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The real estate developer Porta Mediterránea Homes had planned four housing developments in Alcossebre (Castellón): Edificio Porta D’Irta, Conjunto Residencial Le Blanc, Residencial The Edge, and Villas Mediterrànea Life.
During the marketing phase, buyers signed the corresponding reservation and purchase agreements, depositing the amounts specified in these contracts into accounts held in the name of the developer for the acquisition of their future homes.
The contracts signed with Porta Mediterránea Homes stated that the properties would be delivered approximately between March and April 2024.
Furthermore, when buyers requested guarantees, the developer provided them with a document claiming that guarantees were unnecessary because the bank would take responsibility.
To date, the developer continues to raise buyers’ hopes, despite being in a state of insolvency and without any financial backing. This has resulted in the failure to meet the promised delivery deadlines.
What solutions are available for buyers of Porta Mediterrànea Homes?
Buyers affected by undelivered housing developments have the right to claim a refund from the bank where their deposits were made, along with the corresponding interest.
This responsibility arises from the bank’s obligation to ensure that the amounts deposited by buyers are guaranteed through insurance or a bank guarantee.
If you have been affected by this developer, do not hesitate to contact us. We will review your case and provide you with information at no cost or obligation.
At El Defensor de tu Vivienda, we are expert lawyers specializing in housing and undelivered properties.
If you made payments towards an off-plan property and have neither received the property nor recovered your funds, don’t hesitate to contact us at 910 38 43 64 or through the form on our website.
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