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Old 05-31-2008, 03:35 PM   #4 (permalink)
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Richie
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Location: Costa Blanca south
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Well, some good news to put many buyers mind at rest then?

At least it looks like something is being done about it, the banks - even the courts intervening to ensure purchasers do not lose out on the money that they have invested in the San Jose developments.

Ideally they will get the homes they signed for, obviously the local authorities will learn from this period in the industry and will be keeping a closer rein on construction companies in the future to stop this from happening again.

It's not the companies, it the customers and reputation of Spain that I'm sure you agree we are more worried about.
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