The Spanish courts continue to award large compensation amounts to claimants for mis-sold timeshare. Clients of the Nordic Consulting alone have been awarded €455.370 in just the first two weeks of June. That is an average of €65.052 per claim – not an insignificant amount of money!
The biggest award was for an astounding €289.100 and was awarded by the Mercantile Court in Santa Cruz Tenerife. In addition to the monetary awards, the Spanish courts are declaring the timeshare contracts null and void, relieving the claimants of the burden of unwanted timeshare membership.
The Nordic Consulting legal team has achieved victories for timeshare holders in many different resorts including Anfi, Club La Costa, Silverpoint, Diamond and Regency. You can read about our 100% success rate for claims against Anfi here, and about the hundreds of court victories that Nordic has achieved on behalf of Silverpoint claimants here.
Remember, the key requirements for timeshare holders to be eligible to claim for compensation are that they bought their timeshare in the ECC/Spain directly from the developer after 1999. Contracts are typically declared illegal if they are for points or floating weeks and awards are increased if payments were made within 90 days of agreeing the purchase.
If you want to find out if you are entitled to a full refund of your timeshare or investment, or if you are you looking to relinquish or sell a timeshare product – make sure you contact us for free professional advice.