Spain set to block claims by Irish for unfinished properties

Spanish authorities are about to cut off claims for holiday properties under a law that allows claimants to seek refunds from financial institutions rather than developers no longer in business

27th September, 2020
Spain set to block claims by Irish for unfinished properties
The unfinished Fortuna Hills golf resort in Murcia in Spain: investors paid deposits totalling around €2 million and have had some success in claiming compensation

Time is running out for Irish holiday homebuyers seeking compensation for properties in Spain and Morocco that were never completed: Spanish authorities are set to stop accepting claims by the end of the year in a move that also applies to buyers from other countries.

“In December 2020, the ability to take cases will cease completely,” said Diarmaid Condon, a property consultant and journalist who advises on cases for Irish buyers. “Essentially this means it...

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