all won cases against Banks by CostaLuz Lawyers using Keith Rule Action

AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A EL BALCÓN DEL HIPÓDROMO AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A LAS CABALLERIZAS AIFOS ARQUITECTURA Y PROMOCIONES INMOBILIARIAS, S.A TERRAZASS DEL MEDITERRANEO AIFOS ARQUITECTURA Y PROMOCIONES … [Read more...]

Spain’s Supreme Court bringing questions before Europe on IRPH index

Last December 2017, the Supreme Court in Spain declared that material transparency control of the IRPH clause was not due as this was a legal index. The sentence, naturally, received harsh criticism and raised doubts about its compliance to the doctrine of the European Union regarding the control … [Read more...]

Costaluz won 42 times against banks so far in 2017

CITY COURT BANK / INSURER PROMOTOR DEVELOPMENT ORIHUELA P1 SGR, BBVA, BANCO SABADELL HERRADA DEL TOLLO S.L. SANTA ANA DEL MONTE GRANADA P2 BANCO SABADELL RUDINA MIRADOR DE IZNALLOZ ELCHE P1 BBVA (CATALUNYA BANC SA) BRONCHO PROMOCIONES LA TERCIA … [Read more...]

Off-Plan Purchase Contract Cancellation

Good debate on EOS today! http://www.eyeonspain.com/forums/posts-long-21308.aspx Supreme Court in its decission dated 22nd January 2015 states that off-plan purchase contract cancellation can be denied by a Judge due to "bad faith" on the part of the buyer when a cancellation claim hides … [Read more...]

Supreme Court Rules That A Delay Of Just Over 3 Months Justifies Termination of Purchase Contract for Off-Plan Purchase

The Supreme Court states that the delay, of just over 3 months, in the completion of a house under construction justifies the termination of the contract However, the buyer should exercise that right before being required by the vendor (developer) to grant deed. The Civil Division of the … [Read more...]

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