Spanish Timeshare Claims

H

istorically the majority of corrupt timeshare sales took place on Spanish soil and the Spanish government were one of the first to react and introduce into their legislation specific laws that ruled how timeshare products must be sold.  The law was passed on the 15th of December 1998 and came into force on the 5th of January 1999 and any timeshare products sold after this date were bound by the terms of 42/98- The Spanish Timeshare Act which contained many points…

The Most Notable Being...

  • No deposits to be taken during the cooling off period.
  • All contracts must be for a fixed term, which must not exceed 50 years.
  • All contracts must contain the full cancellation rights of the purchaser.
  • Any contract must specify the accommodation purchased with a set week and unit number.
  • Now, the Spanish timeshare industry is facing claims totalling millions of pounds due to a landmark ruling by the Spanish Supreme Court on the 15th of January 2015

The 1st Victory And Pay-out

Now, the Spanish timeshare industry is facing claims totalling millions of pounds due to a landmark ruling by the Spanish Supreme Court on the 15th of January 2015.  A six year legal battle from a Norwegian lady against Anfi SL in Gran Canaria resulted in a victory when the court ruled that her timeshare was null and void and that Anfi must return all monies paid to her. There have since been many such victories. With more being heard on a weekly basis.

What This Could Mean For You

If you purchased timeshare in Spain or its territories (i.e., Canary or Balearic Islands) it is worth having your paperwork looked to see if you have one of the affected contracts.  If it is found that your contract does fall foul of ruling 42/98 we are able to assist you in applying to the Spanish Courts to have your timeshare contract declared Null and void and have all monies paid returned to you, in fact we are able to claim back double for any amounts paid within 3 months of signing the contract plus legal interest.

We Can Help

If you think you could be affected or want to find out more either fill in our contact form, call us on 0800 060 8729 or send us a message via via our contact form.

Latest news straight to your inbox!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By clicking “Subscribe” button, you agree to our Privacy Policy.