24 Dec, 2019 @ 13:58
1 min read

British man awarded €150,000 in 15 YEAR legal battle after his dream home on Spain’s Costa del Sol was never finished

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A BRITISH man has been awarded more than €150,000 after his off-plan dream home on the Costa del Sol was abandoned by developers. 

A Madrid court has ordered that the insurer of the company pay the man €152,035.

It is the amount the unnamed Brit put down as a deposit on the property in Benahavis, more than 15 years ago.

The buyer was forced to file a claim in 2005 following serious delays to the project.

After several years he won his case but by then the developers had declared bankruptcy.

As there was a collective policy with an insurer, he would have to claim the money from them.

Now, after almost 15 years of litigation, a Madrid court ruled this week that he should be paid back the deposit, with interest.

The win was made possible by a 1968 law which allows buyers to recover their monies, ‘regardless of the length of the deadline delay’.

The insurance company argued that that law was replaced by Ley 20/2015, which came into force on January 1, 2016 – but the Madrid courts said this newer version was not retroactive.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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